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Wednesday, December 3, 2014
China will implement long-awaited property registration rules from March, a Chinese media outlet said Tuesday, in a move that could give the country's anti-corruption investigators extra ammunition and pave the way for new taxes.
After the entire Cabinet submitted its resignation in the wake of the Kuomintang's (KMT) election debacle, it is possible that controversial legislation under review by the Legislature will be repealed.
Local business groups pleaded for the next Cabinet to keep Duh Tyzz-jiun (杜紫軍), the departing economics minister, in the government to continue economic policies on Tuesday, a day after Cabinet ministers quit en masse alongside the premier.
The U.S. dollar fell against the New Taiwan dollar Tuesday, shedding NT$0.033 to close at NT$31.106 as foreign investors moved funds into the local market, dealers said.
Travelers looking to visit Macau from Taiwan will be able to do so practically for free -- if they can manage to grab one of 5,000 one-way tickets being sold by Tigerair Taiwan (虎航台灣) for just NT$88 (US$2.84).
Shares in Taiwan closed lower Tuesday, extending losses from a session earlier as investors remained upset by the huge blow to the ruling Kuomintang in the weekend elections, which dealers said sent the financial sector into a tailspin.
Australia's central bank on Tuesday held interest rates at a record low 2.5 percent, signaling its intention to keep an accommodative monetary policy while saying a weaker exchange rate was needed to support growth.
India keeps its interest rates on hold despite requests to ease policy
India's central bank kept interest rates unchanged on Tuesday despite growing calls to ease monetary policy, saying a reduction would be “premature.”
South Korea's inflation rate hit its lowest point for nine months in November, as the plunge in global oil prices forced a drop in transport costs, state data showed Tuesday.
Tuesday, December 2, 2014
Taiwan's Asustek Computer Inc. said Monday that its newly launched EeeBook laptop sold out in the first two days of sale in its home market thanks to the computer's affordable price tag.
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