Saturday, October 10, 2015
The sum of the nation's retirement funds -- the Labor Pension Fund and the Labor Retirement Fund -- topped the NT$2 trillion mark at the end of August, the Ministry of Labor (MOL, 勞動部) reported recently.
U.S. mining giant Freeport-McMoRan has won assurances on its future in Indonesia, allowing it to move forward with plans to invest US$18 billion in the world's biggest underground mine, the company and government officials said.
An umbrella group of local and foreign banks in smog-hit Singapore has urged members to make "sustainable development" part of their lending requirements, stepping up pressure on companies linked to land-clearing fires in Indonesia.
Friday, October 9, 2015
The number of Taiwanese visitors to Indonesia could grow, now that the Southeast Asian county included Taiwan in its latest round of visa-free privileges Sept. 18, aviation and tourism representatives said Thursday.
Mainland Chinese shares surged Thursday as dealers returned from a week-long break that saw a global advance, but a regional rally mostly petered out, with Tokyo ending a six-day winning streak.
Thursday, October 8, 2015
Taiwan's exports fell for an eighth straight month in September, contracting 14.6 percent year on year to US$22.54 billion, according to a Ministry of Finance (MOF, 財政部) report released yesterday.
Taiwan's consumer price index (CPI) for September rose 0.28 percent from a year earlier, the first monthly rise this year after falling for eight straight months, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Wednesday.
Shares in Taiwan jumped more than 1 percent Wednesday on gains posted by the integrated circuit sector led by IC designer MediaTek Inc. (聯發科) and contract chip-maker Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), dealers said.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.065 to close at NT$32.872 as the strength of other currencies in the region encouraged traders here to buy into the local currency, dealers said.
Data Express Infotech Co., one of Apple Inc.'s main distributors in Taiwan, said Wednesday that its initial delivery of iPhone 6s models will be higher than last year's first shipment of the iPhone 6.