July 5, 2025

TSMC Affirms U.S. Investments Will Not Affect Global Projects

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) stated that its investments in the United States will not impact its projects in other regions, dismissing a Wall Street Journal report that suggested the company was delaying the construction of a second fabrication plant in Japan to prioritize U.S. expansion amidst tariff threats

Taiwan’s Forex Reserves Reach All-Time High as Central Bank Steps In

Taipei: Taiwan’s foreign exchange reserves surged to a record high at the end of June, as the central bank intervened in the currency market to limit the Taiwan dollar’s appreciation against the U.S. dollar. According to Focus Taiwan, forex reserves rose by US$5.48 billion from May, reaching US$598.43 billion at

Tropical Storm Danas Prompts Closures and Safety Measures Across Taiwan

Taipei: Taiwan began precautionary closures of mountain parks, coastal areas and select transportation services on Saturday as Tropical Storm Danas approached the island with increasing intensity. According to Focus Taiwan, in its first emergency meeting, the Central Emergency Operation Center warned that Danas is strengthening and is expected to affect

Japan Opens First Polling Stations in Taiwan for Upper House Vote

Taipei: Japanese nationals living in Taiwan were able to cast early votes in Japan’s House of Councillors election at a polling station in Taipei on Saturday, marking the first time they have been able to participate in a Japanese election in person while in Taiwan. According to Focus Taiwan, the

Hon Hai Reports Record June Sales Amid Expanding AI Market

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. reported on Saturday that its sales for June rose 10 percent from a year earlier as cloud and networking gadgets showed strong growth amid an artificial intelligence boom. Data released by the iPhone assembler, better known as Foxconn internationally, showed Hon

Airline and Ferry Services Halted as Tropical Storm Danas Approaches Taiwan

Taipei: Several ferry operators and local airlines announced the suspension of services over the weekend as Tropical Storm Danas approached Taiwan. As of 2 p.m., the storm’s eye was located 390 kilometers west-southwest of Cape Eluanbi, Taiwan’s southernmost point, and moving north-northeast at 8 to 11 kilometers per hour. According