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Taiwan’s Central Bank cautions against ETF investment craze
The Central Bank of the Republic of China’s Governor warns of excessive subscriptions for two new ETFs in Taiwan, prompting regulatory caution and policy measures from the Financial Supervisory Commission. Concerns over herding effects and risks in collective investments lead to calls for suppressive measures and improved disclosure standards. Stay updated on the evolving ETF investment fervor in Taiwan’s financial markets.2024/03/15 14:47 -
Chao blasts DPP for ’chaos’ in Taiwan’s governance
KMT vice presidential candidate Chao Shao-kang criticizes the DPP’s absolute control of Taiwan’s governance, blaming it for causing chaos in the nation. Chao highlights the DPP’s warnings that a KMT majority would undermine checks and balances, leaving Taiwan "hollowed out". He argues that the DPP’s eight years in power have resulted in a financial deficit, increased cross-strait tensions, and the loss of nine diplomatic allies. Chao also points to a 19-month decline in export markets, exacerbating wealth inequality and housing issues. He attributes these outcomes to the DPP’s dominance from the presidency to the legislature, arguing that local governments focus on infrastructure projects unrelated to Taiwan’s political influence.2023/12/11 20:22 -
McDonald’s to open 10,000 new outlets by 2027
McDonald’s plans to open 10,000 new restaurants by the end of 2027, aiming to attract 100 million additional members. This expansion includes 900 new outlets in the U.S., 1,900 in International Operated Markets (IOM), and around 7,000 in International Developmental Licensed (IDL) markets. The company expects its membership to increase from 150 million to 250 million, driven by the success of its "MyMcDonald’s Rewards" program, which generated over US$20 billion in sales last year. Currently, McDonald’s operates 41,198 restaurants worldwide, according to its latest quarterly financial report.2023/12/07 14:07 -
Average Taiwanese net worth hits record high: Allianz report
ranking it 5th worldwide in per capita net financial assets. With an average net worth of NT$4.8 million per Taiwanese citizen, this historic high demonstrates significant economic growth. Explore how the pandemic elevated Taiwan’s wealth and savings rates compared to other nations.2023/10/26 17:08