Home / Business

Local investors’ exposure to ASEAN markets grows

Taiwanese financial holding companies’ exposure to ASEAN has grown by more than NT$100 billion (US$3.3 billion) since June last year, according to statistics released on Saturday by the Financial Supervisory Commission. The increase was mainly caused by rising lending by banks and large investments byFULL STORY

‘Smart’ container house promotes ‘greener’ lifestyle

The creators of a “smart” container house that has appeared on the bustling streets of downtown Taipei hope to promote a lifestyle that brings people closer to nature and yet retains the comfort and convenience of modern life. The house, built from a shipping container thatFULL STORY

INTERVIEW: Caesar Park aims to revive Taipei’s old western area

Taipei Times (TT): A new hotel opened every two days in the first half of this year, while occupancy and room rates declined. Is it a good time to launch the new hotel, especially in Taipei’s old community of Wanhua District (萬華)? Gary Pi (皮金營): OurFULL STORY

Fuel prices inch lower as oil market turns bearish

State-owned CPC Corp, Taiwan (CPC, 台灣中油) yesterday announced that it is lowering its domestic gasoline and diesel prices by NT$0.3 per liter today. SUPPLY GLUT The refiner said the average cost of its crude oil fell to US$49.73 per barrel this week from US$51.19 a week earlier,FULL STORY

Hon Hai, Samsung back rapid file transfer technology

Keyssa, a start-up backed by Tony Fadell, one of the fathers of Apple’s iPod, announced it is working with Samsung Electronics Co Ltd, Hon Hai Precision Industry Co (鴻海精密) and others on a new way for mobile phones to transfer large amounts of data withoutFULL STORY

US solar eclipse is first major test of renewables

As today’s total solar eclipse sweeps from Oregon to South Carolina, US electric power and grid operators will be glued to their monitoring systems in what for them represents the biggest test of the renewable energy era. Utilities and grid operators have been planning for theFULL STORY

ANALYSIS: Power policy needs work

By Lauly Li

The nationwide blackout on Tuesday last week and the first power rationing since 2002 led former minister of economic affairs Lee Chih-kung (李世光) to step down after 15 months. Former CPC Corp, Taiwan (CPC, 台灣中油) chairman Derek Chen (陳金德) on Friday followed suit, citing his responsibilityFULL STORY

Nestle water faces US court challenge

Nestle SA’s Poland Spring Water unit has duped US consumers into paying premium prices for ordinary ground water that is pumped from some of Maine’s most populated areas, rather than from natural springs as the company advertises, according to a lawsuit. While Poland Springs says itsFULL STORY

Google to help publishers boost online earnings

Alphabet Inc’s Google is developing new tools designed to boost subscriptions for news publishers. It follows a similar olive branch from Facebook Inc to an industry that has seen the digital behemoths take over the online advertising market. Google’s latest foray arrives on three fronts. TheFULL STORY

India drafts massive defense orders

India has drawn up a shopping list for tens of billions of US dollars of foreign fighter jets, armored vehicles, submarines and helicopters, but it will only sign the checks if they are made in India. The world’s largest defense importer has announced a new policyFULL STORY

Qatar asks banks to secure credit from foreign lenders

Qatar is telling its banks to tap international investors to raise financing, instead of mainly relying on government funding, people familiar with the matter said, as the impact of the ongoing Saudi-led boycott puts pressure on liquidity. COMMUNICATION The Qatar Central Bank is holding regular meetings withFULL STORY

US vague on new content requirements for vehicles

In the opening session of talks for the North American Free Trade Agreement (NAFTA), the US did not give precise details of how much it wanted to boost North American content for automobiles, a source directly familiar with the negotiations said on Saturday. US Trade RepresentativeFULL STORY

World Business Quick Take

SOFTWARE Infosys approves repurchase Infosys Ltd has approved a 130 billion rupees (US$2 billion) share repurchase to improve returns for stakeholders of the Indian software exporter a day after chief executive officer Vishal Sikka quit amid heightened tensions between the board and founders led by ex-chairman N.R.FULL STORY

More :
Date Range : Past 7 Days Custom Date Range
TOP top