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May, 3, 2016

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Business > Asia > Taiwan
The businessman who won the auction for the "first bluefin tuna" of the year in Yilan County on Wednesday will turn the fish into tasty dishes for underprivileged groups.
 
A Taiwanese video and image design company has developed an advanced car safety system that allows for a wider scope to monitor driving safety, which is being showcased at a security manufacturing trade show that kicked off Tuesday in Taipei.
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There have been new entrants in the cable TV industry, and intensified competition has already resulted in annual subscription rates as low as NT$500 in New Taipei City.
 
Fubon boss urges FSC to introduce graded standard
Daniel Tsai (蔡明忠), chairman of financial services giant Fubon Financial (富邦金), on Tuesday urged the future Financial Supervisory Commission (FSC, 金管會) to implement a graded management system for the financial service industry, in place of a single, indiscriminate standard.
 
Le Méridien Taipei operator going public in May
My Humble House Hospitality Management Consulting Co. (寒舍餐旅管理顧問) is scheduled to go public on May 19 and will be listed under stock code 2739, the company announced on Tuesday.
 
Changhua Station, one of 11 stations on Taiwan's high speed rail line, has been named as a Popular Choice winner of the A+ Awards organized by Architizer, the largest architecture database in the world.
 
The U.S. dollar fell against the New Taiwan dollar Tuesday, shedding NT$0.137 to close at NT$32.265.
 
Shares in Taiwan closed lower, below the 8,700 point-mark Tuesday, led by Apple-concept stocks, as smartphone supply chains in Japan were disrupted by a series of earthquakes there last week, dealers said.
 
The five-day Taipei Spring Computer Show that ended Monday drew nearly the same number of people this year as last year despite a big drop in the number of exhibitors, according to the Taipei Computer Association, which organized the event.
 
Taiwan Stock Exchange Co. (TWSE, 台灣證券交易所) announced that the securities net overbought position by foreign investors was NT$29.21 billion during the week of April 11-15.
 
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