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Thursday, August 21, 2014
Cathay Life Insurance (國泰人壽) yesterday announced that the company has purchased a prime property in London, marking the first acquisition by a Taiwanese life insurance carrier since the Financial Supervision Commission's (FSC,金融監督管理委員會) approval of overseas real estate investments for the sector.
Taiwan's export orders totaled US$38.18 billion in July, up 5.7 percent year-on-year and marked a six-month growing streak, based on a report released by the Ministry of Economic Affairs (MOEA) yesterday.
The U.S. dollar rose against the Taiwan dollar Wednesday, gaining NT$0.005 to close at NT$30.047 after moving in a narrow range on thin turnover, dealers said.
Shares in Taiwan extended gains Wednesday from a session earlier as buying rotated to the financial sector, which had been lagging behind the broader market, dealers said.
Wednesday, August 20, 2014
Taiwan -- Actor issues apology after arrest in Beijing
Following Taiwanese actor Ko Chen-tung's (柯震東) arrest in Beijing for using marijuana, Chinese state broadcaster CCTV yesterday aired video footage showing the actor's tearful apology to the public for “setting a negative example.”
Foreign Minister David Lin (林永樂) yesterday expressed confidence in Taiwan's diplomatic ties with the Holy See despite Pope Francis' latest remark Monday that he desires dialogue with Beijing and possibly a visit to mainland China.
Taiwan -- Fired for knowing too much: ex-deputy minister
In a television interview following his “forced” resignation, Former Mainland Affairs Council (MAC) Deputy Minister Chang Hsien-yao (張顯耀) yesterday said that he has prepared a suicide letter as he felt he was fired for “knowing too much.”
Taiwan -- CPDC refuses to remove pipeline on legal grounds
The removal of a pipeline around the site of the Kaohsiung gas explosions was forced to stop yesterday after China Petrochemical Development Corporation (CPDC) did not cooperate with the effort to remove the company's pipeline, saying that the government did not have a legal reason for demanding the company remove the pipelines.
The Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) yesterday announced that Taiwan's manufacturing sector accumulated gross output of NT$3.67 trillion over the second quarter of this year, improving by 8.21 percent quarter-on-quarter, and 4.94 percent year-on-year.
Taiwan -- More in Taiwan take the plunge for Ice Bucket Challenge
Celebrities and public figures in Taiwan braced themselves for having a bucket of ice water dumped on their heads Tuesday as they continued the Internet sensation meant to raise awareness about a paralyzing disease.
  
  
  
  
  
  
  
  
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