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Thursday, September 11, 2014
Taiwan, Singapore to create link between stock markets
Following a trading link agreement signed between mainland China and Hong Kong, the Taiwan Stock Exchange (TWSE) and Singapore Exchange (SGX) on Wednesday made moves in the same direction in a bid to provide more diversified portfolios across the two markets.
 > Taiwan
The Taiwan Stock Exchange's main index yesterday closed at 9,357.61 points, losing 77.16 points, or 0.81 percent.
 > Taiwan
More than 30 Taiwanese business leaders from around the world gathered on Capitol Hill in Washington at the invitation of an American congressman on Tuesday to endorse their country's bid to take part in the Trans-Pacific Partnership (TPP).
 > Taiwan
Formosa Plastics Group (FPG, 台塑集團) has recently proposed that Japan-based JFE Steel Corporation take a 10-percent share of FPG's Ha Tinh steel plant in Northern Vietnam, according to local media reports.
 > Taiwan
In for a penny, in for a pound.
As U.S. sales of cars and trucks have grown this year, so has the late-payment rate on auto loans.
The Federal Reserve is pushing the biggest U.S. banks to shrink so that they're less of a risk to the financial system.
Exporting more U.S. crude around the world would lower the price of gasoline for U.S. drivers and benefit the U.S. economy, according to a new study released Tuesday.
The Turkish economy slowed sharply to 2.1 percent growth in the second quarter, partly because of rate rises to defend the lira, official data showed on Wednesday.
France's finance minister says the country will miss the European Union's deficit target for three more years and he is lowering growth projections for this year and next.
  
  
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