Industry

China’s New Rare Earth Export Curbs Could Hit Taiwan Hard: Expert

Taipei: Taiwanese industries could face significant disruption from China’s newly tightened export controls on rare earth elements, as much of the island’s supply indirectly depends on Chinese materials processed in Japan, a local expert warned Sunday. According to Focus Taiwan, Kristy Hsu, director of the Taiwan ASEAN Studies Center at

Giant Labor Case Highlights Need for Stronger Worker Protections: Scholars

Taipei: Taiwanese scholars have expressed the need for Taiwan to enhance protections for lower-wage migrant workers as the nation seeks recognition as a developed country. This call to action follows a U.S. order suspending imports from Taiwan-based Giant Manufacturing Co. due to allegations of forced labor. According to Focus Taiwan,

Taipei Aims to Resolve Land Use Contract to Retain Nvidia Taiwan HQ in City

Taipei: Taipei Deputy Mayor Lee Shu-chuan announced on Sunday that the city government intends to send a mutual contract termination document to Shin Kong Life Insurance. The document, to be dispatched on Monday, is intended to facilitate discussions regarding the surface rights of plots T17 and T18 in Beitou Shilin

Naval Officer Indicted for Selling Missile Manuals to Chinese Agent

Taichung: The Taichung District Prosecutors Office has indicted a naval officer on corruption charges after he allegedly sold sensitive but unclassified operational manuals for Taiwan’s domestically developed Hsiung Feng II (HF-2) anti-ship missiles to a Chinese intelligence agent. According to Focus Taiwan, in an indictment released to the press on

National Central University Names Asteroid After Pingtung’s Hengchun

Pingtung: National Central University (NCU) on Saturday announced that an asteroid it discovered has been officially named “Hengchun,” coinciding with the 150th anniversary of the Pingtung County township’s founding. According to Focus Taiwan, at a press conference at Pingtung County Library, NCU Vice President Chen Wen-yih described the asteroid’s naming

Stabilization Fund to Continue Market Intervention Amid U.S. Tariff Concerns

Taipei: The National Financial Stabilization Fund will continue to intervene in the local stock market despite a significant rebound since it first entered the market in early April, with the Ministry of Finance (MOF) citing uncertainties stemming from U.S. tariff policies. According to Focus Taiwan, the MOF stated that the