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Saturday, July 4, 2015
Asian markets mostly retreated Friday ahead of the weekend's Greek referendum that could decide its eurozone future, while Shanghai plunged almost 6 percent, at the end of another torrid week for mainland investors.
The U.S. dollar was under pressure Friday following a mixed U.S. jobs report that has investors questioning the likelihood of a September interest rate hike, while the euro was little changed ahead of this weekend's Greek bailout referendum.
Oil prices eased in Asia Friday ahead of a weekend bailout reform referendum in Greece that could determine its future in the eurozone.
Friday, July 3, 2015
Taiwan's purchasing managers index (PMI) fell again last month, dropping 0.3 points to 50.8, the Chung-Hua Institution for Economic Research (CIER,中華經濟研究院) reported yesterday.
Taiwan -- Chu brings forth new era for business bank
The Taiwan Business Bank's (TBB, 台灣企銀) annual shareholders meeting announced its newest chairman, Robert Chu (朱潤逢), taking up his post and the board of director's decision to distribute stock dividends at NT$0.73.
Solar energy stocks got a boost Thursday morning on hopes that global demand will increase this year, while product prices have shown signs of rebounding, prompting investors to buy into these stocks, dealers said.
Power use reached an all-time high yesterday in Taiwan amid broiling heat, according to the Taiwan Power Co. (Taipower, 台電).
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.050 to close at NT$31.150 after moving in a quiet session ahead of the release of the U.S. non-farm payroll data the following day, dealers said.
The Taiwan unit of Yahoo Inc. said Thursday that its weekly mobile page views have increased by 50 percent since the search engine revamped its mobile version in early June.
Taiwan-based Foxconn Technology Group (富士康), the world's largest contract electronics maker, will assemble smartphones at its production base in Brazil for Chinese smartphone brand Xiaomi Inc. (小米), market sources said Wednesday.
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