Taiwan stocks flat ahead of holidays; TSMC dips
TAIPEI, May 26 Taiwan stocks stayed flat on Friday in cautious trading ahead of a long weekend holiday, dampened by falls in tech heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC).
WASHINGTON, April 17 President Barack Obama delivered a vigorous defense of his signature healthcare law on Thursday, saying private insurance enrollment under it has reached 8 million people and faulting Republicans for failing to agree with him that "this thing is working."
"I've said before this law won't solve all the problems in our healthcare system. We know we've got more work to do. But we now know for a fact that repealing the Affordable Care Act would increase the deficit, raise premiums for millions of Americans and take insurance away from millions more," Obama told reporters at the White House.
"Which is why, as I've said before, I find it strange that the Republican position on this law is still stuck in the same place that it has always been. They still can't bring themselves to admit that the Affordable Care Act is working," Obama added.
(Reporting by Will Dunham; Editing by Eric Beech)
SHANGHAI, May 26 China's yuan extended gains against the U.S. dollar on Friday, hitting its strongest level in more than three months.
MEXICO CITY, May 25 A Mexican code of conduct for the foreign exchange market designed to prevent market manipulation like the use of privileged information and collusion will be ready in six months, Mexican central bank governor Agustin Carstens said on Thursday.