Business

King Liu, Founder of Giant Group, Passes Away at 93

Taipei: King Liu, founder of Taiwan’s leading bicycle maker Giant Group, died early Monday at the age of 93, the company said. In a statement, Giant expressed that Liu, who established the company in 1972, was not only its founder but also a guiding l…

CPC Announces Freeze on Fuel Prices During Lunar New Year Holiday

Taipei: State-run oil refiner CPC Corp., Taiwan has announced that gasoline and diesel prices at its stations across Taiwan will remain unchanged over the Lunar New Year holiday, effective from midnight Sunday. The decision comes in the wake of antici…

Taiwan and U.S. Sign Reciprocal Trade Agreement in Washington

Washington: Ten months after U.S. President Donald Trump introduced a new tariff policy in April 2025, Taiwan and the United States have signed an Agreement on Reciprocal Trade (ART) in Washington. President Lai Ching-te has described the agreement as…