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HK, Shanghai trade link date unknown

Brokers are no closer to knowing when a link between Hong Kong and Shanghai’s stock exchanges might begin as a six-month deadline runs out. Chinese stocks erased gains in the two locations on Friday after Hong Kong Exchanges & Clearing Ltd chief executive officer Charles LiFULL STORY

Poll shows 55% of workers working harder for a raise

More than half of Taiwanese workers whose main source of income is their salary are trying to beat wage stagnation by working harder to show their bosses that they deserve higher pay, according to a survey by 1111 Job Bank (1111人力銀行). In a survey ofFULL STORY

Taiwan-Indonesia business relations important: Widodo

Indonesian president-elect Joko Widodo has invited Taiwanese business tycoon Terry Gou (郭台銘) to attend his inauguration ceremony, slated for today, as a guest of honor, showing the importance he attaches to investment from Taiwan. In an interview, the president-elect, who is also the governor ofFULL STORY

BlackBerry CEO: Passport demand exceeding forecast

BlackBerry Ltd chief executive officer John Chen (程守宗) said it is a good thing that some people cannot buy the new Passport cellphone, because that means it is popular. Shortages of the business-focused smartphone show that efforts to turn around the unprofitable company, formerly known asFULL STORY

E United, Ansteel sign expansion deal

Local conglomerate E United Group (義聯集團) has teamed up with Chinese steelmaker Anshan Iron and Steel Group Co (Ansteel, 鞍鋼) for future business expansion in a wide range of industries outside of the steel sector. E United, which is involved in steel, property development, education, medicalFULL STORY

FEATURE: Hartmann brand to make debut

By Amy Su

Vivian Lin (林易萱), a 30-year-old local office worker, has traveled abroad three times over the past three years. During that three-year period, Lin bought two suitcases with different sizes and styles. “Other than the functionality, I found brand familiarity and design to be the two major decidingFULL STORY

Taiwan Business Quick Take

US$12.65bn raised on TWSE Enterprises raised NT$384.8 billion (US$12.65 billion) in funds in the local capital market for the first nine months of this year as they were speeding up the pace of expansion, according to the Taiwan Stock Exchange (TWSE). Market analysts said the largeFULL STORY

Markets might have overreacted: BOE

Investors might have overreacted to signs of economic slowdown, although they have been right to price in weaker global growth prospects, Bank of England (BOE) chief economist Andrew Haldane said in an interview in Britain’s Observer newspaper yesterday. “What we have seen over the past weekFULL STORY

India ends diesel price controls, raises gas prices

India’s government on Saturday lifted diesel price controls and raised the cost of natural gas, giving market forces greater sway as it seeks to attract energy investment, boost competition and cut subsidy costs. The decisions marked an acceleration in reform measures by Indian Prime Minister NarendraFULL STORY

Egg-freezing: the new US ‘benefit’

Free meals, four months of maternity leave and now egg-freezing: Facebook Inc’s latest gift to its employees has rekindled debate on the role of women in the company. The move aims to, at the very least, show that “we have a lot of work to doFULL STORY

Japan introduces its first passenger jet in 40 years

The first passenger aircraft to be made in Japan in nearly four decades was unveiled on Saturday as its manufacturer pushed into the booming regional jet sector with an eye to taking on industry giants Embraer SA and Bombardier Inc. Mitsubishi Heavy Industries Ltd, a militaryFULL STORY

World’s 400 richest lose US$26bn as stocks slump

The world’s 400 wealthiest people dropped US$26.2 billion from their collective net worth this week as stocks slumped amid concern global growth is slowing. The heirs to Wal-Mart Stores Inc founder Sam Walton shed US$6.9 billion from their combined holdings in the world’s biggest retailer afterFULL STORY

World Business Quick Take

TELECOMS Sprint cuts 452 jobs Sprint Corp has cut 452 jobs from its Overland Park headquarters as part of a previously announced cost-cutting effort, the nation’s third-biggest cellphone carrier disclosed in a filing with the Kansas Department of Commerce on Friday. The report covers the first installmentFULL STORY

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