Taiwan Enjoy Expanded Trade Surplus
by Stewart DouglasTaiwan has increased their international trade surplus over August reflecting growing exports and the ongoing development of the Taiwan economy, according to official figures released today by the government Finance department.
The trade surplus is a considerable economic indicator, linked to currency valuation and economic health in general. The surplus reflects the difference between total [...]
Taiwan Consumer Price Index Grows Beyond Expectations, Reflecting Upturn In Inflation
by Stewart DouglasThe Taiwan annual consumer price index, or CPI, grew beyond the rate of analyst predictions over August, according to official figures released today.
The figures released by the Directorate General of Budget, Accounting and Statistics showed an increase in the CPI of 1.59% over the course of August. Despite last month’s drop in CPI of [...]
Taiwan Inflation Falls Over July On Last Year
by Stewart DouglasThe rate of inflation in Taiwan has fallen over the month of July as compared to the year on July last year, according to economic figures released today.
The figures, released by the National Statistics Office today through Consumer Price Index figures, showed a drop in inflation by an estimated 0.24%, in contrast to last month’s [...]
Singapore Second Best Performing Economy In Asia-Pacific
by Stewart DouglasSingapore has surprisingly been announced as the second best performing economy in what is known as the Asia-Pacific region, a survey released today revealed.
The study, conducted by the Asian Development Bank held Singapore in second place behind Brunei in terms of economy size within the region, despite ranking it in third place behind Taiwan and [...]
Hang Seng hits new record high
by Elaine FreiAsian equities markets were up to begin the year. With Tokyo, Bangkok, and Singapore still closed for holidays, the Taipei market found its highest close since August 2000, while Hong Kong, Jakarta, and Sydney all hitting new all-time highs during the Tuesday session.
In Taipei, technology stocks headed higher after the Taiwan government said on Friday [...]
Equities markets down in most of Asia
by Brian TurnerMost Asian equities markets saw substantial losses on Thursday. The exception was Manila’s composite index, which added 1.3 percent to 2,261.57.
The Shanghai composite index in China, by contrast, dropped 4.8 percent to 1,655.8 on the news that China’s largest bank, Industrial & Commercial Bank of China, and Daqin Railways both plan to float initial [...]
Corporate earnings worry Asian investors
by Brian TurnerThe train bombings in Mumbai seemed not to have had much effect on Indian equities markets, at least in the short term, after the nation’s finance minister said that the bombings would not harm the economy there. The BSE Sensex index was up 3 percent Wednesday to 10,930.09.
Elsewhere in Asia, however, some equities markets [...]
South Korea and Taiwan equity markets seek status upgrade
by Brian TurnerThe FTSE said on Wednesday that South Korea and Taiwan will not be upgraded to developed market status until at least 2007. This is not expected to have much impact on the two nations’ equities markets, it will delay the time when longer-term redistribution of some global fund flows could begin.
The upgrade [...]
China revaluation benefits Asian currencies
by Brian TurnerAs predicted, China’s revaluation of its currency has benefited other Asian currencies, at least temporarily.
While analysts say that the currencies, some of which rose sharply after Beijing’s announcement on Thursday, will continue to rise for several weeks, so called “hot money” that has been flowing into Asia betting on a revaluation could begin [...]


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