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Thursday, July 17, 2014
Shares in Taiwan pulled back Wednesday as investors took hints from losses incurred on the tech-heavy Nasdaq index overnight to pocket the gains they had built in local large-cap electronics stocks, dealers said.
A Taiwan Sustainability Summit was recently held in Taipei, where Siemens Taiwan suggested energy transition strategies for Taiwan and shared Germany's experience in tackling energy and environmental issues.
South Korea's unemployment rate inched down in June from a month earlier, although young people faced an increasingly tough job market, government statistics showed Wednesday.
Wednesday, July 16, 2014
Renminbi- (RMB) denominated deposits against total foreign currency deposits in Taiwan rose to a record-setting 6.2 percent in late May, becoming the fifth major foreign currency unit after the greenback, British pound, Hong Kong dollar and yen.
Taiwan's research and development spending topped 3 percent of the country's gross domestic product (GDP) in 2012, the Ministry of Economic Affairs (MOEA) said Tuesday, citing Organisation of Economic Co-operation and Development (OECD) statistics.
Tuesday, July 15, 2014
Thanks to higher-than-expected private consumption, private investment and trade in goods and services, the Chung-Hua Institution for Economic Research (CIER) yesterday raised its forecast of the nation's GDP growth this year to 3.15 percent, up 0.1 percentage points from its previous forecast.
In the sixth cross-strait economic cooperation summit to be held next month, the government will try to cut the tie between Taiwan obtaining the Renminbi Qualified Foreign Institutional Investor (RQFII) qualification and the passage of the Cross-Strait Trade in Services Agreement.
MediaTek (聯發科), one of the world's leading fabless semiconductor companies yesterday unveiled the MT6595 and the MT6795, the firm's latest true octa-cored system on chip (SoC) solutions tailored for the next generation of 4G network-capable flagship mobile devices at a product launching event in Shenzhen.
Reports indicate that Lu Fung-ming (呂芳銘), an executive overseeing one of Hon Hai Precision Industry Co.'s (鴻海) numerous business groups is poised to take the chairmanship of Asia Pacific Telecom (APT, 亞太), following the resignation of outgoing chairwoman Chiu Chun-chi (邱純枝) taking effect last Sunday.
Mazda Taiwan bullish on local market
Mazda Motor Taiwan, the local branch of the Japanese carmaker, expressed optimism on the local market Tuesday and said it aims to increase its local market share over the next four years.
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