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September, 28, 2016

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  ASIAN MARKETS    Australia    China    
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Business > Asia
With the merger of FamilyMart Co. and Uny Group Holdings Co. on Sept. 1, the integrated convenience store is now competing as one of the "big three" alongside Seven-Eleven Japan Co., Japan's largest chain, and Lawson, Inc.
 
South Korean stocks led most Asian markets lower Friday after the North conducted another nuclear test, while trading was also hit by worries over global central bank policy easing.
 
Traders bought the yen and dumped the South Korean won Friday as financial markets were jolted by news that North Korea conducted another nuclear test, reigniting geopolitical tensions.
 
Medical tourism is one of the six industries to bear the brunt of the drastic decline in the number of tourists from mainland China, with a market loss estimated at NT$245 million this year, according to a special report released by the Chinese-language United Evening News (UEN).
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The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.224 to close at NT$31.510, as traders here took hints from a plunge in local equities to buy into the U.S. currency, dealers said.
 
Taiwan aims to install 1.52 gigawatts (GW) of solar photovoltaic (PV) capacity by 2018, Cabinet spokesman Tung Chen-yuan said citing a two-year renewable energy development plan devised by the Bureau of Energy under the Ministry of Economic Affairs.
 
Real estate brokerage sales in the nation plummeted 21.5 percent in the first half of 2016, marking the third straight year of double-digit decline, according to a government census report.
 
Weak Japanese growth puts pressure on Abe
Japan's economy barely grew in the second quarter, revised data showed Thursday, further calling into question Prime Minister Shinzo Abe's big-spending easy-money policy drive.
 
Nielsen's Digital Ad Ratings measures market's 'real needs'
Nielsen's Digital Ad Ratings (DAR), a global industry standard for independent ad campaign measurement used in more than 20 countries, announces its launch in Taiwan
 
The U.S. dollar fell against the New Taiwan dollar, shedding NT$0.172 to close at NT$31.240, as hopes of an immediate rate hike by the U.S. Federal Reserve were further cut by disappointing service activity data released in Washington overnight, dealers said.
 
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