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June, 25, 2016

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Taiwan > Business
The central bank is expected to be among its counterparts in the Asia-Pacific region that will have only limited room to ease its monetary policy, Switzerland-based banking group UBS said Monday.
 
Shares in Taiwan made a technical rebound Tuesday, led by the bellwether electronics and financial sectors, following a plunge during the previous session, dealers said.
 
Physicians call for FDA to toughen rules on tonics
Tonics that contain traditional Chinese medicine ingredients are being sold as food and not drugs -- a practice that could be putting public health at risk, physicians said Tuesday.
 
Taiwan shares plunge on global market volatility
Shares in Taiwan took a beating to close below the 8,600-point mark Monday, reflecting volatility in global financial markets caused by fears that the United Kingdom will vote to exit the European Union later this month, dealers said.
 
The Labor Ministry (勞動部) on Monday said it would push amendments that guarantee pension benefits are paid out at retirement regardless of the Labor Insurance Fund's financial state.
 
Shares in Taiwan took a beating to close below the 8,600-point mark Monday, reflecting volatility in global financial markets caused by fears that the United Kingdom will vote to exit the European Union later this month, dealers said.
 
The U.S. dollar rose against the New Taiwan dollar on Monday, gaining NT$0.210 to close at NT$32.435 as traders here rushed to park their funds in the greenback amid fears that the United Kingdom will vote to leave the European Union, dealers said.
 
Taiwan-based smartphone supplier HTC Corp. (宏達電) has secured orders placed by Google Corp. to serve as a contract maker of two of the U.S. firm's future flagship smartphones, according to tech website indiatoday in tech.
 
From the perspective of a bond investor, Asia is an exceptionally attractive region at the moment, Legg Mason Global Asset Management said in a press conference held in Taipei.
 
Inotera Memories Inc. (華亞科), a Taiwan-based leading DRAM chip-maker, said Monday that a deal in which U.S. counterpart Micron Technology Inc. will buy a stake in the Taiwanese firm is proceeding.
 
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