Business Headline

Wei Ying-chung stays in custody
Wei Ying-chung stays in custody


Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Ting Hsin International key owner Wei Ying-chung will remain in custody for the time being, the Changhua District Court decided early...full story
updated 2014-10-31 03:06 PM
The Business Gallery
In this photo made on Monday, Sept. 22, 2014, work continues at a construction site in Pittsburgh. The threat of rising interest rates is raising real fears about real-estate mutual funds. (AP Photo/Keith Srakocic) In this photo taken on Sept. 17, 2014, Elaine Timms, an employee of Phoenix of Anderson, sorts fabrics inside the company's warehouse in Williamston. S.C. The Commerce Department releases third-quarter gross domestic product on Thursday, Oct. 30, 2014. (AP Photo/Anderson Independent Mail, Nathan Gray) In this Thursday, Oct. 16, 2014 photo, Dorathy Vargas, foreground, uses a computer to search for a job at the office of CONNECT, a coalition of local organizations that provides employment services in Chelsea, Mass. The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week on Thursday, Oct. 30, 2014. (AP Photo/Michael Dwyer) Trader Christopher Lotito works on the floor of the New York Stock Exchange Wednesday, Oct. 29, 2014. Major stock indexes traded in a tight range in the early going as investors wait for word from the Federal Reserve and mull over a mixed batch of earnings results. (AP Photo/Richard Drew) This undated aerial photo released by Softbank Corp. shows the Japanese telecommunications and Internet company's Tottori-Yonago Solar Park which started commercial operation on Feb. 1, 2014 in Yonago, Tottori Prefecture, western Japan. Softbank Corp., which has bought Sprint Corp. of the U.S., moved into the solar business after the Fukushima crisis. Softbank In this Oct. 27, 2014 photo, a realty sign is posted in front of a home for sale in Carlsbad, Calif. Freddie Mac reports on average U.S. mortgage rates for this week on Thursday, Oct. 30, 2014. (AP Photo/Lenny Ignelzi) FILE - This July 25, 2011 file photo shows Hershey's chocolate in Overland Park, Kan. The cost of the ingredients in chocolate is rising, and the nation This undated aerial photo released by Softbank Corp. shows the Japanese telecommunications and Internet company's Shiraoi Solar Park which started commercial operation on Oct. 16, 2014 in Shiraoi in Hokkaido, northern Japan. Softbank Corp., which has bought Sprint Corp. of the U.S., moved into the solar business after the Fukushima crisis. Softbank Marlboro cigarettes are displayed at a Walgreens pharmacy, Wednesday, Oct. 29, 2014 in New York. Altria Group Inc., which markets the cigarettes through its subsidiary, Philip Morris USA, reports third quarter earnings Thursday Oct. 30, 2014. (AP Photo/Mark Lennihan)
    Updated: 2014撟?1??01? 03:00 GMT+08:00
Business
 
Wei Ying-chung stays in custody Wei Ying-chung stays in custody

Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Ting Hsin International key owner Wei Ying-chung will remain in custody for the time being, the Changhua District Court decided early....Fullstory

2014-10-31 03:06 PM

AbbVie hikes forecast, tops Street expectations
By TOM MURPHY
Associated Press

The drugmaker AbbVie surprised Wall Street on Friday with a third-quarter performance that turned out much better than expected and a new 2014 forecast that....Fullstory

2014-10-31 09:42 PM

Nissan recalls Infiniti SUVs to fix air bags

Associated Press

DETROIT (AP) -- Nissan says it's recalling more than 1,800 Infiniti SUVs in the U.S. for an air bag problem that could send shrapnel into....Fullstory

2014-10-31 09:42 PM

North Korean Ebola policies hit tourism businesses
By DIDI TANG
Associated Press

BEIJING (AP) -- North Korea's quarantine of foreigners to prevent Ebola has not disrupted business with the nation's largest trading partner, Chinese businesspeople say, although....Fullstory

2014-10-31 09:22 PM

Daimler takes 25 pct stake in Italy's MV Augusta

Associated Press

BERLIN (AP) -- Daimler says it is taking a 25-percent stake in Italian motorcycle maker MV Augusta for an undisclosed amount. Daimler AG said Friday that....Fullstory

