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July, 25, 2016

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The U.S. dollar broadly rose Wednesday as another positive round of U.S. data fanned speculation the Federal Reserve will lift interest rates, while central banks elsewhere consider stimulus measures to kick start growth.
 
Consumer electronics show opens next Thursday
Models hold up placards of featured brands and their products at a press conference ahead of the Taipei Computer Applications Show (台北電腦應用展) on Wednesday, July 20. The four-day event will be held from next Thursday, July 28 to Aug.
 > Taiwan
 
Export orders in June crawled back 5.9 percent to US$35.7 billion from May, yet sank 2.4 percent year-on-year and entered the 15th straight month of decline for the nation, worse than the 12-month streak during the global financial crisis in 2008, the Ministry of Economic Affairs (MOEA) reported Wednesday.
 > Taiwan
 
Oil prices recovered slightly Wednesday from two-month lows, as traders looked ahead to U.S. energy inventory data for indications of demand in the world's biggest crude consumer.
 
The head of the New Mexico Spaceport Authority is resigning, saying she still believes in the commercial space industry and that Spaceport America has a role to play.
 
The Financial Supervisory Commission (FSC, 金管會) said Tuesday that all of the 37 banks registered in Taiwan passed a stress test held in April.
 > Taiwan
 
Visitors to Taiwan often choose to spend their time enjoying the country's food culture and scenic sites, but a group of Mexican students who visited Taiwan last week decided to create a different memory for themselves.
 > Taiwan
 
Anglo-Dutch food and consumer products giant Unilever said Wednesday it had bought the Dollar Shave Club, a U.S. startup that has shaken up the market with its subscription model.
 
China insisted its controls over some raw materials exports were legal, after the European Union followed the United States to take it to the World Trade Organization over the restrictions.
 > China
 
Shares in Taiwan closed lower Wednesday, apparently affected by weak performance of large-cap electronics stocks and the financial sector, but the market's benchmark index remained above the 9,000-point mark, dealers said.
 > Taiwan
 
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