Global and China News

US consumer prices edge up slightly by 0.1 percent in Sept.

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - U.S. consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices. The tiny gain was the latest evidence that inflation remains benign.

CommonWealth Magazine honors top firms

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - CommonWealth Magazine (天下雜誌) yesterday highlighted the nation's most renowned enterprises with the 20th edition of the Most Admired Company in Taiwan award.

Average regular wage up 1.63% in 8 months

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Average regular monthly wages in Taiwan's non-farm sector rose 1.63 percent from a year earlier to NT$38,076 (US$1,257), the highest level on record, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Wednesday.

Taiwan remains popular destination among expats: HSBC

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Thanks to friendly locals, an affordable cost of living and decent health care, Taiwan is ranked as the eighth most popular destination among global expats, based on the Expat Explorer Report 2014 released by HSBC.

Google Glass supplier says firm will not further invest

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Taiwanese chip-maker Himax Technologies Inc. announced Wednesday that Google Inc. has decided not to exercise its previously issued purchase option to make an additional investment into a Himax unit, Himax Display Inc., which supplies liquid-crystal-on-silicon microdisplay technology for Google Glass.

APEC chiefs see 'downside risks' to global economy

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - The global economy is beset by increasing “downside risks,” Asia-Pacific finance chiefs said Wednesday, a day after growth in China hit a five-year low.

Q4 iPhone shipments may exceed forecast: brokerage

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - The production of Apple smartphones in the holiday quarter could beat the California-based company's forecast because of strong demand for the new larger-screen iPhone 6 models, according to an analysis by German bank Deutsche Bank AG.

NCC approves the sale of HTC's new Desire EYE

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - HTC (宏達電) Corp.'s new selfie-centric smartphone has been certified by Taiwan's communications regulator, the National Communications Commission (NCC), for sale in the country, a step that the company hopes will help it sustain its local sales momentum.

New rules adopted in hopes of spurring US home loans

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Banks will get a break in easier rules for packaging and selling mortgage securities and fewer borrowers will have to make hefty down payments under actions taken by federal regulators.

More hackers targeting mobile phones to get bank info: survey

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Hackers are increasingly targeting mobile phones to get into bank accounts of victims and steal money, security researchers said Tuesday.

TPK shares down as firm denies Hon Hai rumors

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - TPK shares yesterday tumbled by 7 percent following the company's denial of market rumors that Hon Hai Precision Industry Co. (鴻海) may be planning to acquire a stake in the touch display panel maker.

CAL to double Taipei-Busan routes

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - China Airlines (CAL, 中華航空) plans to double the number of weekly flights from Taipei to Busan to 14, respectively, in late October, according to an Economic Daily News report.

Asia Pacific Telecom to roll out 4G service

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - The National Communications Commission (NCC) has granted Asia Pacific Telecom (亞太電信) the 4G operating license using the 700 MHz frequency, and the telecom company is set to launch its 4G broadband service by year-end.

Local market rebounds as electronics sector gains, closes at 8,748.83 points

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Shares in Taiwan staged a technical rebound Wednesday, with buying focused on the bellwether electronics sector in the wake of a strong showing made by high-tech stocks in American markets overnight, dealers said.

Q3 syndicated loans shrink to US$4.5 billion in new low

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Taiwan's syndicated loans shrank to a new six-year quarterly low of US$4.5 billion in the third quarter on weak market demand, according to data compiled by business news and financial information provider Bloomberg.

US dollar down, closes at NT$30.393 on Taipei forex

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.008 to close at NT$30.393 as a strong rebound by the local market boosted demand for the local currency, dealers said.

Japanese economy hit by growing trade deficit

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Japan's shaky economy was dealt another blow Wednesday, as official data showed a widening September trade deficit that puts the world's number-three economy on track to log a record annual shortfall.

Yahoo surges on Alibaba divestment, mobile

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Yahoo said Tuesday its quarterly profit surged with its sale of shares in Chinese Internet powerhouse Alibaba, and that it was seeing signs of life in its mobile Internet initiatives.

Apple issues security warning for iCloud service

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Apple has posted a new security warning for users of its iCloud online storage service amid reports of a concerted effort to steal passwords and other data from people who use the popular service in China.

With years of gains in mirror, big slump is no cause to ditch market

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - After more than five years of stock market gains, investors could be forgiven for worrying that big sell-offs may be the harbingers of bigger slumps.

Falling oil prices stretch Venezuela's books amid exchange rate, subsidies

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Sliding oil prices are deepening the budget crisis facing the Venezuelan government, which is already struggling to fund its lavish subsidies and rigid exchange-rate controls, analysts say.

Harley-Davidson tops Q3 net income expectations

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Harley-Davidson's third-quarter profit fell nearly 8 percent on a planned reduction of motorcycle shipments for the quarter.

Dallas tycoon Wyly files for bankruptcy protection, faces massive penalties

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Prominent Dallas businessman Samuel Wyly has filed for bankruptcy protection as he and the estate of his brother face up to US$400 million in penalties after being found liable for hiding stock holdings overseas.

Asia stocks gain on US rally, Europe stimulus talk

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Hopes for fresh stimulus from the European Central Bank (ECB) and China's steady growth bolstered Asian stocks Wednesday after the SandP 500 had its best day of the year. European markets drifted lower.

Euro rebounds modestly in Asian trade

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - The euro rebounded modestly in Asia on Wednesday after it dropped in New York on reports that the European Central Bank (ECB) could expand its bond-buying program.

Oil prices dip after recent gains as investors keep an eye on the Fed

(Thu, 23 Oct 2014 00:19:00 +0800)

(ChinaPost.com.tw) - Oil prices slipped Wednesday after enjoying a recent upturn in line with a global equities rebound, while analysts said investors will now be keeping an eye on the U.S. Federal Reserve's next policy meeting.

Live Chat
Live Chat by Comm100