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February, 25, 2017

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Business > Asia > Australia
What are you going to do with that year-end bonus? Tips inside.
Were you fortunate enough to get a year-end bonus? If so, read on
 
Australia central bank keeps rates on hold at record low 1.50 percent
Australia's central bank held interest rates at a record low of 1.50 percent Tuesday but soft inflation and growth figures kept the door open for future cuts.
 
Aus. curbs illegal home buying by foreigners
Australia has forced the sale of more than AU$100 million (US$76 million) worth of residential property bought illegally by foreigners since it introduced a robust investment regime, the government said Monday.
 
Where are property prices rising along the new airport MRT?
With the commercial opening of the Taoyuan International Airport MRT looming, property prices have risen modestly along some areas the line traverses, according to realtor data released Monday.
 
Wistron to produce iPhones in India: report
Taiwan-based contract electronics maker Wistron Corp. (緯創) will set up a plant in India to roll out iPhones for Apple Inc., the Times of India said in a recent report.
 
Bullish start for TAIEX, Taiwan dollar on Year of the Rooster
First trading following the Lunar New Year holiday saw the Taiwan Capitalization Weighted Stock Index (TAIEX) climb over 50 points and the New Taiwan dollar trade higher.
 
Call for drug price cuts no threat to ETF tracking U.S. biotech
Despite a call by U.S. President Donald Trump to cut drug prices, there are no concerns about the outlook for an Exchange Traded Fund (ETF) that is listed on the local main board to track the U.S. biotech index, according to market analysts.
 
Dutch food and cosmetics giant Unilever on Thursday posted a 5.5 percent rise in net profit boosted by deodorants and ice cream sales, but warned "tough markets" are to continue in 2017.
 
Taiwan, S. Korea would be hit hard by any China-U.S. trade war
If there was to be a trade war between the United States and China, it would be a disaster for the world, with Taiwan and South Korea among the hardest-hit, a Taiwanese business leader said on Tuesday.
 
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.
 
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