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Thursday, January 22, 2015
The nation's two major electronics retailers E-Life Mall (全國電子) and Tsann Kuen (燦坤) have kick-started special sales to prepare for the upcoming shopping season for Chinese New Year.
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HTC to bring budget 4G phones to local market
Taiwanese smartphone maker HTC Corp. announced yesterday that it will introduce budget 4G phones in a bid to make headway in the as yet untapped under-NT$5,000 market.
 > Taiwan
The finance minister yesterday objected to a claim that the National Taxation Bureau (國稅局) is targeting the Taipei City mayor, saying that auditors are also investigating President Ma and Sean Lien (連勝文) for tax evasion.
 > Taiwan
Taiwan's Acer Inc. (宏碁) and Asustek Computer Inc. (華碩) saw their personal computer shipments fall in the Asia-Pacific region last year, but one of the two still outperformed the overall market, tech research company IDC said.
 > Taiwan
Local dynamic random access memory (DRAM) stocks generally moved higher Wednesday morning on expectations that demand will stabilize in the second quarter after the traditionally slow first quarter, dealers said.
 > Taiwan
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.143 to close at NT$31.553 as traders here bought into the local unit throughout the session, taking cues from a rise in other regional currencies, dealers said.
 > Taiwan
Shares in Taiwan closed up Wednesday above 9,300 points as foreign institutional investors bought in the spot market in a bid to make profits in the futures market, dealers said.
 > Taiwan
The Bank of Japan (BOJ) on Wednesday slashed its inflation outlook as plunging oil prices dent efforts to slay deflation, but policymakers boosted their growth forecasts and said the economy was rebounding.
 > Japan
The world's biggest miner BHP Billiton Wednesday said it was cutting back its operating U.S. shale oil rigs by 40 percent amid slumping prices, but expected production output to rise for the financial year.
Deflation fears in the eurozone are “totally exaggerated” and being used as a pretext to push through new controversial measures, the ECB's former chief economist said in a newspaper interview Wednesday.
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