Taiwan may be able to establish RQFII (renminbi qualified foreign institutional investor) mechanism, similar to Hong Kong, thereby facilitating the flowing back of renminbi to mainland China, which is critical for Taiwan to develop into a ...
Tags: Taiwan, RQFII Mechanism
Taipei, Nov. 16, 2012 (CENS)--Chang Sheng-ford, minister of finance, stated yesterday (Nov. 15) that the four major public funds are now under the jurisdiction of different government agencies and score unsatisfactory returns in outsourcing ...
Tags: Chang Sheng ford, public fund, sovereign fund, finance
The Central Bank of China(CBC)reported yesterday(Nov.26)that M1B,money supply in narrower definition,scored 3.57%annual growth rate in October,higher than 3.25%growth rate of M2,money supply in broader definition,forming a so-called"golden ...
Tags: M1B, golden crossing, stock market, money supply
Taipei, Oct. 30, 2012 (CENS)--With the memorandum for cooperation in cross-Taiwan Strait currency clearance having taken effect, domestic banks will be able to inaugurate renminbi-related businesses following the designation of renminbi ...
Tags: CBC, Central Bank of China, People's Bank of China, domestic banks
response to the influx of hot money into Asia following the rollout of the third-round quantitative easing policy(QE3)of the U.S.,the Central Bank of China(CBC)has included 20 U.S.and European investors with frequent funding movement into a ...
Tags: CBC, Speculative Foreign Funds, QE3, hot money
Taipei, Sept. 21, 2012 (CENS)--In view of the inflationary pressure to be brought about by the third-round quantitative easing policy (QE3) of the U.S., the regular meeting of the board of the directors and supervisors of the Central Bank ...
Tags: Cbc, Discount Rate, Inflationary Pressure, NT Dollar
Taipei,Sept.21,2012(CENS)--The Financial Supervisory Commission(FSC)publicized Taiwan-based wealth-management platform program for local people yesterday(Sept.20),which will meet wealth-management demand of local people via five major ...
Tags: FSC, Wealth-Management Platform Program, wealth-management demand
Starting November 1,domestic designated banking units(DBUs)will initiate renminbi-related businesses comprehensively,announced the Financial Supervisory Commission(FSC)yesterday(Sept.19). As a result,local people will be able to deposit ...
Tags: RMB business, DBUs, domestic banks, Taiwan, economic policy
Taipei,Sept.18,2012(CENS)--The Shanghai branch of the Bank of Taiwan was designated yesterday(September 17)as the clearance bank for the NT dollar in mainland China.The Shanghai branch of the Bank of Taiwan is scheduled to start NT-dollar ...
Tags: Bank of Taiwan, clearance bank for Nt dollar, agent bank
Taipei,Sept.17,2012(CENS)--Following the implementation of the third round of quantitative easing policy(QE3)in the U.S.,hot money has been flowing into Taiwan,jacking up the exchange rate of the NT dollar.To avoid wild fluctuation of the ...
Tags: CBC, Hot Money, Forex Operation, Control Measures
Taipei,Sept.13,2012(CENS)--The U.S.Federal Reserve Board will decide whether to roll out third round of quantitative easing policy(QE3)on Friday,prompting hot money to flow into Asia in advance,including Taiwan.As a result,the exchange rate ...
Taipei,Sept.7,2012--In the face of the sluggish economy and rising inflation,the Central Bank of China(CBC)tends to keep the existing low rates,to bolster economic growth,while tightening fund control,to avoid its flow to the realty market ...
Tags: CBC, rising inflation, economy
Taipei,Sept.4,2012--As a further step for foreign exchange liberalization,the Central Bank of China(CBC)is studying the feasibility of expanding the scope of financial institutions for engaging in forex business,a move which may be ...
Tags: foreign exchange, CBC, FSC, forex businesses
Perng Fai-nan, governor of the Central Bank of China (CBC), announced on August 31 that Taiwan and China have signed the memorandum of understanding for cross-Taiwan Strait currency clearance and will select the clearance bank in the next ...
Global Solar Energy Inc of Tucson,AZ,USA,which makes flexible copper indium gallium diselenide(CIGS)thin-film photovoltaic cells and modules,has announced an expansion into Japan's growing solar market,establishing local partnerships and ...
Tags: Global Solar Energy Inc, CIGS thinFilm photovoltaic cells and modules