Saturday, March 28, 2015
U.S. economic growth slowed in the fourth quarter, and economists are looking for an even weaker showing in the first quarter as severe winter weather takes its toll. But the retreat is expected to be short-lived. Stronger growth is expected for the rest of the year, thanks to a recovering job market that should boost consumer spending.
The economic monitoring indicator flashed a “green” signal in February, representing a stable economy, according to a report released by the National Development Council (NDC) yesterday.
ipei City's Department of Labor (DOL, 勞動局) said yesterday that they will look into Yahoo Kimo (Yahoo奇摩) and China Television Company Ltd.'s (CTV, 中國電視事業股份) mass layoffs, which are estimated to lead to the loss of at least 100 positions.
The chairman of the embattled Ting Hsin International Group (頂新) stepped down Friday from his chairmanship of Taiwan Star Telecom Corp. (台灣之星), the conglomerate's telecoms venture.
V Air, a low-cost carrier unit of Taiwan's TransAsia Airways, said Friday that it will launch a new route to Macau on April 10, its third international destination after Thailand's Bangkok and Chiang Mai.
Gasoline and diesel prices in Taiwan are likely to rise next week in reflection of rebounding international crude prices amid a geopolitical crisis, market sources said Friday.
Taiwan is interested in joining the Beijing-backed Asian Infrastructure Investment Bank (AIIB) but will not accept conditions that downgrade its status, the Ministry of Foreign Affairs (MOFA) said yesterday.
Taiwan “should actively take part instead of staying on the sidelines” of the ongoing initiative to set up the Asian Infrastructure Investment Bank (AIIB), an international financial institution proposed by China, President Ma Ying-jeou said in an interview published Friday.
The nation's consumer confidence index (CCI) rose 1.69 points to 91.13 in March, which is an all time high since records began 15 years ago.
Shares in Taiwan took a beating Friday as the bellwether electronics sector continued to trend lower amid concerns over semiconductor growth this year, dealers said.