Signs of a slowdown for farm products exported to China could be driven by heightened tension and uncertainty in cross-strait relations in the run-up to the power transfer, according to local media reports.1 Comment
Production value of the manufacturing sector fell 13.79 percent from a year ago to NT$2.822 trillion in the first quarter, the Ministry of Economic Affairs (經濟部) said on Thursday.
Shares in Taiwan moved lower to close below the 8,100-point mark Thursday in the wake of rising fears that the U.S. Federal Reserve will raise its key interest rates in its next policymaking meeting set for mid-June, dealers said.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.097 to close at NT$32.802 amid renewed concerns over an interest rate hike by the U.S. Federal Reserve in June, dealers said.
Taiwan stocks are attractive because of their high dividend payout, lower volatility and future cash flow-generating ability, U.S.-based QS Investors said at a press event Thursday.
The Taiwan Stock Exchange (TWSE) said Thursday that the local main board will be closed June 9-10 for the Dragon Boat Festival, a public holiday.
Industry leaders on Wednesday urged the incoming Tsai Ing-wen administration to spur the economy by attracting investment.1 Comment
7-Eleven was the top violator among all convenience stores last year in selling cigarettes to minors, according to the results of a Consumers' Foundation investigation released Thursday.1 Comment
FIH Mobile, a subsidiary of Hon Hai Precision Industry, will take over Microsoft's feature phone business for US$350 million, the U.S.-based company said on Wednesday, May 18.
Traditional pastry maker Victor Kobo (維格餅家) on Wednesday revealed it has been undertaking plans to develop Southeast Asian markets, since it predicted a drop in tourists from mainland China due to political reasons last year.