TAIWAN: WEEK IN REVIEW, 02Jun2013

PSL tax reading delayed; Apple switches to Pegatron; HTC pulls another product; MOEA internet gestapo; 2 new iPhones?; Premier Jiang’s goodie bag; You haven’t bought a property yet?; Here’s what you missed this week.
property construction taiwan
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TAIWAN: BEFORE THE OPEN, 30May2013

Taiwan backsliding on global competitiveness; Philippine Coast Guard didn’t ram; MediaTek has a new chip; Credit card relief; PCs getting Kodac’d; Here’s what you need to know pre open.
horse and plow
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Taiwan lawmaker proposes credit card relief

credit card

Lai Shyh-bao wants to reduce the interest rate cap from 20% to 12%. The FSC is against the proposal.

UDN

HONG KONG: WEEK IN REVIEW, 18May2013

Timmy tong faces the spotlights; Housing prices to dump 20%; Alcohol, women and rape; CY Leung’s popularity in the toilet; The duck is under maintenance. Here’s what happened this week.
deflated yellow duck
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HK consumers credit card usage dropped 2.9% in Q1

credit card

So goes credit, so goes the economy. Keep those mainlanders coming.

HKMA

KOREA: BEFORE THE OPEN, 14May2013

Low income earners worse off after rate cut? Galaxy S4 is Samsung’s fastest selling smartphone. Forget banks, Korea’s super rich opt for alternative investments. FSS takes aim at credit cards and the FTC targets June Chaebol reform. Here’s what you need to know!

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FSS to ban card firms from charging ‘too high’ interest

Borrowers of loans from credit card firms will be able to ask them to lower interest rates beginning July, the Financial Supervisory Service (FSS) said Monday. Read More, The Korea Times

Debt deadbeats on the rise in S Korea

korean credit card

From Yonhap News:

The number of debtors who have borrowed money from more than three financial institutions hiked to 1.3 million as of the end of December, compared with 877,000 in June 2010, according to the latest report by the Bank of Korea (BOK) submitted to the parliament.

KOREA: CLOSING WRAP, 26Apr2013

galaxy s4

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CHINA: BEFORE THE OPEN, 24Apr2013

baidu

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