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October, 28, 2016

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The goal of the project for a light rail system serving New Taipei's Tamsui District is to upgrade Taiwan's rail industry by building trains locally for the new rail system, the city's Department of Rapid Transit Systems said Tuesday.
Faces of 'New Southbound'
Employees work on a production line run by a Taiwan-based firm in Thailand, Wednesday, Sept. 21. A Taiwanese investor who has run businesses in Thailand for more than 20 years said ..........
Investors in Taiwan's stock market largely stayed on the sidelines Wednesday as they awaited decisions by central banks in Japan and the United States on whether they would adjust interest rates.
Sanxin Outlets Co., a joint venture between Japanese real estate developer Mitsui Fudosan and Farglory Land Development, signed a contract Tuesday with Taiwan International Ports Corp. (TIPC) to build an outlet mall in the Port of Taichung.
State-run Taiwan Power Co. (Taipower) is evaluating a proposal over whether to spend NT$9.5 billion (US$302 million) to rent gas generators from Tokyo Electric Power Co. Holdings, Inc.
Taiwan saw the number of visiting Chinese tourists plummet by 32.41 percent in August compared with the same period of last year, according to Tourism Bureau data, increasing concerns about more serious contraction of the market sector.
The yen extended its gains in Asian trading Tuesday as the Japanese and U.S. central banks kick off their latest policy meetings.
China is expected to announce plans to merge the country's top steelmakers this week, according to media reports, creating the world's second-largest manufacturer of the commodity, as markets struggle with a glut caused by Chinese overcapacity.
Chinese ship owners pay up for Australia reef disaster
The owners of a Chinese ship that ran aground on the Great Barrier Reef in 2010 agreed to pay Australia AU$39.3 million (US$29.6 million) on Monday, in a settlement dismissed by conservationists as "woefully inadequate."
A key gauge of China's debt has reached its highest level on record, setting off alarm bells of imminent risk to the banking system, a Swiss banking watchdog reported.
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