Dollar bid to spur exports: Central-Bank shift gives currency room to fall

Article Abstract:

The Taiwan Central Bank is allowing the New Taiwan dollar to depreciate against the US dollar in order to boost exports. The central bank can afford such a move because inflation rate is hovering at its lowest level since 1989. The weakening of the New Taiwan dollar is also due to market forces, including the ban on Taiwanese exports to Japan in March 1997 that resulted in a monthly deficit of $150 million in exports. Political jitters are also boosting demand for the US dollar, which is considered a safer investment.

Administration of General Economic Programs, Currency Stabilization Programs, Financial Regulation & Reporting, Management, Prices and rates, Monetary policy, Currency stabilization, Central Bank of China, Financial disclosure, Dollar (Taiwan)

---

How to look for fundamental soundness in Asian banks

Article Abstract:

Business analysts have come out with determinants preceding a financial crisis. These determinants may help investors, especially those dealing with Asian banks, to protect their interest. Investors have to guard against a high and escalating loan-to-deposit, foreign debts-to-total bank deposit ratios, money multiplier and a declining trade deficit of developing countries. The technique has been proven in Thailand and South Korea while the Philippines is seen to be a likely victim.

Commercial Banks, Commercial Banking, Investor Protection & Disclosure, Column, Asia, Disclosure (Securities law), Investor relations, Deficit financing, Deficit spending

---

Markets in Taiwan slump on tensions and political moves

Article Abstract:

Rumors of Chinese military maneuvers has caused panic selling in Taiwan's stock market. The market, which experienced its biggest one-day decline in nine years in Jul 1999, was also influenced by news of the entry of Mr. James Soong into the nation's presidential election in Mar 2000. Soong, a popular politician who intends to run as an independent, is perceived as the biggest threat to the continued dominance of Taiwan's ruling Nationalist Party.

Taiwan, Securities and Commodity Exchanges, Sales, profits & dividends, Securities Exchanges, Analysis, Stock-exchange, Stock exchanges, Exchanges, Financial markets

Similar abstracts:

• Abstracts: Cardinality and the Borda score. A general model for deriving preference structures from data. On the properly efficient points of nonconvex sets
• Abstracts: Playing the percentages. Boom time is back. Going hostile can cost you less
• Abstracts: Choosing regulatory options when environmental costs are uncertain. On the impact of infrequent trading on the APT systematic risk components - evidence from a thin security market
• Abstracts: Return to vendor. Creating more value in a competitive market. Sowing the seeds of growth
• Abstracts: Malaysia raises capital requirements to push mergers: central bank also says monetary policy is unchanged as it reports rise in nonperforming loans

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.