Taiwan economy: an aging tiger in need of cubs

By Faith Hung TAIPEI (Reuters) – Jason Tsai is among the few in Taiwan with excellent English, but two years after graduating from university the highly sought language skill has failed to secure him a well-paying job. Tsai has been pulling in an average monthly pay of T$15,000 ($455) through part-time work, below the minimum wage of T$22,000 for …

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Taiwan economy: an aging tiger in need of cubs

Japan November output falls as soft global demand clouds outlook

By Leika Kihara TOKYO (Reuters) – Japan's factory output fell for the first time in three months in November, data showed on Monday, a sign that weak emerging market demand continues to cloud prospects for a sustained recovery in the world's third largest economy. Industrial output fell 1.0 percent in November from the previous month, more than

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Japan November output falls as soft global demand clouds outlook

Samsung Electronics plans initial production of five million Galaxy S7 phones: report

SEOUL (Reuters) – Samsung Electronics Co Ltd, the world's top smartphone maker, plans an initial production run of about 5 million of its upcoming Galaxy S7 smartphones, South Korea's Electronic Times reported on Monday, citing unnamed sources. The paper said

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Samsung Electronics plans initial production of five million Galaxy S7 phones: report

Valeant CEO Pearson remains hospitalized for pneumonia: Bloomberg

Valeant Pharmaceuticals International Inc Chief Executive J. Michael Pearson has been moved to another hospital where he is being treated for a severe case of pneumonia, a company spokeswoman told Bloomberg on Sunday. Elaine Andrecovich, a public

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Valeant CEO Pearson remains hospitalized for pneumonia: Bloomberg

Oil prices weaken post-Christmas, U.S. crude defends premium over Brent

By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell on Monday after the long Christmas weekend, with U.S. crudes defending a newly gained premium over internationally traded Brent contracts. Brent was down 18 cents at $17.71 a barrel, meaning that U.S. crude defended a premium it gained over the globally traded benchmark last week. “Markets are generally weak, so the trend remains for lower prices, but do watch out for sharp moves in the low liquidity days between Christmas and New Year,” one

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Oil prices weaken post-Christmas, U.S. crude defends premium over Brent

Top Android news of the week: New malware hits Android, Apple lawsuit tossed, ASUS ad blocking

This week in Android came news of new malware that targets Android, you can no longer yell at Cortana, and ASUS will default ad blocking.

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Top Android news of the week: New malware hits Android, Apple lawsuit tossed, ASUS ad blocking

Oil above $37 as U.S. supply tightens, still near 11-year low

“Some traders playing spot on the downside are getting out and calling it a year,” said Tariq Zahir, managing partner at Tyche Capital Advisors. Oil demand in 2015 was exceptionally high and at current prices, demand is going to remain strong next year,” said Olivier Jakob, analyst at Petromatrix. Crude inventories, which were expected to rise, fell 5.88 million barrels, the Energy Information Administration said.

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Oil above $37 as U.S. supply tightens, still near 11-year low

Valeant says CEO J. Michael Pearson hospitalized with severe pneumonia

Valeant Pharmaceuticals International Inc Chief Executive J. Michael Pearson was hospitalized with a “severe case of pneumonia” on Friday and is receiving treatment, a company spokeswoman said. Pearson, 56, joined Valeant as CEO in September 2010 after a 23-year career at McKinsey & Company and became chairman of the board in 2010. Under Pearson's leadership, the company has come

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Valeant says CEO J. Michael Pearson hospitalized with severe pneumonia

China says AIIB up and running early in the new year

The China-backed Asian Infrastructure Investment Bank (AIIB) has been formally established and is expected to be operational early next year, the official Xinhua news agency said on Friday. The bank's establishment came after 17 funding members of the AIIB, which account for just over 50 percent of its share capital, ratified an agreement on the bank, state television quoted Finance Minister Lou Jiwei as saying. First proposed by President Xi Jinping less than two years ago, the bank has become one of China's biggest foreign policy successes.

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China says AIIB up and running early in the new year

Ferrari recalls 185 California T vehicles due to fuel leak risk

(Reuters) – Ferrari North America Inc., a division of Ferrari NV , is recalling some 2016 California T vehicles due to the risk of a fuel leak in the engine compartment, according to a U.S. Department of Transportation (DOT) notice on Friday. The higher risk of a leak, which increases the chances of fire, was the result of a manufacturing defect in a part provided by a supplier, according to a…

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Ferrari recalls 185 California T vehicles due to fuel leak risk

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