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May, 26, 2016

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Business
The U.S. dollar held gains against the yen Wednesday after risk appetite among Asian investors jumped on the back of rising expectations of a rise in U.S. borrowing costs.
 
Online restaurant reservation company EZTABLE announced Wednesday a new global strategic alliance with Ikyu, a popular online travel and restaurant booking site in Japan.
 
Oil prices edged towards US$50 a barrel in Asia Wednesday after a larger-than-expected dip in U.S. stockpiles resulting from wildfires that have disrupted oil production in Canada.
 
Toyota and Volkswagen announced separate partnerships Tuesday with rideshare companies Uber and Gett, in the latest such moves by major carmakers.
 
British retail giant Marks and Spencer posted sliding annual earnings Wednesday, and its share price sank after warning that a new turnaround plan for its clothing division would hit profits.
 
Hewlett Packard Enterprise is continuing to slim down by selling its business services division to competitor Computer Sciences Corp.
 
Taiwan's mortgage loans showed a 4.18 percent increase year-on-year in April, but the central bank has warned against jumping to the conclusion that the local property market was actually rebounding.
 > Taiwan
 
Chinese tech giant Huawei said Wednesday it has filed patent infringement lawsuits against South Korean mobile phone rival Samsung in the United States and China, in a case that highlights the rise of Asian competitors as technology creators.
 
Rice dumpling feast
In this Wednesday, May 25 photo, rice dumplings of different flavors and fillings are on display at Taipei City's Nanmen Market, which hosted an activity to warm up for the upcoming Dragon Boat Festival. The famous traditional market arranged a banquet featuring different kinds of rice dumplings wrapped in bamboo leaves. Rice dumplings are a must for the festival, which falls on June 9 this year.
 > Taiwan
 
An app that allows rural doctors to seek advice remotely from experts on Tuesday won Africa's first prize recognizing new technology that boosts health on the continent.
 
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