A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS CPC, Qatar Petroleum Sign LNG Deal On July 7, Taiwan’s state-owned petroleum company CPC and Qatar Petroleum signed a Sales and Purchase Agreement for Liquefied Natural Gas (LNG). Under the agreement, the CPC will purchase 1.25 million tons…
As the U.S.-China trade war continues, an air of uncertainty hangs over the global financial-services sector. The precariousness of the situation caused stock markets to perform very poorly last year. The Dow Jones Industrial Average’s annual return for 2018 was -5.63%, while the S&P 500 returned -6.24%, the first decline for the two indexes after…
For years, the securities and futures markets in Taiwan were the world’s only major bourses with Saturday trading – and not every Saturday at that. Several times a year when a public holiday falls on a Tuesday or Thursday, workers and students in Taiwan receive an additional day off (on that Monday or Friday, respectively)…
Healthy capital markets are vital to the functioning of an economy, generating both short-term economic output and long-term growth. As industry leaders look toward Taiwan’s financial future, they should strive to develop fair, open and efficient capital markets to sharpen Taiwan’s global competitive edge. In the recently published 2017 Taiwan White Paper, the Capital Markets…
