Wednesday, April 24, 2013
Taiwan's Industrial Production Index (IPI) posted a 3.28-percent year-on-year decrease in March, the biggest decline since January 2012, according to figures released yesterday by the Ministry of Economic Affairs (MOEA).
The Organisation for Economic Co-operation and Development (OECD) on Tuesday backed Japan's bid to end years of deflation, but called on Tokyo to step up efforts to shrink its huge debt pile.
The Philippines has failed to make headway in cutting rampant poverty, with more than one in four citizens deemed poor despite the country's economic growth, according to census figures released Tuesday.
Monday, April 22, 2013
Australian Treasurer Wayne Swan on Sunday warned a high dollar and lower terms of trade had led to a AU$7.5 billion (US$7.7 billion) “sledgehammer” hit to budget revenues.
Malaysia has reported a nearly 50-percent drop in reported online scams to 714 cases in the first quarter of 2013 from 1,321 cases in the same period last year.
Japan's participation in a massive Pacific trade agreement will create an enormous market for American exports and generate employment, a top U.S. trade official said Sunday., 1 Comment
Sunday, April 21, 2013
Global and Chinese automakers showcased family-friendly sedans and SUVs targeting coveted urban buyers at China's biggest auto show Saturday as competition intensifies in this huge but crowded market.
Saturday, April 20, 2013
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip-maker, soared Friday morning after the company gave an optimistic sales outlook for the second quarter, dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.07 to close at NT$29.840 after foreign institutional investors served as net buyers in the stock market, boosting demand for the local currency, dealers said.
Shares in Taiwan moved sharply higher Friday as gains posted by Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip-maker, vaulted the broader market past the 7,900-point mark, dealers said.