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April, 30, 2016

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Three companies listed on Taiwan's stock exchange will hold investor conferences in May as part of a Taiwan Stock Exchange Corp. (TWSE) initiative to boost transparency by having listed enterprises face investors and disclose information.
 > Taiwan
 
The eurozone economy has finally recouped all the ground lost in the recessions of the past eight years after official figures Friday showed that the 19-country single currency bloc expanded by a quarterly rate of 0.6 percent in the first three months of the year.
 
Citing national interest, the Australian government on Friday blocked a Chinese-led consortium from buying the nation's largest private land holding, a collection of Outback cattle ranches bigger than South Korea.
 
Fiat Chrysler and Google's self-driving car project are in advanced talks to form a technical partnership. The talks were confirmed Thursday by a person familiar with the discussions. The person asked not to be named because the discussions are private.
 
Chinese search engine giant Baidu is planning to produce driverless cars by 2020, its chief executive said, as the company reported revenue climbed sharply in the first quarter.
 
Asian stocks mostly fell Friday following losses in New York while concerns about the global outlook were reinforced after data showed the U.S. economy grew at its slowest pace for two years in the first quarter.
 
Oil prices eased slightly in Asia Friday after hitting a series of new highs this week, bolstered by a weak U.S. dollar.
 
PetroChina shares plunged on Friday, after the mainland Chinese energy giant posted its first quarterly loss since listing overseas 16 years ago, as it struggled with the weak domestic economy and lower international oil prices.
 > China
 
German sportswear and equipment maker Puma said Friday business increased in the first quarter and that it is expecting a boost from major sporting events such as Euro 2016 and the Brazil Olympics.
 
Yahoo reshuffles board in truce with shareholder
Yahoo has reached a truce with an activist investor threatening to oust CEO Marissa Mayer and the rest of its board, removing a major distraction as the company evaluates bids to buy its internet operations.
 
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