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May, 26, 2016

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China economy eases in April, sparking worries on rebound
China's key economic indicators moderated in April from the previous month, official figures showed on Saturday, raising worries over the strength of a rebound in the world's second-largest economy.
Yang Ming Marine Transport Corp. (陽明海運), one of Taiwan's leading container shippers, has formed a new shipping alliance with five of its foreign counterparts, to grab a bigger share of the global shipping industry.
Formosa Petrochemical Corp. (台塑石化), a privately owned gasoline supplier in Taiwan, said Saturday that it has decided to raise its gasoline and diesel prices for next week in reflection of higher international crude oil prices.
Current phase of Danhai rail system over 30% completed
Construction of the first phase of the light rail system in Tamsui District in New Taipei is 30.95 percent completed, the city's Department of Rapid Transit Systems announced Friday.
China Airlines flight attendants rally to escape 'enslavement'
More than 150 China Airlines (CAL, 華航) flight attendants protested outside the Ministry of Labor (MOL, 勞動部) on Friday morning over what they call an "enslavement contract."
Taiwan's weightings in two indexes managed by MSCI Inc. have been cut after a semi-annual review by the global index provider.
The yen edged higher Friday even as the Bank of Japan's chief repeated a pledge that he was ready to unleash more stimulus measures to boost the sagging economy.
Good rice
This photo provided by the Tantze agricultural cooperative in Taichung shows Good Tanmi Rice products from the area. Good Tanmi Rice is an ingredient in the making of Ban Tiao -- flat rice noodles -- to be served at the May 20 state dinner marking President-elect Tsai Ing-wen's presidential inauguration.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.084 to close at NT$32.626 after foreign investors continued to move funds out of the country, dealers said.
Domestic gasoline and diesel prices are expected to move higher next week in reflection of a rebound staged by international crude oil prices at a time of reduced concerns over a supply glut, market sources said Friday.
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