Wednesday, December 2, 2015   

Taiwan's central banker gets fourth term
(02-25 15:42)

Taiwan's President Ma Ying-jeou has reappointed the island's central bank governor -- Asia's longest-serving central banker -- for a fourth five-year term, officials said Monday.
Perng Fai-nan, nicknamed "foreign currency killer'' for his efficient tactics against hot-money flows and financial speculators, will start his new term Tuesday, according to an order issued by Ma Saturday, AFP reports.
The appointment makes the 74-year-old the longest-serving central banker in Asia and, according to local media, the world.
Perng has been widely credited with guiding the island through the regional and global financial crises of the past 15 years.
Global Finance, a New York-based magazine, in 2012 gave Perng its top "A'' rating along with only five other central bankers globally.
Perng is the only central bank governor to have received the honour nine times from the magazine.
Other Business breaking news:
Mark Zuckerberg and Priscilla Chan welcome baby and celebrate with a lifetime US$45b giveaway (15 mins ago)
Eurozone jobless ranks shrink to new low (12-01 19:16)
Bailout fund plugs 2.7b euro shortfall at Greek bank (12-01 18:37)
Chinese consortium plows US$400m into Man City (12-01 18:32)
Hang Seng, Shanghai stocks close higher (12-01 17:23)
Financial markets await Draghi’s holiday season surprise (12-01 17:19)
Coca-Cola funded controversial anti-obesity group winds up (12-01 14:14)
Amazon says drones will deliver 5 pound packages (12-01 14:10)
Australia keeps rates at 2pc (12-01 14:07)
Samsung shoves aside mobile unit boss Shin Jong Kyun (12-01 14:04)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.