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Tuesday, December 23, 2014
A program launched by the Kinmen Livestock Research Institute in 2011 is starting to pay dividends, yielding steaks and other beef products that offer unique hints of flavor from outlying Kinmen County.
 > Taiwan
Tracking the flow of global investment funds is a tricky business. But the ringgit's recent sharp depreciation against the U.S. dollar has led to suggestions by some economists that as much as 70 billion ringgit (US$20.09 billion) stands to flow out of the country.
Transportation Minister Ignasius Jonan has launched the development of 20 non-commercial seaports and 10 airports that are expected to help boost connectivity and economic equality throughout the country, the biggest economy in Southeast Asia.
As the U.S. and Cuba begin to normalize relations for the first time in half a century, some Americans are already roaming the streets of Old Havana, attending dance exhibitions and talks on architecture as they take part in scripted cultural tours that can cost more than a decent used car back home.
Experts expect surge in Cuba tourism
The Asian Development Bank (ADB) has expressed disappointment over the Ministry of Energy's (MOE) decision to scrap the consultant appointment process for the 140 MW Tanahun Hydropower Project.
 > Other
Rise in corporate fraud over the next two years could outpace corporate India's efforts to mitigate it, according to the findings of the Deloitte India Fraud Survey Report.
 > India
Europe's main stock markets rose strongly on Monday in a renewed “Santa Claus rally” powered by a modest recovery in oil prices, dealers said.
The dollar held steady in Asian trade on Monday, underpinned by expectations the U.S. Federal Reserve will raise interest rates before other central banks.
London's Brent crude for February delivery advanced 76 cents to US$62.14 per barrel in late Monday morning deals, and U.S. benchmark West Texas Intermediate (WTI) for February climbed 53 cents to US$57.66 a barrel.
Russia's central bank said Monday it had placed the troubled Trust Bank under supervision and would bail it out with 30 billion rubles (US$525 million) to avoid bankruptcy.
  
  
  
  
  
  
  
  
  
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