TAIPEI (Reuters) - Taobao Taiwan shut its e-commerce site on Thursday after the government ordered the firm to re-register as China-backed or leave the island, part of a drive to increase scrutiny ... ( read original story ...)
Losses Expected To Accelerate For Taiwan Shares
First Financial dipped 0.24 percent, Taiwan Semiconductor Manufacturing Company shed 0.65 percent, United Microelectronics Corporation rallied 2.06 percent, Hon Hai Precision skidded 1.14 percent, ... ( read original story ...)
Taiwan and the US Are Building on Strong Relationship
Taiwan relationship continues to grow, and the “Framework to Strengthen Infrastructure Finance and Market Building Cooperation” is a step forward. ( read original story ...)
Central bank to keep property credit controls
The central bank intends to maintain selective credit controls on the local property market, which has seen an uptick in transactions and prices, it said in a report released yesterday, ahead of ... ( read original story ...)
Virus Outbreak: Global finance leaders back stimulus
Global finance leaders on Tuesday said the world economy had so far escaped a collapse triggered by the COVID-19 pandemic, but warned that failure to conquer the outbreak, maintain stimulus and tackle ... ( read original story ...)
UPDATE 2-Taiwan c.bank says spent $3.9 bln on forex intervention in H1
Taiwan's central bank said on Tuesday it bought $3.9 billion U.S. dollars in the first half of this year, more than half what it spent in all of 2019, to intervene in the foreign exchange market to ... ( read original story ...)
UPDATE 1-Taiwan c.bank says spent $3.9 bln on forex intervention in H1
TAIPEI, Oct 13 (Reuters ... “This helps domestic financial stability and economic growth,” the bank said. It added that it will “maintain order in the forex market” if there were ... ( read original story ...)
Taiwan ends market intervention as stocks stabilise
Taiwan's Finance Ministry on Monday said that its National Stabilisation Fund would no longer intervene to buy stocks, as the island's bourse bounces back from the impact of the coronavirus pandemic ... ( read original story ...)
Virus relief pushes US budget deficit to record US$3.1tn
New, eye-popping US budget figures released on Thursday show an enormous US$3.1 trillion deficit in the just-completed fiscal year, a record swelled by COVID-19 relief spending that pushed the tally ... ( read original story ...)
Taiwan seeks Malaysia’s support to join CPTPP
PETALING JAYA, Malaysia is urged to support Taiwan's bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), says Anne Hung, the Representative of Taipei ... ( read original story ...)
BlackRock’s rhetoric does not match record: critics
BlackRock Inc, the world’s biggest money manager, made headlines early this year when it pledged to prioritize climate change in its investments and pare down its coal holdings. However, ... ( read original story ...)
China Market Update: RMB Has Strongest Single-Day Gain In 15 Years VS The USD
THE STRONGEST SINGLE DAY OF PERFORMANCE FOR THE RENMINBI VERSUS THE US DOLLAR IN 15 YEARS! The renminbi (RMB) moved $0.09 versus the USD last night! You might remember how China “devalued” its ... ( read original story ...)
Taiwan eyes doubling investments in Tamil Nadu
Taiwan is keen for its companies to double its investments in Tamil Nadu, a move that could create as many as a million jobs in the state, an official of the Taipei Economic and Cultural Centre has ... ( read original story ...)
People in Taiwan Can Ride the Subway and Pay for Snacks With Poké Balls
When the Poké Ball EasyCard officially went on sale in Taipei last year it was limited to just 3,000 units, and at just $11 each it sold out almost immediately, to the surprise of no one. The company ... ( read original story ...)
Taiwan inspects port, tells shippers to follow N.Korea sanctions
Taiwan government officials inspected one of the island's major ports on Thursday to check shippers were in compliance with United Nations sanctions against North Korea, after previously being ... ( read original story ...)
Taiwan exports stay high September
Taiwan registered exports totaling US$30.71 billion in September 2020, the second-highest monthly level ever, down 1.5% from the record hit in August, according to the Ministry of Finance (MOF). ( read original story ...)