Edition:
United Kingdom

Liang-sa Loh

Taiwan central bank holds fire on rates, cuts growth outlook again

18 Jun 2020

TAIPEI Taiwan's central bank unexpectedly left its policy rate unchanged on Thursday but further reduced its growth forecast for 2020, as the coronavirus pandemic threatens to deal a further blow to the trade-reliant economy.

Taiwan cautious on trade outlook as May exports fall again

08 Jun 2020

TAIPEI Taiwan's exports in May fell for a third straight month but at a slower pace than expected, with the government "cautious" about the outlook due to the impact of the coronavirus pandemic on global demand and U.S.-China frictions.

UPDATE 1-Taiwan c.bank says still room for further interest rate cuts

14 May 2020

* Will consider global c.bank actions, Taiwan's virus situation

U.S. Treasury currency report on trade partners delayed, Taiwan central bank sources say

27 Apr 2020

TAIPEI The U.S. Treasury's latest semi-annual report on trade practices of its major trading partners which was due this month has been delayed due to the coronavirus pandemic, two sources with direct knowledge at Taiwan's central bank told Reuters.

Taiwan sees room for more rate cuts as coronavirus impact deepens, may up SME funding

30 Mar 2020

TAIPEI There is room for more interest rate cuts in Taiwan, but they will not be reduced to zero or into negative territory, and the government will offer more funds for small- and medium-sized companies if needed, its central bank said on Monday.

UPDATE 1-Taiwan Feb export orders drop as virus threatens to hit demand

20 Mar 2020

TAIPEI, March 20 Taiwan's export orders in February fell for a second month but at a far slower pace, with the government warning the coronavirus outbreak could hit demand for the island's exports pivotal to the global technology supply chain.

UPDATE 2-Taiwan c.bank cuts rate to new low, slashes growth forecast on virus impact

19 Mar 2020

* C.bank to offer $6.6 billion for banks to support SMEs (Adds quotes, details, analyst comments, byline)

Taiwan says no need for 'excessive panic' as market slides

13 Mar 2020

TAIPEI Taiwan President Tsai Ing-wen said on Friday that market fundamentals were sound and there was no need for "excessive panic", after the island's bourse at one point plunged more than 7% amid global alarm over the coronavirus pandemic.

UPDATE 4-Taiwan says no need for 'excessive panic' as market slides

13 Mar 2020

* State-backed banks buy stocks at government request - sources

Taiwan says more stimulus funds available as central bank sees prolonged virus impact

12 Mar 2020

TAIPEI Another $1.33 billion is available to stimulate Taiwan's economy on top of a previous $2 billion package, President Tsai Ing-wen said on Thursday, after the central bank warned the coronavirus epidemic will have a longer impact than previously thought.

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