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Saturday, December 6, 2014
UBS Securities has revised upward its forecast for Taiwan's gross domestic product (GDP) growth in 2014 on solid economic growth outlook for the fourth quarter.
Consumer price index up 0.86% in Nov.
Taiwan's consumer price index (CPI) rose 0.86 percent in November from a year earlier amid lower fuel prices, showing moderate growth from the 1.06 percent year-on-year increase in October, according to government statistics Friday.
As hiring is expected to continue to expand through the first quarter, some 71.3 percent of employees surveyed by an online job broker have indicated that they plan to change jobs before the Chinese Lunar New Year holiday in February.
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Shares in Taiwan fell Friday as investors took cues from lackluster performance on Wall Street overnight, but the index still ended above 9,200 points as the financial sector continued its momentum, dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.005 to close at NT$31.192 as the strength of the euro encouraged traders here to buy into the local currency, dealers said.
Friday, December 5, 2014
Domestic gasoline prices are likely to fall NT$1.2 (US$0.04)-NT$1.3 per liter next week as international crude prices continue to trend lower, market sources said Thursday.
The Ministry of Finance (MOF,財政部) said Thursday that there it needs to reevaluate the impact on the local stock market resulting from a planned capital gains tax targeting major market players.
Natixis (法國外貿銀行), a France-based corporate and investment bank, is scheduled to issue a tranche of U.S. dollar-denominated bonds in Taiwan Friday, according to the Gretai Securities Market (GTSM,證券櫃檯買賣中心).
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.030 to close at the day's high of NT$31.197 as the local central bank took advantage of falls in other regional currencies to prop up the greenback, .......
Shares in Taiwan extended momentum Thursday from a session earlier to close above the 9,200-point mark as investors remained upbeat that a capital gains tax targeting major players in stocks will be lowered or even abolished, dealers said.
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