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March 29, 2017

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MOST READ
1
Rising KMT star Chiang Wan-an says party in bad need of reform
2
Schools won't be on the hook for adjunct professors pension payments
3
Apple Pay available in Taiwan from today: banks
4
TSMC to supply 100 mil. new chips for Apple
5
Chinese warplane deployment in South China Sea imminent: US think tank
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Business > Asia > Australia
Asian stocks mixed as investors weigh US data, Brexit plans
Asian stocks were uneven on Wednesday as investors weighed strong U.S. economic reports against uncertainty as Britain readies a formal request to leave the European Union
 
American Airlines buys stake in China Southern Airlines
American Airlines has agreed to pay $200 million for a stake in China Southern Airlines, one of China's three major state-owned carriers, in a bid for a bigger share of the country's growing travel market.
 
Facebook, Google and other multinational companies are now paying tax in Australia based on their Australian profits instead of shifting income to low-tax countries since the government cracked down on such tax avoidance, the treasurer said Tuesday.
 
Australia's prime minister held talks with Elon Musk Sunday after the U.S. innovator offered to solve the energy crisis plaguing a southern region in a hundred days -- or install the technology free.
 
Invest in Taiwan, President Tsai urges Taiwanese businesses in N. America
President Tsai Ing-wen called on Taiwanese businesspeople abroad to invest at home, as she received a delegation from the Taiwanese Chambers of Commerce of North America on Monday.
 
China trims 2017 growth target, warns against trade controls
China's top economic official trimmed its growth target and warned Sunday of dangers from global pressure for trade controls, as Beijing tries to build a consumer-driven economy and reduce reliance on exports and investment.
 
Rene Preval, who led Haiti amid catastrophe, dies at 74
Rene Preval, a low-key technocrat who led Haiti as president during the devastating January 2010 earthquake and a messy and prolonged recovery, has died. He was 74.
 
Yellen signals the Fed will likely raise rates this month
Federal Reserve Chair Janet Yellen signaled Friday that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target.
 
Housing transactions soar year-on-year in February
Transactions of residential and commercial property for February in the six metropolitan areas in Taiwan soared after consolidating over the past three years, according to government statistics.
 
Australia's economy expanded at a faster-than-expected 1.1 percent annual pace in the final three months of last year, as resurgent coal and iron ore prices helped the country avoid recession.
 
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