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January, 22, 2017

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Business > Asia
There's a general consensus that 2016 was bad. But apparently, 2017 may even be worse, according to some forecasts in the region.
 
Attention, shoppers
A musician entertains shoppers as a Chinese model wearing NE TIGER creations poses on stage set behind the fashion boutique window panel decorated with Rooster stickers for the upcoming Chinese Lunar New Year at an upscale shopping mall in Beijing, Monday, Jan. 2.
 
The Taiwan Stock Exchange (TWSE) has worked closely with the Financial Supervisory Commission (FSC), Taiwan's top financial regulator, to boost turnover on the country's stock market.
 
The underreporting of working hours is suspected to have occurred in several departments at Japanese advertising giant Dentsu Inc., which has already been referred to prosecutors on suspicion of violating the Labor Standards Law by having its employee work illegally long hours, according to sources.
 
The Taiwan Stock Exchange (TWSE) has increased the weighting of three criteria in evaluating the corporate governance of companies listed on Taiwan's stock market.
 
The question of whether the local equity market will continue its strong showing in 2017 depends on the actions of foreign institutional investors, analysts said Monday.
 
India's Modi defends decision to demonetize high-value bills
Indian Prime Minister Narendra Modi defended his government's decision to demonetize the country's highest-value currency bills last month in an unusual New Year's Eve message to the nation Saturday.
 
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.
 
India cash overhaul benefits elusive as deadline passes
Fifty days ago, India yanked most of its currency from circulation without warning, jolting the economy and leaving most citizens scrambling for cash. As the deadline for exchanging the devalued 500- and 1,000-rupee notes for new ones hits Friday, many Indians are still stuck waiting in long bank lines.
 
Disney has won a copyright dispute over a Chinese knockoff of its animated movie Cars, a China court said Friday, a rare victory for a foreign firm in a country famous for counterfeits.
 
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