Pressure on global trade seen into 2020

Global trade might shrink through the end of the year as countries around the world continue to grapple with a manufacturing-led slowdown.An index by...

Indian billionaire mulls selling news media assets

Billionaire Mukesh Ambani is in talks to sell his news media assets to India’s Times Group, as Asia’s richest man plans to unload a...

Singapore’s property glut might curb prices: MAS

An oversupply of apartments threatens to push down Singapore property prices, the city-state’s central bank said.The number of unsold units from new projects doubled...

US$5 billion land sale sets new record for Hong Kong

The Hong Kong government fetched a record HK$42 billion (US$5.37 billion) for a plot of land, a sale coming in at the lower end...

Faster Q3 growth than forecast for economy in US

The US economy grew faster than originally reported in the July to September period and prices remain tame, but amid the unresolved trade dispute...

Japan’s retail sales tumble after tax hike

Japan’s retail sales last month tumbled at their fastest pace in more than four-and-a-half years as a sales tax hike prompted consumers to cut...

More returning investments announced

Taiwanese companies returning to the nation have pledged up to NT$703.4 billion (US$23.06 billion) in investments, the Ministry of Economic Affairs said yesterday, as...

Light plate demand set to boost GLT revenue next year

Strong demand for light guide plates as a result of changes to customers’ keyboard designs would boost its revenue growth next year, Global Lighting...

Top Taipei luxury projects selling out

Taipei’s top luxury home projects are about to sell out following years of inventory corrections and price concessions, a report by the Chinese-language Housing...

PGIM says equities rallies could continue next year

Rallies on the local bourse might extend into the first quarter of next year as the arrival of the 5G era is expected to...

AIDC, China Airlines ink letter of intent

Aerospace Industrial Development Corp (AIDC, 漢翔航空工業) yesterday signed a letter of intent with state-owned China Airlines Ltd (CAL, 中華航空) as it moves to diversify...

Bigger banking rivalries expected next year: FSC

Competition in the banking sector next year is expected to heat up with the launch of virtual banks and consolidation of the electronic payment...

CTBC Financial wins three awards by ‘The Asset’

Well-known international financial magazine The Asset on Friday last week announced the winners of its “The Asset ESG Corporate Awards 2019,” with CTBC Financial...

Singapore expects recovery to take hold next year

Singapore’s economy expanded at a faster-than-expected pace in the third quarter, with the city-state projecting the recovery would take hold next year.The final reading...

Vietnam steps up scrutiny of fraudulent exports to US

Vietnam is intensifying efforts to crack down on Chinese exporters trying to route products through the Southeast Asian nation to bypass higher US tariffs,...

Trump mulling tariff exemptions for Apple

After touring a plant in Austin, Texas, that assembles Apple Inc computers, US President Donald Trump on Wednesday said that he was considering whether...

World Bank’s head says China needs vital reforms

World Bank president David Malpass yesterday urged China to further open up its economy and reduce state subsidies, echoing key demands made by the...

DRAM trend looks healthy through Q1: Micron CEO

Micron Technology Inc chief executive officer Sanjay Mehrotra said he is seeing “healthy” trends for the DRAM industry, which would extend beyond the first...

Froch latest to join list of returning companies

Stainless steel pipe manufacturer Froch Enterprise Co (彰源企業) is to invest more than NT$600 million (US$19.66 million) to set up a new plant in...

Taobao’s impact still limited, PChome chairman says

The launch last month of Taobao Taiwan (淘寶台灣) appears to have had a very limited impact on its Taiwanese peer, PChome Online Inc (網路家庭)...

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