TAIPEI : A cautious approach and effective monetary and foreign exchange policy has helped Taiwan avoid the need to follow the U.S. and Europe in adopting large-scale quantitative easing measures, Taiwan's central bank said on Tuesday.While Taiwan has followed major economies in raising interest rates to
TAIPEI : A cautious approach and effective monetary and foreign exchange policy has helped Taiwan avoid the need to follow the U.S. and Europe in adopting large-scale quantitative easing measures, Taiwan's central bank said on Tuesday.
At its quarterly board meeting in March, Taiwan's central bank raised its policy rate by 12.5 basis points to 1.875 per cent. The central bank"has not needed to adopt large-scale quantitative easing policies like in Europe and the United States and the bank's assets have not expanded significantly", it added.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taiwan excluded from WHO annual assembly following Chinese oppositionTaiwan failed on Monday in its efforts to gain an invitation to the World Health Organization’s annual assembly. Read more at straitstimes.com.
Read more »
New rules to dampen Chinese interest to list in Europe, say bankersSHANGHAI/SINGAPORE : Chinese companies' plans to raise capital via listings in London or Zurich are in jeopardy after Beijing mandated new disclosure rules, put curbs on the use of the funds and made issuances liable to national security reviews, bankers and lawyers said.A total of 18 Chinese companies ha
Read more »
Taiwan’s WHO exclusion risks ‘terrible impact’, minister says ahead of World Health AssemblyThere have been growing calls to allow Taiwan in as an observer. Read more at straitstimes.com.
Read more »
Asian stocks notch two-week peak as focus turns to PMIsSINGAPORE : Asian stocks crept to two-week highs in cautious trade Tuesday, helped by hints of progress toward avoiding a U.S. default and by resilience in Japan's economy, with industrial sector surveys in Europe and the United States in focus later in the day. MSCI's broadest index of Asia-Pacific sh
Read more »
Quanta Computer to invest $1 billion in northern Mexico, says governorMEXICO CITY : Taiwan-based electronics manufacturer Quanta Computer will invest $1 billion and create 2,500 jobs in the northern Mexican state of Nuevo Leon, Governor Samuel Garcia wrote in a Monday post on Twitter.Speaking from Quanta Computer's Mexican headquarters in the state capital of Monterrey, Gar
Read more »
China complains to G7 host Japan over joint statementBEIJING - China firmly opposes the G7 joint statement out of Hiroshima and has complained to summit organiser Japan, the Chinese foreign ministry said on Saturday (May 20). The ministry said that the G7, disregarding China's concerns, had attacked it and interfered in its internal affairs, including Taiwan, the ministry said in a statement. China has expressed its strong dissatisfaction...
Read more »