SINGAPORE STOCK MARKET | 2012-07-17
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Headlines for ChannelNewsAsia, dated: 2012-07-20
Weak China demand hits Taiwan's exports
TAIPEI: Taiwan said on Friday that export orders in June fell 2.62 per cent year on year to US$36.38 billion, the fourth consecutive monthly decline as demand from China and Japan shrank.
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French lawmakers adopt revised 2012 budget
PARIS: French lawmakers approved a new 2012 budget in the early hours of Friday, following four days of debate, with tax and spend initiatives scrapping key planks of ex-president Nicolas Sarkozy's policies.
China launches US solar dumping probe
BEIJING: China on Friday started a probe into alleged US dumping of solar products and government subsidies for the sector, the latest volley in a trade row between the world's top two economies.
Taiwan's EVA Air to launch flights to Yangon
TAIPEI: Taiwan's EVA Airways said Friday it will launch three weekly flights to Myanmar's commercial hub Yangon from October in expectation of growing demand as the country embarks a reform drive.
US House passes huge defence spending bill
WASHINGTON: US lawmakers passed a sweeping $606 billion defence bill Thursday that exceeds a budget cap and faces a veto threat from the White House for failing to sufficiently rein in spending.
Renault-Nissan to invest US$160m in Korea unit
SEOUL: The Renault-Nissan Alliance said Friday it will invest $160 million to roll out Nissan models at its South Korean unit, with analysts saying it would gain from a weak won and recent free trade deals.
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