Category: Taiwan
U.S. dollar tops NT$33 mark, hits highest level since 2016
Taipei, Jan. 13 (CNA) The U.S. dollar closed above the NT$33 mark Monday, hitting its highest level against the Taiwan dollar in almost nine years amid concerns that the U.S. Federal Reserve will slow down the pace of its rate cuts, dealers said. https://focustaiwan.tw/business/202501130017
Read MoreTraffic accidents rank first among 2024 child safety news stories
Taipei, Jan. 13 (CNA) Traffic accidents were ranked first among the 212 major news stories involving child safety last year compiled by the Jing Chuan Child Safety Foundation, with 86 cases leading to 115 deaths and injuries to children under the age of 14, the foundation said Monday. https://focustaiwan.tw/society/202501130016
Read MoreDiving instructors ordered to pay NT$20.73 million for diving death
Taipei, Jan. 13 (CNA) A court has ordered a couple and their diving center to pay total compensation of NT$20.73 million (US$625,944) to the family of a Japanese national who died during one of their diving courses in Pingtung County over five years ago. https://focustaiwan.tw/society/202501130015
Read MoreGovernment resolved to further replenish firefighting manpower: Lai
Taipei, Jan. 13 (CNA) The government is determined to continue replenishing the manpower of Taiwan’s firefighting force as part of an ongoing five-year program after having achieved the first-phase target in 2023, President Lai Ching-te (賴清德) said Monday. https://focustaiwan.tw/society/202501130014
Read MoreEVA Air ranked among top 10 safest airlines in the world
Taipei, Jan. 13 (CNA) Taiwan’s EVA Air has been ranked as one of the 10 safest full-service airlines in the world, according to the latest rankings issued by AirlineRatings.com. https://focustaiwan.tw/business/202501130013
Read MoreTaiwan shares tumbles over 500 points after U.S. heavy losses
Taipei, Jan. 13 (CNA) Shares in Taiwan took a beating, plunging more than 500 points Monday, with selling sparked by steep declines on U.S. markets at the end of last week amid rising worries over the Federal Reserve’s next move, dealers said. https://focustaiwan.tw/business/202501130012
Read MoreU.S. dollar closes sharply higher on Taipei forex market
Taipei, Jan. 13 (CNA) The U.S. dollar rose sharply against the Taiwan dollar Monday, gaining NT$0.155 to close at NT$33.119. https://focustaiwan.tw/business/202501130011
Read MoreFubon Financial’s median year-end bonus to top 8 months of wages
Taipei, Jan. 13 (CNA) Fubon Financial Holding Co., one of the leading financial holding firms in Taiwan, will give median year-end bonuses to its employees equivalent to more than eight months of wages for the upcoming Lunar New Year holiday after the company’s net profit hit a new high in 2024. https://focustaiwan.tw/business/202501130010
Read MoreChanging Taiwan office name will be ‘enormous mistake’: Ex-Lithuanian FM
Vilnius, Jan. 12 (CNA) Former Lithuanian Foreign Minister Gabrielius Landsbergis said it would be an “enormous mistake” if his country’s new government changed the name of Taiwan’s representative office there, under pressure from China. https://focustaiwan.tw/politics/202501130009
Read MoreTPP to hold leadership election online Feb. 15
Taipei, Jan. 13 (CNA) The Taiwan People’s Party (TPP) has announced that it will hold an online election Feb. 15 to choose a new leader, replacing its former Chairman Ko Wen-je (柯文哲), who is embroiled in a corruption scandal. https://focustaiwan.tw/politics/202501130008
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