Taiwan tycoon’s son rejected as chairman of Nan Shan Life Insurance

TAIPEI (Taiwan News) – The 36-year-old son of tycoon Samuel Yin (尹衍樑) was too inexperienced to take the position of chairman at Nan Shan Life Insurance Co., Ltd., the Financial Supervisory Commi...

Largest Tsutaya bookstore in Taiwan opens

TAIPEI (Taiwan News) — Renowned Japanese bookstore franchise Tsutaya Bookstore opened its biggest branch in Taiwan at CITYLINK mall in Taipei’s Nangang District on Friday (Dec. 6). Cele...

Taiwan textile manufacturers looking for blue ocean markets outside Vietnam

TAIPEI (Taiwan News) – Taiwanese textile companies in Vietnam are looking for new “blue oceans” as competition becomes stiffer amid the protracted U.S.-China trade dispute that has p...

10 surprising facts about Taiwan: Telegraph

TAIPEI (Taiwan News) -- The Telegraph last Wednesday (March 28) released a list of 10 surprising facts about the Taiwan many in the West may not be aware of. In its list titled "Top 10 | Thin...

Taiwan fines RT-Mart supermarket NT$3.5 million for causing toilet paper panic

TAIPEI (Taiwan News) – The Fair Trade Commission (FTC, 公平會) said Wednesday it was fining supermarket chain RT-Mart (大潤發) NT$3.5 million (US$119,800) for the false announcement of price hikes for...

35 Taiwan tycoons listed on Forbes' World Billionaires list

TAIPEI (Taiwan News) - Forbes has released its annual World's Billionaires list on Tuesday, with 35 of Taiwan's wealthiest tycoons in the list, including Foxconn Chairman Terry Gou (郭台銘), who ...

Alibaba to buy major stake in Taiwan's RT-mart business in China

TAIPEI (Taiwan News) -- Alibaba Group Holding Ltd. (阿里巴巴), China's biggest e-commerce company, agreed to acquire a stake in a hypermarket chain partly owned by the Taiwan-based company Ruentex Gro...

Former US vice president visits Taiwan

TAIPEI (Taiwan News) — Former Vice President of the United States and Nobel Peace Prize winner Al Gore is visiting Taiwan at the invitation of Gogoro, the Taiwan-based electric scooter manufactu...

Taiwan’s Gogoro raises NT$9 billion in third round of financing

TAIPEI (Taiwan News) – After successfully launching its second-generation Smartscooter late in May in Taiwan, electric scooter manufacturer Gogoro announced September 20 that it had raised NT$9 ...

Forbes names Terry Gou richest man in Taiwan

TAIPEI (Taiwan News) - Terry Gou (郭台銘), Chairman of Hon Hai Precision Industry Co., Ltd., has been named the richest person in Taiwan by Forbes. Forbes released its 2017 list of billionaires Monday...

Northern Taiwan new housing projects drop to lowest level in 6 years

TAIPEI (Taiwan News)—The number of new housing projects released onto the market by developers plummeted to record low in the last six years, according to statistics compiled by real-estate maga...

Former Academia Sinica president charged with corruption in OBI Pharma scandal

Taipei (Taiwan News)--Former Academia Sinica President Wong Chi-huey on Monday became the first president of the country's top research institute to be charged with corruption after investigation ...

Ex-First Lady to resign from Mega foundation

TAIPEI (Taiwan News) – Former President Ma Ying-jeou’s wife, Christine Chow, will resign as executive director of the Mega Financial Holding’s charity foundation following a number of scandals swirlin...

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...

Mega case escalates in new direction

TAIPEI (Taiwan News) – Prosecutors on Tuesday applied for the detention of former Mega Financial Holding Chairman McKinney Tsai following the overnight questioning of tycoon Samuel Yin, while seven go...