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  • Asian plastic prices climb on weak Chinese supply

    TOKYO -- Three of the most widely used plastic materials are becoming more expensive in Asia amid higher crude oil prices and stricter environmental regulations on factories in China.Formosa Plastics' polyvinyl chloride resin for September shipment

    August 19, 2017 04:50 am JST
  • Taiwan raises 2017 GDP growth, sees faster pace next year

    TAIPEI (Reuters) -- Solid demand for the components Taiwan pumps out for tech gadgets has led the island to slightly raise its growth forecast for this year and predict further gains in 2018.On Friday, Taiwan nudged up the 2017 projection to 2.11 pe

    August 18, 2017 10:14 pm JST
  • Wisconsin bill giving $3bn incentives to Foxconn advances

    Wisconsin's Republican-controlled state Assembly voted 59-30 on Thursday to approve a bill that paves the way for a $3 billion incentives package for a proposed liquid-crystal display plant by Taiwan's Foxconn.The plan still needs to be approved by

    August 18, 2017 12:53 pm JST
  • Uganda's 'One China' boycott of Taiwan games called off

    TAIPEI -- The 2017 Summer Universiade gets underway on Saturday and the host city of Taipei is busy putting the finishing touches to preparations for the international collegiate sports event.However, Uganda's announcement earlier in the week that i

    August 18, 2017 09:30 am JST
  • Apple suppliers in Taiwan voice concerns following mass blackout

    TAIPEI -- Apple suppliers in export-reliant Taiwan have been expressing their concerns about the island's power supply after it was hit by a massive blackout earlier this week, again raising questions whether the administration of President Tsai Ing

    August 18, 2017 01:30 am JST
  • China Airlines sees second-half comeback after interim loss

    TAIPEI -- China Airlines fell into the red for the six months ended June on the weight of high fuel costs but remains confident about a second-half turnaround in light of strong performance in greater Asia.The Taiwanese airline posted a net loss of

    August 18, 2017 01:04 am JST
  • Taiwan to discuss lithium ion battery energy storage with Tesla following blackout

    TAIPEI -- The Taiwanese government is planning to approach Tesla to discuss the feasibility of setting up lithium ion battery facilities for storing renewable energy on the island, in line with a project the U.S. technology company recently launched

    August 17, 2017 07:48 pm JST
  • China military criticises "wrong" US moves on Taiwan, South China Sea

    BEIJING (Reuters) -- The "wrong" actions of the United States on Taiwan, its South China Sea patrols and deployment of an advanced anti-missile system in South Korea have had a large, negative influence on military trust, a senior Chinese officer sa

    August 17, 2017 03:07 pm JST
  • Foreign financial institutions set sail for Japan once more

    TOKYO -- Foreign financial institutions that fled Japan en masse following the 2008 global financial crisis are charting courses back, smelling demand from banks struggling under negative interest rates, and the government is welcoming them.Toronto-

    August 17, 2017 02:08 am JST
  • Apple shipments on track despite Taiwan blackout, suppliers say

    TAIPEI -- Three Apple suppliers said Wednesday the power outage in Taiwan the day before did affect some of their production facilities in the country, although they saw little impact on overall operation and shipments.The three suppliers were major

    August 16, 2017 09:08 pm JST
  • Shares of Taiwan's Lumax nosedive after massive power outage

    HONG KONG -- Shares in Lumax International dropped on Wednesday amid fears the Taiwanese maker of control systems for power plants and factories could come under fire after a massive blackout hit the island nation on Tuesday evening.The stock touche

    August 16, 2017 05:02 pm JST
  • Taiwan minister resigns over massive power outage

    TAIPEI -- Taiwan's minister of economic affairs, Lee Chih-kung, resigned Tuesday night, right after a massive power outage hit more than half of the 13 million households on the island as well as the iPhone chip assembler and tester Advanced Semicon

    August 16, 2017 01:49 am JST
  • Asian equity markets extend gains as North Korea holds fire

    HONG KONG (Nikkei Markets) -- Asian equity markets extended gains on Tuesday after North Korea's leader signaled the country would hold off on any decision to fire missiles toward the U.S. territory of Guam, helping lift investor sentiment.The Nikke

    August 15, 2017 02:28 pm JST
  • Subsidiary of Apple supplier Inventec to ship voice assistant HomePod in Q4

    TAIPEI -- Inventec Appliances, a subsidiary of Taiwanese contract electronics maker Inventec, indicated on Monday that it would begin to ship HomePod, Apple's upcoming voice assistant product, later this year, while a source narrowed the timeframe d

    August 14, 2017 11:38 pm JST
  • Apple suppliers boost Taiwan tech sector in July

    TAIPEI -- Taiwan's major tech companies all reported revenue increases in July, the eighth consecutive month of rises, as the Apple suppliers benefited from strong sales of iPads and Macbooks as well as recognizing sales from components for the new

    August 14, 2017 09:40 pm JST
  • Nikkei Asia300 Index recovers from weekly loss as US inflation damps Fed rate hike bets

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rebounded from a weekly loss, tracking gains on Wall Street after slower-than-expected U.S. inflation data eased expectations of another rate increase this year.The Nikkei Asia300 Index add

    August 14, 2017 09:24 pm JST
  • 'Made in Japan' label powers cosmetics exports

    TOKYO -- Japan's cosmetics exports are on track to hit another all-time high this year as Shiseido and other heavyweights accelerate efforts to attract consumers in China and other parts of Asia with the appeal of the "Made in Japan" label.These exp

    August 14, 2017 08:16 am JST
  • Company in focus

    Toshiba dithers over chip unit sale as clock ticks

    TOKYO -- Toshiba belatedly submitted its annual report for the year ended March to the Kanto Local Finance Bureau on Aug. 10, after its auditor granted conditional approval to its books, which will allow the company to stay listed on the stock marke

    August 13, 2017 12:00 pm JST
  • K-pop purveyors build bands with multinational flair

    TOKYO -- If you turned on a TV in Japan seven years ago, there was a good chance you would see a South Korean pop act gyrating away. The odds of that are lower today.Chalk it up to changing tastes, new entertainment options or politics, but there is

    August 12, 2017 06:00 pm JST
  • Taiwanese machine tool makers eye a growing Indian market

    NEW DELHI -- Seeking to tap the huge Indian market, Taiwanese machine tool makers are offering their cutting-edge products for this country's manufacturing sector, which is being aggressively promoted by the government.Machine tools such as lathes,

    August 12, 2017 02:19 am JST