Bloomberg Hon Hai Precision Industry Co., the biggest assembler of iPhones, reported better-than-projected earnings after snagging additional business from Chinese smartphone giant Huawei Technologies Co. The company reported a 2.5% decline in net income to NT$17.1 billion, compared with the average analyst estimate of NT$16.3 billion. Revenue for the April-June period reached NT$1.16 trillion, according to Bloomberg calculations from previous ...

Bloomberg The European Union (EU) imposed tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in the country, risking tit-for-tat retaliation by the Indonesian government. The EU duties on Indonesian exporters of biodiesel, a type of biofuel made from vegetable oils and animal fats for use in diesel engines, range from 8% to 18%. The levies mark the ...

Bloomberg CK Asset Holdings Ltd., the developer founded by billionaire Li Ka-shing, postponed a planned sale of condominiums in Hong Kong as ongoing political protests made it difficult to market the luxury residences. The homes at 21 Borrett Road would not be offered for sale as scheduled this month, a spokeswoman for the company said on Wednesday, confirming an earlier ...