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July, 26, 2016

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Business > Asia > Australia
Mainland China said Sunday it has started imposing anti-dumping tariffs on certain steel imports from the European Union, Japan and South Korea, as Beijing itself comes under fire for similar trade practices.
 
Government won't rule out Tsai visit to Taiping
There are currently no plans for President Tsai Ing-wen to visit a Taiwan-controlled territory in the South China Sea, but the government will not rule out the possibility, Foreign Minister David Lee (李大維) said Wednesday morning.
 
Hard labor
Boxes containing more than 270,000 signatures gathered by the Arizona Healthy Working Families Initiative group sit on display prior to a news conference at the Arizona Capitol, in Phoenix, Arizona, Thursday, July 7. The group hopes to qualify a measure for the November ballot to raise the state's minimum wage to US$12 an hour by 2020 and provide earned sick days to workers.
 
Australia's central bank Tuesday held interest rates steady at an all-time low of 1.75 percent, with uncertainty about the Brexit impact and inflation outlook making it "prudent" to stay on hold.
 
Takata shares jumped on Tuesday after the airbag supplier's boss said he would resign once the company recovers from a scandal linked to at least 13 deaths and scores of injuries globally.
 
SEOUL - Seoul prosecutors arrested an executive of Volkswagen's South Korean unit on Friday, as part of an ongoing probe into the emissions fraud scandal that engulfed the German carmaker.
 
Uni-President gets new president
Uni-President Chairman Lo Chih-Hsien, center, greets reporters waiting outside the company headquarters for an answer to speculation that he would step down as the food giant's president. Lo, 60, ........
 
Sydney is imposing new taxes on foreigners buying homes as concerns grow that a flood of mostly Chinese investors is crowding out locals and killing the "Great Australian Dream" of owning property.
 
'Missing' HK bookseller speaks out over detention, says 'rights violated'
A Hong Kong bookseller known for selling titles critical of Beijing told Thursday how he was blindfolded and kept in a tiny cell by the mainland Chinese authorities after going missing eight months ago.
 
Australia's central bank held interest rates steady at the all-time low of 1.75 percent Tuesday following strong growth figures, while keeping an eye on low inflation.
 
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