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Tuesday, February 17, 2015
A Chinese rating agency said Monday it has downgraded France's sovereign credit ratings, citing concerns about the country's debt repayment.
Two Taiwanese carriers, TransAsia Airways (復興航空) and China Airlines (CAL, 華航), will be fined for making their employees work more than 12 hours a day in violation of the country's labor regulations, the Labor Ministry said Monday.
The U.S. dollar rose against the Taiwan dollar Monday, gaining NT$0.125 to close at NT$31.600 as the local central bank's intervention helped the U.S. currency fend off downward pressure resulting from further foreign fund inflows into the country, dealers said.
Monday, February 16, 2015
A Nikkei report published Friday on its Chinese-language website said that a “soft landing” outcome for China's sweeping transformation to a consumer-driven economy will cause considerable ramifications across Asia.
Shipments of projectors to Taiwan grew by an annual 2.2 percent in the fourth quarter of last year, according to data compiled by research firm IDC.
Net inflows of foreign funds into Taiwan consistently broke records as overseas institutional investors kept buying in the local market, according to the Financial Supervisory Commission (FSC,), the top financial regulator on the island.
Sunday, February 15, 2015
Nanya Technology Corp., one of Taiwan's leading DRAM makers, retained its title as the fourth- largest mobile DRAM supplier in the world in the fourth quarter of last year, according to DRAMeXchange.
Saturday, February 14, 2015
Local market shares rallied 12.6 percent to end above the 9,500-point mark yesterday, in the highest final-session showing since 2000.
Approximately 31.7-percent of consumers claim they spend the extra money saved from recent drops in oil prices rather than rolling it over into savings, according to Cathay Holdings' (國泰金控) “National Economic Confidence” February report. Cathay Holdings released the report yesterday morning giving important implications for domestic consumption, as well as Taiwan's export and real estate market.
Shares in Taiwan closed higher Friday after Wall Street posted gains overnight, but turnover remained low as many investors appeared reluctant to chase prices ahead of the Lunar New Year holiday, dealers said.
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