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Friday, December 19, 2014
France's highest court on Wednesday rejected an appeal by Swiss banking giant UBS, ordering it to pay a 1.1-billion-euro (US$1.3 billion) security deposit as part of a probe into allegations it helped rich French clients hide money in Switzerland.
World stock markets powered higher Thursday, sweeping aside worries about a flagging global economy after the U.S. Federal Reserve said it would remain “patient” in its approach to raising interest rates.
The ruble recovered in Asia Thursday after Russian authorities launched fresh measures to halt its collapse, while the Federal Reserve's indication that interest rates will not rise until mid-2015 supported the dollar.
Oil prices were little changed in Asia Thursday after data showed U.S. stockpiles dipping, while the Federal Reserve indicated interest rates would not be hiked until the middle of next year.
Mozambique Wednesday published a law setting the framework for energy firms Anadarko and ENI's multibillion-dollar gas projects, as the country gears up to become a leading exporter of liquefied gas.
Thursday, December 18, 2014
As much as NT$2 billion worth of credit card reward points are confiscated each year as card holders neglect to cash out the reward points, said the Financial Supervisory Committee (FSC).
 > Taiwan
As much as NT$2 billion worth of credit card reward points are confiscated each year as card holders neglect to cash out the reward points, said the Financial Supervisory Committee (FSC).
 > Taiwan
Up to 19 Uber drivers have been fined by the Transportation Ministry, and the ministry may enforce fine collections totaling NT$950,000 by year-end, at the earliest.
 > Taiwan
Tigerair Taiwan, the first Taiwan-based budget carrier to take to the skies with its launch in September, started a new service to Macau on Wednesday amid increasing competition in the low-cost air travel market.
 > Taiwan
Moviegoers in Taiwan will finally get a chance to see “Blind Massage,” the biggest winner at this year's Golden Horse Awards, when it is released in Taiwan in January, thanks to a new regulation.
 > Taiwan
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