Wednesday, April 16, 2014
In an effort to expand Taiwan's international bonds market, the Taiwan Depository & Clearing Co. (TDCC, 集保中心) held an account opening signing ceremony yesterday with Clearstream, an international clearing Europe-based counterpart.
Shares in Taiwan closed higher Tuesday as the bellwether electronics sector staged a rebound after high-tech stocks posted gains on markets in the United States overnight, dealers said.
e anticipated launch of larger iPhone models later this year should benefit Taiwan-based Hon Hai Precision Industry Co. (鴻海精密) because many smaller iPhones in circulation will likely be replaced, according to brokerage CLSA Ltd.
The Chung-Hua Institution for Economic Research (CIER) has raised its forecast for Taiwan's GDP growth in 2014 because of signs that the global economy is improving.
The U.S. dollar rose against the Taiwan dollar Tuesday, gaining NT$0.002 to close at NT$30.235 on the back of the local central bank's intervention to reverse the greenback's earlier losses, dealers said.
Singapore consumers love their low-priced China smartphones.
Dim sum bonds, or offshore yuan bonds, will see increasing demand, experts said, thanks to lower financing costs in Hong Kong and tightening liquidity in the mainland.
Tuesday, April 15, 2014
As the European Union strives for an 80-percent reduction in carbon emissions, Taiwan should also promise to cut down on carbon emission by 2050, said Sir David King, special representative to the foreign secretary on climate change in the UK., 1 Comment
Local scholars raised concern in a public hearing yesterday that the government's flagship project Free Economic Pilot Zones (FEPZ) may face public opposition, as the program may induce income disparity as well as land ownership disputes.
Amid the increasing proof of the promising future of wearable devices, Taiwan's high-tech industry has stepped up investments in the area and is likely to see a good start this year.