Saturday, January 24, 2015
Shares of Wei Chuan Foods Corp. (味全) moved sharply higher Friday after its beleaguered parent company, Ting Hsin International Group, repaid an overdue loan for the group's property development unit, in which Wei Chuan has a 51 percent stake, dealers said.
The iPhone 6, one of Apple Inc.'s newest smartphone models, ranked as the best-selling model in Taiwan for December 2014, industry sources said Friday.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.078 to close at NT$31.432, as foreign investors moved funds into the local stock market and boosted demand for the local currency, dealers said.
Shares in Taiwan closed higher on expanded turnover Friday as foreign funds flowed into the market following the European Central Bank's (ECB) announcement overnight of a massive stimulus program, dealers said.
Friday, January 23, 2015
Taiwan's overall trade competitiveness ranking fell from 12th to 14th place out of the 54 countries surveyed, based on a report released by the Importers and Exporters Association of Taipei (IEAT).
A firefighter who survived a deadly blaze at a Taoyuan bowling alley, which took the lives of six firefighters on Tuesday morning, accused his commander of giving the order to cut the water supply to the fire hoses, making it difficult for the firefighters inside the building to find their way out; prosecutors have since summoned the surviving firefighter for questioning.
Today marks the 61st anniversary of World Freedom Day, with the World League of Freedom and Democracy (WLFD) Republic of China Chapter holding a string of celebrations as well as forums on freedom and democracy.
In light of his recent confrontations with two of Taiwan's largest corporations, Taipei mayor Ko Wen-je (柯文哲) elaborated yesterday that he and his administration neither oppose nor hate private companies, but merely disagree with the practices of business dishonesty and collusion between corporations and government officials.
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A chicken farm located in Hualien County that raises “silky fowl” chickens (烏骨雞) was identified as the first poultry farm in Eastern Taiwan to be infected with the H5 strains of bird flu, according to the Council of Agriculture (COA) yesterday.
Local banks must cap their interest rates on credit card and cash card revolving loans at 15 percent starting Sept. 1, according to a proposal that passed its third reading yesterday in the Legislative Yuan.