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  • TAIPEI, April 24- Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources. Shipment estimates for the smartwatch, Apple's first wearable gadget that went on sale on Friday, vary widely as it's a relatively new type of consumer product and the market is largely untapped.

  • Taiwan not among 57 charter members of China's Asian Bank Wednesday, 15 Apr 2015 | 2:06 AM ET

    BEIJING— China on Wednesday announced the 57 intended charter members of the proposed Chinese-led Asian Infrastructure Investment Bank, with longtime rival Taiwan left off the list despite expressing a desire to join. Taiwan's exclusion means it won't participate in drawing up the bank's foundational documents and governance rules, although Beijing...

  • China clings to strong yuan despite export slowdown Tuesday, 14 Apr 2015 | 5:16 AM ET

    *China exports unexpectedly tumbled 15 pct in March. According to Goldman Sachs, its yuan trade-weighted index has jumped 13 percent since June last year, and the currency's strength is a key reason for China's disappointing export sales. The reluctance to weaken the currency comes after China's capital and financial account recorded a deficit of $91.2...

  • ITU, Brazil, April 13- The Brazilian iPhone was meant to mark a new era. Foxconn has created only a small fraction of the 100,000 jobs that the government projected, and most of the work is in low-skill assembly. That Brazil has so little to show for the Foxconn investment underscores the shortcomings of its industrial policy, defined by costly tax incentives that...

  • BEIJING/ TAIPEI April 1- China welcomes Taiwan's decision to apply to join the Beijing-led Asian Infrastructure Investment Bank as long as the self-ruled island uses an appropriate name, state news agency Xinhua reported on Wednesday. Most countries, including the United States, do not recognise Taiwan due to pressure from China. Taiwan is not a member of the...

  • HANOI, March 31- Thousands of workers at a major factory in southern Vietnam went on strike for a fifth day on Tuesday in protest over social insurance cover, in rare show of labour unrest in a country positioning itself as a future Asian manufacturing powerhouse. Witnesses in the industrialised suburbs of Ho Chi Minh City said hundreds of workers massed...

  • *Shanghai, Hong Kong, Seoul, Taipei shares to rise through 2015. BENGALURU, March 31- Shares in China and other East Asian markets will extend their rally this year, buoyed by additional policy easing expected from Beijing and other regional central banks, a Reuters poll showed. "mainland government has shown a clear attitude in supporting the stock market as it is a...

  • Vietnam hit by rare strike at major footwear factory Tuesday, 31 Mar 2015 | 2:44 AM ET

    HANOI, March 31- Thousands of workers at a major factory in southern Vietnam went on strike for a fifth day on Tuesday in protest over social insurance cover, in rare show of labour unrest in a country positioning itself as a future Asian manufacturing powerhouse. Witnesses in the industrialised suburbs of Ho Chi Minh City said hundreds of workers massed...

  • SEJONG, South Korea/ SEOUL, March 27- South Korea hopes its infrastructure companies will benefit from the country joining the China-backed Asian Infrastructure Investment Bank, the finance ministry said on Friday. China has set March 31 as the deadline for joining the bank as a founder member, which will be capitalized at an initial $50 billion to provide...

  • SEJONG, South Korea/ SEOUL, March 27- South Korea hopes its infrastructure companies will benefit from the country joining the China-backed Asian Infrastructure Investment Bank, the finance ministry said on Friday. China is South Korea's biggest trading partner and the two countries are set to sign a free trade agreement in the first half of this year.

  • TAIPEI/ SINGAPORE March 24- Taiwanese President Ma Ying- jeou flew to Singapore on Tuesday to pay his respects after the death of the city-state's first prime minister, Lee Kuan Yew, a diplomatically sensitive visit given China's stance that Taiwan is a renegade province. China, which maintains a close relationship with Singapore, holds that there is only "One...

  • DIARY-Emerging Markets Economic Events to April 6 Monday, 23 Mar 2015 | 8:02 PM ET

    MAKATI CITY, Philippines- Asian Development Bank to release Asian Development Outlook Report 2015- 0130 GMT. MANILA- Philippines Investment Forum 2015. Philippines President Benigno S Aquino III, Philippines Finance Secretary Cesar Purisima and Philippines Central Bank Amando M Tetangco Jr are the key speakers. PRAGUE- Czech Republic Finance Minister...

  • *Tencent joins Alibaba, Baidu in car ventures. Hon Hai, WeChat operator Tencent and luxury car dealer China Harmony Auto Holding Ltd signed an agreement to work together in the Chinese city of Zhengzhou, Henan province, the contract manufacturer said without detailing specifics. The partnership would put Tencent on a par with online peers Alibaba Group Holding...

  • TAIPEI/ TOKYO, March 20- Taiwan's Hon Hai Precision Industry Co is considering joining efforts to help rescue Japanese electronics maker Sharp Corp, the company said in a statement late on Friday. The world's largest contract electronics manufacturer, Hon Hai bought a 38 percent stake in a Sharp Corp TV panel plant in Sakai, Japan in 2012. It has been investing in...

  • *Chairwoman Cher Wang to double as CEO. TAIPEI, March 20- HTC Corp on Friday named Cher Wang as chief executive, giving its founder and chairwoman a bigger role in leading a potential turnaround of the Taiwanese smartphone maker. She replaces Peter Chou, who will lead product development as head of the HTC Future Development Lab, an executive role focusing on...

  • TAIPEI, March 3- Taiwan has ordered Alibaba Group Holding Ltd to withdraw from the island within six months because the online retailer had violated investment rules required for a Chinese company, an economics ministry official said on Monday. Alibaba has been fined T $120,000 and must withdraw or transfer its holdings from its operation in Taiwan, Emile M.P....

  • TAIPEI, March 3- Alibaba Group Holding will provide Taiwan with the information required about its business, Executive Chairman Jack Ma said on Tuesday, after the government ordered the Chinese e-commerce giant to withdraw from the island within six months. Ma told reporters in Taipei that Alibaba's mistake was the "lack of sufficient communication" with the...

  • TAIPEI, March 3- Alibaba Group Holding's executive chairman said on Tuesday his company will provide documents required by the Taiwan government after the island ordered the Chinese company to withdraw from the country within six months.

  • TAIPEI, March 3- Taiwan has ordered Alibaba Group Holding Ltd to withdraw from the country within six months because the online retailer had violated investment rules required for a Chinese company, an economics ministry official said on Monday. Alibaba has been fined T $120,000 and must withdraw or transfer its holdings from its operation in Taiwan, Emile M.P....

  • Invest in Taiwan, says Allianz Global   Monday, 2 Mar 2015 | 12:23 AM ET
    Why Allianz Global likes Taiwan

    Kunal Ghosh, emerging market portfolio manager at Allianz Global Investors, outlines the factors that make Taiwan an attractive market.