Cathay Financial hikes GDP forecast

Cathay Financial Holding Co (國泰金控) yesterday raised its GDP growth forecast for Taiwan to 6.1 percent for this year and 3.9 percent for next year, citing a recovery in private consumption and ... ( read original story ...)

Embracing the future

Tesla vehicles are displayed at an electric-vehicle charging station — launched by CPC Corp, Taiwan and Uspace Tech Co — in Taipei’s Shilin District yesterday. CPC said that there are now 16,000 ... ( read original story ...)

Stock markets in Asia chase Wall Street’s gains

Asian stock markets rose on Friday after Wall Street hit a new high as fears of the Omicron variant of SARS-CoV-2 eased. Taipei, Hong Kong and Sydney all advanced, while Tokyo and Shanghai declined. ( read original story ...)

COVID-19: Japan keeps balanced budget goal

Japan is sticking for now with its goal to balance its budget by the end of March 2026 even after approving record spending for next year. “As we have written in this year’s government plans, we are ... ( read original story ...)

FSC to audit banks’ credit controls

The Financial Supervisory Commission (FSC) is to conduct a second round of inspections by the end of the year to ensure that financial institutions are complying with the central bank’s latest ... ( read original story ...)