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Wednesday, July 23, 2014
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.
China's Xi eyes increased investment in Cuba
Chinese President Xi Jinping is visiting Cuba with hopes of expanding political and economic ties in the fellow communist nation.
 > China
ROCCOC chairman aims for local housing prices to be set by market
Lai Cheng-yi (賴正鎰), chairman of the General Chamber of Commerce of the R.O.C. (ROCCOC, 商總), yesterday urged the government to allow Taiwan's housing prices to be determined by the mechanisms of the free market and cease suppressive policies designed to curb rampantly rising prices, at a conference event yesterday in Taipei.
 > Taiwan
According to Vietnamese media, Formosa Plastics Group (台塑) will be compensated US$2.397 million in total for its losses incurred during anti-Chinese unrest in Vietnam, US$952,000 of which will be shouldered by insurance companies, while the government will give compensation of US$1.445 million.
A Wall Street Journal report yesterday stated that Apple's upcoming iPhone 6 handset will see unprecedented shipping volumes to reach between 70 million and 80 million units before the end of this year, vastly exceeding the company's earlier handsets.
The Swiss and Chinese central banks signed a currency swap agreement in Beijing on Monday, marking an important step in the development of a market for yuan in Switzerland, the Swiss central bank BNS said.
 > China
Facebook on Monday began letting people squirrel away online tidbits such as links to chew on more thoroughly later.
Local dynamic random access memory (DRAM) stocks moved higher Tuesday morning, outperforming the broader market, on a significant increase in product prices over the past month and hopes the trend will continue in the third quarter, dealers said.
Taiwanese smartphone maker HTC Corp. (宏達電) said Monday it plans to roll out lower-end phones in Taiwan that support the fourth-generation Long-Term Evolution (4G LTE) network.
Taiwanese smartphone maker HTC Corp. (宏達電) declined to confirm or deny Tuesday a foreign media report that it is working on two more tablet computers in addition to its anticipated 9-inch premium device in cooperation with Google Inc.
  
  
  
  
  
  
  
  
  
  
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