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January, 24, 2017

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Business > Asia > Australia
Trump moves to pull US out of big Asia trade deal
Charting a new American course abroad, President Donald Trump withdrew the United States from the sweeping Trans-Pacific Partnership on Monday, using one of his first actions in office to reject a centerpiece of Barack Obama's attempts to counter China and deepen U.S. ties in Asia.
 
Tire firm stock sees explosive growth after factory fire
Tire manufacturer Tai-feng, which saw its Zhongli factory burn down last week, has seen a dramatic NT$1.1 billion increase in market capitalization in trading following the incident.
 
Unemployment falls to 3.79% in December
Taiwan's unemployment rate fell slightly last December to 3.79 percent, with 446,000 people out of work, 9,000 fewer than in the previous month, according to government figures released Monday.
 
Samsung: Note 7 battery design, manufacturing caused fires
Samsung Electronics Co. said Monday that problems with the design and manufacturing of batteries in its Galaxy Note 7 smartphones caused them to overheat and burst into fire.
 
Court denies a request to arrest Samsung's de facto head
A Seoul court denied a request to arrest Samsung Electronics Vice Chairman Lee Jae-yong, a setback to prosecutors investigating an influence-peddling scandal that toppled South Korea's president.
 
Prosecutors request arrest of Samsung heir, bribery suspect
Prosecutors requested the arrest Monday of the Samsung heir Lee Jae-yong as a bribery suspect in the influence-peddling scandal that led to the impeachment of South Korea's president.
 
CAL and Japan Airlines sign MOU to strengthen cargo and passenger cooperation
Taiwan's main carrier China Airlines and Japan Airlines agreed on Tuesday to strengthen cargo and passenger cooperation.
 
US senator urges better bank access for pot shops
As marijuana shops sprout in states that have legalized the drug, they face a critical stumbling block -- lack of access to the kind of routine banking services other businesses take for granted.
 
Long gas lines, soaring prices cast pall over holiday season in Mexico; no fix on the horizon
The holiday season has been a little less merry for car owners in Mexico as gasoline shortages in many parts of the country have forced grumbling customers to contend with hourslong lines.
 
Australia avoided a feared downgrade of its coveted AAA credit rating Monday after sticking to its ambition of returning the budget to surplus in 2020-21 despite softer growth forecasts.
 
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