Fuel prices in Taiwan to fall this week

Taiwan's two major fuel suppliers announced a slight drop Sunday in fuel prices for this week, citing a fall in global crude prices due to the growing trade tension between China and the United St...

The Latest: Iran says US did not intercept drones

DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf (all times local): 12:15 p.m. Iran has again denied that any of its drones were interc...

British vessel transits strait where Iran seized tanker

DUBAI, United Arab Emirates (AP) — A large British-flagged vessel has transited the Strait of Hormuz in the first such passage made by a British ship since Iran seized a U.K.-flagged tanker last week....

LPG explosion occurs at factory in Yunlin County, Taiwan

TAIPEI (Taiwan News) – An explosion occurred at a factory in Yunlin County’s Mailiao Industrial Complex (麥寮六輕工業區) at a facility belonging to the Formosa Chemicals and Fibre Corporation at ...

India becomes world's 2nd largest LPG importer after China

NEW DELHI (AP) — India has become the world's second largest importer of liquefied petroleum gas as its government pushes cleaner alternatives to traditional cooking fuels such as firewood and cow dun...

India set to displace China as world's second largest oil consumer in 2019

TAIPEI (Taiwan News) – Current trends in the oil industry indicate that India is set to surpass China as the second largest consumer of oil imports in 2019, according to consultancy firm Wood Ma...

Taiwan’s CPC Corp reaps benefit of Australian investment

TAIPEI (Taiwan News) – Taiwan's CPC Corporation (台灣中油) will soon see the benefits of its diversified investments, with Inpex Corp's gas production plant off northern Australia officially...

Mitsubishi Fuso Expands Allison Transmission’s Presence in Class 4 and Class 5 Truck Market

INDIANAPOLIS--(BUSINESS WIRE)--Jun 6, 2018--Allison Transmission’s presence in the Class 4 and Class 5 truck market has recently expanded with Mitsubishi Fuso Truck of America unveiling its new FUSO F...

Key Insights for the Global Industrial Gas Storage Cabinets Market 2018-2022| Technavio

LONDON--(BUSINESS WIRE)--May 14, 2018-- projects the to exceed USD 1,617 million by 2022. Growth in the demand for specialty chemicals is a key driver, which will impact market growth. Specialty che...

Global Marine Loading Arms Market - Increased Demand for Oil and Gas to Boost Growth| Technavio

LONDON--(BUSINESS WIRE)--May 1, 2018-- market research analysts forecast the to grow at a CAGR of close to 5% during the period 2018-2022, according to their latest report. This pre...

Explosion at restaurant caused by overturned propane tank

TAIPEI (Taiwan News) -- Officials believe yesterday's (Feb. 1) massive blast that injured 16, three critically, at a restaurant in Kaohsiung was caused by a overturned propane tank in the kitchen,...

Are all Russia ties now sinister, or are some just business?

MOSCOW (AP) — A shipping company partly owned by President Donald Trump's commerce secretary is one of the few in the world that can transport liquefied petroleum gas in cold and icy conditions. Russi...

Are all ties to Russia now sinister, or some just business?

MOSCOW (AP) — Disclosures of connections between Russia, Donald Trump and his big business advisers have cast an ominous cloud over the White House. But experts say some of the connections are just th...

Taiwan experts advise not to buy a house, but rent it

TAIPEI (Taiwan News) – Some local studies indicate the dire concern of Taiwanese youth about high house prices, forcing them to postpone marriage and parenthood due to their strong sense of inse...

Chance and challenge: Japan Inc worried but hopeful on Trump

TOKYO (AP) — President Donald Trump's salvos on trade and currency are rattling Japan Inc., but many here hope Prime Minister Shinzo Abe can sell him a "win-win" package of job creation and investment...