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.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.004 to close at NT$31.405 as local central bank intervention cushioned the impact on the greenback resulting from the latest disappointing economic data in the United States, dealers said.
Taiwan's Hon Hai Precision Industry Co. (鴻海) signed a strategic partnership agreement Thursday with SK C&C Co., a leading South Korean information technology (IT) services provider, to form a joint venture for the Chinese market.
Taiwan and China will begin a new round of negotiations over a trade-in-goods pact with China on March 31 in Beijing, focusing on market opening and tax concessions, a Ministry of Economic Affairs official said.
Taiwanese investors are facing increasing challenges in China as they continue to lose their competitive edge in a lowering market, a Chinese-language magazine reported.