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February, 21, 2017

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Business > Asia
Hon Hai's price up on Sharp profit
An Asian brokerage has raised its target price on shares in Taiwan-based Hon Hai Precision Industry Co. (鴻海), the world's largest contract electronics maker, after Japan's Sharp Corp., in which the Taiwanese firm holds a majority stake, turned a profit for the fourth quarter of last year.
 
The Taiwan Stock Exchange (TWSE) has disclosed the average cash dividend yield on the local main board, a move that brings the local equity market into line with international practices.
 
The Taiwan Stock Exchange (TWSE), which operates the local main board, has tightened rules governing securities borrowing and lending (SBL) in the equity market to improve SBL operations.
 
In an indication of regulatory obstacles that stand in the way of companies using ride-sharing apps that people can use to hire transportation in major cities around the world, the Ministry said Uber Vietnam had not met several conditions for regularizing its operations in the country.
 
Don't say goodbye yet: Uber 'looks forward' to serving Taiwan again
U.S.-based ride-hailing company Uber, which suspended its services in Taiwan starting on Friday, said it hoped to resume dialogue with Taiwan's government and looked forward to serving people in this country again.
 
Wi-Fi coming to HSR trains by August
Passengers aboard high-speed rail (HSR) trains will be able to use Wi-Fi before the 2017 Summer Universiade opens in mid-August in Taipei, state-run Chunghwa Telecom said Friday.
 
Chinese exports surged more than forecast in January, data showed Friday, in a fresh sign of improvement in the world's number two economy as leaders prepare for possible trade stand-offs with U.S. President Donald Trump.
 
Japan broad trade surplus at 9-year high on export rebound, cheaper gasoline
Japan says its current account surplus hit a 9-year high in 2016, helped by lower costs for imported oil and improved exports.
 
Start-up fever grips young tech-savvy Indians
In the basement of a Bangalore building, hundreds of young Indians sit in neat rows of desks typing furiously, all dreaming of becoming the new Steve Jobs or Mark Zuckerberg.
 
Australia central bank keeps rates on hold at record low 1.50 percent
Australia's central bank held interest rates at a record low of 1.50 percent Tuesday but soft inflation and growth figures kept the door open for future cuts.
 
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