Saturday, January 30, 2016
The Taiwan Stock Exchange (TWSE) announced recently the criteria for the public listing of sustainable entrepreneurial ventures. Venture capital companies meeting the aforementioned criteria may, with immediate effect, apply for public listing according to the relevant regulations, according to a press release of the TWSE.
On the back of worse-than-expected exports and domestic consumption, the government tuned down Taiwan's 2015 GDP growth to 0.85 percent, the lowest figure in six years.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.133 to close at NT$33.705 as traders reacted to the strength of other regional currencies and bought into the local currency throughout the session, dealers said.
Virtual reality (VR) is dominating the 2016 Taipei Game Show, which kicked off on Thursday and will run through Feb. 2, according to the organizer Taipei Computer Association (TCA)
Shares in Taiwan jumped Friday to close above the 8,000 point mark as buying focused on large cap stocks, in particular in the financial sector, which had been hammered by worry over overseas investments amid global volatility, dealers said.
HTC Corp.'s (宏達電) next flagship phone, possibly called the One M10, may go back to using UltraPixel camera technology after dropping it in the last flagship model it released, according to tech blog VentureBeat.
The quality of over 60 percent of USB power supplies sold in Taiwan is not up to standard, according to the results of a survey released Friday by the Cabinet's Consumer Protection Committee.
President Ma Ying-jeou said Friday that exchanges of students between Taiwan and mainland China contributed to peace in the area, and he lamented that mainland students studying in Taiwan are still not covered under Taiwan's national health insurance program.
Japan led global stock markets higher Friday after its central bank introduced a negative interest rate policy in the latest move to overcome malaise in the third-biggest economy. The yen dived against the U.S. dollar and the euro.
Friday, January 29, 2016
The Bank of Japan on Friday said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up a stumbling economic recovery.