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Thursday, October 16, 2014
In a bid to assist ongoing government policies aimed at stimulating tourism, the central bank yesterday announced that it is mulling a move to raise the limit on the amount of New Taiwan dollars visitors may bring into the country from NT$60,000 to NT$100,000.
Taiwan's average wealth per adult in U.S.dollar terms grew 3.7 percent annually during the 2000-2014 period based on the current greenback value, according to a Credit Suisse report.
Ahead of TSMC's (台灣積體電路) earnings report taking place today, institutional investors yesterday announced upbeat outlooks affirming the stellar prospects of the world's largest contract chip-maker's 10-nanometer fabrication technology.
Half of Taiwanese aged between 18 and 22 said they are willing to find jobs in mainland China, according to a survey published recently.
Shares in Taiwan closed lower Wednesday as investors cut their holdings in the spot market to profit in futures, with large-cap stocks almost across the board in focus, dealers said.
Siemens, NTUB agree on greater cooperation
Siemens Taiwan and the National Taipei University of Business (NTUB,國立台北商業大學) on Wednesday signed an agreement for industry-education cooperation, elevating the international competitiveness of NTUB students and staff.
Foreign institutional investors register net fund input over past two sessions
Foreign institutional investors brought more funds into Taiwan than they remitted out during the past two days, reversing a recent trend, Financial Supervisory Commission (FSC,金融監督管理委員會) Chairman Tseng Ming-chung (曾銘宗) said Wednesday.
China Airlines (CAL,中華航空), Taiwan's largest airline, flew its first Boeing 777-300ER to Hong Kong and then Bangkok but it plans to expand the aircraft's route network as more are delivered, the Economic Daily News reported Wednesday.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.010 to close at NT$30.420 as traders here took cues from a strong South Korean won to raise their holdings in the local currency, dealers said.
South Korea's central bank cuts key interest rate to record low
South Korea's central bank lowered its key interest rate to a record low Wednesday as it tries to bolster a fragile economic recovery. The bank also downgraded its growth forecasts for Asia's fourth-largest economy.
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