Sunday, July 27, 2014
Taiwan's sound economic fundamentals are expected to continue to lend support to the local bourse, Finance Minster Chang Sheng-Ford said Saturday.
Saturday, July 26, 2014
The Chinese National Federation of Industries (CNFI, 全國工業總會) publicized its 2014 White Paper yesterday, while CNFI Chairman Rock Hsu (許勝雄) pointed out Taiwan needs transformational change badly in order to compete on the global stage.
Anticipating growing exports and local demand, the Taiwan Institute of Economic Research (TIER) yesterday raised Taiwan's 2014 GDP growth forecast to 3.28 percent, up 0.05 percentage points from its prediction made in April.
The 2014 Taipei Computer Applications Show (TICA) will take place in the Taipei World Trade Center's Exhibition Hall 1 from July 31 to Aug. 4 and will feature complimentary admission for the public, event organizers announced yesterday.
Shares in Taiwan pulled back Friday as investors locked in their earlier gains in the bellwether electronics sector, creating heavy downward pressure on high-tech heavyweights, including Largan Precision Co. (大立光電), dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.017 to close at NT$30.035. Turnover totaled US$707 million during the trading session.
Japanese inflation eased in June due to the slowing impact on prices from a sales tax hike and surging imports, official data showed Friday, figures that are likely to stoke renewed questions about Tokyo's war on deflation.
Friday, July 25, 2014
A key measure of Chinese manufacturing activity hit an 18-month high in July, HSBC said Thursday, in a further sign the world's second-largest economy is gaining momentum on the back of Beijing's mini-stimulus.
Shares in Taiwan closed 0.29 percent higher at 9,527.54 as the financial sector attracted rotational buying while the U.S. dollar gained NT$0.017 to close at the day's high of NT$30.052.
Japan's trade deficit ballooned to a record in the first half of the year as exports fell further in June, data showed Thursday, ramping up pressure on the central bank to unveil fresh measures to boost the economy.