Industry

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

Taiwan to Open Tourism Office in Indonesia to Boost Muslim-Friendly Travel

Jakarta: Taiwan is stepping up efforts to attract Muslim travelers, particularly from Indonesia, with plans to open a tourism office in Jakarta next year as the country seeks to tap into one of the world’s fastest-growing outbound travel markets. Lin Hsin-jen, Taiwan’s deputy representative in Indonesia, described Indonesia as a

Prosecutors Seek NT$120M Fine Against Tokyo Electron Taiwan in TSMC Case

Taipei: Taiwan’s prosecutors on Tuesday indicted Tokyo Electron Taiwan Ltd., a subsidiary of Japan-based chip equipment supplier Tokyo Electron Ltd., over the alleged theft of Taiwan Semiconductor Manufacturing Co.’s (TSMC) 2-nanometer (2nm) technologies, and are seeking a fine of NT$120 million (US$3.82 million). According to Focus Taiwan, the case involves

Taiwan Pushes for Deeper AI and Green Energy Ties with Japan

Taipei: Taiwan’s Economics Minister Kung Ming-hsin has called for enhanced cooperation with Japan in artificial intelligence, green energy, and national defense. The call comes as global supply chains strive to decrease their reliance on China. According to Focus Taiwan, Kung made these remarks at a Taiwan-Japan investment cooperation forum in

Taiwan Shares Rebound as Electronics Stocks Lead the Way

Taipei: Shares in Taiwan closed higher Tuesday in a technical rebound from the previous slump as bargain hunters focused on select large-cap tech stocks, ignoring losses in the United States overnight, dealers said. After falling 1.03 percent Monday, the Taiex, the Taiwan Stock Exchange’s (TWSE) benchmark index, ended up 221.74

Taiwan Shares Close Up 0.81% as Market Gains Traction

Taipei: Taiwan shares ended up 221.74 points, or 0.81 percent, at 27,564.27 Tuesday on turnover of NT$469.67 billion (US$14.94 billion). According to Focus Taiwan, the market experienced a positive movement with a significant increase in share value. The turnover for the day reached NT$469.67 billion, reflecting a strong trading activity