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Wednesday, August 27, 2014
Nearly 90 percent of people in Taiwan who visit social networking sites use their mobile devices to do so, with younger users spending more time on such sites, a survey indicated Tuesday.
 > Taiwan
Amazon is hoping to become the ESPN of video games. The e-commerce giant is buying streaming platform Twitch Interactive for US$970 million in cash as it seeks to take part in video gaming's growth as an online spectator sport.
Sales of new homes in the US fall in July
Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery.
Investment guru Buffett to help finance Burger King deal: report
Warren Buffett will help finance Burger King's planned takeover of the Canadian coffee and donut chain Tim Hortons, the Wall Street Journal reported Tuesday.
Quake insurance shunned by most Californians
Despite California's ever-present risk of major earthquakes, the number of homeowners in the state with insurance coverage for quake damage has dipped significantly over the past several decades, from 33 percent in 1996 to just 10 percent today.
Passengers on Qantas and Virgin Australia from Tuesday were allowed to use mobile electronic devices in-flight with limited restrictions after a relaxation of the rules by the country's aviation authority.
Foreign investment in Zimbabwe more than halved in the first six months of the year, the central bank chief said Monday, calling for the country to “fight the negative perception” that was scaring off capital.
Global stocks lower as dealers wait on central bankers' data
Global stocks were mostly lower Tuesday as investors digested signals from the Jackson Hole meeting of central bankers and looked ahead to data expected to show an improving U.S. economy.
The euro was stuck around US$1.32 in Asia Tuesday after falling to an 11-month low against the dollar on a weak batch of German data and hints the European Central Bank ECB) could unveil easing measures to fight off deflation.
Oil prices rose in Asia Tuesday as dealers await the release of a batch of U.S. economic data for clues on whether the U.S. Federal Reserve will speed up its timetable for raising interest rates, analysts said.
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