Industry

Jealous Roommate Tampering Leads to NTU Admission Reversal

Taipei: National Taiwan University (NTU) will allow a graduate student to enroll during this academic year after his admission to Taiwan’s top university was illegally invalidated by an envious roommate in May. According to Focus Taiwan, the student surnamed Chen completed online registration for a master’s program in March but

Taiwan Shares Close Up 0.83%

Taipei: Taiwan shares ended up 228.77 points, or 0.83 percent, at 27,793.04 Wednesday on turnover of NT$439.698 billion (US$14.04 billion). According to Focus Taiwan, the trading session saw a significant rise in the share index, reflecting positive investor sentiment in the market. The increase in points marked a notable performance

China’s Cross-Strait Measures Unlikely to Attract Taiwanese Investment, Says Taiwan’s MAC

Taipei: China’s latest package of 12 measures aimed at advancing cross-Taiwan Strait “integration” will have little effect in attracting Taiwanese investment, Taiwan’s Mainland Affairs Council (MAC) predicted Tuesday. The MAC was responding to a report by China’s state-run Xinhua News Agency that the Fujian provincial government announced new measures to

Taiwan’s First Stablecoin Set for 2026 Launch: FSC Chair

Taipei: A Taiwan-issued stablecoin may enter the market in the latter half of 2026 at the earliest based on the current timeline for passing related legislation, Financial Supervisory Commission (FSC) Chairman Peng Jin-long said Wednesday. According to Focus Taiwan, at a legislative hearing, Peng explained that the stablecoin’s proposed legal

Trump Signs Taiwan Assurance Implementation Act into Law

Washington: United States President Donald Trump has signed into law the Taiwan Assurance Implementation Act, which mandates the State Department to regularly review and update guidelines governing official U.S. interactions with Taiwan. According to Focus Taiwan, the new law, signed by Trump on Tuesday (U.S. time), serves as an amendment

Prosecutors Probe Alleged Corruption in CPC’s 3rd LNG Terminal Project

Taipei: Criminal investigators searched 11 sites and questioned 13 people on Tuesday over allegations state-run oil company CPC Corp., Taiwan inflated construction budgets for its Third LNG Terminal project in Taoyuan, the Taipei District Prosecutors Office said Wednesday. The office said it directed the Agency Against Corruption’s Northern Investigation Office