Category: Taiwan
Labor funds post gains of NT$108.7 billion in January
Taipei, March 3 (CNA) On the back of a boom on global financial markets in January amid peak season effects, funds managed by Taiwan’s Bureau of Labor Funds reported gains of NT$108.7 billion (US$3.30 billion) in the month, according to data released by the bureau on Monday. https://focustaiwan.tw/business/202503030017
Read MoreTaiwan shares end sharply lower on Trump’s tariffs
Taipei, March 3 (CNA) Shares in Taiwan moved sharply lower Monday as sentiment was hurt by U.S. President Donald Trump’s declaration last week that his 25 percent tariffs on imports from Canada and Mexico will take effect on March 4 as planned, dealers said. https://focustaiwan.tw/business/202503030016
Read MoreU.S. dollar closes higher on Taipei forex market
Taipei, March 3 (CNA) The U.S. dollar rose against the Taiwan dollar Monday, gaining NT$0.097 to close at NT$32.917. https://focustaiwan.tw/business/202503030015
Read MoreNo evidence of outside force in Tainan bullying case: Autopsy
Taipei, March 3 (CNA) An autopsy conducted on a 13-year-old boy who died last week following alleged school bullying found no signs of external force, though the results of a toxicology report are still pending, Tainan prosecutors said Monday. https://focustaiwan.tw/society/202503030014
Read MoreMLB fines Team Taiwan over rule-breaking during WBCQ
Taipei, March 3 (CNA) Organizers of the 2025 World Baseball Classic Qualifiers (WBCQ) have fined Team Taiwan over rule-breaking during the games held in Taipei last month, Taiwan’s Chinese Professional Baseball League (CPBL) confirmed on Sunday. https://focustaiwan.tw/sports/202503030013
Read MoreTaiwan shares close down 1.29%
Taipei, March 3 (CNA) Taiwan shares ended down 296.93 points, or 1.29 percent, at 22,756.25 Monday on turnover of NT$419.95 billion (US$12.76 billion). https://focustaiwan.tw/business/202503030012
Read MoreSearch for missing captain, Indonesian fisher ongoing following boat blaze
Taipei, March 3 (CNA) The search for two missing people from a Taiwanese fishing boat that caught fire in waters off Taiwan’s Pengjia Islet is still ongoing, the Coast Guard Administration (CGA) said on Monday. https://focustaiwan.tw/society/202503030011
Read MorePolice reveal arrest of woman who sold drugs out of baby stroller
Taipei, March 3 (CNA) Taichung police on Monday revealed the arrest last year of an alleged heroin dealer who evaded detection by hiding her drugs in a baby stroller. https://focustaiwan.tw/society/202503030010
Read MoreCentral bank expected to leave rates unchanged amid tariff uncertainty
Taipei, March 3 (CNA) The Central Bank of the Republic of China (Taiwan) is expected to leave its key interest rates unchanged at its upcoming quarterly policymaking meeting scheduled for March 20, at a time when the local economy faces uncertainties created by a tariff war launched by the Trump administration, according to economists. https://focustaiwan.tw/business/202503030009
Read MoreTaiwanese boxers win gold at international boxing tournament in Bulgaria
Taipei, March 3 (CNA) Taiwanese female boxers Chen Nien-chin (陳念琴) and Wu Shih-yi (吳詩儀) clinched gold medals in their respective weight divisions at this year’s International Boxing Tournament (Strandja) in Bulgaria on Sunday. https://focustaiwan.tw/sports/202503030008
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