Investigators find 270 million yuan in cash at homes of Chinese financier

TAIPEI (Taiwan News) – During an investigation into corruption, Chinese authorities reportedly found 270 million yuan (NT$1.2 billion, US$39.4 million) worth of cash at homes owned by Lai Xiaomi...

China’s GDP growth in 2018 estimated to be down 0.2% by impact of China-U.S. trade war

TAIPEI (Taiwan News)--According to an International Data Corporation (IDC) report on August 3, the trade war between the United States and China will negatively impact both economies, particularly the...

US-China Trade War: Chinese companies selling US real estate assets

TAIPEI (Taiwan News) – In response to the mounting tensions and ongoing trade war with the U.S., Beijing has reportedly begun restricting private Chinese investment into overseas real estate, in...

Asian shares mostly lower as China-US tariffs moves loom

BANGKOK (AP) — Asian shares were mostly lower on Wednesday after U.S. stocks succumbed to a sell-off in the final minutes of trading, snapping a three-day winning streak. KEEPING SCO...

Far from plain sailing on the Maritime Silk Road

SINGAPORE (East Asia Forum) -- China’s South Asian ambitions for its Maritime Silk Road (MSR) have hit foul waters. On the one hand, the MSR must navigate the strategic competition between In...

TAIFEX and S&P Dow Jones co-launch Taiwan's first RMB futures indices

TAIPEI (Taiwan News) - Taiwan Futures Exchange (TAIFEX) announced the launch of the S&P/TAIFEX RMB Indices in collaboration with the world's leading index provider S&P Dow Jones ...

Taiwanese artist is blasted for representing Chinese smartphone brand Oppo

TAIPEI (Taiwan News) – A Taiwanese celebrity became a target for criticism from both Chinese and Taiwanese netizens due to his support for Sunflower Movement three years ago as he became a ...

HK$216,000 confiscated from a Chinese man at Taiwan's main airport

TAIPEI (Taiwan News) -- A man of Chinese nationality was detained for carrying undeclared cash of about HK$294,528 (NT$1.13 million) on Friday at Taiwan Taoyuan International Airport, offici...

FIFPro pushes for union to protect player rights in China

HOOFDDORP, Netherlands (AP) — The world players' union is pushing for the creation of a footballers' association in China amid concerns about overdue payments in the burgeoning league. ...

China raises short-term interest rates after US increase

BEIJING (AP) — China's central bank raised short-term interest rates Thursday following the U.S. rate increase as Beijing tries to shore up the value of its currency and stanch an outflow of money. ...

Economist: Trump policies likely to drive up dollar

FRANKFURT, Germany (AP) — When President Donald Trump this year said the dollar might be "too strong," he added a new twist to how the U.S. government talks about its currency. Going...

AOPA China Honors Julie Wang (Wang Zheng), First Chinese Person to Fly Solo Around-the-World, at AirShow China 2016

ZHUHAI, Guangdong, China--(BUSINESS WIRE)--Dec 1, 2016--AOPA China, a chapter of the Aircraft Owners and Pilots Association (“AOPA”), on the first day of AirShow China 2016, honored pioneer aviatrix J...

China currency dips to lowest level versus dollar in 8 years

BEIJING (AP) — China's central bank set the value of the yuan at the currency's lowest level against the U.S. dollar in more than eight years on Friday. The "parity rate" for the yua...

Global stocks, oil rise after Wall Street hits record

LONDON (AP) — Global stocks rose on Tuesday, buoyed by Wall Street's close at a record high and hopes that OPEC will support the price of oil with a production cut. KEEPING SCORE: Fr...

Asia shares listless but China, Japan rise on dollar's gain

HONG KONG (AP) — Shares in Japan and China rose Monday as the dollar's strength lifted the outlook for their exporters but other Asian shares were listless as investors increasingly factored in a Dece...