Hints and tips:
...Wang Kuang-hsiang, a local construction magnate and one of the company’s three largest investors, is seeking to replace Lin Kuo Wen-yen, a member of the founding family, as chairman at the annual general...
...At an extraordinary shareholders’ meeting on October 21, a group of activist investors plans to oust Lin Kuo Wen-yen, the chairwoman of Tatung, a conglomerate whose businesses range from handling government...
...Sony profit warning Profits will nearly halve this year, it says, as the lingering damage from last month’s earthquakes on the southern island of Kyushu and a resurgent yen widen losses for its mainstay...
...Lily Kuo of Quartz adds: Government data shows that overall household spending grew only 0.5% from the quarter before—well below the 0.7% increase expected by economists....
...The government and central bank have not been able to tackle persistent deflation, which is being exacerbated by the sharp appreciation of the yen....
...“This move is more drastic than expected,” said Yen Kuo-yu, an economist at Marbo Securities, a local brokerage....
...Bob Kuo, New York DT: This is a key concern in foreign exchange markets these days. There is a strong incentive to keep currencies weak during recessionary times....
...“You can live in Ilan and work in Taipei but that doesn’t work with Hualien or Taitung,” says Yen....
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