Saturday, March 28, 2015
Taiwan “should actively take part instead of staying on the sidelines” of the ongoing initiative to set up the Asian Infrastructure Investment Bank (AIIB), an international financial institution proposed by China, President Ma Ying-jeou said in an interview published Friday.
The nation's consumer confidence index (CCI) rose 1.69 points to 91.13 in March, which is an all time high since records began 15 years ago.
Shares in Taiwan took a beating Friday as the bellwether electronics sector continued to trend lower amid concerns over semiconductor growth this year, dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.030 to close at NT$31.375 as traders here were encouraged by gains posted by the South Korean won to raise their holdings in the local currency, which tends to closely track the South Korean unit, dealers said.
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip-maker, continued to fall Friday morning, extending their losses from the previous session, amid lingering worries over slow growth in the global wafer foundry industry, dealers said.
Friday, March 27, 2015
Tseng Ming-chung (曾銘宗), chairman of the Financial Supervisory Commission (FSC, 金管會), said on Thursday that he supports the idea of Taiwan joining the proposed Asian Infrastructure Investment Bank (AIIB).
Housing prices for the “March 29 Period” (329檔期) are expected to show wider bargaining price margins relative to 2014, according to a report by local online property service, HouseFun (好房網). Pricing for new properties in Taipei City are expected to fall three to five percent in 2015.
Samsung Electronics Co. launched the newest version of its flagship Galaxy S smartphone series in Taiwan on Thursday, with the aim of regaining the biggest market share in the country, which is currently held by Apple Inc.
The Central Bank of the Republic of China said Thursday it has decided to leave its key interest rates unchanged, at the conclusion of its quarterly policymaking meeting.
Yelp launched Wednesday in Taiwan, in an expansion of the Asian presence of the popular consumer business review service.