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Saturday, July 26, 2014
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.017 to close at NT$30.035. Turnover totaled US$707 million during the trading session.
 > Taiwan
Cathay United Bank first to open in Shanghai trade zone
Cathay United Bank (國泰世華銀行) on Friday inaugurated a sub-branch in the China (Shanghai) Pilot Free Trade Zone (FTZ), the first Taiwanese bank to establish a presence in the FTZ.
British satellite television group BSkyB said on Friday it had agreed multi-billion-dollar deals with Rupert Murdoch's media empire 21st Century Fox to create a pan-European pay-TV giant.
Union Pacific Corp. said Thursday that its quarterly profit climbed 17 percent as the railroad hauled 8 percent more freight and raised shipping rates.
Love for CEO sparks revolt at US grocery store chain
It's been called a David vs. Goliath story, a “Tale of Two Arthurs” and even the “ultimate Greek tragedy,” but the characters in this drama are not Biblical or literary figures. They're grocery store owners.
Japanese inflation eased in June due to the slowing impact on prices from a sales tax hike and surging imports, official data showed Friday, figures that are likely to stoke renewed questions about Tokyo's war on deflation.
 > Japan
Visa Inc. said Thursday that its profit climbed 11 percent in its fiscal third quarter versus a year earlier, aided by solid growth in payments volume, service revenue and transactions.
Argentina failed to reach a deal Thursday with hedge funds demanding full payment on its defaulted bonds, veering closer to what the IMF warned could be a painful new default.
European stock markets were down Friday, while Asian markets took cheer from U.S. unemployment claims falling to an eight-year low. Traders were generally cautious at the end of the week, taking a wait-and-see attitude before another set of
Oil prices nudged lower on Friday as traders balanced soft gasoline demand in the United States and plentiful global supplies, against upbeat Chinese manufacturing data and ongoing geopolitical concerns.
  
  
  
  
  
  
  
  
  
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