Governance

Economic Ties No Longer Boost Taiwan-China Relations as Investment Shifts

Taipei: Economic ties are no longer boosting cross-Taiwan Strait relations as Taiwanese businesses continue to shift investment away from China amid deepening U.S.-Beijing decoupling, an expert said at a seminar in Taipei on Tuesday. Lai I-chung, president of the government-affiliated think tank Prospect Foundation, highlighted that following the outbreak of

Taiwan Civic Groups Highlight Human Rights Concerns in ‘Two Covenants’ Report

Taipei: A coalition of civic groups on Tuesday released a report reviewing Taiwan’s implementation of two major international human rights covenants from 2022 to 2025, warning of persistent systemic shortcomings in rights protections. Co-authored by 33 groups, including Covenants Watch and the Taiwan International Workers’ Association (TIWA), the “2025 Parallel

KMT and TPP Initiate Impeachment Proceedings Against President Lai

Taipei: Taiwan’s opposition parties have announced plans to begin impeachment proceedings against President Lai Ching-te on Friday, citing his failure to implement recent legal amendments. The Kuomintang (KMT) and the Taiwan People’s Party (TPP) approved a schedule for a plenary session to review the impeachment motion, despite practical challenges that

Taiwan Shares Open Down

Taipei: The Taiwan Stock Exchange’s main index opened down 47.84 points at 26,708.28 Wednesday on turnover of NT$8.72 billion (US$279 million). According to Focus Taiwan, the drop in the index reflects the current market trends and trading activities observed at the start of the day. The opening figures suggest a

Magnitude 4.5 Earthquake Rattles Nantou County in Central Taiwan

Nantou: A magnitude 4.5 earthquake struck Nantou County in central Taiwan at 4:26 a.m. Wednesday, as reported by the Central Weather Administration (CWA). According to Focus Taiwan, the earthquake’s epicenter was located in Gouxing Township, 31.2 kilometers northeast of Nantou County Hall, at a depth of 23.7 km. CWA data

U.S. Dollar Lower in Taipei Trading

Taipei: The U.S. dollar was traded at NT$31.029 at 10 a.m. Monday on the Taipei Foreign Exchange, down NT$0.016 from the previous close. According to Focus Taiwan, this marks a slight decrease in the value of the U.S. dollar against the New Taiwan dollar, continuing a trend observed in recent