Stock market set for wild week
VOLATILITY:
In a report, Allianz Dresdner said China's anti-secession law would contribute to uncertainty in the market, but it was bullish on longer-term prospects
By Amber Chung The nation's stock market is expected to become more volatile this week, due to foreign exchange fluctuations, rising crude oil prices and political concerns brought on by China's preparation to pass its "anti-secession" law, according to Allianz Dresdner Asset Management Group's Taiwan branch.
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Magic bean-maker Chen fills demand for blessings
CANNED LOVE:
A love of plants propelled Chen Zhen-che into the canned bean plant business; however, the counterfeiters have been forcing him to stay competitive
By Kevin Chen The 34-year-old Chen Zhen-che (陳振哲) is the brains behind the hot-selling "Magic Bean" canned plants that Japanese toymaker Takara Co marketed last month to capitalize on the selling frenzy of Valentine's Day in Japan.
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Taiwanese to take center stage at trade show
EUROPEAN PUSH:
The nation will have 777 exhibitors at the trade show in Germany, with the likes of Asustek, Acer and BenQ hoping to raise their profile on the continent
CeBIT, the world's biggest high-tech and computer trade show, has attracted more Taiwanese participants this year with more corporate executives set to personally take part in the event.
[ FULL STORY ]
China faces uphill battle in trying to cool down economy
RUNAWAY GROWTH:
Analysts dismissed Wen Jiabao's claim that the government could limit growth to 8 percent from last year's 9.5 percent
China's central government is facing a tough battle with the provinces to slow its overheating economy, with trillions of US dollars of investment projects already underway or in the pipeline, analysts said yesterday.
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Cold has caused NT$699 million in agricultural losses
The twin impact of cold weather and continued rain since the middle of last month are estimated to have caused NT$699 million worth of damage in the agricultural sector, the Council of Agriculture said in a statement yesterday.
[ FULL STORY ]
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