Report: Land for $9.4B complex could hold 7 slave cemeteries

NEW ORLEANS (AP) — Land bought for a Taiwan company's planned $9.4 billion plastics complex may hold as many as seven slave cemeteries — five more than previously thought, local activists said Wednesd...

Taiwan shares plunge on US market volatility

Taiwan shares moved sharply lower Friday morning after the U.S. markets plunged overnight on growing fears over the spread of the novel coronavirus (COVID-19) in the United States, dealers said. In...

Environmental groups challenge plastics complex permit

NEW ORLEANS (AP) — Conservation and community groups sued the Trump administration Wednesday, challenging environmental permits for a Taiwan company's planned $9.4 billion plastics complex in Louisian...

Taiwan shares end down amid geopolitical conflicts

Shares in Taiwan moved lower Wednesday, extending losses from a session earlier, as investors were motivated to cut their holdings by Iran's bombing of an airbase in Iraq housing U.S. troops, deal...

Formosa Plastics agrees to pay $50M for Texas Gulf pollution

POINT COMFORT, Texas (AP) — Formosa Plastics Corp. has agreed to pay $50 million to settle allegations that a company plant in Texas spilled tons of pellets into waterways near the Gulf of Mexico. ...

Taiwan’s economic outlook may not be so rosy in 2020

TAIPEI (Taiwan News) — A sluggish economy can be expected for Taiwan in the coming year, said the island’s leading business tycoons on Monday (Oct. 7). Wang Wen-yuan (王文淵), president of...

Taiwan shares soar over 130 points, led by 'Apple concept' stocks

Shares in Taiwan moved sharply higher Tuesday, jumping more than 130 points as major suppliers to Apple Inc. received a significant boost from the strong showing of shares in the U.S. consumer electro...

Taiwan-Canada team eying victory in driverless vehicle contest

A driverless vehicle project developed by Taiwanese and Canadian experts is hoping to take the top prize when the winners of an autonomous vehicle challenge are announced in Dubai and bring recognitio...

Taiwan's CNFI releases 2019 White Paper

The Taiwan-based Chinese National Federation of Industries (CNFI) released its 2019 White Paper Monday, which raised more than 200 suggestions to the government for a friendlier business environment a...

Japan’s export ban on South Korea to have limited impact on Taiwan: Economic Minister

TAIPEI (Taiwan News) – Japan’s move to tighten controls on exports to South Korea should have only a limited impact on Taiwan, said the island’s Economic Minister on Wednesday (July ...

Taiwan's Formosa Plastics raises workers' salaries by 3.378%

TAIPEI (Taiwan News) -- Formosa Plastics Group (FPG, 台塑) gave its employees a 3.378 percent pay raise this year. After negotiations between FPG President Wang Wen-yuan (王文淵) and workers' union ...

7,785 Vietnamese citizens file lawsuit against Taiwan's Formosa Plastics Group

TAIPEI (Taiwan News) – On Tuesday afternoon (June 11), a shareholders meeting of the Formosa Plastics Group (FPG) was held in Taipei after 7,785 Vietnamese citizens filed a lawsuit charging the ...

Economy most important bid in event of Terry Gou campaign: Taiwan business leader

TAIPEI (Taiwan News) - The economy should be the most important topic if Foxconn Technology Group chief Terry Gou (郭台銘) decides to run for president, said Wang Wen-yuan (王文淵), chairman of the Chinese ...

Approved investment in Taiwan from NSP countries soars over 40% in 2018

The amount of approved investment in Taiwan from countries targeted by the government's New Southbound Policy (NSP) jumped more than 40 percent year-on-year in 2018, according to data released by ...

China imposes anti-dumping tariffs on Taiwanese chemical vendors

Taipei, Dec. 29 (CNA) China has imposed anti-dumping tariffs on chemical companies in Taiwan, the United States and Malaysia, effective from Saturday, after vendors from those countries were found to ...