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Tuesday, April 15, 2014
Amid the increasing proof of the promising future of wearable devices, Taiwan's high-tech industry has stepped up investments in the area and is likely to see a good start this year.
Taiwan Stock Exchange (TWSE) data shows that foreign institutional investors (FINIs) last week overbought local shares worth NT$21.41 billion, an over 40-percent drop from the NT$36.45 billion a week earlier.
Shares in Taiwan ended lower in thin trading Monday as investors stayed on the sidelines following recent losses on the U.S. stock market.
China's economic expansion slowed in the first three months of this year, according to an AFP survey, and remains on track for its worst annual performance in nearly a quarter-century as reform priorities trump growth concerns.
Singapore's economic growth slowed sharply in the first three months of the year, data showed Monday, but the central bank stood pat on monetary policy, saying it would be lifted by a pick-up in global growth.
Uber meets local lookalikes in taxi-app war
Riding on its startup success and flush with fresh capital, taxi-hailing smartphone app Uber is making a big push into Asia. There's a twist, though: Instead of being the game-changing phenomena it was in the U.S., Uber faces a slew of competitors using similar technology.
Foreign direct investment (FDI) in Indonesia may double the average growth rate of FDI going into other emerging markets, which was estimated to have reached about 10 percent a year, Investment Coordinating Board (BKPM) Chief Mahendra Siregar said.
Monday, April 14, 2014
State-run CPC Corp. (中油) announced yesterday that based on the latest movements of its floating oil price index, the price of domestic fuel will remain unchanged remained unchanged over the course of this week.
Four trade shows for motor vehicles and auto parts that closed Saturday are expected to generate a total of around US$600 million in business for the exhibitors, the organizers said.
Fastener Taiwan brings big talent and eyes big money
With its first rendition at the Kaohsiung Exhibition Center, Fastener Taiwan, held once every two years, begins today.
  
  
  
  
  
  
  
  
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