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Friday, January 23, 2015
Shares in Taiwan extended gains Thursday from a session earlier as investors embraced hopes that the European Central Bank (ECB) will further ease its monetary policy to stimulate the eurozone, dealers said.
The U.S. dollar fell against the New Taiwan dollar Thursday, shedding NT$0.043 to close at NT$31.510 as foreign institutional investors continued to pick up local shares on a large scale, boosting demand for the local currency, dealers said.
Thursday, January 22, 2015
China's e-commerce boomed in 2014 with transactions reaching around 13 trillion yuan (US$2.09 trillion), the government said Wednesday, as Beijing looks online for new drivers of growth.
The percentage of export orders received by Taiwan based companies but produced overseas rose dramatically in the final four months of 2014 to set a record high for a full year, the Ministry of Economic Affairs (MOEA) reported on Tuesday.
The value of the output of Taiwan's manufacturing sector is expected to grow 2.93 percent this year from a year earlier because of the global economic recovery, according to the Industrial Economics and Knowledge Center (IEK).
Taiwan's declining birth rate will soon take a toll on the country's workforce, the National Development Council (NDC, 國發會) warned Tuesday, noting that Taiwan's working population will fall by an average of 180,000 people annually starting in 2016.
HTC to bring budget 4G phones to local market
Taiwanese smartphone maker HTC Corp. announced yesterday that it will introduce budget 4G phones in a bid to make headway in the as yet untapped under-NT$5,000 market.
The finance minister yesterday objected to a claim that the National Taxation Bureau (國稅局) is targeting the Taipei City mayor, saying that auditors are also investigating President Ma and Sean Lien (連勝文) for tax evasion.
Taiwan's Acer Inc. (宏碁) and Asustek Computer Inc. (華碩) saw their personal computer shipments fall in the Asia-Pacific region last year, but one of the two still outperformed the overall market, tech research company IDC said.
Local dynamic random access memory (DRAM) stocks generally moved higher Wednesday morning on expectations that demand will stabilize in the second quarter after the traditionally slow first quarter, dealers said.
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