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Friday, May 15, 2015
The U.S. dollar fell against the New Taiwan dollar Thursday, shedding NT$0.099 to close at NT$30.681 after Washington released lower-than-expected retail sales for April, dealers said.
Microsoft Corp. on Thursday launched its least expensive Lumia smartphone to date in Taiwan, as part of the software giant's efforts to offer more low-cost handsets.
India's wholesale inflation dropped for a sixth straight month as fuel prices and manufacturing costs continued to ease, government data showed Thursday.
Thursday, May 14, 2015
When the consolidated land and housing tax is launched next year, the "luxury tax" will be annulled at the same time, Finance Minister Chang Sheng-ford (張盛和) said yesterday.
Australian Prime Minister Tony Abbott ruled out an early election Wednesday during a media blitz to sell the budget as opponents accused the government of delaying fiscal repair to win votes.
Wednesday, May 13, 2015
Shares in Taiwan closed higher Tuesday as buying rotated to old economy and financial stocks to offset losses incurred by the bellwether electronics sector, dealers said.
The Financial Supervisory Commission (FSC, 金管會) yesterday unveiled a new plan that encourages more mergers and acquisitions (M&A) in the finance industry along with measures to regulate the practice.
Gov't calls off phase-3 water rationing in north
The government called off the third-phase water rationing imposed in Northern Taiwan on the back of yesterday's morning shower, the largest rainfall the island received in this year's monsoon season.
The Water Resources Agency (WRA, 水利署) yesterday held a conference to discuss the topic of water rationing in the Greater Kaohsiung area, which led to the decision to temporarily suspend imposed water restrictions.
The Ministry of Economic Affairs (MOEA, 經濟部) yesterday called India an emerging market for Taiwan investors due to an increasingly business-friendly climate under India Prime Minister Narendra Modi.
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