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Taiwan's Export Orders Continue Shrinking in May
Jun 23, 2016Taiwan’s overall export orders in May totaled US$33.73 billion, down 5.8 percent year on year (photo courtesy of UDN.com).Taiwan's export orders received in May totaled US$33.73 billion, down 5.8 percent year on year to represent the ...
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Official from the Department of Foreign Investment Administration of the MOFCOM Comments on the Influence of Improving the Quotation of the Middle Exchange Rate of RMB against the U.S. Dollar
Oct 16, 2015People’s Bank of China published the statement on improving the quotation of the middle exchange rate of RMB against the U.S. dollar on August 11. RMB depreciates against US dollars almost 4.6% in 4 days. This is the biased correction ...
Tags: foreign trade situation, rate of RMB against the U.S.dollar
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Yuan Move Is Likely to Deliver Positive Results in Long Term
Aug 18, 2015Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
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Taiwan's Export Orders Received in June Increased by 2.2%
Aug 5, 2015Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...
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The Retailer Offers Unique and Independent Items From Arts and Crafts to Toys
Mar 12, 2014The retailer offers unique and independent items from arts and crafts to toys from across the globe. Online retailer, Loubilou is "well on the way" to becoming the "largest marketplace for independent children's goods on the planet," only ...
Tags: Toys
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People Will Be Faster Than Commonly Expected
Jan 2, 2014The pace of Chinese economic reform would surprise people, and it will be faster than commonly expected, said Blu Putnam, Chief Economist at Chicago Mercantile Exchange (CME) Group, in London. China appears to be choosing to accelerate ...
Tags: Economic Reform
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Bitcoin Scored Several Big Wins This Week
Nov 25, 2013Bitcoin scored several big wins this week, including endorsements from U.S. federal officials and Virgin Group founder Richard Branson, signalling its progress toward wider acceptance. Bitcoin has battled concerns about volatility, ...
Tags: Bitcoin, Bit-Part, Gaining Momentum
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Worst Month on The Stockmarket in a Year Has Taken The Wind out of Investors
Jun 3, 2013The worst month on the stockmarket in a year has taken the wind out of investors, with confidence retreating from highs earlier this year amid increasing concern about the global economy and the endgame for stimulus from central banks. ...
Tags: Stockmarket, May
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Australian Dollar Sluggs It out with Syrian Pound
May 29, 2013The Australian dollar is slugging it out with the Syrian pound for the title of world's worst-performing currency. Once the darling of foreign-exchange traders, the Aussie has been out of favour since April 12. According to National ...
Tags: Syrian pound, Service, dollar
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Rattled Investors Are on High Alert After The Stockmarket Suffered Its Worst Week
May 28, 2013RATTLED investors are on high alert after the stockmarket suffered its worst week in a year and the Australian dollar slid to a 12-month low on fresh concerns about the slowing pace of global economic growth. Capping a wild week for ...
Tags: Sharemarket, Horror Week, Alert
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Australian Dollar Under Pressure as Banks Slash Forecasts
May 28, 2013The Australian dollar remains under pressure as banks slash forecasts and traders increasingly spruik shorting the currency. After a host of investment banks yesterday lowered their predictions for the dollar, HSBC today cut its year-end ...
Tags: Australian, Dollar, Service
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Dollar Slipped During Quiet Asian Trading as Dealers Waited for Testimony
May 24, 2013THE dollar slipped during quiet Asian trading yesterday as dealers waited for testimony by US Federal Reserve chairman Ben Bernanke, due overnight last night. Analysts and traders believe that Mr Bernanke's comments will be critical for ...
Tags: economy
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Stockmarket Was Awash with Fresh Optimism as Greenback-Dominated Stocks Surge
May 14, 2013The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...
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S&P/ASX 200 Closed up 0.2% at 4967.3 Points After Hitting a Six-Week Low of 4927.9
Mar 23, 2013The benchmark S&P/ASX 200 closed up 0.2 per cent at 4967.3 points after hitting a six-week low of 4927.9. Financials and consumer staples lent support, with ANZ, Westpac, NAB, Woolworths and Wesfarmers up 0.8 per cent to 1.5 per cent. ...
Tags: economy
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Reserve Bank's Decision to Keep Rates on Hold
Mar 6, 2013The Reserve Bank's decision yesterday to keep rates on hold for the second month in a row pushed the Australian dollar higher but capped share price gains as traders pared back the likelihood of further interest rate cuts this year. The ...
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