Trends - Taiwan - Business Recorder

Taiwan

China's Dec LNG imports hit monthly record of over 9mn T

This in turn is leading to spot LNG prices rising to multi-year highs.

Published 31 Dec, 2020 10:27am

World

China says tailed U.S. warship in Taiwan Strait

The U.S. Navy said the guided missile destroyer USS Mustin had conducted “a routine Taiwan Strait transit (on) Dec. 19 in accordance with international law”.
China’s military, in a statement released by its Eastern Theatre Command, said its air and naval forces “tailed and monitored” the vessel throughout.

Published 19 Dec, 2020 04:17pm

World

US Defence Department looks to bolster domestic chip manufacture with new program

The foundries would handle commercial work from US companies and could also provide components to the Defence Department, it said.

Published 18 Dec, 2020 10:15am

Markets

Taiwan central bank says US move to monitor its currency reflects trade surplus

The Taiwan dollar has strengthened more than 6% against the US dollar this year.

Published 17 Dec, 2020 09:52am

World

Taiwan says US has approved key submarine technology sale

The digital sonar system and an integrated combat system are two key components Taiwan needs to build its own modern submarines. Chang did not elaborate on the status of the combat system.

Published 16 Dec, 2020 05:03pm

Business & Finance

Asian countries, Switzerland at risk in US Treasury's currency report

Win Thin, global head of currency strategy at BBH in New York downplayed the report as "totally politicized" under Trump.

Published 16 Dec, 2020 11:55am

Markets

Taiwan's CPC seeks LNG for Jan-Feb after nuclear outage: sources

It is seeking cargoes for delivery in January and February, although details of its exact requirements were not immediately clear.

Published 16 Dec, 2020 09:28am

World

Taiwan sees role as arms supplier for West as launches new warship

The United States is Taiwan's main foreign source of weapons. Most countries shy away from arming the island, wary of angering Beijing and loosing valuable commercial contracts with the world's second-largest economy.

Published 15 Dec, 2020 12:03pm

US arms sales to Taiwan in 2020 total $5bn amid China tensions

Here is a timeline of the weapons packages as notified by the US government to Congress.

Published 08 Dec, 2020 09:15am

Business & Finance

Taiwan November exports up again, boosted by new phones

Last month, Taiwan's statistics agency raised its full-year export growth forecast to 3.84% compared with 2019, from a previous forecast of a 0.1% decline.

Published 07 Dec, 2020 02:12pm

World

Taiwan to protect sovereignty with new submarines amid China tensions

Taiwan, which China claims as its own territory, has been for years working to revamp its submarine force, some of which date back to World War Two, and is no match for China’s fleet, which includes vessels capable of launching nuclear weapons.

Published 24 Nov, 2020 03:06pm

World

Taiwan scrambles fighters as Chinese jets again fly near island

“ROCAF scrambled fighters, and deployed air defence missile system to monitor the activities,” the ministry said in a tweet.

Published 19 Sep, 2020 04:11pm

World

Taiwan calls for global defence against China 'threat'

Wu said a war with China "can be a real possibility if you look at the Chinese way of threatening Taiwan".

Published 16 Sep, 2020 08:31pm

World

Taiwan's opposition KMT cancels China talks

China views democratic and self-ruled Taiwan as its own territory and has vowed to one day seize it -- by force if necessary.

Published 14 Sep, 2020 06:24pm

Markets

Taiwan urges international alliance to safeguard regional stability

Tsai regards Taiwan as a de facto sovereign nation, but has resisted any formal declaration of independence.

Published 08 Sep, 2020 05:49pm

World

Taiwan opens office in breakaway state Somaliland

Somaliland's foreign minister told reporters Monday that an ambassador was "already working" on setting it up.

Published 18 Aug, 2020 01:48am

Markets

US plan for 'highest level' Taiwan visit in decades angers China

Washington remains the leading arms supplier to the island but has historically been cautious in holding official contacts with it.

Published 06 Aug, 2020 02:11am

Markets

Hong Kong demands Taiwan officials sign 'one China' document for visa renewal

The move comes after Taipei criticised a new security law imposed on Hong Kong by Beijing.
The official said the move was unprecedented and presented an "unnecessary political obstacle" for Taipei-Hong Kong ties.

Published 17 Jul, 2020 05:52pm

World

Taiwan fears China 'hostage diplomacy' through HK security law

Tsai has warned of "countermeasures" should the new security law cause any "damage" to Taiwan.

