Monday, November 30, 2015
German carrier Lufthansa, reeling under a series of recent strikes, said Saturday it had reached a wage rise accord with services sector union Verdi covering 30,000 ground staff.
Sunday, November 29, 2015
The chairman of the Hong Kong arm of one of China's biggest securities companies goes missing. The head of another firm resurfaces after months incommunicado. An executive at a film studio is detained for allegedly taking bribes.
A new batch of 1,000 "Pepper" robots jointly developed by Japanese telecom giant SoftBank Corp. and Taiwanese contract manufacturer Hon Hai Precision Industry Co. sold out in just one minute after they were put on sale in Japan Saturday.
Companies listed on the local main board and the over-the-counter (OTC) market enjoyed improving profitability for the first nine months of this year, even though the local economy showed signs of a slowdown, according to the Financial Supervisory Commission (FSC).
Property developers in three cities in Northern Taiwan have been cutting back on their efforts to put up new properties for sale, which resulted in a more than 30 percent year-on-year drop in supply in the first 10 months of the year, according to a real estate market magazine, My Housing.
Tseng Ming-chung, chairman of the Financial Supervisory Commission (FSC), said Saturday that starting in January, Taiwan may allow Chinese retail investors to buy shares in the local equity market, in a bid to boost the trading volume.
Despite a yearlong run of poor exports, Taiwan should be able to record annual GDP growth of 1 percent on a short-term stimulus package in the fourth quarter, Financial Supervisory Commission (FSC) Chairman William Tseng (曾銘宗) said yesterday.
The government has increased the quota for domestic travel subsidies offered by its latest program to stimulate the economy.
Wei Chuan (味全) said its Lin Feng Ying Milk (林鳳營鮮乳) has little chance of reclaiming the No. 1 market position.
Saturday, November 28, 2015
The Directorate General of Budget, Accounting and Statistics (DGBAS, 主計總處) yesterday cut its forecast for annual gross domestic product (GDP) growth from 1.56 percent to 1.06 percent.