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February, 22, 2017

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Business > Asia
China's growth edges up but 2016 weakest year since 1990
China's economic growth accelerated slightly in the final quarter of 2016, shored up by government spending and booming real estate sales, but its full-year performance still was the weakest in nearly three decades.
 
Court denies a request to arrest Samsung's de facto head
A Seoul court denied a request to arrest Samsung Electronics Vice Chairman Lee Jae-yong, a setback to prosecutors investigating an influence-peddling scandal that toppled South Korea's president.
 
Number of furloughed workers down in early Jan.
The number of workers on unpaid leave in Taiwan in the first half of January fell further as the domestic economy showed signs of improving, according to data released by the Ministry of Labor (MOL) on Monday.
 
Europe the top market for Taiwan-made bicycles
Taiwan-made bicycles are highly competitive around the world and mostly exported, with Europe their biggest overseas market, according to the statistics published by the Ministry of Economic Affairs on Monday.
 
China 'concerned' over Hon Hai's planned expansion into US: report
Hon Hai Precision Industry Co. Chairman Terry Gou has reportedly made efforts to reassure China after indicating last year that the company may include the US as a manufacturing location.
 
Gandhi shoes spark outrage among Indians
Flip-flops bearing the face of India's independence icon Mahatma Gandhi for sale on Amazon triggered fresh outrage Sunday, days after the e-commerce giant was forced to stop selling Indian flag doormats.
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Prosecutors request arrest of Samsung heir, bribery suspect
Prosecutors requested the arrest Monday of the Samsung heir Lee Jae-yong as a bribery suspect in the influence-peddling scandal that led to the impeachment of South Korea's president.
 
South Korean prosecutors investigating a major influence-peddling scandal involving impeached President Park Geun-hye said they would decide Monday whether to arrest the heir to the giant Samsung group over alleged bribery.
 
Tsai sees textiles at core of trade
President Tsai Ing-wen (蔡英文) believes textiles should be at the heart of Taiwan's thinking in developing new global trade arrangements and strategies, the Presidential Office said in a statement Sunday.
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Japan tourism on the rise
A tourist woman takes a photo of her friend in front of Karasumori Shinto shrine in Tokyo's Shimbashi business district on Sunday, Jan. 15.
 
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