Asia Top News and Analysis
Taiwan
Treasury keeps China on currency monitoring list. WASHINGTON, Oct 17- The United States on Tuesday declined to name China as a currency manipulator although it remained critical of the Chinese government's economic policies ahead of a planned visit to Beijing by President Donald Trump. Treasury currency report said no countries deserved the currency...
*Taiwan still has material current account surplus with U.S. *Treasury urges Taiwan to increase FX transparency. Treasury currency report, released on Tuesday, said Taiwan was removed from its currency "monitoring list" because it had continued to reduce the scale of its foreign exchange interventions since the April 2017 report.
*Taiwan to play more active, prominent role in region- President. TAIPEI, Oct 13- Taiwan is seeking to boost its regional soft power by throwing its weight behind dozens of companies investing around Asia and by promoting areas such as education and tourism as it looks to reduce its economic reliance on China. "Taiwan must play an even more active and prominent role...
*Graphic of the Reuters stock market poll results: http://tmsnrt.rs/2nHJiJ9. BENGALURU, Oct 5- Global stocks will rise even more over the coming year as optimism about the global economy grows, but a slim majority of equity strategists polled by Reuters also said the current eight-year bull run will end in 2018.. But predictions for over a third of those indexes...
This is a new two-wheeled animal, though, that millions of consumers in Beijing, Taipei, Singapore and cities across Asia are renting via phone apps to cover the last mile of journeys, leaving cars and motorcycles at home, and forgoing taxis. The two-year bike-share boom has put over 16 million bikes in China alone, according to its Ministry of Transport, with more...
This is a new two-wheeled animal, though, that millions of consumers in Beijing, Taipei, Singapore and cities across Asia are renting via phone apps to cover the last mile of journeys, leaving cars and motorcycles at home, and forgoing taxis. The two-year bike-share boom has put over 16 million bikes in China alone, according to its Ministry of Transport, with more...
SINGAPORE, Sept 26- Orange, yellow and other brightly coloured bikes have been popping up in cities across Asia, surprising residents and frequent visitors with their sudden ubiquity outside train stations and condo gates over the last two years. The two biggest bike-share operators, China- owned Ofo and Mobike, plan to be in more than 200 cities by end-2017 and...
Far Eastern, one of Taiwan's largest conglomerates, was cautious on assets in China's overcapacity sector, the company's chairman said.
Douglas Hsu, chairman of Far Eastern Group, weighs in on the upcoming 19th party congress in China and overcapacity in the country.
BEIJING, Sept 25- In his baseball cap and baggy yellow t-shirt, the rap star Li Yijie- better known by his stage name "Pissy"- is an unlikely face of China's strait-laced ruling Communist Party. His group, Tianfu Shibian, has won fans and the support of the party's youth league with songs like "Force of Red" and "This is China" that chime with President Xi Jinping's...
BRUSSELS, Sept 21- U.S. electronic chipmaker GlobalFoundries has asked European antitrust regulators to investigate market leader TSMC, accusing the Taiwanese firm of unfair competition, an industry source said on Monday. GlobalFoundries is the closest challenger to Taiwan- based TSMC in the foundry, or contract market for making chips for firms without...
Under the agreement, Google will acquire a team of HTC employees to potentially boost its growing hardware business.
TAIPEI/ SAN FRANCISCO, Sept 21- Alphabet Inc's Google said it would pay $1.1 billion for the division at Taiwan's HTC Corp that develops the U.S. firm's Pixel smartphones- its second major foray into phone hardware after an earlier costly failure. "Google has found it necessary to have its own hardware team to help bring innovations to Android devices, making them...
Companies with energy interests in disputed areas of the waterway could face harassment from China if they don't meet Beijing's demands.
*HTC to hold press conference at 0200 GMT. HONG KONG/ TAIPEI, Sept 21- Alphabet Inc's Google is set to announce a deal to acquire part of Taiwanese firm HTC Corp's smartphone operations for about $1 billion, a source with direct knowledge of the matter said on Thursday. HTC said in a filing to the stock exchange that it would hold a news conference at 10:00 a.m. Taipei...
Countries that started a regional blockade against Qatar are actually dependent on trade with the gas-rich state, Qatar National Bank said.
Several industries are tallying the costs of a potential confrontation in the South China Sea.
Artificial intelligence could benefit countries that have a shortage of a young workers.
Beijing may be using underwater drones to strengthen its ambitions in the South China Sea.
Nearly two weeks after announcing a $10 billion Wisconsin plant, Foxconn says it will be opening a multi-billion facility in Michigan, according to the South China Morning Post
