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April, 30, 2016

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Streaming site Tidal has soared in popularity since Beyonce released her latest album through the service as an exclusive, although she made it available on iTunes as well on Monday.
Australia says French firm wins big sub contract
Australia announced Tuesday that French company DCNS has beat out bidders from Japan and Germany to build the next generation of submarines in Australia's largest-ever defense contract.
CAL introduces bird 'Flight Ambassadors'
In celebration of 14 new Airbus A350 aircraft whose delivery is scheduled for July this year, China Airlines (CAL, 華航) announced on Tuesday plans for aircraft designs to incorporate Taiwanese cultural themes and birds that will serve as "Flight Ambassadors." Each aircraft will adopt one bird as its name.
 > Taiwan
False mileage tests done since 1991, acknowledges Mitsubishi
Mitsubishi Motors Corp., the Japanese automaker that acknowledged last week that it had intentionally lied about fuel economy data for some of its models, said an internal investigation found such tampering dated back to 1991.
Saudi Arabia unveils far-reaching plan to steer economy away from oil
Saudi Arabia said Monday it would create the world's largest sovereign investment fund and sell shares in state energy giant Aramco under a vast plan unveiled to transform its oil-dependent economy.
Hyundai Motor's profit down 12% on China sales
Hyundai Motor Co. has reported a 12 percent drop in its first-quarter net profit as lower sales in China, Russia and Brazil outweighed higher vehicle shipments at home and favorable foreign exchange rates.
Orders to U.S. factories for long-lasting manufactured goods rose in March, but a key category that tracks business investment plans was weak for a second month.
Standard Chartered said Tuesday first quarter profits slumped 64 percent year-on-year as revenue for the period also plunged, following a turbulent 2015 in which the troubled bank announced it would axe thousands of jobs.
Chinese firms have ramped up display panel production, and China's manufacturing capacity will overtake that of Taiwan by the end of the year, before further threatening Korean rivals next year, research consultancy IHS said Tuesday.
 > Taiwan
For the past six years, Taiwan has been the No. 1 electronics exporter to Singapore and owns the largest 30.2 percent in market share, the Ministry of Economics Affairs has said in a report.
 > Taiwan
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