Friday, August 28, 2015
The number of new housing projects in Taipei City is expected to fall in 2015 to the lowest in 19 years due to a series of government's measures to rein in home prices, a local property market magazine said Thursday.
Shares in Taiwan closed above the 7,800 point mark Thursday after Wall Street bounced back strongly overnight on hopes that the U.S. Federal Reserve is in no hurry to raise interest rates, dealers said.
Taiwan's consumer confidence weakened for the fourth consecutive month in August amid concerns over an economic slowdown at home and abroad, a survey by National Central University showed Thursday.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.005 to close at NT$32.770 after Taiwan's central bank jumped into the market to prop up the U.S. currency, helping the greenback recoup its earlier losses, dealers said.
Philippine economic growth quickened in the second quarter, the government said Thursday, placing the country in a better position to weather the global fallout from China's economic woes.
The yen faced selling pressure Thursday as investors' fears over mainland China's economy began to ease, and as equity markets rebounded following hints the U.S. Federal Reserve may not lift rates next month.
Financial Supervisory Commission (FSC, 金管會) Chairman Tseng Ming-chung (曾銘宗) stated his optimism about a stable Taiwan equity market yesterday should foreign stocks perform favorably as well, and announced financial measures to back up the Cabinet.
Thursday, August 27, 2015
The EasyCard Corp. (悠遊卡公司) defended its decision yesterday to have a veteran actress in Japanese adult films appear on upcoming contactless smartcards covers on the island starting next month., 1 Comment
Manufacturing, financial service and medicine related solutions will make up more than half of Internet of Things (IoT) applications in 2018, according to accounting firm Ernst & Young Taiwan's forecast.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.114 to close at NT$32.765 as foreign investors continued moving funds into the region amid reduced chances of an interest rate hike in the United States in September, dealers said.