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July, 25, 2016

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Business > Asia
Unemployment rises with entry of new graduates into market
Due to new graduates entering the workforce, the unemployment rate in June rose 0.08 percentage points to 3.92 percent, according to a government census report.
 
VCR headed for outdated tech heaven
The clunky videocassette recorder is going the way of floppy disks, eight-track tapes and camera film as the world's last manufacturer ends production of the once booming home-video technology.
 
The Japan launch of "Pokemon Go" on Friday included the game's first partnership with an outside company: fast-food giant McDonald's.
 
The industry production index compiled by the Economics Ministry rose 0.88 percent to 107.61 in June, which marked the second month of consecutive growth and signaled a potential economic rebound.
 
Sounds Fancy
Visitors to the Janfusun Fancyworld in Kukeng Township of Yunlin County, southern Taiwan can experience the virtual reality (VR) performance of a Tyrannosaurus Rex flying over a jeep car, a new recreation service available at the amusement park of the Fancyworld in the summer time. Tyrannosaurus Rex is one of the key animals seen in the famous film, "The Lost World: Jurassic Park."
 
The U.S. Department of Commerce (DOC) has raised an anti-dumping tariff against five Taiwanese exporters who ship certain corrosion-resistant steel products to the U.S. market, citing a correction to a ministerial error in an earlier ruling.
 
The yen edged lower Friday after a rally in New York sparked by Japan's central bank chief dashing hopes for so-called "helicopter money" stimulus.
 
Shares in Taiwan closed lower Friday as investors took cues from a pullback on Wall Street overnight to lock in the gains they had built in recent sessions, dealers said.
 
China's property giant Wanda, owned by the country's richest man Wang Jianlin, has signed an MOU to sell a historic Madrid skyscraper to a Spanish developer for 272 million euros, the company said Friday.
 
Former Premier Simon Chang (張善政) was named chairman of the Taiwan Mobile Foundation Friday, two months after stepping down at the end of the Ma Ying-jeou administration.
 
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