Thursday, February 27, 2014
Shares in Taiwan got a boost Wednesday from high-priced electronics stocks, in particular smartphone camera lens supplier Largan Precision Co. (大立光電), extending market momentum from a session earlier, dealers said.
The output of Taiwan's information and communications technology (ICT) industry looks primed to continue its leading role in the manufacturing sector in 2014, a government-backed research center said Wednesday.
The U.S. dollar fell against the Taiwan dollar Wednesday, shedding NT$0.052 to close at NT$30.350 as traders here were encouraged by the strength of the South Korean won to pick up the local currency, dealers said.
Wednesday, February 26, 2014
The Eco-Products International Fair 2014 will be held in Taipei March 13-16 with 438 booths, the highest number since the annual exhibition was first held in 2004, the organizer said yesterday.
The Chinese yuan on Monday recorded its fifth consecutive session of weakening against the greenback, propelling a similar decline against the local currency, representing the preconditions for an ideal entry point for investors favoring yuan-denominated fixed deposits, according to reports.
Due to a surge in capital demand during the Chinese New Year, monetary aggregates of M1B and M2 in January grew 9.39 percent and 5.97 percent, respectively, compared with a year ago, the Central Bank of the Republic of China (CBC) said yesterday.
As Taiwan catches the growth momentum of Western countries, the economic outlook index for Taiwan's manufacturing and service industries grew in January for the second consecutive month, according to a report released by the Taiwan Institute of Economic Research (TIER, 台經院) yesterday.
The Industrial Economics and Knowledge Center (IEK) on Tuesday raised its 2014 growth forecast for the output value of Taiwan's manufacturing sector to NT$17.74 trillion from the previous NT$17.72 trillion, thanks to better-than-expected global recovery.
Shares in Taiwan edged higher Tuesday on strong rallies in global equity markets, but the gains were kept in check by technical resistance as the benchmark index approached 8,600 points.
Tuesday, February 25, 2014
The number of interconnected objects will increase substantially over the next few years, forming a rapidly growing “smart” ecosystem, according to a local research center.