Saturday, April 25, 2015
Shares in Taiwan closed above the 9,900-point mark Friday on expanded turnover as investors rushed to pick up large-cap electronics stocks following a rebound staged by the tech-heavy Nasdaq overnight, dealers said.
The Taiwan Institute of Economic Research (TIER, 台經院) yesterday tuned up its forecast on the nation's GDP growth to 3.7 percent this year on the back of greater economic prospects and falling oil prices.
The Taiwan stock futures index touched the 10,000-point mark for the first time in 15 years at one point Friday before pulling back, but it still ended above its previous close.
Friday, April 24, 2015
The industrial production index compiled by the Ministry of Economic Affairs (MOEA) registered at 112.84 in March, growing nearly 7 percent year-on-year and hitting a record high for the same month.
Shanghai will launch a platform to trade stocks on both exchanges, dealers said.
Taiwanese investors rank No. 1 in the world in terms of expectations of returns on investments, according to a survey conducted by Legg Mason Global Asset Management.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.018 to close at NT$31.131 after trading in a slow session on moderate turnover, dealers said.
Thursday, April 23, 2015
Japan posted its first monthly trade surplus in nearly three years in March thanks to falling import costs from cheaper oil prices, along with a modest recovery in exports.
Semiconductor solution provider Hermes Microvision's (HMI, 漢微科) shares topped NT$2,000 to hit a new record on the over-the-counter (OTC) market yesterday.
Taiwan's jobless rate hit 3.72 percent in March, up by 0.03 percentage points from February but down by 0.31 percentage points from a year earlier, government statistics showed Wednesday.