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Wednesday, May 27, 2015
Charter to buy TWC in US$78.7 bil. mega-deal
Charter Communications announced Tuesday it is acquiring rival Time Warner Cable to create a powerful new player n the U.S. pay TV and broadband sector.
They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league.
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China's Prime Minister Li Keqiang and Chilean President Michelle Bachelet signed a currency swap deal on Monday seeking to deepen economic ties by boosting trade and investment.
Industry leaders yesterday praised a new law allowing graduates of junior colleges or above to work at private companies instead of performing compulsory military service.
 > Taiwan
DBS Bank (Taiwan) is dedicated to providing various financial solutions to help Taiwanese small- and medium-sized enterprises (SMEs) embrace problems at different stages, grow their business, and live out promises, said DBS in a press release yesterday.
 > Taiwan
Shares in Taiwan rose slightly on Tuesday, helped by gains in the financial sector that helped overcome a flat performance by the bellwether electronics sector and low turnover.
 > Taiwan
Far EasTone Telecommunications Co. (遠傳電訊), Taiwan's third-largest wireless carrier, teamed up with more than 10 game publishers Tuesday to seek a further push into the fast-growing mobile game market.
Taiwan Stock Exchange (TWSE) announced that the securities net overbought position by foreign investors was NT$7.58 billion last week. This represented the difference between NT$135.04 billion securities bought and NT$127.46 billion securities sold.
 > Taiwan
Eight candidates are vying to become the next head of the strategic African Development Bank as the continent is undergoing an economic transformation.
Australia's Treasurer Joe Hockey will reconsider what has been dubbed the "tampon tax" after a campaign by a university student rallied nearly 100,000 supporters in branding the levy sexist.
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