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March 29, 2017

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MOST READ
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Rising KMT star Chiang Wan-an says party in bad need of reform
2
Schools won't be on the hook for adjunct professors pension payments
3
TSMC to supply 100 mil. new chips for Apple
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S. Korea prosecutors seek arrest of ex-President Park for corruption
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Tsai inspects Linkou power plant
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Business
G-20 ministers fail to get Washington on board
Finance ministers from the world's biggest economies on Saturday failed to get the U.S. to renew an anti-protectionist pledge and a vow to fight climate change, in the face of Donald Trump's "America First" push.
 
TSMC still considering plans for 3nm chip production
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip maker, said Monday that its plan to invest in an advanced 3 nanometer process remained under consideration.
 > Taiwan
 
Fake accounts can't be fixed overnight: Wells Fargo
Wells Fargo CEO Tim Sloan said the company could need several more months to resolve customer damage tied to its massive sales practices scandal, such as figuring out if people had trouble getting approved for other loans because of the fake accounts bank employees opened.
 
Profits at Tiffany & Co. slipped 3 percent in the fourth quarter due to flagging U.S. sales, but strong demand in China and Japan pushed the luxury jeweler past Wall Street expectations and its shares rose sharply Friday.
 
Thailand should consider adopting a Japanese model called Hometown Investment Trust Fund (HTITF) to promote small business startups, according to Naoyuki Yoshino, dean of the Asian Development Bank Institute (ADBI).
 
Bucking a trend set by its European peers to divest from coal, the Czech energy group EPH is buying coal-fired power plants across the continent to the dismay of environmentalists lobbying for a phase-out of fossil fuels.
 
Global finance gathering struggles to define trade stance
Financial officials from the world's biggest economies are struggling to define a common stance on trade in the face of the Trump administration's insistence that cross-border commerce must be "fair" as well as "free."
 
Undeterred by the widely reported explosion of several Samsung Galaxy Note 7 smartphones, Taiwan's consumers have demonstrated a preference for the South Korean firm's smartphone models over other brands, making Samsung the largest smartphone vendor in Taiwan in 2016, statistics released by market advisory firm International Data Corp. (IDC) showed on Friday.
 
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