Friday, August 28, 2015
The National Development Council's (NDC, 國發會) economic monitoring indicator fell two points to an overall score of 14 in July, flashing blue to signify a decline, becoming the third blue indicator this year.
Fuel prices in Taiwan are expected to move sharply lower next week at a time when international crude oil prices kept falling amid concerns that the weakness of the global market will further drag down global demand, market sources said.
Perng Fai-nan (彭淮南), governor of Taiwan's central bank, was named one of the world's nine best central bankers in 2015 by Global Finance magazine and given an "A" grade for the 11th year in a row.
Vietnam's fast-growing market has attracted a large number of Taiwanese companies that plan to invest in the country in the coming years.
Taiwan and Japan have nearly completed negotiations on a bilateral agreement to avoid double taxation, a Taiwanese official said Thursday. The date of its signing is still being discussed, the official said.
The number of new housing projects in Taipei City is expected to fall in 2015 to the lowest in 19 years due to a series of government's measures to rein in home prices, a local property market magazine said Thursday.
Shares in Taiwan closed above the 7,800 point mark Thursday after Wall Street bounced back strongly overnight on hopes that the U.S. Federal Reserve is in no hurry to raise interest rates, dealers said.
Taiwan's consumer confidence weakened for the fourth consecutive month in August amid concerns over an economic slowdown at home and abroad, a survey by National Central University showed Thursday.
Taiwan's Acer Inc. (宏碁) is aiming to triple the number of its cloud users in 2015 as the world's fifth-largest PC maker responds to a shrinking PC industry by making software and offering online cloud services.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.005 to close at NT$32.770 after Taiwan's central bank jumped into the market to prop up the U.S. currency, helping the greenback recoup its earlier losses, dealers said.