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May, 6, 2016

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Business > Asia > Australia
Australia's central bank Tuesday left interest rates on hold at 2.25 percent for the second successive month, but kept the door open for further cuts as the economy continues to struggle.
 
Taiwan performed well in integrated circuit (IC) design in 2014, securing 18 percent of the world's fabless IC market share, ranking second behind the United States, according to semiconductor market research company IC Insights.
 
Prime Minister Narendra Modi on Thursday urged India's banks to lend more to the country's millions of impoverished farmers in a bid to halt suicides by debt-laden agricultural workers.
 
The Financial Supervisory Commission (FSC, 金管會) said yesterday it will widen the daily stock fluctuation limit from 7 to 10 percent on June 1, two months ahead of schedule.
 
Global IC market to expand 7% in '15: IC Insights
In a report released on March 12, semiconductor market research company IC Insights predicted that the global IC (integrated circuit) market could grow 7 percent this year.
 
Taiwan's machine tool industry said Sunday it is worried about its competitiveness in the face of a recently signed free trade agreement between China and South Korea, unprecedented low interest rates in South Korea, and depreciation of that country's currency .
 
Taipei 101 to feature in Japanese park along with Empire State, Eifel Tower
A miniature of the Taipei 101 skyscraper will be built in a Japanese park that exhibits world-famous architecture and relics later this year as part of Taiwan's latest efforts to promote tourism, Taiwanese and Japanese representatives said Friday.
 
A month before Apple Inc.'s smartwatch hits the market, China's thriving copycat manufacturers are selling lookalikes, some openly advertised as Apple copies.
 
Alibaba's Jack Ma names priorities for NT$10 bil.
Alibaba's NT$10 billion in venture capital funding will first go to young Taiwanese entrepreneurs selling Taiwanese specialties, Alibaba CEO Jack Ma (馬雲) announced in Taipei yesterday.
 
Yahoo marks 20 years with yodels, memories; looks ahead
Yahoo celebrated its 20th anniversary Monday with a look back at its history and an eye to the future of the Internet pioneer in the midst of a transformation effort.
 
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