Tuesday, February 17, 2015
Taiwan Cooperative Bank (合作金庫) said Monday that it has organized a US$40 million syndicated loan extended to a unit of Yieh Phui Enterprise Co. (燁輝), one of the leading steel makers in the country.
EVA Airways (長榮航空), one of Taiwan's leading international carriers, said Monday it will hire 500 new employees this year as part of a plan to expand capacity and increase its number of destinations.
Chinese American historian and Tang Prize (唐獎) laureate Yu Ying-shih (余英時) has decided to use his NT$10 million (US$319,124) research grant to set up a scholarship in Taiwan with the hope of encouraging young researchers in the field of humanities, according to the Tang Prize Foundation.
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.