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July, 2, 2016

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Life in blue and white
Hsu Ming, left, editor of a new book on grading Yuan Dynasty (1271-1368) blue-and-white porcelain, speaks at a press event in this file photo taken in Kaohsiung. The book (Chinese name: 大元至寶) is a joint effort by scholars and collectors from both sides of the Taiwan Strait.
 
A whole yacht of money
A man is at the rudder of the latest yacht by Horizon Yachts Group (嘉鴻遊艇) in Kaohsiung on Tuesday, June 21. The yacht-maker received an order from an Australian buyer for the US$130 million yacht on Tuesday, the day it was unveiled. The vessel will be displayed at a yacht expo in Sydney at the end of June.
 
Premier Lin Chuan said Tuesday that the government's defense budget for 2017 is not likely to reach 3 percent of gross domestic product (GDP), given the country's tight financial situation.
 
China Airlines workers' union asks for  stability amid voting on strike plan
The China Airlines (CAL) Employees Union called Monday for stability and said its members want nothing more than their jobs, while members of a different flight attendant union prepare to vote on whether or not to launch strike action.
 
The mainland bond market, worth approximately 48 trillion yuan (US$7.3 trillion), is the third-largest in the world, behind the United States and Japan.
 
China has built the world's fastest supercomputer using locally made microchips, a survey said Monday, the first time the country has taken the top spot without using U.S. technology.
 
First trade deficit since January hits Japan in May
Japan fell into a trade deficit in May, the first since January, the finance ministry said Monday, as renewed yen strength pressured exports.
 
With worse-than-expected economic momentum, export orders fell 5.8 percent year-on-year to US$33.73 billion in May, marking the 14th month of consecutive decline.
 
Minister without portfolio Shih Chun-chi (施俊吉) has been designated to serve as the new chairman of the Taiwan Stock Exchange Corp. (TWSE), replacing the outgoing Le Shu-der (李述德), who will retire after the expiration of his current term, the Chinese-language United Evening News reported on Monday, citing Cabinet sources.
 
The U.S. dollar fell against the New Taiwan dollar Monday, shedding NT$0.129 to close at NT$32.256 as fears over a possible departure by the United Kingdom from the European Union waned to some extent, dealers said.
 
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