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Tuesday, July 29, 2014
Foreign investors last week bought net NT$6.97 billion-worth of local shares, with AU Optronics Corp. (AUO, 友達光電) seeing the highest overbought positions, according to the Taiwan Stock Exchange (TWSE).
 > Taiwan
The Council of Agriculture (行政院農委會) said Monday that despite surging over the past month, egg prices are “still within a reasonable range,” meaning it will not take immediate action to control prices.
 > Taiwan
The U.S. dollar rose against the Taiwan dollar Monday, gaining NT$0.002 to close at the day's high of NT$30.037 as the greenback recouped earlier losses on the back of buying by the local central bank, dealers said.
 > Taiwan
Shares in Taiwan extended losses Monday from a session earlier as investors kept unloading their electronics stocks after the high-tech sector suffered a downturn on Wall Street at the end of last week, dealers said.
 > Taiwan
Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.
Australia has given the go-ahead to a massive coal mine in Queensland state which Environment Minister Greg Hunt said Monday could ultimately provide electricity for up to 100 million Indians.
Irish low-fare airline Ryanair, which hit a weak patch last year, reported a strong recovery but downward pressures on fares, in a quarterly results statement on Monday.
Though employees of many small and medium-size companies will benefit from this year's shunto spring labor-management wage negotiations, challenges have already surfaced for next year's shunto negotiations. This is mainly because of the tough decisions smaller firms had to make this time around.
 > Japan
Fracking will be allowed in British national parks in “exceptional circumstances,” according to government guidelines announced on Monday as new bidding for exploration licenses opens.
Sohu.com Inc., operator of a popular Chinese Internet portal, says it lost US$45 million in the latest quarter while revenue rose 18 percent to US$400 million.
  
  
  
  
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