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April 27, 2017

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Bye bye iL Mercato
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Seoul, US ready to 'punish' North Korea
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US continues to support Taiwan's WHA participation: AIT chair
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Coca-Cola to cut 1200 jobs
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Infrastructure bill passes first hurdle
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Business > Asia
South Korea's tourist industry has been hammered by China's boycott over the deployment of a U.S. missile defense system, with visitor numbers from the Asian giant plummeting 40 percent in March, statistics showed.
 
Think tank raises Taiwan's 2017 GDP growth forecast to over 2%
One of Taiwan's leading economic think tanks has raised its forecast for the country's economic growth for 2017 to more than 2 percent because of expectations of an improved export performance.
 
Emirati and Malaysian officials say they've reached a deal over the indebted and troubled Malaysian investment fund 1MDB, with the UAE set to receive US$1.2 billion over this year.
 
Quotas charge up China's electric-car market
China's electric-car market is already the world's biggest, but a government proposal to introduce "new energy" vehicle quotas for automakers is further charging it up.
 
TTL seeking contract for instant noodle production in Singapore
Taiwan Tobacco and Liquor Corp. (TTL, 台酒) said Monday that it is planning to seek a contract manufacturer to produce its popular instant noodle line in Singapore.
 
Bad debts hindering India growth: analysts
The recent arrest of Vijay Mallya highlighted the problem of bad loans in India, but analysts say the tycoon's unpaid debts are just the tip of an iceberg that is already holding back the country's economic growth.
 
Reaping the rewards
Indian farmers separate husk from harvest wheat grain by using a harvester machine in a field on the outskirts of Alwar in the western state of Rajasthan.
 
GlobalWafers issues most GDS by Taiwan firm in over 3 years
GlobalWafers Co. (環球晶圓), a leading silicon wafer supplier in Taiwan, has issued the largest global depositary shares (GDS) by a company listed on the local equity market in more than three years.
 
Japan's exports rose at a faster-than-expected 12 percent pace in March, while imports jumped nearly 16 percent from a year earlier, the government said Thursday.
 
Southeast Asia's potential beckons as global automakers look beyond China's massive market to extend their sales boom in the region, but executives say they face a struggle to match the explosive Chinese growth.
 
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