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June, 30, 2016

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Business
Cheaper homes are expected in next six months, says survey
Forty-six percent of people believe the next six months will be a prime time to make a home purchase -- nearly double the 24 percent who felt the same way just a quarter earlier, according to a Yung Ching Realty Group (永慶房屋) survey released Wednesday.
 > Taiwan
 
Starwood begins managing hotel run by Cuba forces
American hospitality giant Starwood began managing a hotel owned by the Cuban military on Tuesday, opening one of the biggest holes in the U.S. trade embargo on Cuba since Presidents Barack Obama and Raul Castro declared detente in December 2014.
 
Puerto Rico financial rescue package wins Senate test vote
A rescue package for debt-stricken Puerto Rico has survived a test vote in the Senate, just two days before the island is expected to default on a US$2 billion debt payment.
 
Toyota announced Wednesday it is recalling 1.43 million vehicles for defective air bags and another 2.87 million vehicles for faulty fuel emissions controls.
 
North American leaders confront rising tide of protectionism
North America's leaders, at their summit in the Canadian capital, are confronting a rising tide of economic protectionism and nationalism.
 
West Africa economies losing out to illegal fishing: report
"Catastrophic" levels of illegal fishing in west Africa are costing the region millions in lost revenue and hundreds of thousands of jobs, a development think tank said Wednesday.
 
Amid lingering concerns over the local economy, Taiwan's consumer confidence index (CCI) for June fell to its lowest level in two and a half years, National Central University (NCU) said.
 > Taiwan
 
Global stock prices rose Wednesday in a second day of recovery from a sharp-sell off prompted by Britain's vote to leave the European Union.
 
Google is trying to make it easier for you to manage the vast pool of information that it collects about your online activities across phones, computers and other devices.
 
Furniture giant Ikea said Tuesday it was recalling more than 35 million chests and dressers in North America after six children died in the United States when they tipped over.
 
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