Yen Edges Higher as Weak US Data Dampens Fed Rate Hike Expectations 
Shein Targets $26B-$27B Valuation for Hong Kong IPO 
US Stock Futures Steady as Cooling Inflation and Strong Earnings Support Markets 
Yes, government influences wages – but not just in the way you might think 
Heritage, desire and diplomacy: why China still values scotch whisky 
SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand 
Google promotes ‘teacher approved’ apps for kids. Here’s what parents should know 
BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside 
Citadel Warns High Treasury Yields Pose Broader Market Risks 
Paramount Skydance Clears Regulatory Hurdles for Warner Bros. Discovery Deal 
Booked to travel through the Middle East? Here’s why you shouldn’t cancel your flight 
Australian Consumer Sentiment Jumps 6% in August as Rate Outlook Improves 
Gold Prices Rise as Weak US Data and Hormuz Risks Boost Safe-Haven Demand 
Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus 
Disaster or digital spectacle? The dangers of using floods to create social media content 
Ferrari Luce EV Sells for Record $40 Million at Charity Auction 
Add as a preferred source on Google
Heineken will take over the majority ownership of the Long Chuan Zuan Co brewery in Taiwan from the Sanyo Whisbih Groupo.
The agreement's financial details have not been disclosed.
The Investment Commission of Taiwan's Ministry of Economic Affairs has approved the transaction, which is still subject to closing requirements.
With investment in Taiwan's domestic manufacturing, Heineken will be the first foreign brewer to have a brewery in the nation.
Long Chuan is a product of the Taiwan Tsing Beer Corporation, which is a subsidiary of the Sanyo Whisbih Group. It is anticipated that Heineken will become the brand's sole owner, making it an even more formidable rival to the state-owned Taiwan Beer.
Before opening an office there in 2002, the company originally brought Heineken beer to Taiwan in 1987. The brewer operates six locations around the nation, where it registers about $201.9 million in revenue annually.
