Taiwan News
Date: 2015-11-25
By: Central News Agency

Taipei, Nov. 25 (CNA) The Financial Supervisory Commission (FSC) is studying the possibility of relaxing day trading rules to allow investors to conduct such trading of all stocks listed on the local equity market, FSC Chairman Tseng Ming-chung said Wednesday.

Asked about a possible relaxation in day trading rules in a hearing held by the financial committee of the Legislative Yuan, Tseng said that the FSC is evaluating the feasibility of an increase in day trading.

Investors had been allowed to engage in day trading — whether buying first and selling later or selling first and then buying later on the same day — of any of 200 stocks since 2014. Before the change, day trading was allowed only for margin trading or short selling.     [FULL  STORY]

Focus Taiwan
Date: 2015/11/25
By: Han Ting-ting and Christie Chen

Taipei, Nov. 25 (CNA) The Taipei Exchange (TPEx), which promotes over-the-counter trading of securities in Taiwan, signed a memorandum of understanding Wednesday with the Canadian Securities Exchange to help emerging enterprises find more funding.

The agreement was signed by Lee Chi-hsien (李啟賢), president of the TPEx, formerly called the GreTai Securities Market, and Richard Carleton, CEO of the Canadian Securities Exchange.

Helping microenterprises and small- and medium-sized enterprises enter the capital market has become a global trend, Lee said.     [FULL  STORY]

Taiwan News
Date: 2015-11-24
By: Taiwan News, Staff Writer

Investor confidence in Taiwan has rebounded marginally from a record low in the third quarter, but there is still some worry about the country’s economic outlook, according to a report released by JPMorgan Asset Management Taiwan Tuesday.

Taiwan’s investor confidence index rose to 83 in the fourth quarter of the year from a record low of 81.7 in the previous quarter, thanks to improving sentiment toward the performance of the local stock market and the political and investment environment, said Alex Chio, executive director of the company.

A figure above 100 indicates positive sentiment toward the investment environment, while a number below 100 indicates pessimism, according to the company.     [FULL  STORY]

Taipei Times
Date: Nov 25, 2015
By: Stacy Hsu  /  Staff reporter

Amid growing public opposition to the proposed cross-strait trade in goods agreement, Chinese Nationalist Party (KMT) presidential candidate Eric Chu (朱立倫) yesterday said the government should draw up comprehensive compensatory measures before inking a deal with China.

Chu made the remarks during an interview with China TV yesterday morning, in which he criticized the administration of President Ma Ying-jeou’s (馬英九) handling of the controversial cross-strait service trade agreement signed in Shanghai in June 2013.

“When we reflect on the service trade agreement, it was marred by a lack of communication and the government’s ambiguous planning,” said Chu, who took over the KMT chairmanship from Ma in January.     [FULL  STORY]

Taiwan News
Date: 2015-11-23
By: Central News Agency

The face value of the gold reserves held by Taiwan’s central bank has dropped by nearly NT$380 billion (US$11.68 billion) amid falling global gold prices, but the nation’s foreign exchange reserves remain at a record high.

With the U.S. dollar strengthening, the price of gold has fallen to around US$1,076 per ounce in New York, the lowest in six years.

When compared with the peak price of US$1,920 per ounce in September 2011, it means that the value of the gold reserves at the Central Bank of the Republic of China (CBC) has declined by nearly NT$380 billion.

However, Taiwan’s foreign exchange reserves at the end of the October were US$426.774 billion, up US$449 million from September, according to the CBC.     [FULL  STORY]

LONG RUN:The sale, if approved, would bring an end to Carlyle’s involvement in Taiwanese media companies, which began with its purchase of Taiwan Broadband

Taipei Times
Date:  Nov 24, 2015
By: Bloomberg

Carlyle Group LP has agreed to sell control of Eastern Broadcasting Co (EBC, 東森電視) to a US film producer for about US$370 million, allowing the private-equity firm to exit the last of its Taiwanese media investments, a person with knowledge of the matter said.

Carlyle is selling its entire 62 percent stake in a deal valuing the Taiwanese broadcaster at about US$600 million, the person said, asking not to be identified before the transaction is completed.

Dan Mintz, chief executive officer of Los Angeles-based DMG Entertainment, on Sunday said in a statement that he is buying Carlyle’s shares, but did not disclose any terms regarding the deal.     [FULL  STORY]

Taiwan News
Date: 2015-11-21
By: Central News Agency

Taipei, Nov. 21 (CNA) The production value of Taiwan’s manufacturing sector for the third quarter of this year fell to a six-year low at a time when the world’s economy showed signs of slowing with global demand weakening, according to the Ministry of Economic Affairs (MOEA).

The continued weakness of international crude oil prices was also cited as a reason for the local manufacturing sector’s decline in output since local suppliers’ pricing power has been eroded, the MOEA said.

The MOEA said that the production value of the local manufacturing sector for the July-September period fell 15.01 percent from a year earlier to NT$3.16 trillion (US$96.63 billion).     [FULL  STORY]

Focus Taiwan
Date: 2015/11/23

Taipei, Nov. 23 (CNA) Unemployment in Taiwan rose by 0.01 percentage point in October to 3.9 percent, the lowest level for the month in 15 years, according to government figures released Monday.