Taiwan-Filipino worker brokerage investigated for illegal currency trading

TAIPEI (Taiwan News) — Taipei's Investigation Bureau searched the offices of the Philippine migrant worker brokerage Hua-gong-han (華公行) on Monday (Jan. 6) due to its alleged involvement in i...

Migrant workers arrested in N. Taiwan for illegally transferring money from shops

TAIPEI (Taiwan News) — The Taoyuan City Police raided three shops run by migrant workers from Southeast Asia on Thursday (Dec. 19) and discovered that the shops had been secretly used as illegal...

Excess of ATMs hampers Taiwan’s bid to go cashless

TAIPEI (Taiwan News) — Former premier and Appacus Foundation Chairman Sean Chen (陳沖) wants to revisit Taiwan’s policy on automated teller machines (ATMs), as he believes they are a hurdle ...

Pro-China gangster 'White Wolf' snared in Taipei for ill-gotten gains

TAIPEI (Taiwan News) -- Former gang leader and current head of the Chinese Unity Promotion Party (CUPP, 統促黨) Chang An-le (張安樂), aka the "White Wolf" and five other members of his party were ...

Today in History

Today in History Today is Sunday, June 16, the 167th day of 2019. There are 198 days left in the year. Today's Highlight in History: On June 16, 1...

Taiwan indicts Bitcoin traders for violations of banking act

Seven people who were arrested on June 13, last year, for allegedly operating a fraudulent cryptocurrency investment scheme were officially charged with violating multiple banking and business related...

Kaohsiung's Mayor-elect Han taps alleged felon as cabinet member

TAIPEI (Taiwan News) -- Kaohsiung's controversial Mayor-elect Han Kuo-yu (韓國瑜), who last week was found to have been convicted of negligent homicide, yesterday (Dec. 3) announced that he has chose...

Cherry Pay in trouble: Taiwan's potential fintech unicorn trapped in banking laws

TAIPEI (Taiwan News) -- One year ago, a Taiwanese fintech startup clinched a top award from Singapore among 300 contestants from around the world, but it has recently been forced to temporarily halt s...

Today in History

Today in History Today is Saturday, June 16, the 167th day of 2018. There are 198 days left in the year. Today's Highlight in History: On June 16,...

Taiwanese tycoon needs 90 minutes to find NT$400 million for bail

TAIPEI (Taiwan News) – SinoPac Financial Holdings Co. (永豐金控) founder Ho Show-chung (何壽川) needed less than an hour and a half to find NT$400 million (US$13 million) to pay for bail, reports said ...

Today in History

Today in History Today is Friday, June 16, the 167th day of 2017. There are 198 days left in the year. Today's Highlight in History: On June 16, 1...

Premier rules out government takeover of TransAsia

TAIPEI (Taiwan News) – There is no legal basis for a government takeover of TransAsia Airways after it announced a shutdown, Premier Lin Chuan said Wednesday. The 65-year-old airline ...

Mega ex-chair detained over Ruentex loan

TAIPEI (Taiwan News) – Former Mega Financial Holding Chairman McKinney Tsai was ordered detained Wednesday over allegedly illegal loans to the Ruentex Group. The approval of the prosecutors’ request...

Prosecutors conduct raids in Mega case

TAIPEI (Taiwan News) – Prosecutors visited the headquarters of Mega International Commercial Bank, the Ministry of Finance and the Financial Supervisory Commission Tuesday to read documents related to...

Jeffrey Koo, Jr. released on bail, banned from overseas travels

Taipei, June 9 (CNA) Jeffrey Koo, Jr., a major shareholder of CTBC Financial Holding, was released early Thursday on a NT$100 million (US$3.11 million) bail after being questioned overnight by prosecu...