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May 28, 2017

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MOST READ
1
Hotai Motor's profits jump two-fold despite stagnant sales. How did they do it?
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Police bust triad members for extortion
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Hong Kong independence duo plead not guilty over parliament chaos
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A new ad promoting the 2017 Summer Universiade has made it big
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JFK at 100: Why we still cherish his memory
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Business > Asia
Taiwan shares plunge amid rising geopolitical tensions
Shares in Taiwan took a beating Friday, ending more than 1 percent lower as sentiment was affected by rising geopolitical tensions after the United States dropped a powerful bomb in Afghanistan earlier in the day, dealers said.
 
Gogoro to increase battery-swapping stations
Taiwan-based smartscooter maker Gogoro Inc. unveiled plans Friday to expand its network of battery-swapping stations into the country's western regions, after installing 19 new stations in Kaohsiung and Tainan earlier this year.
 
A robotic leg brace to help paralyzed people walk
Toyota is introducing a wearable robotic leg brace designed to help partially paralyzed people walk.
 
TSMC records 12% quarterly drop in Q1 net profit
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip maker, on Thursday reported a quarterly drop of more than 12 percent in its first-quarter profits, citing the slow season effects.
 
Hon Hai reportedly one of four bidders for Toshiba IC assets
Taiwan-based manufacturing giant Hon Hai Precision Industry Co. (鴻海) has become one of four bidders eyeing Toshiba Corp.'s memory chip assets after the financially troubled Japanese firm narrowed down the potential buyer list, Japan's Yomiuri Shimbun newspaper reported Thursday.
 
Asian and European stock markets moved cautiously Wednesday as global geopolitical risks continued to gnaw at investor sentiment following last week's U.S. missile strike on Syria and soaring tensions on the Korean peninsula.
 
Growth in China's auto sales plunged in March as demand for SUVs weakened and purchases of sedans contracted, an industry group reported Tuesday.
 
Tough ride ahead
A Cambodian boy herds his cows through a grass field at through Krasang Chrum village outside Phnom Penh, Cambodia, Tuesday, April 11.
 
The World Bank says the Philippines will remain a top performer in East Asia, with its economy forecast to grow close to 7 percent in the next three years.
 
Developing Asian countries will drive the world economy in the next two years, the Asian Development Bank (ADB) said Thursday, but it warned of uncertainties from the United States and Europe.
 
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