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April 24, 2017

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Say hello to the new Taiwanese
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Business > Asia > Australia
The Ministry of Finance (MOF) has issued a final decision finding steel exporters from six countries, including China and South Korea, in violation of Taiwan's anti-dumping rules by selling their products at unfairly low prices in the local market.
 
Australian banks ANZ and Macquarie on Friday agreed to pay AU$15 million (US$11 million) in fines for trying to manipulate the benchmark rate of the Malaysian ringgit.
 
Fidelity International launches Asian bond fund
Fidelity International (富達投信) has announced the launch in Taiwan of a new Fidelity Taiwan-Asian Total Return Bond Fund.
 
Australia's central bank on Tuesday held interest rates at a record low of 1.50 percent and indicated what analysts called a "wait and see" approach to future monetary policy easing despite a run of soft inflation figures.
 
An all-Australian consortium comprising some of the country's wealthiest grazier families made a counteroffer Sunday for one of the world's largest cattle estates, sparking a bidding war with a Chinese-linked proposal.
 
Jay Haas birdied the first hole of a playoff with Bart Bryant on Sunday in the Toshiba Classic to become the second-oldest winner in PGA Tour Champions history.
 
Robots galore at Asia's biggest tech fair
A Japanese inventor is hoping a robot that still needs humans will win over Asia's largest tech fair, offering a counterpoint to major technology firms pushing the boundaries of artificial intelligence (AI).
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View from the Sydney CBD
People enjoy their lunch on seats adorned with photographs of old terrace houses in a temporary public artwork by James Voller entitled "Terraced" in Sydney's Martin Place business district on Monday, Sept. 26.
 
Australia's trade minister will this week lead the first Australian business delegation to visit Iran in 14 years after sanctions over Tehran's nuclear program were eased in January.
 
Chinese ship owners pay up for Australia reef disaster
The owners of a Chinese ship that ran aground on the Great Barrier Reef in 2010 agreed to pay Australia AU$39.3 million (US$29.6 million) on Monday, in a settlement dismissed by conservationists as "woefully inadequate."
 
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