Saturday, November 28, 2015
A plunge in mainland Chinese stocks dragged Asian markets down Friday after authorities launched a probe into several brokerages and profits at the country's industrial giants sank far more than expected.
The euro on Friday hovered around seven-month lows on the U.S. dollar and was also weak against Asian currencies on speculation that the European Central Bank will unleash fresh stimulus measures next week.
Oil prices traded near US$42 in Asia Friday as U.S. markets took a break for Thanksgiving and Russia ruled out a military strike against Turkey for shooting down one of its warplanes.
German consumer confidence slipped for a fourth month in a row in November as shoppers worried about the impact of a record influx of asylum seekers, a survey found Thursday.
Friday, November 27, 2015
The Industrial Technology Research Institute (ITRI, 工研院) has recently developed new algorithms that utilize big data for intelligent decision-making.
Economics Minister John Chen-chung Deng (鄧振中) said Thursday that Taiwan prioritizes a trade-in-goods agreement with China over the U.S.-led Trans-Pacific Partnership (TPP) for the moment, adding that he hopes talks on the trade pact with mainland China will make a breakthrough by the end of this year.
A 71-year-old mainland China journalist imprisoned on a state secrets conviction was released for medical reasons after pleading guilty during a closed-door appeal hearing, her lawyers and state media said.
Lawrence Ng, entrepreneur and co-founder of Oversee.net, launched OnRamp Fund, a US$10 million incubator that invests in early stage startups. Unlike other funds that invest in a large number of startups, OnRamp Fund's focus is to help its portfolio companies achieve critical milestones by working closely with select entrepreneurial teams, according to the organization.
The Taiwan Textile Federation (TTF, 中華民國紡織業拓展會) celebrated its 40 year anniversary Wednesday.
The Taipei Exchange (TPEx), which promotes over-the counter trading of securities in Taiwan, signed a memorandum of understanding with the Canadian Securities Exchange to help emerging enterprises find more funding.