Stock Market / Finance in Taiwan Area
-
CHINA, 2016/01/26
Asian stock markets retreated on Tuesday, snapping a two-day winning streak, following the weak cues overnight from Wall Street and the pullback in oil prices. Investors as well treaded cautiously ahead of monetary policy statements by the U.S. Federal Reserve and the Bank of Japan later in the week.
The Japanese market is notably lower, with the negative lead from Wall Street and the fall in oil prices denting risk appetite. Additionally, a stronger yen hurt exporters' stocks.
In late-morning trades, the benchmark Nikkei 225 Index is declining 319.08 points or 1.86 % to 16,791.83, off a low of 16,683.64 in early trades.
-
TAIWAN AREA, 2015/05/03
Taiwan stocks fell on Friday ahead amid worries about increase, particularly in its all-significant tech businesses. However, shares are likely to recover and continue a rally that has added 14% to the major index of the Taiwan Stock Exchange in the completed year, according to a statement last week by Nomura Securities. The index lost 33.78 points to 9,820.05 on Friday.
The index has been gaining in part on the performance of semiconductor and other tech shares that are benefiting from ties to Apple and spread of the Internet additional deeply into daily lives through connected appliances and other devices. Taiwan tech companies that have performed well include Taiwan Semiconductor Manufacturing, the chipmaker led by former Forbes Asia Businessman of the Year Morris Chang, whose shares have gained a quarter in the completed year.
-
TAIWAN AREA, 2013/08/11
A higher-than expected interest rate garnered in the new auction of negotiable certificates of deposit (NCDs) by the central bank showed market hopes that local interest rates will gradually increase, market analysts said yesterday.
The weighted average interest rate in the auction held Friday to sell NT$10 billion (US$334 million) hit 0.78 %, higher than a previous market estimate of 0.70 % to 0.72 %.
The average interest rate in the NCD auction was as well higher than a 0.716 % interest rate in an auction of two-year government bonds by the central bank on behalf of the Ministry of Finance last month.
-
CHINA, 2013/03/19
The Taiwanese government is continuing talks with its Chinese counterpart to reach an agreement on currency swap, in order to strengthen the onshore liquidity of the yuan, Taiwan central bank governor Perng Fai-nan said Monday. The policymaker, meanwhile, noted that the central bank is not trying to weaken the Taiwanese dollar intentionally. Once the currency-swap agreement is signed, yuan will be included as part of the foreign currency reserve.
-
TAIWAN AREA, 2013/03/12
Led by gains in the financial sector, shares in Taiwan rose to their highest level in nearly a year Monday formerly finishing a quarter of a % higher. The weighted index opened at 8,021.88 and closed up 23.58 points, or 0.29 %, at 8,038.72, next moving between 8,089.21 and 8,001.85. Turnover was NT$94.03 billion (US$3.17 billion).
