November 16, 2021

Eswatini, Russia name new envoys to Taiwan: MOFA

The Kingdom of Eswatini and Russia have recently named their new ambassador and top envoy to Taiwan respectively, with the latter having already arrived in the country to take up the post, the Ministry of Foreign Affairs (MOFA) said Tuesday.In a press …

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Chinese yuan deposits fall to one-year low in October

Chinese yuan deposits held by banks in Taiwan at the end of October were at their lowest level in a year, in part because tech companies remitted yuan from their accounts overseas to complete transactions, according to the central bank.Yuan deposits in…

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Taiwan shares close up 0.33%

Taiwan shares closed up 58.66 points, or 0.33 percent, at 17,693.13 Tuesday on turnover of NT$378.06 billion (US$13.61 billion).Source: Focus Taiwan News Channel

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China Steel cuts product prices for first time in over a year

China Steel Corp., the largest steelmaker in Taiwan, has lowered its domestic wholesale product prices for December contracts in line with fluctuations on the international markets, marking the company’s first price cut since July 2020.In a statement r…

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