Global and China News

Apple's iPhone 7 launches; sold-out models leave some disappointed

(Fri, 16 Sep 2016 14:58:00 +0800)

(ChinaPost.com.tw) - Apple's iPhone 7 launch generated trademark queues and brisk sales Friday that defied gloomy expectations, with some enthusiasts left empty-handed after lining up for hours as the company announced certain models had sold out.

Building boom spurs New Zealand economic growth

(Fri, 16 Sep 2016 02:00:00 +0800)

(ChinaPost.com.tw) - New Zealand economy's maintained strong growth in the April-June quarter as record-low interest rates fuelled a construction boom, official data released Thursday showed.

Samsung recall highlights challenges of stronger batteries

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - Samsung's recall of 2.5 million Galaxy Note 7 phones after several dozen caught fire and exploded may stem from a subtle manufacturing error, but it highlights the challenge electronics makers face in packing ever more battery power into ever thinner phones, while rushing for faster release dates.

Ban rapists from hiring migrant workers: lawmaker

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - A lawmaker on Thursday proposed a lifelong ban from hiring migrant workers on persons convicted of sexual assault against their foreign employees.

World Bank President Kim heads for 2nd term, as no other nominees surface

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - World Bank President Jim Yong Kim effectively won a second five-year term after nominations to lead the global development bank closed Wednesday with no other candidates proposed.

EU hopes special licensing will help save Indonesian forests

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - The European Union has admitted Indonesia to a special licensing system it hopes will prevent the illegally felled tropical timber that makes up a substantial part of the country's wood production from being shipped to the 28-nation bloc.

KLM to stop Egypt flights from January

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - KLM says it will temporarily suspend flights to and from Cairo in January, citing “economic reasons.”

Twitter set to launch NFL streaming app

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - A new Twitter app is coming to Xbox One, Apple TV and Amazon Fire TV, where viewers will be able to watch NFL games on Thursday nights.

GOP leaders broker deal to avert vote on impeaching IRS head

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - A last-minute deal between conservatives and GOP leaders in the House has averted votes expected Thursday on a measure to impeach the commissioner of the IRS.

Facebook picks New Mexico for new data center

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - Facebook has chosen a village on the edge of New Mexico's largest metropolitan area as the location for its new data center, an announcement that spread quickly Wednesday as elected officials celebrated a hard-sought win that could have ripple effects for the state's struggling economy.

US gov't inaction 'hampering economic growth'

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - As the U.S. economy enters its eighth year of its recovery from the Great Recession, one major factor is slowing its growth: government gridlock.

British retail sales resilient in Aug.with shoppers unfazed by Brexit

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - Retail sales in Britain fell 0.2 percent in August from July, official data showed Thursday, with no real indication that the Brexit vote outcome was hurting spending.

The latest in livestock

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - French Agriculture Minister Stephane Le Foll, right, talks with a milk farmer during a visit to the 30th International Livestock Trade Fair (SPACE, Salon international des productions animales) in Saint-Jacques-de-la-Lande outside Rennes, northwestern France, on Thursday, Sept. 15.

Firms to sue over Philadelphia soda tax

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - The American Beverage Association and others filed a lawsuit Wednesday to try to block a soda tax set to take effect in Philadelphia in January.

US retail sales fare worse in August than forecast

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - Retail sales in the United States fell in August, ending the summer on a weak note after having plateaued in July, according to Commerce Department data released Thursday.

Millennials to drive diamond sales as demand softens in mainland China: De Beers

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - Slower growth in China and economic turbulence in global markets has dented the diamond industry, but millennials are offering light at the end of tunnel, say De Beers.

Acer CEO Jason Chen set to become chairman next year

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - The incumbent chief executive officer of Taiwan-based PC brand Acer Inc. (宏碁) will take the post of company chairman next year, according to Acer founder and honorary Chairman Stan Shih (施振榮).

Taiwanese firm fined for polluting Vietnam canal

(Fri, 16 Sep 2016 00:06:00 +0800)

(ChinaPost.com.tw) - A Taiwanese company has been fined US$9,000 for dumping waste water in a Vietnamese canal, an official said Tuesday, just months after another firm from the island was blamed for mass fish deaths in the country.

Prosecutor reaches $4M settlement with utility for gas leak

(Thu, 15 Sep 2016 09:00:00 +0800)

(ChinaPost.com.tw) - A utility that owns a well that leaked massive amounts of natural gas and drove thousands of families from their Los Angeles homes pleaded no contest to a criminal charge Tuesday as part of a $4 million settlement with prosecutors.

Prosecutor reaches $4M settlement with utility for gas leak

(Thu, 15 Sep 2016 08:00:00 +0800)

(ChinaPost.com.tw) - A utility that owns a well that leaked massive amounts of natural gas and drove thousands of families from their Los Angeles homes pleaded no contest to a criminal charge Tuesday as part of a $4 million settlement with prosecutors.

Alaska Airlines posts best on-time rating among US carriers

(Thu, 15 Sep 2016 07:00:00 +0800)

(ChinaPost.com.tw) - Alaska Airlines slipped past rival Hawaiian Airlines to post the best on-time rating for U.S. carriers in July.

China vows to cut aluminum output, but producers plan growth

(Thu, 15 Sep 2016 02:00:00 +0800)

(ChinaPost.com.tw) - China's leaders are promising to rein in aluminum production that is flooding global markets and threatening jobs in the United States and Europe, but its producers have ambitious plans to expand.