2014-10-31 09:01 PM

Pirate Bay founder jailed for hacking Danish data

Associated Press

COPENHAGEN, Denmark (AP) -- A Danish court has sentenced the Swedish founder of file-sharing site The Pirate Bay to 3? years in prison after he....Fullstory

2014-10-31 08:42 PM

Russia central bank in surprisingly big rate hike

Associated Press

MOSCOW (AP) -- Russia's central bank has raised its main interest rate by more than anticipated as it tries to stem the ruble's fall. The bank....Fullstory

2014-10-31 08:22 PM

Acer to land Chrome OS laptops, desktops in Taiwan Acer to land Chrome OS laptops, desktops in Taiwan

Central News Agency

Taiwanese computer maker Acer Inc. said on Friday it plans to begin selling its laptops and desktop computers running Google's Web-based Chrome OS in Taiwan....Fullstory

2014-10-31 07:34 PM

Emerging countries to make up 60% of world's economy in 2026: expert

Central News Agency

Taipei, Oct. 31 (CNA) If the current economic growth pattern continues, emerging countries are set to comprise about 60 percent....Fullstory

2014-10-31 07:24 PM

Toshiba Launches System Power Management IC for Mobile Products

Associated Press

TOKYO--(BUSINESS WIRE)--Oct 31, 2014--Toshiba Corporation (TOKYO:6502) today announced the launch of a system power management IC, "TC7734FTG," for mobile products, such as tablets and smartphones.....Fullstory

2014-10-31 07:01 PM

US stocks open higher, following gains in Asia

Associated Press

NEW YORK (AP) -- U.S. stocks are opening higher following big gains in Asia after Japan made moves to rev up its economy. The Standard &....Fullstory

2014-10-31 10:01 PM

Exxon defies low oil price with refining strength Exxon defies low oil price with refining strength
By JONATHAN FAHEY
Associated Press

NEW YORK (AP) -- ExxonMobil Corp.'s refining and chemical operations rescued the company's third quarter results amid falling global oil prices and lower oil and....Fullstory

2014-10-31 09:42 PM

UK Treasury chief set to pay off World War I bonds

Associated Press

LONDON (AP) -- Britain is repaying some of the 2 billion pounds ($3.2 billion) it still owes investors who helped finance World War I. As Europe....Fullstory

2014-10-31 09:42 PM

US consumer spending down 0.2 percent in September
By MARTIN CRUTSINGER
Associated Press

WASHINGTON (AP) -- U.S. consumer spending fell in September, the first decline in eight months, as shoppers took a breather after a big spending spree....Fullstory

2014-10-31 09:22 PM

Exxon posts surprise profit jump on refining
By The Associated Press
Associated Press

IRVING, Texas (AP) -- ExxonMobil Corp. profits rose 3 percent in the third quarter as strong refining performance offset lower revenues from falling oil prices....Fullstory

2014-10-31 08:42 PM

The Estee Lauder Companies Acquires RODIN olio lusso

Associated Press

NEW YORK--(BUSINESS WIRE)--Oct 31, 2014--The Estee Lauder Companies Inc. (NYSE:EL) announced today that it has acquired RODIN olio lusso, a luxury skin care brand founded....Fullstory

2014-10-31 08:22 PM

Q3 car rental sales helped by more foreign visitors

Central News Agency

Taipei, Oct. 31 (CNA) The sales generated by Taiwan's car rental business got a boost in the third quarter from....Fullstory

2014-10-31 08:04 PM

Bengbu, a city of pearl shines with culture and commerce Bengbu, a city of pearl shines with culture and commerce

Taiwan News, Staff Writer

Bengbu City is a city known for its geographic centrality in Anhui Province and for its vivid cultural-historic heritage evolved over thousands of years. Bengbu....Fullstory

2014-10-31 07:29 PM

Omega to buy out rival Aviv in $3B all-stock deal
By The Associated Press
Associated Press

Omega Healthcare will buy rival real estate investment trust Aviv in a $3 billion all-stock deal combining two companies that each run hundreds of nursing....Fullstory

2014-10-31 07:22 PM

Omega to buy Aviv in all-stock deal valued at $3B
By The Associated Press
Associated Press

Omega Healthcare is buying rival real estate investment trust Aviv in an all-stock deal worth about $3 billion. The companies said Friday that Aviv shareholders will....Fullstory

2014-10-31 07:01 PM

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