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July, 2, 2016

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Taiwan > Business
The Financial Supervisory Commission (FSC, 金管會) said Tuesday that it will push for the removal of a ban to allow Chinese retail investors to buy mutual funds in Taiwan soon.
 
From a long-term perspective, Taiwan needs to increase its use of renewable energy and natural gas power generation as it works to achieve the goal of a "nuclear-free homeland," Premier Lin Chuan said Tuesday.
 
The U.S. dollar fell against the New Taiwan dollar Tuesday, shedding NT$0.098 to close at NT$32.435 as the impact of the United Kingdom's decision to leave the European Union began to fade, dealers said.
 
For guide dogs only
This undated file photo shows a litter area for dogs at the Taipei International Convention Center. As the venue will hold the Retina International World Congress 2016 next month, new infrastructure has been added, including this green pad specifically designed for guide dogs. This is the first time that Taiwan will hold an event of such scale that will have hundreds of visually impaired visitors from all over the world in attendance.
 
Taiwan-based Advanced Semiconductor Engineering Inc. (ASE, 日月光), the world's largest integrated circuit packaging and testing services provider, said Tuesday that its sales are likely to grow quarter by quarter for the rest of the year.
 
Approximately 80 percent of Taiwanese people don't consume sports drinks during workouts, according to the "Asia Pacific Sports Nutrition Survey."
 
The Taiwan Stock Exchange (TWSE), which operates the local main board, Tuesday reminded investors that new stock name regulations have taken effect on June 27.
 
China Airlines may face strike again this Friday
National flagship carrier China Airlines (CAL, 華航) may be facing a second strike in just one week, as its labor union urged members to "go on leave" this Friday, following a breakdown of talks with the airline's new chairman, Ho Nuan-hsuan (何煖軒), Monday afternoon.
 
1st global yuan-denominated forex options unveiled
The Taiwan Futures Exchange (TAIFEX) Monday unveiled two options contracts denominated in Chinese yuan on the exchange of the U.S. dollar against the yuan to provide investors with more hedging tools.
 
Taiwan tipped as a leader in medical aesthetic industry by dermatology firm Galderma
Galderma, a global dermatology company, last Monday named Taiwan as a leader in aesthetic treatment expertise in the Asia-Pacific region.
 
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