After Taiwan’s general election, Taipei stock exchanges have suffered a double blow recently. Foreign investors have massively oversold Taiwanese stocks and remitted money out of the country.New Taiwan DollarAfter devaluing 1.77 cents against the US dollar yesterday (16th), it continued to weaken today (17th). It fell by more than 1 cent against the US dollar … Read more
10:43 PM Sunday, January 7, 2024 Books – Hassan Morsi:Counselor Muhammad Al-Homsani, spokesman for the Council of Ministers, said that the final form of the Council of Ministers’ economic document enjoys clear participation from experts in all fields, so that the document is implementable in a number of development projects through financial and monetary policy … Read more
As the year comes to a close, the US dollar experiences a negative close, marking its worst performance since 2020. During the last trading session on Friday, December 29, the dollar index (DXY) registered a slight increase of 0.15%, reaching 101,060 units, according to data provided by Investing. This index measures the strength of the … Read more
Reporter Chen Weifan/Reporting from Taipei ▲Zhang Dingxuan said that judging from the international financial situation, housing prices are very likely to usher in a new wave of growth next year. (Picture/Photography by reporter Chen Weifan) After the U.S. Federal Reserve (Fed) announces the possibility of interest rate cuts, what impact will it have on Taiwan’s … Read more
The yen suddenly dropped! The Taiwan dollar rose and fell, temporarily closing at 32.428 yuan at noon (photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]Geopolitical risks are heating up, and the Japanese yen suddenly fell during the Bank of Japan meeting. It once fell below 150 to 1 US dollar. The exchange rate of … Read more
News from the western money and currency markets indicate that the value of the US dollar exchange rate has declined significantly from its highest level against other major currencies in the recent period. The dollar’s historical declines indicate that such a decline has not occurred in nearly a quarter of a century.Western experts specializing in … Read more
Taylor Swift’s highly coveted concerts may be expensive in the United States, but in Argentina, her upcoming shows are about to become world-class bargains. Despite the ongoing economic turmoil in the country, fans of the renowned singer-songwriter are still able to purchase standing-room only tickets closest to the stage for as low as 75,000 pesos, … Read more
On the 25th, the won/dollar exchange rate showed a limited decline in the early trading hours. As of 9:32 a.m. in the Seoul foreign exchange market on this day, the won-to-dollar exchange rate is 1330.8 won, down 4.0 won from the previous day. The exchange rate is moving around 1330 won after opening at 1331.5 … Read more
On the 24th, the won/dollar exchange rate is on the rise in the early trading period. As of 9:05 am in the Seoul foreign exchange market on this day, the won-to-dollar exchange rate is 1330.5 won, up 2.3 won from the previous trading day. After opening at 1332.5 won, up 4.3 won, the exchange rate … Read more
![[백브리핑AI] SK Innovation’s operating profit of 4 trillion ‘highest ever’… Sustained deficit in the battery sector](https://i0.wp.com/www.infostockdaily.co.kr/news/thumbnail/202302/188836_169892_228_v150.jpg?fit=%2C "[백브리핑AI] SK Innovation’s operating profit of 4 trillion ‘highest ever’… Sustained deficit in the battery sector")
[인포스탁데일리=김영택 기자] SK Innovation made an operating profit of nearly 4 trillion won last year. It’s the biggest performance ever. However, the battery sector, which is considered a new future business while receiving full support, failed to turn a profit. SK Innovation achieved annual sales of 78.569 trillion won and operating profit of 3.9989 trillion … Read more