Global and China News

Uniqlo to widen reach in Thailand with online store

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - UNIQLO, Japan's global fashion label, will open an online store for the Thai market this Friday, in a move that will complement its physical stores by offering unlimited items, nationwide coverage and around-the-clock access to consumers.

Italy has 'no banking problem': finance minister

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - Italy does not have a problem with its banks, finance minister Pier Carlo Padoan said Sunday, despite investors fretting about nearly US$400 billion of bad debts weighing down the sector.

Nepal gov't introduces new rules to promote its adventure tourism

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - The Nepalese government has enforced the Recreational Aviation Regulation 2016 amending the Aviation Sports Regulation 2012 in a bid to promote adventure tourism — touted as one of the fastest growing sectors.

Clouds gather for Turkey economy after attempted coup

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - A 6 percent loss in value of its currency, a plunge on the stock market and a downgrade by a key ratings agency.

Beijing slaps EU, Japan, Korea with steel duties

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - Mainland China said Sunday it has started imposing anti-dumping tariffs on certain steel imports from the European Union, Japan and South Korea, as Beijing itself comes under fire for similar trade practices.

Confidence in local economy weakens: survey

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - Confidence in the local economy has shown signs of weakening amid concerns that the decision of the United Kingdom to leave the European Union will send ripples through the global economy and affect domestic fundamentals, according to Cathay Financial Holding Co. (國泰金).

Indecisive Federal Reserve expected to again hold rates steady

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - In 1890, the psychologist William James wrote that there was “no more miserable human being than one in whom nothing is habitual but indecision.”

Ahold, Delhaize finalize mega-merger on US nod

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - Dutch retail giant Ahold and Belgian rival Delhaize on Saturday said they had finalized their mega-merger after U.S. regulatory authorities gave the union the green light.

Brexit is risk to global growth, says G20

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - Britain's vote to leave the European Union heightens risks for the world economy, finance chiefs from the G-20 group of leading countries said Sunday.

Retail, food/beverage sales to rise in July: MOEA

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - On the back of rising demand for the upcoming Ghost Festival, the local retail sector is expected to see sales growth in July, at a time when many retailers have aggressively launched promotional campaigns, according to the Ministry of Economic Affairs (MOEA).

Taiwan smartphone sales fall in June on economic slowdown

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - Taiwan's smartphone sales in June were affected by an economic slowdown to fall to a low for this year, according to industry sources.

6,000 people use public transportation on 'Carfree Day'

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - Six thousand people opted for public transportation last Friday for the “ASE 722 Carfree Day” organized by Advanced Semiconductor Engineering Inc.'s (ASE, 日月光) Kaohsiung plant.

Events to thrill immigrants with agriculture products

(Mon, 25 Jul 2016 00:09:00 +0800)

(ChinaPost.com.tw) - A series of marketing events will be held in Taichung from July to October to promote Taiwanese agricultural products among immigrants from Southeast Asian nations, with the goal of expanding the Southeast Asian market for these products.

Elderly women risk lives crushing rock for money in Cameroon

(Sun, 24 Jul 2016 07:00:00 +0800)

(ChinaPost.com.tw) - MAROUA, Cameroon -- In a northern Cameroon town menaced by food insecurity and suicide bombers, women as old as 85 are spending long, grueling days crushing rocks into gravel to earn a living.