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July, 28, 2016

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Business
Hong Kong booksellers braving China chill for publishers
Hong Kong publishers' latest works on sensitive Chinese topics went on show at a book fair this week, despite the chill persisting from recent detentions of five local booksellers.
 
Unemployment rises with entry of new graduates into market
Due to new graduates entering the workforce, the unemployment rate in June rose 0.08 percentage points to 3.92 percent, according to a government census report.
 > Taiwan
 
US banks get Brexit boost but face longterm pain
Large U.S. banks got a lift from the June "Brexit" vote in the second quarter, but could face long-term pain from a British retreat from the European Union.
 
VCR headed for outdated tech heaven
The clunky videocassette recorder is going the way of floppy disks, eight-track tapes and camera film as the world's last manufacturer ends production of the once booming home-video technology.
 > Japan
 
Visa earnings fall on costs tied to Visa Europe
Credit and debit card processor Visa Inc. said its fiscal third-quarter earnings fell 76 percent from a year ago, largely due to the cost of completing its purchase of its operations in Europe.
 
The Japan launch of "Pokemon Go" on Friday included the game's first partnership with an outside company: fast-food giant McDonald's.
 > Japan
 
The industry production index compiled by the Economics Ministry rose 0.88 percent to 107.61 in June, which marked the second month of consecutive growth and signaled a potential economic rebound.
 > Taiwan
 
Stock markets turned higher on Friday after surveys suggested the eurozone economy is proving resilient to the uncertainty surrounding Britain's Brexit vote.
 
Nigeria's President Muhammadu Buhari on Thursday said the government was in talks with oil rebels whose attacks have hit production, as the head of the state-run energy firm laid bare damage to the sector.
 
Sounds Fancy
Visitors to the Janfusun Fancyworld in Kukeng Township of Yunlin County, southern Taiwan can experience the virtual reality (VR) performance of a Tyrannosaurus Rex flying over a jeep car, a new recreation service available at the amusement park of the Fancyworld in the summer time. Tyrannosaurus Rex is one of the key animals seen in the famous film, "The Lost World: Jurassic Park."
 > Taiwan
 
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