• 09/20/2024

CTBC Financial to revise takeover plan after FSC rejection

Taipei, Sept. 18 (CNA) CTBC Financial Holding Co. said on Tuesday night that it will revise a tender offer plan to acquire Shin Kong Financial Holding Co., just one day after the Financial Supervisory Commission (FSC) rejected its takeover proposal. https://focustaiwan.tw/business/202409180018

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TSMC Arizona to welcome new president in October

Taipei, Sept. 18 (CNA) Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) has appointed Rose Castanares, executive vice president of TSMC Arizona as president of the subsidiary, which is responsible for carrying out massive investments by the Taiwanese tech giant in the U.S. state. https://focustaiwan.tw/business/202409180017

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Environment ministry to have personnel posted in EU to follow CBAM implementation

Taipei, Sept. 18 (CNA) The Ministry of Environment (MOEVN) said Wednesday the European Union has confirmed that Taiwan’s carbon fees will be able to reduce CBAM tariffs imposed on non-EU exporters, and the ministry will have its personnel stationed in the EU starting early next year. https://focustaiwan.tw/business/202409180016

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Chinese speedboat man sentenced to 8 months for entering Taiwan illegally

Taipei, Sept. 18 (CNA) The Shilin District Court on Wednesday sentenced a Chinese man who sailed a speedboat near the mouth of the Tamsui River in June to eight months in prison for violating Taiwanese immigration law. https://focustaiwan.tw/cross-strait/202409180015

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New legislative session to begin on Friday

Taipei, Sept. 18 (CNA) Lawmakers will begin a new legislative session on Friday, according to the conclusion of cross-party negotiations on Wednesday. https://focustaiwan.tw/politics/202409180014

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DPP lawmakers urge bipartisan support for proposal on U.N. Resolution 2758

Taipei, Sept. 18 (CNA) Democratic Progressive Party (DPP) lawmakers on Wednesday called for support for their legislative proposal that would reject Beijing’s interpretation of a United Nations resolution that it says justifies its claims over Taiwan. https://focustaiwan.tw/politics/202409180013

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Taiwan shares end lower ahead of Fed’s decision

Taipei, Sept. 18 (CNA) Shares in Taiwan closed down Wednesday amid caution ahead of the release of the outcome of the U.S. Federal Reserve’s two-day policymaking meeting later in the day, dealers said. https://focustaiwan.tw/business/202409180012

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Taiwan company denies manufacturing exploding Hezbollah pagers

Taipei, Sept. 18 (CNA) A Taiwanese company which reportedly has exported the pagers that exploded and killed Hezbollah members in Lebanon denied the allegation on Wednesday, saying the pagers in question were manufactured by a firm licensing its brand. https://focustaiwan.tw/politics/202409180011

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1 Vietnamese national drowns, 1 critical in hospital

Hsinchu, Sept. 18 (CNA) One Vietnamese migrant worker drowned in waters off Xingfeng beach, Hsinchu County on Tuesday, while another is still in critical condition, the Coast Guard Administration (CGA) said Wednesday. https://focustaiwan.tw/society/202409180010

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3 dead, 9 hospitalized after suspected food poisoning in Taitung

Taipei, Sept. 18 (CNA) Three people died and nine are in hospital on Wednesday after consuming snails suspected of being contaminated with pesticides in Taitung County. https://focustaiwan.tw/society/202409180009

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