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Saturday, September 13, 2014
South Korea's central bank kept its benchmark interest rate fixed at 2.25 percent Friday following a cut of 25 basis points in August.
Friday, September 12, 2014
An affiliate of German carmaker Volkswagen has been fined more than US$40.5 million for price-fixing in China, authorities said Thursday, the latest company to be punished under a sweeping anti-monopoly crackdown.
Thursday, September 11, 2014
China's premier promised Wednesday to open the world's No. 2 economy wider to foreign companies, promising favorable conditions despite a wave of anti-monopoly investigations that business groups say might be aimed at limiting competition.
While the National Communications Commission (NCC) recently denied Tatung InfoComm (大同電信) the right to switch its WiMAX operating license to the latest 4G network.
The Vietnamese Ministry of Industry and Trade (MOIT) announced last Friday that it will levy an anti-dumping tax on cold-rolled stainless steel imported from Taiwan, mainland China, Indonesia and Malaysia.
Taiwan, Singapore to create link between stock markets
Following a trading link agreement signed between mainland China and Hong Kong, the Taiwan Stock Exchange (TWSE) and Singapore Exchange (SGX) on Wednesday made moves in the same direction in a bid to provide more diversified portfolios across the two markets.
The Taiwan Stock Exchange's main index yesterday closed at 9,357.61 points, losing 77.16 points, or 0.81 percent.
More than 30 Taiwanese business leaders from around the world gathered on Capitol Hill in Washington at the invitation of an American congressman on Tuesday to endorse their country's bid to take part in the Trans-Pacific Partnership (TPP).
Formosa Plastics Group (FPG, 台塑集團) has recently proposed that Japan-based JFE Steel Corporation take a 10-percent share of FPG's Ha Tinh steel plant in Northern Vietnam, according to local media reports.
The Turkish economy slowed sharply to 2.1 percent growth in the second quarter, partly because of rate rises to defend the lira, official data showed on Wednesday.
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