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Taiwan exports up 21.3 percent in June
STRONG FOUNDATIONS:
Export volume hit US$24.3 billion last month, with a 25.5 percent rise to China, a 24.2 percent to Europe and a stunning 114.7 percent to India
By Crystal Hsu Taiwanese exports rose 21.3 percent year-on-year last month, fueled by demand from China and other emerging markets in Asia while trade with the US continued to decline, a report released by the Ministry of Finance said yesterday.
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Inflation experiences fastest climb in eight months
Taiwan¡¦s inflation accelerated by the fastest pace in eight months as fuel and food costs climbed, increasing the likelihood that the central bank will continue raising interest rates.
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At least 41 killed in blast at Indian embassy in Kabul
A suicide car bomber rammed the Indian embassy in Kabul yesterday, killing 41 people, including two Indian envoys, in the Afghan capital¡¦s deadliest attack since the 2001 fall of the Taliban, officials said.
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Cabinet in damage-control mode
SUHUA PAINS:
The government was accused of seeking to please both sides in the controversial matter, while detractors said the premier was acting like a president
By Flora Wang, Meggie Lu and Rich Chang Cabinet officials held a press conference yesterday in which they sought to highlight the difference between the proposed Suhua Freeway (Ĭªá°ª) and an alternative highway project, a day after comments by Premier Liu Chao-shiuan (¼B¥ü¥È) in Hualien County reignited debate on the subject.
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G8 leaders turn to Africa, accused of not doing enough
Aid for Africa ¡X and whether enough is coming from the world¡¦s major economic powers ¡X was in the spotlight yesterday as the G8 countries prepared to meet with seven African leaders at their annual summit.
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Pakistan shaken by series of bomb blasts
Pakistan¡¦s largest port city Karachi was shaken yesterday by a series of bomb blasts that injured over two dozen people, with at least one confirmed dead, police and paramedic sources said yesterday.
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