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December, 11, 2016

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Business > Asia
TSMC: the museum
A man walks into the new TSMC Museum of Innovation (台積創新館) on Thursday, Dec. 1. The museum, which took two years to build, will celebrate the history, innovation and impact of the world's largest contract chip-maker Taiwan Semiconductor Manufactory Co. (TSMC, 台積電).
 
India cash ban slims down big fat weddings
Jatin Pal's wedding was just days away and his family were finalising plans for an extravagant multi-day celebration -- then Indian Prime Minister Narendra Modi banned high denomination notes overnight, casting a dark shadow over the festivities.
 
Japan's factory output ticked up in October, expanding for the third month in a row, government data showed Wednesday.
 
The Taiwan Institute of Economic Research (TIER, 台經院), one of Taiwan's leading think tanks, said Wednesday that it has upgraded a forecast of the local manufacturing sector for 2016, at a time when the country's exports and industrial production have shown signs of improving.
 
Indonesian President Joko Widodo met with a Taiwanese business delegation Wednesday and expressed gratitude for Taiwan's investment in his country over the years, while inviting more investment from Taiwan.
 
Huawei releases Mate 9 and Mate 9 Pro
Huawei officially launched its new Mate 9 and Mate 9 Pro smartphones in Taiwan on Monday.
 
Beijing is tightening screening on Chinese companies' overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending.
 
India's central government has asked all the statutory 4,041 urban local bodies in India to shift to e-payments at the earliest possible time, according to a communique from the Urban Development Ministry.
 
Shares in Taiwan closed 0.69 percent higher on Monday, rising above the 9,200 benchmark on the strength of the bellwether electronics sector and financial shares, dealers said.
 
According to Taiwan Stock Exchange Co. (TWSE) statistics, TAIEX closed at 9,159.07 on Nov. 25, up 150.28 from 9,008.79 a week earlier, an increase of approximately 1.67 percent.
 
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