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Saturday, August 23, 2014
Spark, New Zealand's largest telecommunications company, posted a 93.3 percent rise in annual net profit on Friday, with one-off items preventing the carrier slipping into negative territory.
Ford is recalling more than 160,000 vehicles in North America for two safety issues.
Workers at South Korea's two largest automakers went on a limited strike Friday to press their demands for wage reforms, their unions said.
European shares were flat as investors awaited a meeting of central bankers that might shed light on the timing of U.S. interest rate hikes.
The dollar inched down in Asia Friday as investors awaited a speech by the U.S. Federal Reserve chief for any hint at when the bank will start raising interest rates.
Oil prices rose in Asia Friday but gains were capped by downbeat Chinese manufacturing data and the low likelihood of supply disruptions in conflict-hit Iraq, Ukraine and Libya, analysts said.
Friday, August 22, 2014
Some U.S. Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it's been providing through ultra-low interest rates.
CTBC's philanthropy  aids rural youth teams
The CTBC Charity Foundation (中國信託慈善基金會) yesterday announced its decision to sponsor six youth baseball teams from rural areas in Taiwan, allowing children and teens to fulfill their dreams of becoming professional baseball players.
U.S. chipmaker Intel Corp. and Chunghwa Telecom Co. (中華電), Taiwan's largest wireless carrier, signed a memorandum of understanding Thursday on the development of technology related to the Internet of Things (IoT), cloud computing and software defined networking.
Taiwan's Acer Inc. (宏碁) on Thursday unveiled its Chromebox CXI, its first desktop computer powered by Google Inc.'s Web centric Chrome operating system, with a view to meeting demand in schools and businesses.
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