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Friday, March 27, 2015
Shares in Taiwan closed down Thursday as investors took hints from a plunge on Wall Street overnight caused by the latest disappointing economic data from the United States, dealers said.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.004 to close at NT$31.405 as local central bank intervention cushioned the impact on the greenback resulting from the latest disappointing economic data in the United States, dealers said.
Taiwan's Hon Hai Precision Industry Co. (鴻海) signed a strategic partnership agreement Thursday with SK C&C Co., a leading South Korean information technology (IT) services provider, to form a joint venture for the Chinese market.
Taiwan and China will begin a new round of negotiations over a trade-in-goods pact with China on March 31 in Beijing, focusing on market opening and tax concessions, a Ministry of Economic Affairs official said.
Taiwanese investors are facing increasing challenges in China as they continue to lose their competitive edge in a lowering market, a Chinese-language magazine reported.
Tigerair Taiwan, a joint venture between Taiwa's China Airlines and Singapore's Tiger Airways, said Thursday that it will launch flights between Taiwan Taoyuan International Airport and Tokyo's Narita Airport April 2 to capitalize on increasing travel interest between the two countries.
Thursday, March 26, 2015
Taiwan -- Scaffold collapse in FPG Vietnam factory kills 14
Hanoi - At least 14 people were killed and 30 injured in a scaffold collapse in a steel complex that has investment from Taiwan-based conglomerate Formosa Plastics Group , media in the Southeast Asian country reported early Thursday.
Taiwan -- Labels possibly altered in Japan: MHW
The Food and Drug Administration (FDA) confirmed on Tuesday rumors that local trade companies have been importing food products from irradiated regions of Japan, with nearly 300 items on the list as of press time.
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Taiwan -- Ko criticizes standards of Taipei citizens
Taipei Mayor Ko Wen-je (柯文哲) yesterday spoke at the University of Taipei, where he was quoted reflecting on the standard of Taiwanese citizens during a post-speech interview.
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Eight more downpours are needed before the Water Resources Agency (水利署) can lift phase-three water rationing slated to start April 1, Economics Minister John Deng (鄧振中) estimated yesterday.
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