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Wednesday, October 15, 2014
India's consumer price inflation slid unexpectedly in September to its lowest in nearly three years, data showed Monday, giving greater scope for an interest rate cut that could spur a stuttering economy.
Tuesday, October 14, 2014
Railway officials in Taiwan and Japan vowed on Monday to carry out more projects to boost tourism through namesake stations, one year after the stations launched a program to increase traffic at the two venues and in their cities.
No need to tap stabilization fund: government
While the stock market plunged some 250 points yesterday, government officials remain confident about Taiwan's fundamentals and denied that the National Stabilization Fund (NSF) will need to be tapped to rescue the stock market.
Amid the massive pullback of foreign capital, foreign institutional investors (FINIs) in Taiwan recorded a net fund outflow of US$256 million last week — the second largest after South Korea in regional markets.
Shares in Taiwan fell to their lowest level in almost six months, reflecting a nearly 3 percent plunge on Wall Street at the end of last week and foreign institutional selling, dealers said.
The government and people of Taiwan should seriously reflect on former Norwegian Prime Minister Gro Harlem Brundtland's advice on sustainable development issues, said Nobel laureate Lee Yuan-tseh (李遠哲).
Taiwanese Nobel laureate talks on sustainability, Tang Prize
Zuckerberg visits Indonesia to promote his Internet initiative
On his first visit to Facebook-crazy Indonesia, Mark Zuckerberg met the president-elect, spread the word about his company's global Internet-access initiative and posted a photo of himself at an ancient Buddhist temple.
Indonesian flag carrier Garuda has placed an order for 50 planes worth almost US$5 billion, U.S. plane giant Boeing said, as competition heats up for passengers in Asia's increasingly crowded skies.
Despite being a partner in a law firm just outside Kuala Lumpur, Ms. Puteri Mohamad, and her fiance, can only watch as apartments in the area where she lives spiral above 500,000 ringgit (US$153,334).
Singapore is in a good position to cope with any eventual hike in interest rates by the U.S. Federal Reserve, said deputy prime minister Tharman Shanmugaratnam.
  
  
  
  
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