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Friday, August 22, 2014
With rising consumer goods prices and a better economic outlook, some local banks predict that the Central Bank of Taiwan will raise the interest rate by 0.125 percentage points by the end of the year.
The Financial Supervisory Commission (FSC, 金管會) yesterday pledged to assist in the efforts of Taiwanese financial institutions in expanding toward other Asian markets abroad by easing a number of regulatory hurdles limiting the banking, insurance and securities brokerage industries.
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.005 to close at NT$30.052 on thin trade amid caution about the possibility that the U.S. Federal Reserve will raise its key interest rates sooner than the market has anticipated, dealers said.
As renowned chef Kentaro Torii (鳥居建太郎) redefined “Food for the Soul,” DBS Bank (星展銀行) again indulged DBS Treasures clients with a gastronomic surprise in Taipei.
Shares in Taiwan dipped Thursday as the bellwether electronics sector weakened as a result of investors locking in gains they had built up in the sector in recent sessions, dealers said.
The production value of Taiwan's machine tool industry is expected to increase this year by about an annual 4.5 percent on the back of a global economic recovery, according to a research report Wednesday.
Thursday, August 21, 2014
Gobo Group (國寶集團) President Chu Guo-rong (朱國榮) was called in for investigation yesterday by the Investigation Bureau, Ministry of Justice on suspicion of participating in market manipulation and defrauding the investing public.
Shares of Motech Industries Inc. (茂迪), one of Taiwan's leading solar cell suppliers, extended their gains for a second day Wednesday following the reduction of an anti-dumping tariff imposed on the company by the U.S. Commerce Department, dealers said.
Taipei signed a registry agreement with the Internet Corporation for Assigned Names and Numbers (ICANN) Wednesday with the top-level domain suffix “.taipei” set to open for registration in November, according to Taipei's Department of Information Technology (DIT).
Representatives of the 2014 Taipei International Beef Noodle Festival organized by the Taipei City government made their last China stop in Shanghai Wednesday to promote the 10th anniversary of the annual festival.
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