Trends - Taiwan - Business Recorder

Taiwan

Taiwan invited to US inauguration for first time since 1979

The ruling Democratic Progress Party described it as "a new breakthrough in 42 years".

Published 21 Jan, 2021 09:30am

Business & Finance

Taiwan Dec export orders seen climbing for 10th straight month

The median forecast from the poll of 13 economists was for export orders to rise 27% from a year-ago period. Forecasts ranged from a growth of 9.5% to as high as 36%.

Published 18 Jan, 2021 11:25am

World

China reports 109 new COVID-19 cases as infections persist in northeast

The total number of confirmed COVID-19 cases in mainland China is 89,336, while the death toll remained unchanged at 4,635.

Published 18 Jan, 2021 10:40am

World

US envoy chides China in talk with Taiwan leader

China's authoritarian leadership views Taiwan as its own territory and has vowed to seize it one day.

Published 14 Jan, 2021 05:19pm

World

U.S. cancels U.N. envoy's trip to Taiwan, citing Biden transition

The U.S. State Department’s cancellation of all travel this week includes a planned visit to Taiwan by U.S. Ambassador to the United Nations Kelly Craft, a State Department spokeswoman said on Tuesday.
Secretary of State Mike Pompeo said on Tuesday that all travel this week had been canceled, including his own trip to Europe, as part of the transition to the incoming Biden administration.

Published 13 Jan, 2021 03:22pm

World

Taiwan reports two new domestically transmitted COVID-19 cases

Until last month's domestic transmission the island had not reported any local cases since April 12.

Published 12 Jan, 2021 11:32am

World

China threatens 'counterstrike' over US contact with Taiwan

Beijing says Taiwan is an inviolable part of China to be reclaimed, by force if necessary.

Published 11 Jan, 2021 05:41pm

Markets

Taiwan starts receiving LNG from Cheniere, to get 30 shipments annually

The United States has become a major LNG exporter, mostly due to the ramp up of Cheniere's Sabine Pass terminal in Louisiana.

Published 10 Jan, 2021 01:33pm

World

Beijing says Washington to pay 'heavy price' if UN ambassador goes to Taiwan

"The United States will pay a heavy price for its wrong action," a statement from the Chinese mission to the UN said.

Published 08 Jan, 2021 10:42am

World

China says it will respond to planned Taiwan, U.S. defense talks

China said on Wednesday it would make a “necessary response” to a planned military dialogue between the United States and Chinese-claimed Taiwan, saying it firmly opposed the event.
Democratic Taiwan, claimed by China as its sovereign territory, has come under increasing pressure from Beijing, which has ramped up military activity near the island.

Published 06 Jan, 2021 05:01pm

World

Taiwan says Chinese jets made record 380 incursions in 2020

Chinese jets also crossed over the so-called "median line" of the Taiwan Strait during two high-level visits by US officials.

Published 05 Jan, 2021 05:45pm

Markets

Taiwan Dec exports seen climbing for sixth month in row

Product launches by vendors such as Apple ahead of the year-end shopping season also likely helped fuel the demand.

Published 05 Jan, 2021 09:08am

World

In New Year's speech, Taiwan president again reaches out to China

While there was no direct response from Beijing, Liu Jieyi, the head of China's Taiwan Affairs Office, said in his new year's message they would stand by the "one China" principle.

Updated 01 Jan, 2021 12:29pm

World

US warships transit Taiwan Strait, China denounces 'provocation'

China's military said it had tailed the last US warship to pass through the Taiwan Strait on Dec. 19, and denounced the mission.

Published 31 Dec, 2020 11:10am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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