Central bank cuts interest rates by 0.25 percentage points

Mar 19, 2020 admin Market Comments Off on Central bank cuts interest rates by 0.25 percentage points

Taipei, In concert with actions taken by central banks around the world to stimulate the economy, Taiwan's central bank decided to cut its key interest rates by 0.25 percentage points after...

Central bank cuts interest rates by 0.25 percentage points (update)

Mar 19, 2020 admin Market Comments Off on Central bank cuts interest rates by 0.25 percentage points (update)

Taipei, In concert with actions taken by central banks around the world to stimulate the economy, Taiwan's central bank decided to cut its key interest rates by 0.25 percentage points after...

Taiwan shares plunge over 400 points amid worries over economy

Mar 16, 2020 admin Market Comments Off on Taiwan shares plunge over 400 points amid worries over economy

Taipei, Shares in Taiwan took a beating Monday, falling more than 400 points to end below the 10,000 point level, as concerns grow over the likely impact of the novel coronavirus disease COVID-19 on...

Central bank sees downside risks to inflation amid virus scare

Mar 11, 2020 admin Market Comments Off on Central bank sees downside risks to inflation amid virus scare

Taipei, The central bank is expecting downside risks to inflation in Taiwan at a time when the spread of the novel coronavirus disease COVID-19 is impacting global demand and causing plunging crude...

Foreign brokerage cuts Taiex target amid COVID-19 scare

Mar 07, 2020 admin Market Comments Off on Foreign brokerage cuts Taiex target amid COVID-19 scare

Taipei, March 7 (CNA) A U.S. brokerage has cut a target of the benchmark weighted index on the Taiwan Stock Exchange or the Taiex to 12,000 points for this year, citing concerns over the economic...

U.S. dollar up in Taipei trading

Mar 06, 2020 admin Market Comments Off on U.S. dollar up in Taipei trading

Taipei, March 6 (CNA) The U.S. dollar was traded at NT$29.985 at 11 a.m. Friday on the Taipei Foreign Exchange, up NT$0.025 from the previous close.Source: Focus Taiwan News Channel

Taiwan shares plunge on U.S. market volatility

Mar 06, 2020 admin Market Comments Off on Taiwan shares plunge on U.S. market volatility

Taipei, March 6 (CNA) Taiwan shares moved sharply lower Friday morning after the U.S. markets plunged overnight on growing fears over the spread of the novel coronavirus (COVID-19) in the United...

Taiwan shares close down 1.68%

Mar 06, 2020 admin Market Comments Off on Taiwan shares close down 1.68%

Taipei, March 6 (CNA) Taiwan shares closed down 193.01 points, or 1.68 percent, at 11,321.81 Friday on turnover of NT$149.06 billion (US$4.97 billion).Source: Focus Taiwan News Channel

Hon Hai February sales plummet on production disruptions in China

Mar 06, 2020 admin Market Comments Off on Hon Hai February sales plummet on production disruptions in China

Taipei, March 6 (CNA) The sales of Taiwan-based iPhone maker Hon Hai Precision Industry Co. fell more than 40 percent in February from a month earlier, in part due to production disruptions in China...