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Friday, November 21, 2014
The yen drifted lower on Thursday, hitting multi-year lows against the dollar and euro as investors bet on further Bank of Japan monetary easing measures.
Oil prices edged higher in Asia Thursday but gains were capped as dealers expect Gulf members of the OPEC cartel to reject production cuts unless they are guaranteed market share, analysts said.
The drop in oil prices helped trim Japan's trade deficit in October, as exports of cars, ships and steel picked up pace.
 > Japan
Thursday, November 20, 2014
Construction of new homes fell slightly in October after a big surge in the previous month, but the weakness was largely driven by the volatile apartment sector.
Zhen Que (真鍋事業股份有限公司) and Cheng Kang Provisions Limited Liability Company (呈康食品有限公司) were discovered to have been repackaging food products and altering the expiration dates on expired food products before selling them to major retailers such as Pxmart (全聯), Taisuco (台糖), RT-Mart (大潤發), OK Mart and Mr. Brown Cafe (伯朗咖啡館), according to the Taoyuan Public Health Bureau.
 > Taiwan
Reports indicate that following his appointment to take the chairmanship of Wei Chuan Food Co. (味全), Jason Lee (李鳳翱) on Nov. 16 relayed his intention to step down from his position as the honorary chairman of the Consumers' Foundation (消基會).
 > Taiwan
Taiwan's top financial regulator has relaxed restrictions on the business scope of offshore banking units (OBUs) of local banks and offshore securities units (OSUs) of local brokerages in a bid to boost turnover of the local market.
 > Taiwan
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Lenovo Group Ltd., the world's biggest maker of personal computers, introduced its latest Yoga tablet computer line, which features a built-in projector, in Taiwan on Wednesday.
 > Taiwan
Shares of Altek Co. (華晶科) yesterday surged 7 percent, the maximum allowable intraday movement on the TAIEX on rumors that the company may supply dual-camera modules for Apple's iPhone 7 handset to be released far in the future.
Aiming to help local small- to medium-sized enterprises (SMEs) better manage their business, DBS Group Taiwan (星展銀行台灣) recently announced an array of online business tools.
DBS Taiwan to offer SME-specific online business applications
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