Friday, March 7, 2014
In an earnings conference, Shin Kong Financial Holding Co. (新光金控) yesterday announced that the company's net asset value has returned to above the NT$100 billion benchmark, while providing a progress update on efforts to expand toward the China and Southeast Asian markets.
Hawaiian Airlines is suspending its non-stop service to Taiwan in April and reassigning that route's 294-seat Airbus 330-200 aircraft to its non-stop service to Seoul, saying the increase in demand it anticipated after a change to U.S. visa rules hasn't materialized.
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).
Regulators and industry representatives yesterday staged an opening ceremony marking the commencement of financial services operations in the Free Economic Pilot Zones (FEPZ) program.
Taiwan High Speed Rail Co. (THSR) Chairman Ou Chin-der (歐晉德) yesterday tendered his resignation, saying he takes responsibility for glitches in THSR's train service and unwelcomed ticket price hikes.