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China Life Insurance, marketing the world's biggest initial public offering (IPO) this year at up to US$3bil, has attracted enough interest from institutional buyers to cover its order book by nearly 10 times, sources familiar with the deal said yesterday.
Taiwan shares ended higher Friday led by technology issues, the day after the island's legislators approved a referendum law thought unlikely to provoke an angry response from China.
Germany joins France in the European Union dock this week as finance ministers consider whether to punish the two overspenders for violating euro rules on deficits or let them off the hook yet again.