Business Highlights

___ Looting devastates businesses already shaken by virus NEW YORK (AP) — Looting and vandalism in cities across the country have dealt another blow to small busine...

Bell, Telus give 5G contracts to Europeans, Huawei shut out

TORONTO (AP) — Two of Canada’s three major telecommunication companies announced Tuesday they’ve decided not to use Chinese tech giant Huawei for their next-generation 5G wireless network. ...

Taiwan to introduce cheapest 5G unlimited data plan in world

TAIPEI (Taiwan News) — According to Taiwanese communications service providers, the island country is expected to introduce the cheapest 5G unlimited data plan in the world sometime during the s...

JP Morgan's chief economist optimistic about Taiwan's growth

TAIPEI (Taiwan News) — JP Morgan Chief Economist Bruce Kasman said Tuesday (May 26) that Taiwan's economy is relatively stable despite the coronavirus pandemic and will perform better than m...

Taiwan ex-HTC CEO to release world's first social 5G VR headset

Former HTC CEO Peter Chou (周永明), who three years ago started his own social virtual reality company XRSpace, on Tuesday (May 26) unveiled a new VR platform designed to facilitate social interaction an...

Israel passes on Chinese bid for major desalination plant

JERUSALEM (AP) — Israel on Tuesday awarded a contract to build a new desalination plant to a local company, turning down a bid by a Hong Kong conglomerate at a time of growing U.S. pressure to avoid C...

UK reportedly to phase out Huawei from 5G network

TAIPEI (Taiwan News) — The UK government is moving toward a full phase-out of Huawei technology from Britain’s 5G network within three years. Prime Minister Boris Johnson has reportedly...

Indian academic encourages closer Taiwan-India ties

TAIPEI (Taiwan News) — Taiwan will benefit from closer engagement with India in the midst of the coronavirus (COVID-19) as President Tsai Ing-wen (蔡英文) embarks on her second term, according to a...

Industrial policy laid out for Taiwanese president's second term

TAIPEI (Taiwan News) — The new head of Taiwan’s policy-making body laid out the development blueprint for the new government that will bolster the core industries mentioned in the inaugura...

AT&T to drop misleading '5G' marketing for non-5G networks

AT&T says it will stop advertising its wireless network as “5G Evolution” after a division of the Better Business Bureau determined that its language was misleading. The network AT&T branded t...

Taiwan export orders up over 2% year-on-year in April

Taiwan's export orders rose more than 2 percent from a year earlier in April, marking the second consecutive month of a year-on-year increase, even though the global economy was hurt badly by the ...

China uses trade as weapon to silence virus criticism

WELLINGTON, New Zealand (AP) — Trying to silence criticism over the coronavirus pandemic, China is deploying a well-used weapon — trade sanctions. Beijing has blocked some imports of...

Innovation ecosystem launched to revolutionize S. Taiwan business landscape

TAIPEI (Taiwan News) — As the coronavirus pandemic creates headwinds for many industries in Taiwan, a Tainan university is set to lead an innovation ecosystem in which the government and top tec...

Taiwan's economy shows resilience in Q1

TAIPEI (Taiwan News) — Taiwan's international trade climbed in Q1 despite the severe impacts the Wuhan coronavirus (COVID-19) pandemic has had on the world economy; goods shipped to China, t...

Virus-afflicted 2020 looks like 1918 despite science's march

WASHINGTON (AP) — Despite a century's progress in science, 2020 is looking a lot like 1918. In the years between two lethal pandemics, one the misnamed Spanish flu, the other COVID-...