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December, 11, 2016

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Business > Asia
TAIPEI, TAIWAN (November 10, 2016) Acer today announced that it has pledged to invest US$ 10 million in the IMAX VR Content Fund, which will support the development of high-quality and immersive VR content.
 
Delivering one of India's biggest-ever economic upsets, Prime Minister Narendra Modi this week declared the bulk of 500 and 1,000 rupee notes no longer held any value and told anyone holding those bills to take them to banks.
 
India, powered by maize
Indian farmer dries maize on a highway side road in Thoopran Mandal in Medak District, some 60 kilometers from Hyderabad on Thursday, Nov. 10. Agriculture plays a vital role in India's economy. Over 58 percent of the rural households depend on agriculture as their principal means of livelihood.
 
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.130 to close at NT$31.589 amid worries that rising protectionism in the United States after Donald Trump's election victory will impact exports by economies in the region, dealers said.
 
India tries to stem panic after notes withdrawn
India's government tried to quell the panic Wednesday caused by a bombshell decision to withdraw 500 and 1,000 rupee notes from circulation after cash machines ran dry and shares slid.
 
DBS deal for ANZ set to be a boon for digital banking
DBS Group Holding's acquisition of the Australia & New Zealand Banking Group (ANZ) will allow the firm to strengthen its digital capabilities, DBS CEO Piyush Gupta said at a press event in Taipei Tuesday.
 
EVA aims for 100 North America flights a week
With the launch of new direct flights between Taipei and Chicago, EVA Air has moved closer toward its goal of introducing 100 weekly flights between Taipei to North America by 2018.
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Laos notifies neighbors of plans to move ahead with contentious third dam on Mekong River
Laos has notified its Southeast Asian neighbors that it's moving ahead with a third contentious hydro dam on the Mekong River's mainstream.
 
New Zealand's competition watchdog indicated Tuesday it will reject a proposed merger between the country's two largest media companies, saying the plan would reduce competition and stifle news coverage.
 
Head and shoulders above the rest
An employee waits for customers at a hijab shop in Kuala Lumpur on Monday, Nov. 8.
 
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