Taipei: Taiwan’s foreign exchange reserves dipped below the US$600 billion threshold by the end of June, as the central bank intervened in the market to curb the U.S. dollar’s rise against the Taiwan dollar during the month. The reserves decreased by …
Taipei: The Legislature on Tuesday passed an amendment to the Criminal Code stipulating that the period from the commission of a sexual assault against a minor until the victim reaches the age of 20 will not count toward the statute of limitations for…
Taipei: Shares in Taiwan experienced a significant decline, falling over 2 percent on Tuesday as investors redirected funds away from the electronics sector amid concerns over stock valuations and renewed geopolitical tensions. This downturn follows r…
Taipei: Taiwan’s inflation hit the highest level for 17 months in June largely on a spike in fuel and food prices, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Tuesday. Data compiled by the DGBAS showed the country’s consu…
Taipei: The Financial Supervisory Commission: The Financial Supervisory Commission (FSC) has approved two significant financial transactions: the merger between Bank SinoPac and King’s Town Bank, and E.Sun Financial Holding Co.’s acquisition of Mercur…
Taipei: Visiting U.S. Senator Tammy Duckworth said Tuesday that her trip to Taiwan is intended to send a clear message that U.S.-Taiwan ties remain strong and will not “be swayed by any one president.”
According to Focus Taiwan, Duckworth stated, “I…
