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October, 1, 2016

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Business > Asia
The dollar extended losses on Friday in Asia as investors bet against a September Federal Reserve interest rate hike following another weak batch of U.S. data.
 
European plane maker Airbus on Wednesday suffered a fresh blow to its A380 superjumbo program after Singapore Airlines (SIA) said it would not renew the lease on its oldest A380.
 
With a gloomy outlook for the real estate market, 30 percent of home sellers have expressed willingness to lower their asking prices, according to a survey conducted by home price comparison app Ubee (屋比).
 
The price of electricity will stay the same from Oct. 1 to next April, the Ministry of Economic Affairs' (MOEA, 經濟部) price screening committee decided on Tuesday.
 
A lawmaker on Thursday proposed a lifelong ban from hiring migrant workers on persons convicted of sexual assault against their foreign employees.
 
EU hopes special licensing will help save Indonesian forests
The European Union has admitted Indonesia to a special licensing system it hopes will prevent the illegally felled tropical timber that makes up a substantial part of the country's wood production from being shipped to the 28-nation bloc.
 
New Zealand economy's maintained strong growth in the April-June quarter as record-low interest rates fuelled a construction boom, official data released Thursday showed.
 
As the U.S. economy enters its eighth year of its recovery from the Great Recession, one major factor is slowing its growth: government gridlock.
 
China's rice, wheat and corn subsidies are in line with WTO rules, Beijing's commerce ministry said after Washington launched legal action against what it says are "unfair" trade incentives worth US$100 billion.
 
China vows to cut aluminum output, but producers plan growth
China's leaders are promising to rein in aluminum production that is flooding global markets and threatening jobs in the United States and Europe, but its producers have ambitious plans to expand.
 
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