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Friday, January 22, 2016
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.012 to close at the day's high of NT$33.838, hitting another fresh high in almost seven years. It was the sixth consecutive session for the U.S. dollar to close higher against the New Taiwan dollar.
Prosecutors on Thursday indicted therepresentative of a local clothing company and its designer on charges of copyright violations for stealing a rival's designs.
The Taiwan Stock Exchange (TWSE, 台灣證券交易所) said that the Capital Investment Trust Corporation (群益投信) applied for the recognition of "CSI 100 Leveraged 2X Index" and "CSI 100 Inversed Index," as the first case this year by domestic securities investment trust enterprise (SITE) applying for ETF underlying index recognition, according to a press release from the TWSE.
The Taiwan Stock Exchange (TWSE) said yesterday that as of the end of December 2015, accumulated net income/loss of securities firms was as follows: Net income of overall securities firms was NT$26,016 million. Among 45 integrated securities firms, 31 recorded accumulated net income and 14 suffered accumulated net loss, according to a press release from the TWSE.
The mammoth Trans-Pacific Partnership (TPP) trade deal will be formally signed in New Zealand next month, marking the end of negotiations on the agreement, officials in Wellington said Thursday.
Thursday, January 21, 2016
Export orders down by 4.4 percent in '15: Economics Ministry
Taiwan export order value fell 4.4 percent annually in 2015 on tumbling international crude prices and tepid growth of the global economy, the Ministry of Economic Affairs (MOEA, 經濟部) said Wednesday.
Evergreen Group founder Chang Yung-fa passes away
Chang Yung-fa (張榮發), founder of the Evergreen Group, died at the age of 88 Wednesday.
Shares in Taiwan took a dive Wednesday, apparently affected by plummets in the major Asian stock markets of Hong Kong, Japan, South Korea and China, dealers said, attributing the regional fall to concern among investors over crude oil price drops and the global economic slowdown.
Mainland China's central bank has pledged more than 600 billion yuan (US$91 billion) in funding support for banks to provide sufficient liquidity around the traditional Chinese New Year, when demand for cash surges.
Chinese overseas direct investment (ODI) rose to nearly US$120 billion last year, official data showed Wednesday, as the world's second-largest economy sought to acquire foreign technologies, expand markets and diversify energy supply.
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