Fears that China will overtake the U.S. in the race to put electric vehicles on the road have fizzled.

Malaysia's palm oil inventory finally eased to 1.93 million tons in April after staying above the 2-million-ton threshold for the past 10 months, which had led to concerns that crude palm oil (CPO) prices would likely be dragged down further.

Malaysia's palm oil inventory finally eased to 1.93 million tons in April after staying above the 2-million-ton threshold for the past 10 months, which had led to concerns that crude palm oil (CPO) prices would likely be dragged down further.

Hong Kong's economy saw modest year-on-year growth in the first quarter, with strong demand from mainland China offsetting weakness in the West, officials said Friday.

The U.S. dollar soared above 100 yen for the first time in more than four years Friday, driven by aggressive credit-easing aimed at reviving Japan's sluggish economy and improved U.S. economic figures.

Kuomintang (KMT) Legislator Tsai Chin-Lung (蔡錦隆) yesterday proposed that the Executive Yuan postpone October's scheduled electricity price hike.

Shares in Taiwan fell into a consolidation mode Friday after the local bourse made a strong showing earlier this week, pushing the index closer to stiff technical resistance ahead of 8,300 points, dealers said.

The hunt is on for Taipei's second most popular snack, with over 3,300 votes already cast in the search, which is looking to get people hungry for the 2013 Taipei Pineapple Cake Festival.

The U.S. dollar rose against the Taiwan dollar yesterday, gaining NT$0.290 to close at the day's high of NT$29.800, as the continuing fall of the Japanese yen led traders to dump the local currency in exchange for the greenback, dealers said.

Japan's automakers have wrapped up the latest earnings season on a high note, booking mostly healthy profits as a weak yen, cost-cutting and strong demand in the U.S. and Asia inflated their bottom line.