Saturday, March 28, 2015
Taiwan “should actively take part instead of staying on the sidelines” of the ongoing initiative to set up the Asian Infrastructure Investment Bank (AIIB), an international financial institution proposed by China, President Ma Ying-jeou said in an interview published Friday.
The nation's consumer confidence index (CCI) rose 1.69 points to 91.13 in March, which is an all time high since records began 15 years ago.
Shares in Taiwan took a beating Friday as the bellwether electronics sector continued to trend lower amid concerns over semiconductor growth this year, dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.030 to close at NT$31.375 as traders here were encouraged by gains posted by the South Korean won to raise their holdings in the local currency, which tends to closely track the South Korean unit, dealers said.
Friday, March 27, 2015
Housing prices for the “March 29 Period” (329檔期) are expected to show wider bargaining price margins relative to 2014, according to a report by local online property service, HouseFun (好房網). Pricing for new properties in Taipei City are expected to fall three to five percent in 2015.
The Central Bank of the Republic of China said Thursday it has decided to leave its key interest rates unchanged, at the conclusion of its quarterly policymaking meeting.
The underperforming Taiwan High Speed Rail (THSR) yesterday introduced a new financing system that aims to increase the public sector's stake in the company while slashing the price of a one-way ticket between Taipei's main station and Kaohsiung's Zuoying station from NT$1,630 to NT$1,490.
Taiwan Mobile Co. (台灣大哥大), the country's second-largest wireless service provider, said Thursday it will establish Taiwan's fastest fourth-generation (4G) mobile network next month after integrating its current frequency bands.
Shares in Taiwan closed down Thursday as investors took hints from a plunge on Wall Street overnight caused by the latest disappointing economic data from the United States, dealers said.