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January, 19, 2017

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Business
Shares in China's biggest property firm Vanke surged Friday after it announced a stock-holding shift that could end a bid by private conglomerate Baoneng to pull off the country's first hostile blue-chip takeover.
 
South Korea's central bank has trimmed its forecast for the country's growth in 2017 partly due to the fallout from a massive influence-peddling scandal.
 > Korea
 
A U.S. appeals court on Thursday revived a civil suit accusing Apple of creating a monopoly by making its App Store the only place to buy iPhone applications.
 
Argentina's government says it has struck a deal to borrow US$6 billion from a group of six banks.
 
U.S. Federal Reserve Chair Janet Yellen says that the study of economics not only can help students manage their personal finances but also provide them with the skills for analytical and critical thinking needed for success later in life.
 
Delta Air reportedly will stop serving Taiwan in May
U.S. airline company Delta Air Lines will stop serving Taiwan in May, media reports quoted local travel agents as saying Friday.
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TSMC posts record-high Q4 revenue, net profit
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chipmaker and a major supplier to Apple Inc., Thursday announced record-high revenue and net profit for the fourth quarter of last year.
 > Taiwan
 
US indicts six employees in VW case
Six high-level Volkswagen employees from Germany have been indicted in the U.S. in the automaker's emissions-cheating scandal as prosecutors made good on efforts to charge individuals in a corporate corruption case.
 
HTC announces flagship U Ultra,  featuring AI-based virtual assistant
Taiwan-based consumer electronics manufacturer HTC Corp. (宏達電) on Thursdayv officially announced its latest flagship smartphone, the U Ultra, which houses a new artificial intelligence (AI) virtual assistant called HTC Sense Companion.
 > Taiwan
 
World stock markets retreated Thursday and the dollar sank, with investors deflated by a lack of economic detail from Donald Trump at his first post-election press conference.
 
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