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Friday, March 27, 2015
World stocks down on weak data, Wall Street dive
World stock markets and the U.S. dollar slid Thursday, battered by weak economic data and tensions in the Middle East as futures pointed to another dive on Wall Street.
Housing prices for the “March 29 Period” (329檔期) are expected to show wider bargaining price margins relative to 2014, according to a report by local online property service, HouseFun (好房網). Pricing for new properties in Taipei City are expected to fall three to five percent in 2015.
 > Taiwan
Samsung Electronics Co. launched the newest version of its flagship Galaxy S smartphone series in Taiwan on Thursday, with the aim of regaining the biggest market share in the country, which is currently held by Apple Inc.
The Central Bank of the Republic of China said Thursday it has decided to leave its key interest rates unchanged, at the conclusion of its quarterly policymaking meeting.
 > Taiwan
Yelp launched Wednesday in Taiwan, in an expansion of the Asian presence of the popular consumer business review service.
The underperforming Taiwan High Speed Rail (THSR) yesterday introduced a new financing system that aims to increase the public sector's stake in the company while slashing the price of a one-way ticket between Taipei's main station and Kaohsiung's Zuoying station from NT$1,630 to NT$1,490.
 > Taiwan
FPG stocks remain resilient despite Vietnam steel accident
Shares of four major firms under Formosa Plastics Group (FPG, 台塑集團) appeared resilient Thursday morning on the local main board despite a scaffolding collapse in the group's steel mill located in central Vietnam that reportedly killed at least 14 people, dealers said.
 > Taiwan
Taiwan Mobile Co. (台灣大哥大), the country's second-largest wireless service provider, said Thursday it will establish Taiwan's fastest fourth-generation (4G) mobile network next month after integrating its current frequency bands.
 > Taiwan
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.
 > Taiwan
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
  
  
  
  
  
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