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Taiwan Asia’s hottest investment destination

  Bloomberg Global investors can’t get enough of Taiwan. Overseas funds poured $5.4 billion into the island’s equities last month, taking inflows for the year to $11.6 billion and making Taiwan the most popular destination for investors among nine Asian markets tracked by Bloomberg. That’s helped send both the benchmark stock gauge and the currency to one-year highs. Fueling gains ...

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India’s green version of ‘jumbo idol’

  AFP When Indian artist Dattadri Kothur saw the pollution caused by an annual Hindu tradition of immersing elaborately decorated idols of the elephant-headed god Ganesha in the sea, he decided to do something about it. The 30-year-old has come up with an environmentally friendly alternative that will make its debut during this year’s festival in the western city of ...

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Aluminum rises as China stockpiles near 5-year low

  Bloomberg Aluminum climbed as inventories tracked by exchanges in London and Shanghai declined, signaling tighter supplies. Most other industrial metals rose, while copper posted its biggest weekly loss in a month. Stockpiles of aluminum held in Shanghai Futures Exchange warehouses fell this week to the lowest since 2011 and those tracked by the London Metal Exchange had the biggest ...

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