The Federal Reserve Bank of New York (New York Fed) has completed the sale of the remaining securities in the Maiden Lane III (ML III) portfolio. The apex banking regulator said that it garnered a net gain for the benefit of the public of ...
Tags: New York Fed, remaining securities, Maiden Lane III, finance
The Federal Reserve Bank of New York is all set to dispose more than $7bn in face value of “toxic” securities related to the government bailout of American International Group (AIG). The central bank of the US has planned to ...
Tags: NY Fed, face value, government bailout, insurance, AIG
IDG News Service-News of weak server sales,continuing turmoil at Hewlett-Packard and the ongoing U.S.political impasse over the so-called"fiscal cliff"have not given tech industry watchers much to cheer about this week. Major IT companies ...
Tags: tech industry, HP, server sales, Microsoft, IBM, Intel
Malaysia based CIMB Group is planning to dispose of 51% stake in CIMB Aviva Assurance, the insurance joint venture (JV) formed in collaboration with the UK based underwriter Aviva. Sources familiar with the matter were quoted by Bloomberg ...
Tags: Cimb, insurance joint venture, aforesaid stake, stake
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
The central government-level “task force for augmenting the efficacy of the operation of public funds” resolved yesterday (Nov. 21) requiring the labor pension fund and the labor insurance fund not to clear the positions for ...
Tags: Public Funds, Small-Cap Stocks
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
Sept machinery orders -4.3 pct vs forecast -1.8 pct Govt maintains view on machinery orders Current account surplus -68.7 pct vs forecast -51.9 pct Analysts say economy has been weakening since spring Service sector sentiment index hits ...
Tags: Market View, machinery
Compared with Taiwan’s relatively minor annual growth of 9.4% in machine tool exports in the first half, South Korean machine tool export revenue reached NT$38.3 billion (US$1.31 billion), soaring 30.4% year on year (YoY), primarily ...
Tags: market view, Machine Tool
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
Gold-bullish hedge-fund titan blasts Fed's"unimaginable"QE3 spree Manhattan,New York,United States of America October 25,2012--Hedge-fund manager David Einhorn raised concerns about the U.S.central bank's latest round of stimulus,saying ...
Tags: Gold-bullish, Fed, USA, Hedge-fund
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 ...
(Reuters) - China's economy offered more evidence of a seventh straight quarter of slowing growth on Monday, with an official survey of factory managers remaining in contractionary territory for a second successive month despite improving ...
Tags: Market View, Fasteners
Financing for the second phase of the street lighting project on St. Kitts has been handed over to St. Kitts and Nevis' Prime Minister the Rt. Hon. Dr. Denzil L. Douglas by Resident Ambassador of the Republic of China (Taiwan), His ...
Tags: Streetlighting