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Thursday, May 21, 2015
Rights group: Qatar making little progress on labor reforms
Amnesty International said Thursday that Qatar is failing to deliver on reforms for its migrant workers a year after the wealthy Gulf nation announced plans to improve conditions for low-paid laborers building its highways, hotels, stadiums and skyscrapers.
Taiwan -- Taipei City halts work on Dome
The Taipei City Government yesterday ordered Farglory Group (遠雄集團) to halt construction on the Taipei Dome (臺北大巨蛋) project immediately.
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The government may call off phase-two water rationing in Northern Taiwan this week after heavy rains fell into the Shihmen Reservoir (石門水庫).
Taiwan -- Central Taiwan most affected by plum rain front: CWB
Central Taiwan had recorded the most significant rainfall as of early Wednesday afternoon, thanks to a strong plum rain front currently affecting the country, according to the Central Weather Bureau (CWB).
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U.S. and British regulators fined six major global banks nearly US$6 billion Thursday for rigging the foreign exchange market and Libor interest rates.
US, UK fine 6 top banks nearly US$6 bil. for forex, Libor abuses
North Korea ramped up its nuclear threats on Wednesday, boasting of its ability to deliver miniaturized warheads on high-precision long range rockets, in a clear warning to the United States.
 > Korea
Wednesday, May 20, 2015
Indonesia, Malaysia to help Muslim migrants stranded at sea
Indonesia and Malaysia agreed Wednesday to provide temporary shelter to thousands of migrants stranded at sea, the first breakthrough in the humanitarian crisis confronting Southeast Asia after weeks of reluctance by the region's nations to take responsibility.
Japan economy picks up pace in wobbly recovery
Japan's economy grew more than expected in the first three months of the year, data showed Wednesday, as it crawls back from a brief recession, but observers cautioned that a strong recovery may still be some way off.
 > Asia
 > Japan
UN chief says North Korea cancels invitation to visit
U.N. Secretary-General Ban Ki-moon said Wednesday that North Korea had cancelled an invitation for him to visit a factory park in the country that represents the last major cooperation project between the rival Koreas.
 > Korea
The government may soon raise the water price for the Sixth Naphtha Refinery (六輕) owned by Formosa Plastics Group (FPG, 台塑) in the midst of a controversy that the plant has been enjoying excessively low prices.
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Taiwan -- Industrial users may face water price hike
The Taiwan Think Tank (台灣智庫), a nonprofit organization that publishes opinion polls in Taiwan, announced the results of the current presidential election opinion poll for 2016 yesterday, which showed Democratic Progressive Party (DPP) Chairwoman Tsai Ing-wen (蔡英文) in the lead against all of the current or potential Kuomintang (KMT) candidates.
U.S. homebuilders ramped up construction in April to the fastest pace in nearly seven-and-a-half years, hinting at newfound momentum for an economy that has struggled in recent months.
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