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December, 4, 2016

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Business > Asia
Nearly US$60 billion passed through China's biggest illegal online casino before it was broken up by authorities, a court said.
 
Action Electronics Co. General Manager Chang Jing-hu announced yesterday that the company's subsidiary Kolin had earned revenues of over NT$1 billion this year.
 
Blossoming innovations
Japanese photographer Mika Ninagawa stands with four models to present ASUS' new collection of flower-themed laptops, tablets and cellphones. Ninagawa collaborated with ASUS on these new electronic gadgets to add a splash of vibrant color to the brand's products.
 
Torinoichi festival in Tokyo
A customer holds a "Kumade," or "good luck rake," during Torinoichi festival at Hanazono Shrine in Tokyo, Wednesday, Nov. 23. At the festival, many street stalls sell kumades decorated with lucky charms that bring in prosperous business and good fortune.
 
Huge bank queues have become a ubiquitous sight across India after the government suddenly withdrew the two highest denomination notes from circulation two weeks ago -- but now you can hire-a-queuer online.
 
Taiwan's average wealth level in 2016 stands at US$172,800, which is well above those of most countries in the Asia-Pacific region and similar to that of Western Europe, according to the Credit Suisse Research Institute's latest Global Wealth Report.
 
Taiwan has been ranked as the world's fifth most-favored country or area as a travel destination, Agoda.com, one of the world's largest hotel booking sites, said Wednesday.
 
Fitch sees 'weak' Q4 as India cash crunch bites
Ratings agency Fitch said Tuesday it would revise down its India growth forecasts for the fourth quarter of 2016 after the country's shock move to pull most of its currency out of circulation.
 
Chinese e-commerce giant Alibaba Group sees "huge potential" in the Indonesian market as the government, through a recent e-commerce road map, pushes efforts in developing the sector to make the country the biggest digital economy in Southeast Asia by 2020.
 
China's President Xi Jinping signed new trade deals on Monday with Peru, one of its partners in its drive to boost world trade in the face of protectionist stirrings.
 
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