Wednesday, March 12, 2014
Taiwan's central bank governor, Perng Fai-nan (彭淮南), stressed yesterday that Taiwan will not see deflation, and that he expects inflation to exceed 1 percent in March.
The U.S. dollar fell NT$0.02 against the Taiwan dollar Tuesday to close at NT$30.305 as traders locked in gains posted in the greenback a day earlier, dealers said.
Shares in Taiwan closed higher Tuesday, returning to above the 8,700-point mark, after the bellwether electronics sector staged a rebound following a slump in a session earlier, dealers said.
Tuesday, March 11, 2014
The China Aviation Development Foundation's (CADV, 航發會) board of directors yesterday passed a vote to elect Taiwan Futures Exchange (TAIFEX, 期交所) Chairman Fan Chich-chiang (范志強) as Taiwan High Speed Rail Co.'s (THSR, 台灣高鐵) legal entity representative.
The Ministry of Labor (MOL, 勞動部) yesterday announced its intent to cease all appeals and contention efforts following a court decision ruling in favor of the multitudes of laid-off workers rendered last Friday.
The scale of Taiwan Semiconductor Manufacturing Co.'s (TSMC) January and February revenues covers 71 percent of it first-quarter prospects of NT$138 billion for the first quarter, bound to outcompete local peers United Microelectronics Corporation (UMC).
Through the efforts of the Bureau of Foreign Trade, Taiwan has been selected to host this year's Eco-Products International Fair.
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) remained the world's largest pure IC foundry supplier in 2013, with a market share of 46 percent and revenue of US$19.8 billion, according to IC Insight.
Germany's Deutsche Bank AG has upgraded its rating on shares of HTC Corp. (宏達電) from “sell” to “hold,” becoming the first foreign brokerage in nearly a year to envision a better outlook for the Taiwanese smartphone maker.
The Central News Agency (CNA) cited Australia and New Zealand Banking Group (ANZ) as reporting that the central bank is unlikely to raise its key interest rates at its next quarterly policymaking meeting later this month since inflationary pressure is low.