Friday, March 7, 2014
Shares in Taiwan closed above 8,700 points Thursday, the highest point in more than two years, as the bellwether electronics sector continued its momentum from the previous session, dealers said.
The U.S. dollar fell against the Taiwan dollar Thursday, shedding NT$0.029 to close at NT$30.323 as traders moved their funds into regional currencies, including the local unit, after the United States reported disappointing economic data overnight, dealers said.
Israel's representative office in Taiwan held a seminar Thursday on investment opportunities in Israel that was attended by representatives from Taiwanese and Israeli companies, in an effort to boost economic ties between the two countries.
Thursday, March 6, 2014
The central bank said on Tuesday that the United States Federal Reserve's tapering off of its quantitative easing (QE) program has had less of an impact on Taiwan than on other emerging economies, according to the Central News Agency (CNA).
The Council of Agriculture (COA) dispatched investigators to southern markets in Taiwan to probe the recent increase in pork prices yesterday, stating that should figures continue to increase, the possibility of illegal markups and attempted monopolization will increase, possibly necessitating the involvement of the Fair Trade Commission (FTC).
President Ma Ying-jeou said yesterday that Taiwan will be crippled if it does not take part in regional economic integration, likening the current state of global affairs to the Warring States period in ancient China.
Following the traffic congestion that occurred during the 228 Memorial holidays, the Ministry of Transportation and Communication (MOTC) yesterday announced that it will be scrapping the highway fare discounts for the upcoming Ching Ming Festival.
Transportation and Communications Deputy Minister Fan Chih-ku (范植谷) confirmed yesterday that a train cable that recently snapped resulted from neglect during previous checkups.
Regulators and industry representatives yesterday staged an opening ceremony marking the commencement of financial services operations in the Free Economic Pilot Zones (FEPZ) program.