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Taiwan caught in US-China solar spat

The US Department of Commerce began closing a chapter in a protracted trade conflict with China over solar equipment on Tuesday, approving a collection of steep tariffs on imports from Taiwan and China. The decision, which is intended to close a loophole that had allowed ChineseFULL STORY

Local firms see upside in US trade decision

By Lisa Wang

Neo Solar Power Corp (新日光), the nation’s No. 1 solar cell maker, expects demand from the US to rebound, benefiting from a reduction in anti-dumping tariff to an average of 19.5 percent by the US Department of Commerce on solar cells imported from local firms,FULL STORY

Irrigation sources to be rationed by year’s end

By Lauly Li

Agricultural irrigation using water from Miaoli County’s Mingte Reservoir (明德水庫) and the Daan River (大安溪) in northern Greater Taichung is to cease at the end of the year to conserve supplies for household use, the Water Resources Agency said yesterday. “The Ministry of Economic Affairs willFULL STORY

Cross-strait trade in goods talks to resume next year

By Lauly Li

The 10th round of talks for a cross-strait trade in goods pact or other trade negotiations will not be held before the end of this year, Bureau of Foreign Trade Director-General Yang Jen-ni (楊珍妮) said yesterday. Yang, who led the negotiation team, returned to Taiwan yesterdayFULL STORY

RAC Electric Vehicles Inc revs up on government’s electric transport policy

By Camaron Kao

RAC Electric Vehicles Inc (華德動能), which makes electric buses and trucks, yesterday said that its domestic shipments of electric buses would more than double next year on the back of a government policy to increase the adoption of electric vehicles. The government aims to raise theFULL STORY

Global economy to step into ‘new stage’: CIER

By Amy Su

The global economy has stepped into a “new and mediocre stage” after the 2008 financial crisis, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. While the US might play the most important role in supporting the global economy, including Taiwan’s outbound shipments, strong growthFULL STORY

Baidu Inc invests in taxi app Uber

Chinese search engine Baidu Inc (百度) yesterday announced that it has bought a stake in Uber for an undisclosed sum, as the controversial US Web-based taxi app seeks to expand into an already crowded market. Baidu will also link users of its mapping and search functionsFULL STORY

Drug maker TTY eyeing up overseas acquisitions

By Camaron Kao

Drug maker TTY Biopharm Co (台灣東洋藥品) is mulling acquiring its Vietnamese partner as the company eyes overseas mergers as a way to boost its sales next year. The company is considering the acquisition because Vietnam is the country with the highest economic growth in Southeast AsiaFULL STORY

Taiwan Bussiness Quick Take

AWARDS Asustek named top brand Asustek Computer Inc (華碩) has been named the top Taiwanese global brand for the year on an annual list released yesterday by the Ministry of Economic Affairs. The ministry praised the computer maker, which was also the top brand on the 20-companyFULL STORY

Dutch privacy agency probes Facebook

A Dutch government-affiliated watchdog said on Tuesday it was investigating changes in Facebook Inc’s privacy policy, the latest skirmish in a wider fight over the commercial use of online personal data. The move came a day after The Hague-based Data Protection Agency (DPA) told GoogleFULL STORY

US jury clears Apple Inc in iPod antitrust lawsuit

A US jury on Tuesday cleared Apple Inc of abusing its dominant market position in an antitrust case over online music for the iPod. The class-action antitrust case in California’s US federal court featured videotaped testimony recorded by Apple cofounder Steve Jobs before he died inFULL STORY

Aging Dutch flower auction faces global competition

Each weekday morning, the buyers descend on Aalsmeer, about a half-hour southwest of Amsterdam, arriving at an enormous warehouse covering 200 hectares. They squeeze onto benches, glare at computer screens and — with the push of a button — bid on an encyclopedic array of flowers:FULL STORY

3D printing builds path to better cancer treatment

British scientists have developed a new use for 3D printing, putting it to work to create personalized replica models of cancerous parts of the body to allow doctors to target tumors more precisely. The initiative is the latest example of medicine harnessing the rapidly emerging technology,FULL STORY

Australia’s Woodside invests in US firm

Woodside Petroleum Ltd shares jumped yesterday following the Australian energy producer’s decision to pay US$2.75 billion to acquire stakes in liquefied natural gas (LNG) projects from US firm Apache Corp. The deal came as Woodside delayed a decision on Tuesday to invest in the Browse gas-exportFULL STORY

World Business Quick Take

TRADE Exports ease Japan deficit Japan’s trade deficit last month shrank by nearly a third from a year ago, helped by higher exports and falling oil bills, although the volume of shipments to foreign markets remained weak, official data showed yesterday. The Japanese Ministry of Finance dataFULL STORY

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