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July, 27, 2016

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Business
Visa earnings fall on costs tied to Visa Europe
Credit and debit card processor Visa Inc. said its fiscal third-quarter earnings fell 76 percent from a year ago, largely due to the cost of completing its purchase of its operations in Europe.
 
The Japan launch of "Pokemon Go" on Friday included the game's first partnership with an outside company: fast-food giant McDonald's.
 > Japan
 
The industry production index compiled by the Economics Ministry rose 0.88 percent to 107.61 in June, which marked the second month of consecutive growth and signaled a potential economic rebound.
 > Taiwan
 
Stock markets turned higher on Friday after surveys suggested the eurozone economy is proving resilient to the uncertainty surrounding Britain's Brexit vote.
 
Nigeria's President Muhammadu Buhari on Thursday said the government was in talks with oil rebels whose attacks have hit production, as the head of the state-run energy firm laid bare damage to the sector.
 
Sounds Fancy
Visitors to the Janfusun Fancyworld in Kukeng Township of Yunlin County, southern Taiwan can experience the virtual reality (VR) performance of a Tyrannosaurus Rex flying over a jeep car, a new recreation service available at the amusement park of the Fancyworld in the summer time. Tyrannosaurus Rex is one of the key animals seen in the famous film, "The Lost World: Jurassic Park."
 > Taiwan
 
Oil prices dipped in Asia on Friday, extending the previous day's sharp losses, while analysts warned the ongoing global supply glut would likely linger.
 
The U.S. Department of Commerce (DOC) has raised an anti-dumping tariff against five Taiwanese exporters who ship certain corrosion-resistant steel products to the U.S. market, citing a correction to a ministerial error in an earlier ruling.
 > Taiwan
 
The yen edged lower Friday after a rally in New York sparked by Japan's central bank chief dashing hopes for so-called "helicopter money" stimulus.
 > Japan
 
Shares in Taiwan closed lower Friday as investors took cues from a pullback on Wall Street overnight to lock in the gains they had built in recent sessions, dealers said.
 > Taiwan
 
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