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Saturday, November 15, 2014
Employees in Taiwan would like to be paid an average NT$40,536 (US$1,324) per month, about 10 percent higher than the average real wage, according to a survey released Friday by an online human resource agency.
Owing to the warming business climate, credit card spending for 2014 spending will likely hit a record high of NT$2 trillion, according to the Financial Supervisory Commission (FSC, 金融監督管理委員會).
Japanese auto parts maker Takata said Friday that U.S. justice authorities have opened a criminal investigation into its exploding airbags, which have been linked to at least five driver deaths.
Japan's top three banks have posted lackluster half-year profit figures as the impact of last year's stock market surge faded and they struggle to boost lending at home.
Warner Music announced a partnership Thursday with Chinese Internet company Tencent that will include streaming, in the first such deal for a major global record label in the huge market.
Friday, November 14, 2014
India and the United States said Thursday they have resolved a row over food subsidies that has been blocking a landmark global trade agreement for months.
As the Japanese yen is plunging in value, the Ministry of Economic Affairs (MOEA) yesterday invited Japanese businesses leaders “for a cup of coffee,” as part of efforts to have them slash product prices.
FSC confirms cross-strait talks on finance sector
Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung (曾銘宗) confirmed yesterday that cross-strait meetings will be held by the end of the year to deliberate collaboration in the banking, insurance and securities industries.
Local financial regulators recently authorized Taiwan-listed companies to participate in the issuance of non-capital-raising depository receipts (Level-1 ADR) that are traded in over-the-counter markets overseas.
CTBC Financial Holding recently posted earnings per share (EPS) of NT$2.44 for the year to September, saying that it is optimistic about Taiwan's economy in 2015 and its own prospects.
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