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Merida says cash flow normal amid reports of Giant supplier payment delays

Taipei, Dec. 14 (CNA) Taiwan-based bicycle brand Merida Industry Co. has said its cash flows remain normal amid reports rival Giant Manufacturing Co. sought to postpone payments to suppliers due to weakening global demand.

Taiwan shares end sharply higher amid eased Fed rate hike concerns

Taipei, Dec. 14 (CNA) Shares in Taiwan moved sharply higher Wednesday as market sentiment improved amid eased concerns over the pace of rate hikes by the U.S. Federal Reserve, after Washington reported overnight better than expected inflation data for November, dealers said.

Bicycle market size to grow by USD 22,693 71 million: Leisure products industry is the parent market

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