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Tuesday

May, 3, 2016

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Business
Fed keeps key rate unchanged and provides no timing hints
The Federal Reserve is keeping a key interest rate unchanged against the backdrop of a global economic slump and providing no hint of when its next rate hike may occur.
 
New York Times to slash operations at Paris hub
The New York Times announced cutbacks Tuesday to its longtime Paris hub as the U.S. publisher struggles to keep its international print edition alive as readers turn more to digital.
 
Philippine Airlines to fly to Osaka from Taipei starting June 25: airline
Beginning June 25, Philippine Airlines (PAL) will operate daily flights from Taipei to Osaka (Kansai Airport), using the 199-seater Airbus 321 aircraft, according to a press release from the Philippine Airlines yesterday.
 > Taiwan
 
Apple sold more than 51 million iPhones in the first three months of this year -- and that's the problem.
 
The Taipei District Court (台北地院) ruled yesterday that the Ministry of Finance had broken no laws in a boardroom upset that gave it control of Chang Hwa Bank (彰化銀行) in 2014.
 > Taiwan
 
A new management team at EVA Air has announced plans for the carrier to increase passenger capacity by 15 percent this year, with 13 new aircraft set to enter operation this year.
 > Taiwan
 
Shares in Taiwan closed moderately lower Wednesday as stocks in the Apple Inc. supply chain weakened and buying rotated to select old economy stocks.
 > Taiwan
 
House tax is set to be levied this year on 8.43 million units for a record-setting NT$71.68 billion, the Ministry of Finance (財政部) said yesterday.
 > Taiwan
 
The Taiwan Stock Exchange (TWSE) will hold a conference on May 5 for auditing executives of listed companies to improve their professional knowledge and raise awareness of their companies' social responsibility.
 > Taiwan
 
A Taiwan-Thailand investment forum was held in Bangkok, in an effort to promote investment exchanges between the two countries.
 > Taiwan
 
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