Taipei: U.S. dollar was traded at NT$30.605 at 10 a.m. Thursday on the Taipei Foreign Exchange, down NT$0.051 from the previous close. According to Focus Taiwan, the trading figures indicate a decrease in the value of the U.S. dollar compared to its previous performance in the Taipei market. The currency’s

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

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: 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

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

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