Governance

U.S. Dollar Down in Taipei Trading

Taipei: The U.S. dollar was traded at NT$29.290 at 10 a.m. Thursday on the Taipei Foreign Exchange, marking a decrease of NT$0.072 from the previous close.

According to Focus Taiwan, the decline in the U.S. dollar’s value reflects ongoing fluctuatio…

Taiwan Shares Open Higher on Stock Exchange

Taipei: The Taiwan Stock Exchange’s main index started the day positively, registering an increase of 55 points to reach 23,373.67. This upward movement in the index came with an initial turnover of NT$5.16 billion, equivalent to approximately US$175….

Taiwan’s Cooperative Approach in U.S. Trade Talks Faces New Demands

Washington: Taiwan is adopting a “cooperative” approach in trade talks with the United States but should do more on market access and transshipment controls to reach a deal, Taiwan’s former top trade negotiator John Deng said Tuesday. In a video forum held by the U.S.-based think tank Hudson Institute, John

Hualien County to Sue Pegatron Chairman Over Quake Donation Claims

Hualien: The Hualien County Government announced plans to file a lawsuit against Pegatron Corporation Chairman Tung Tzu-hsien, accusing him of making “false accusations” regarding the county officials’ handling of donations intended for earthquake-affected schools. According to Focus Taiwan, Tung alleged in a video that more than NT$70 million was donated

Taiwan Rejects Report of South Korean Request for Martial Law Support

Taipei: Taiwan’s Presidential Office has dismissed a report from a South Korean newspaper alleging that a military intelligence official, under the administration of the now-impeached President Yoon Suk Yeol, sought Taiwan’s backing for South Korea’s martial law declaration in December 2024. According to Focus Taiwan, Presidential Office spokesperson Karen Kuo

Ex-Taipei Mayor Ko Wen-je’s Office Head Posts Bail in Corruption Trial

Taipei: Lee Wen-tsung, who headed former Taipei Mayor Ko Wen-je’s office during his tenure, posted the NT$20 million (US$682,662) bail ordered by the Taipei District Court and was released Wednesday. Lee was one of 11 individuals indicted in December over alleged corruption related to the Core Pacific City redevelopment case