Saturday, May 16, 2015
The Financial Supervisory Commission (FSC, 金管會) said Friday that it will further relax day trading rules on June 1 to include more stocks in Taiwan's day trading framework.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.069 to close at NT$30.612 after a fall in the U.S. producer price index for April prompted traders in Taiwan to dump the greenback throughout the session, dealers said.
Friday, May 15, 2015
Shares in Taiwan took a beating Thursday as the financial sector came under heavy pressure amid fears that a drop in property prices would hurt the bottom lines of banks that have made big loans to home buyers, dealers said.
The U.S. dollar fell against the New Taiwan dollar Thursday, shedding NT$0.099 to close at NT$30.681 after Washington released lower-than-expected retail sales for April, dealers said.
Microsoft Corp. on Thursday launched its least expensive Lumia smartphone to date in Taiwan, as part of the software giant's efforts to offer more low-cost handsets.
India's wholesale inflation dropped for a sixth straight month as fuel prices and manufacturing costs continued to ease, government data showed Thursday.
Thursday, May 14, 2015
When the consolidated land and housing tax is launched next year, the "luxury tax" will be annulled at the same time, Finance Minister Chang Sheng-ford (張盛和) said yesterday.
Australian Prime Minister Tony Abbott ruled out an early election Wednesday during a media blitz to sell the budget as opponents accused the government of delaying fiscal repair to win votes.
Wednesday, May 13, 2015
Shares in Taiwan closed higher Tuesday as buying rotated to old economy and financial stocks to offset losses incurred by the bellwether electronics sector, dealers said.
The Financial Supervisory Commission (FSC, 金管會) yesterday unveiled a new plan that encourages more mergers and acquisitions (M&A) in the finance industry along with measures to regulate the practice.