Published 16 Jul, 2020 06:49pm

Gainers
Losers
Leaders

Stock	Price
MetaTech. / Feb 9 MetaTech Health Limited(META)	8.10 ▲ 0.83 (11.42%)
Popular Islamic / Feb 9 Popular Islamic Modaraba(PIM)	9.35 ▲ 0.95 (11.31%)
IGI Life Ins / Feb 9 IGI Life Insurance Limited(IGIL)	9.82 ▲ 0.82 (9.11%)
Abdullah Shah / Feb 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7 ▲ 0.55 (8.53%)
United Insurance / Feb 9 The United Insurance Company(UNIC)	8.30 ▲ 0.63 (8.21%)
AL-Abbas Sugar / Feb 9 Al-Abbas Sugar Mills Limited(AABS)	392.91 ▲ 27.41 (7.50%)
Gatron Ind. / Feb 9 Gatron (Industries) Limited(GATI)	333.25 ▲ 23.25 (7.50%)
Haleon Pakistan / Feb 9 Haleon Pakistan Limited(HALEON)	151.38 ▲ 10.56 (7.50%)
Janana D Mal / Feb 9 Janana De Malucho Textile Mills Limited(JDMT)	49.02 ▲ 3.42 (7.50%)
Citi Pharma Ltd / Feb 9 Citi Pharma Ltd.(CPHL)	27.84 ▲ 1.94 (7.49%)

Stock	Price
Ellcot Spinning / Feb 9 Ellcot Spinning Mills Limited(ELSM)	118.94 ▲ -9.64 (-7.50%)
Suraj Cotton / Feb 9 Suraj Cotton Mills Limited(SURC)	141.39 ▲ -11.46 (-7.50%)
Rupali / Feb 9 Rupali Polyester Limited(RUPL)	27.65 ▲ -2.23 (-7.46%)
Fazal Cloth / Feb 9 Fazal Cloth Mills Limited(FZCM)	172.02 ▲ -11.91 (-6.48%)
AL-Noor Sugar / Feb 9 Al-Noor Sugar Mills Limited(ALNRS)	50.75 ▲ -3.05 (-5.67%)
S.G.Power / Feb 9 S.G. Power Limited(SGPL)	6.55 ▲ -0.33 (-4.80%)
Atlas Ins. Ltd / Feb 9 Atlas Insurance Limited(ATIL)	52.50 ▲ -2.50 (-4.55%)
U.D.L.Modaraba / Feb 9 First UDL Modaraba(FUDLM)	5.70 ▲ -0.26 (-4.36%)
Zahid Jee Textile / Feb 9 Zahidjee Textile Mills Limited(ZAHID)	27.50 ▲ -1.20 (-4.18%)
Premium Textile / Feb 9 Premium Textile Mills Limited(PRET)	501 ▲ -20.01 (-3.84%)

Stock	Volume
WorldCall Telecom / Feb 9 Worldcall Telecom Limited(WTL)	64,461,125 ▼ 0.04
Oil & Gas Dev. / Feb 9 Oil & Gas Development Company Limited(OGDC)	22,259,031 ▼ 1.52
Pak Petroleum / Feb 9 Pakistan Petroleum Limited(PPL)	15,889,192 ▼ 1.35
Lotte Chemical / Feb 9 Lotte Chemical Pakistan Limited(LOTCHEM)	13,157,316 ▼ 0.49
K-Electric Ltd. / Feb 9 K-Electric Limited(KEL)	11,849,779 ▼ 0.04
Maple Leaf Cement / Feb 9 Maple Leaf Cement Factory Limited(MLCF)	11,779,694 ▼ 1.15
Ghani Glo Hol / Feb 9 Ghani Global Holdings Limited(GGL)	10,987,823 ▼ 0.06
Habib Bank / Feb 9 Habib Bank Limited(HBL)	8,611,564 ▼ 2.22
The Searle Co. / Feb 9 The Searle Company Limited(SEARL)	8,431,550 ▼ 1.13
Sui North Gas / Feb 9 Sui Northern Gas Pipelines Limited(SNGP)	8,311,046 ▼ 0.90

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 9	271.25
USD PKR Interbank Buying / Feb 9	269.90
USD to Japanese Yen / Feb 9	131.36
USD to Swiss Franc / Feb 9	0.92
Pound Sterling to USD / Feb 9	1.21
Euro to USD / Feb 9	1.07
UK LIBOR % / Feb 8	4.55

Stock	Volume
S&P 500 / Feb 8	4117.86
Nasdaq / Feb 8	11910.52
FTSE 100 / Feb 8	7885.17
Dow Jones / Feb 8	33949.01
Germany DAX 30 / Feb 8	15412.05
France CAC40 / Feb 8	7119.83
India Sensex / Feb 9	60483.88
Tokyo Nikkei / Feb 9	27515.30
Hang Seng / Feb 9	21356.79

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 8	22235
Gold 10 Grams PKR / Feb 8	169753
Crude Oil USD/Barrel / Feb 9	78.43
Gold Spot USD/Ounce / Feb 9	1879.32
Cotton US¢/pound / Feb 9	85.40

Taiwan

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