Perng Fai-nan, governor of the Central Bank of China (CBC), confirmed for the first time yesterday (Dec. 12) that due to the need of deployment, a certain sovereign wealth fund from the Middle East has invested in Taiwan’s stock ...
Tags: CBC, sovereign wealth fund, Middle East, stock market
Taipei,Oct.8,2012(CENS)--While remaining profitable in August and September,most of Taiwana's machine tool makers are worried that continued appreciation of the New Taiwan dollar against the U.S.dollar would erode their profit into the ...
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
Taipei,Oct.12,2012--Taiwan's foreign exchange reserves increased US$3.728 billion from a month earlier to US$397.954 billion at the end of September,remaining the world's fourth largest holder of forex reserves,according to the central ...
Taipei,Oct.4,2012(CENS)--Requested by their compatriot machine-tool makers,Taiwan's component suppliers have agreed to reduce prices of their products by 3%to 15%to help the machine makers ease upward cost pressure caused by the ...
Tags: Taipei, machine-tool makers, industrial equipment&components, trim price
NT dollar has yet to see significant impact from QE3,says Taiwan central bank governor Bryan Chuang,Taipei;Jackie Chang,DIGITIMES[Friday 28 September 2012]When the US Federal Reserve unveiled the third round of quantitative easing(QE3),the ...
Tags: Taiwan, NT dollar, sharp, currency exchange rate, central bank
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.24,2012(CENS)--Many Taiwanese machine-tool makers scored fatter earnings in the second quarter than the first quarter this year partly thanks to the depreciation of the New Taiwan Dollar against the U.S.dollar. In the ...
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.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.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 ...
Lextar Electronics Corp. ("Lextar" or the "Company) (TAIEX: 3698) announced its results for the second quarter of 2012. The Company reported consolidated revenue of NT$ 2,611 million, up 19% from the previous quarter and near 10% of YoY ...
Tags: Taiwan, LED, Lextar, financial results