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Taiwan's entrepreneurs in China feel heat from cross-Strait tensions
Taiwan's entrepreneurs in China feel heat from cross-Strait tensions
Economy
by  AFP

Bustling Taipei-style shopping streets, majestic temples to the island's deities and thriving factories dot the eastern Chinese city of Kunshan, for years a hub for Taiwanese businesses. - No guarantee of safety - An hour's drive from economic powerhouse Shanghai, Kunshan has been a key hub for Taiwanese-owned industry in China since the 1990s.

Oil stabilises after surge, stocks drop as Mideast crisis fuels jitters
Oil stabilises after surge, stocks drop as Mideast crisis fuels jitters
Economy
by  AFP

Oil prices stabilised Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict sparked by Donald Trump calling for Tehran's "unconditional surrender". The comments sent oil prices spiking more than four percent Tuesday on fears an escalation of the conflict could hammer supplies from the crude-rich region.

Bali flights cancelled after Indonesia volcano eruption
Bali flights cancelled after Indonesia volcano eruption
Economy
by  AFP

At least two dozen flights to and from the Indonesian resort island of Bali have been cancelled, its international airport website showed Wednesday, after a volcano in the archipelago's east erupted, shooting an ash tower 10 kilometres into the sky.