Yageo (國巨) shareholders yesterday blocked the company management's bid to initiate a NT$500 million private equity deal via a vote that failed to produce the two-thirds majority consent threshold required by regulators, during the company's shareholders' meeting.

In order to prevent “bogus information” and promote information transparency in the real estate market, the Taipei City Government introduced the Taipei Real Estate Transaction Information Management Regulation yesterday, which was the first of its kind in the nation.

Shares in Taiwan ended slightly higher Tuesday after trading in a narrow range amid cautious sentiment ahead of the United States Federal Reserve's upcoming policymaking meeting, dealers said.

The Tokyo-based Asian Productivity Organization (APO) inaugurated its Center of Excellence on Green Productivity in Taipei on June 17, paving the way for Taiwan to showcase its sectorwide capabilities on the international stage.

The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.03 to close at NT$30.002 with the help of the central bank's intervention, dealers said.

Taiwanese Major League pitcher Chien-Ming Wang's seven shutout innings led the Toronto Blue Jays to a 7-2 victory over the Texas Ranger Sunday, extending the Canadian team's winning streak to five games.

Interior Minister Lee Hong-yuan (李鴻源) yesterday said that an Act Governing the Punishment of Violation of Road Traffic Regulations amendment will be proposed to compel drivers to take drunk-driving tests without first gaining consent from prosecutors.

Many leading Taiwan- and overseas-based businesses are having difficulty finding suitable land for use in Taiwan, according to government officials.

The Citizen Congress Watch (CCW) accused the Legislative Yuan of misconduct yesterday, with the group claiming that legislators in charge of the Accounting Act amendment had neglected to publicize negotiation documents.

Former Control Yuan chief Wang Tso-yung (王作榮) yesterday received the Order of Propitious Clouds with Special Grand Cordon (一等卿雲勳章) from President Ma Ying-jeou.