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August, 30, 2016

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Business > Asia > Singapore
The Singapore Exchange announced on Monday it will upgrade its derivatives trading and clearing platforms to improve risk controls, increase efficiency and lower costs for market participants.
 
Shares of Everlight Electronics Co. (億光), one of Taiwan's leading LED lighting and product suppliers, moved higher Thursday morning after the company announced a day earlier that it will invest NT$30 billion (US$943 million) over the next few years to expand production.
 
Singapore's economy is expected to slow to growth of 3.0 percent this year as a global deterioration hits the city-state's crucial trade outlook, the government said Tuesday.
 
New Housing Board flats have become more affordable relative to applicants' household incomes, compared with last year.
 
Authorities may need powers to regulate the fixed pay of bankers as well as their bonuses, the Bank of England governor said Monday amid concern the current pay regime does not deter misbehavior.
 
The U.S. dollar rose against the Taiwan dollar Wednesday, gaining NT$0.064 to close at NT$30.602 after the local central bank seized the weakness of other regional currencies as a cause to bolster the greenback, helping the currency recoup earlier losses, dealers said.
 
Emerging Asian nations are finding out what developed ones did years ago: money -- and the stuff it buys -- brings happiness.
 
A Swiss delegation met with Taiwanese representatives of nonprofit organizations and businesses in Taipei to discuss ways to tackle challenges in developing sustainable energy, including how to reduce dependence on nuclear power.
 
Shares in Taiwan fell Friday as investors feared further volatility on Wall Street after a doctor in New York who recently returned from West Africa was diagnosed with the Ebola virus, dealers said.
 
Following in the steps of local peers, Shinkong Life Insurance (新光人壽) is poised to increase its investments in commercial real estate markets in major cities across Vietnam, Myanmar, mainland China and elsewhere.
 
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