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April, 30, 2016

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Business > Asia
The number of workers on unpaid leave in Taiwan dropped by more than 100 in the first two weeks of April, government statistics showed Monday.
 
Chairman Paul Wolfowitz of the U.S.-Taiwan Business Council will lead a delegation to visit Taiwan April 18-20 during which they will meet with President Ma Ying-jeou and President-elect Tsai Ing-wen to discuss ways of promoting business relations between the two countries, council sources said Sunday.
 
TAIEX increased by approximately 1.86 percent last week, while the total market capitalization of the Taiwan Stock Exchange Co. (TWSE, 台灣證券交易所)-listed stocks reached NT$25.60 trillion.
 
Major Asian stock benchmarks sank Monday after an effort by major oil producing nations to agree on production cuts failed over the weekend.
 
Ratings agency Moody's on Monday downgraded its outlook for South Korea's banking system from stable to negative, predicting a deterioration in creditworthiness over the next year.
 
Rising N. Korea gas prices put pinch on traffic
Pyongyang drivers are feeling some pain at the pump as rising gas prices put a pinch on what has been major traffic growth over the past few years -- and that might not be good news for the isolated country's shifting domestic economy.
 
Facebook has become the most popular way for Taiwanese young adults to make friends with and contact each other, according to a survey on the impact of the use of smart phones on university students.
 
TAITRA's Taiwan Trade Fair forays into Lanzhou
More than 300 Taiwanese manufacturers gathered in Lanzhou City in China on Friday, as the Taiwan External Trade Development Council (TAITRA, 外貿協會) kicks off a four-day trade show to promote Taiwan-made products.
 
Sheu named to head Finance Ministry
Incumbent Deputy Finance Minister Sheu Yu-jer (許虞哲) was tapped to take the helm of the Ministry of Finance (MOF) by Premier-designate Lin Chuan on Friday, a nomination that has garnered a positive reception due to his ..................
 
China's economy expanded at its slowest rate in seven years during the first quarter, the mainland authorities said Friday, but forecast-beating readings for March raised hopes a growth slowdown in the Asian giant may be bottoming out.
 
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