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July, 31, 2016

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Business
March for pensions
Thousands of workers march against the Pension Fund Administrators, demanding an end to the system due to low pensions, in Santiago, Chile, Sunday, July 24.
 
Shares in Taiwan edged lower Monday after a plunge midway through the trading session, but bargain hunting in select large-cap electronics stocks kept the weighted index close to the 9,000-point mark, dealers said.
 > Taiwan
 
The yen slipped Monday on mounting speculation that the Bank of Japan will ramp up its stimulus program after this week's policy meeting, while U.S. Federal Reserve prepares for its own gathering.
 > Japan
 
Oil prices dipped on Monday, extending last week's losses on fresh worries about a global supply glut as more U.S. rigs come back online and the dollar strengthens.
 
Britain's vote to leave the EU has had a limited impact on business confidence in Germany, with belief in domestic strength still strong, a key survey showed on Monday.
 
The U.S. dollar rose against the Taiwan dollar Monday, gaining NT$0.070 to close at NT$32.140 as traders here were encouraged by recent positive economic data in Washington to buy into the U.S. currency, dealers said.
 > Taiwan
 
The Ministry of Economic Affairs (經濟部) announced on Thursday that a delegation will visit Tokyo and Osaka from October 21 to 26 to attract talent from Japan.
 > Taiwan
 
Uniqlo to widen reach in Thailand with online store
UNIQLO, Japan's global fashion label, will open an online store for the Thai market this Friday, in a move that will complement its physical stores by offering unlimited items, nationwide coverage and around-the-clock access to consumers.
 
Italy has 'no banking problem': finance minister
Italy does not have a problem with its banks, finance minister Pier Carlo Padoan said Sunday, despite investors fretting about nearly US$400 billion of bad debts weighing down the sector.
 
Nepal gov't introduces new rules to promote its adventure tourism
The Nepalese government has enforced the Recreational Aviation Regulation 2016 amending the Aviation Sports Regulation 2012 in a bid to promote adventure tourism -- touted as one of the fastest growing sectors.
 > Other
 
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