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Friday, September 19, 2014
China, one of the world's biggest gold consumers, on Thursday launched a new market for trading the precious metal, state media said, as it seeks to attract foreign investors to a year-old free trade zone (FTZ).
The United States is concerned about Taiwan's treatment of pork imports containing the leanness-enhancing drug ractopamine despite Taiwan's recent progress in seeking trade liberalization, according to a top U.S. trade official at a recent World Trade Organization (WTO) meeting in Switzerland.
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Foxconn Technology Group (富士康科技集團) has recently been building an operation center to help link 300,000 cars to the Internet by January 2015, according to a Commercial Times reports.
The Tax Administration, Ministry of Finance yesterday announced that it has imposed a fine of NT$50 million against an offending real estate speculator for manipulating a government program that rewards bonus volume-to-floor area ratio allotments for development projects.
The Industrial Economics & Knowledge Center (IEK, 產業經濟與趨勢研究中心) recently said sales for global wearable electronics devices are expected to reach US$20.6 billion in 2018.
China Mobile chairman visits HTC
China Mobile Ltd. Chairman Xi Guohua (奚國華) visited the headquarters of Taiwanese smartphone maker HTC Corp. (宏達電) Thursday as part of a business trip to seek further cooperation in fourth-generation (4G) and more advanced wireless technology.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.122 to close at the day's high of NT$30.256 after the U.S. Federal Reserve raised its median estimate for the federal funds rate overnight, dealers said.
Shares in Taiwan extended their momentum Thursday from the previous session as investors took cues from the gains posted on Wall Street overnight when the Dow Jones Industrial Average hit a record high, dealers said.
After announcing it would scrap rice import caps from next year, the South Korean government proposed Thursday an initial 513-percent tariff to soften the impact on a crucial domestic market.
Warner Brothers, the fabled Hollywood studios, plans to eliminate as many as 1,000 jobs, which would be more than 10 percent of its workforce, industry journal Variety reported Wednesday.
  
  
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