Category: Taiwan
Taiwan’s 2025 economic growth forecast at 3.22% amid Trump presidency uncertainty
Taipei, Jan. 16 (CNA) Taiwan’s economy is expected to grow 3.22 percent in 2025, according to the Chung-Hua Institution for Economic Research’s (CIER) forecast released Thursday. https://focustaiwan.tw/business/202501160018
Read MoreTaiwan shares rebound over 500 points following U.S. rally
Taipei, Jan. 16 (CNA) Shares in Taiwan increased by more than 500 points Thursday, recovering from a slump a session earlier, following a rally in U.S. markets overnight as concerns over inflation eased, dealers said. https://focustaiwan.tw/business/202501160017
Read MoreYoung flamethrower Lin Po-chun to join Seattle Mariners
Taipei, Jan. 16 (CNA) Right-handed pitcher Lin Po-chun (林鉑濬) is set to officially sign with the Seattle Mariners of Major League Baseball (MLB) next week, according to foreign media reports. https://focustaiwan.tw/sports/202501160016
Read MoreTaiwan launches detention rule in light of ‘gray zone’ activities at sea
Taipei, Jan. 16 (CNA) Taiwan’s authorities said Thursday that a mechanism has been established to facilitate interdepartmental efforts to allow vessels suspected of engaging in acts of sabotage in coastal waters to be detained. https://focustaiwan.tw/politics/202501160015
Read MoreU.S. dollar closes sharply lower on Taipei forex market
Taipei, Jan. 16 (CNA) The U.S. dollar rose sharply against the Taiwan dollar Thursday, gaining NT$0.137 to close at NT$32.928. https://focustaiwan.tw/business/202501160014
Read MoreNational award-winning artist gets jail term for raping fan
Taipei, Jan. 16 (CNA) Pingtung District Court handed down a four-year-and-six-month jail sentence to Indigenous artist Sakuliu Pavavaljung on Thursday after he was found guilty of sexually assaulting a female fan nearly four years ago in Pingtung County. https://focustaiwan.tw/society/202501160013
Read MoreTSMC 2024 net profit hits new high, up almost 40%
Taipei, Jan. 16 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC) on Thursday reported a new high in net profit for 2024, up nearly 40 percent from a year earlier. https://focustaiwan.tw/business/202501160012
Read MoreDefending Taiwan ‘critical,’ says Rubio at U.S. Senate hearing
Washington, Jan. 15 (CNA) Senator Marco Rubio, U.S. President-elect Donald Trump’s pick for secretary of state, said during his Senate nomination hearing on Wednesday that defending Taiwan against China was “critical” for the United States. https://focustaiwan.tw/politics/202501160011
Read MorePresident Lai meets with Taiwan delegation to Trump’s inauguration
Taipei, Jan. 16 (CNA) President Lai Ching-te (賴清德) said Thursday that he hopes the attendance of the Taiwan delegation, led by Legislative Speaker Han Kuo-yu (韓國瑜), at the upcoming inauguration of United States President-elect Donald Trump will set a new milestone in Taiwan-U.S. relations. https://focustaiwan.tw/politics/202501160010
Read MoreHouse passes U.S.-Taiwan double taxation relief bill
Washington, Jan. 15 (CNA) The United States House of Representatives on Wednesday passed a bill that seeks to reduce tax payments by Taiwanese businesses and employees in the U.S. https://focustaiwan.tw/politics/202501160009
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