Archive for October, 2015
Asia stocks muted, NZ dollar jumps on China 1-child change
Asian stock markets were muted Friday on renewed expectations for a Fed rate hike this year while the New Zealand dollar jumped on prospects of increased dairy exports after [...]
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Asian shares edge up, Nikkei gyrates as BOJ holds steady
Asian shares edged up on Friday, on track for their biggest monthly rise since January 2012 but headed for weekly losses as investors fretted about the possibility United [...]
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HK Dollar Peg Intervention Swells to Biggest Since 2009
The Hong Kong Monetary Authority bought the most US dollars in six years this month to keep its currency within the allowed trading band amid stock inflows and signs the city [...]
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London, HK most at risk of housing bubble, UBS says
Sydney house prices are significantly overvalued and vulnerable to a sharp correction should interest rates rise, UBS Group has warned. Real housing prices in Sydney had [...]
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Kidnapped HK tycoon rescued in Taiwan
Gaunt and frightened tycoon rescued from 38-day kidnap ordeal after gang demanded GBP 6 million ransom A Hong Kong tycoon has been rescued after being kidnapped and held [...]
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How to Make One of HK’s Busiest Streets Car-Free
A coalition is bringing back a 15-year-old proposal to make part of downtown green, with plans to turn it into a playground or urban forest. It didn’t surprise Simon Ng [...]
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London and HK Facing Housing Bubble Risk, UBS Says
London and Hong Kong are the cities most at risk of a housing bubble as real estate begins to look overvalued, according to UBS Group AG. The UK capital is now the [...]
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HK tycoon kidnappers demanded HK$70 million ransom in bitcoins
Taiwan police have so far arrested 15 people in connection with the kidnapping of Hong Kong tycoon Wong Yuk-kwan. Wong, 68, chair of Pearl Oriental Oil Ltd (00632.HK), was [...]
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Beijing attacks Taiwan’s national defense report
An Fengshan, spokesperson of China’s Taiwan Affairs Office, has criticised the new national defense report published by the Republic of China Armed Forces on October 27 [...]
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Cabinet unveils economic stimulus package
The Cabinet on Friday announced short-term stimulus measures including subsidies for the purchase of energy-efficient home appliances and domestic travels in a bid to boost [...]
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Taiwan economy shrinks for first time in six years
Taiwan’s economy suffered its first quarterly shrinkage since the height of the global financial crisis, hitTaiwan’s economy suffered its first quarterly [...]
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Grounded: Taiwan’s US-Made Attack Helicopter Fleet is Rusting Away
The Republic of China Army is currently investigating the grounding of the majority of its AH-64E Apache “Guardian” attack helicopters purchased from the United [...]
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Taipei: China set to invade, retake Taiwan in 5 years
China has completed its planned build-up of joint forces for military engagement against Taiwan and is on its way to ensure victory in a decisive battle by 2020, [...]
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Taiwan eyes acquisition of anti-submarine warfare helicopters
Taiwan is seeking to procure Sikorsky MH-60R Seahawk anti-submarine helicopters from the United States, the Taiwanese Navy’s Chief of Staff said. Vice Adm. Hsiao [...]
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Taiwan ranks 11th in global Doing Business report
Taiwan placed 11th among 189 economies worldwide in the Doing Business 2016 survey released October 28 by the World Bank. Scoring 80.55 points out of a possible 100, the [...]
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