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Thursday, October 16, 2014
Siemens, NTUB agree on greater cooperation
Siemens Taiwan and the National Taipei University of Business (NTUB,國立台北商業大學) on Wednesday signed an agreement for industry-education cooperation, elevating the international competitiveness of NTUB students and staff.
 > Taiwan
Foreign institutional investors register net fund input over past two sessions
Foreign institutional investors brought more funds into Taiwan than they remitted out during the past two days, reversing a recent trend, Financial Supervisory Commission (FSC,金融監督管理委員會) Chairman Tseng Ming-chung (曾銘宗) said Wednesday.
 > Taiwan
China Airlines (CAL,中華航空), Taiwan's largest airline, flew its first Boeing 777-300ER to Hong Kong and then Bangkok but it plans to expand the aircraft's route network as more are delivered, the Economic Daily News reported Wednesday.
 > Taiwan
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.010 to close at NT$30.420 as traders here took cues from a strong South Korean won to raise their holdings in the local currency, dealers said.
 > Taiwan
Toyota said Wednesday it is recalling 1.75 million vehicles globally over brake problems and other glitches that posed a fire risk, marking the latest in a string of call backs by the world's biggest automaker.
South Korea's central bank cuts key interest rate to record low
South Korea's central bank lowered its key interest rate to a record low Wednesday as it tries to bolster a fragile economic recovery. The bank also downgraded its growth forecasts for Asia's fourth-largest economy.
 > Korea
For years, Google has been the undisputed leader in online advertising, but Facebook is gaining quickly in the fast-evolving market.
Propelled by surging shale output, the United States is fighting for supremacy in the global oil market even as a pullback in crude prices threatens to challenge the boom.
CSX Corp. (CSX) on Tuesday said its third-quarter profit grew 12 percent to US$509 million as it hauled more freight amid an improving economy.
Worn by millions all over the world, the Converse sneaker is a slice of Americana beloved by everyone from British public school boys to rap stars, from aged rockers to athletes.
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