Photo of the Day: Taiwan NT$100 bill vs real Chungshan Hall

TAIPEI (Taiwan News) — A photographer captured this image matching an illustration of Chungshan Hall (中山樓) on the NT$100 (US$3.40) note with the real thing, which he found to be in a surprising ...

Filipina arrested for scamming countrymen in Taiwan out of NT$80 million

TAIPEI (Taiwan News) — A Filipina migrant worker was taken into custody in central Taiwan on Wednesday (Aug. 5) for allegedly scamming her compatriots with the promise of a return on currency co...

Taiwan's TSMC 'briefly' becomes 10th most valuable company in world, Taiex passes 13,000

TAIPEI (Taiwan News) — As its share prices skyrocketed for a second day as U.S. rival Intel falters, Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) saw its market value hit US$431.74 billion...

Photo of the Day: Taiwan NT$1,000 bill vs. real Yushan

TAIPEI (Taiwan News) — A photographer captured this image matching an illustration of Yushan's main peak on the NT$1,000 (US$34) note with the real thing. Last week, Reddit user IB-45 cap...

Taiwan's central bank fixes interest rate, estimates lower GDP growth

TAIPEI (Taiwan News) — Taiwan's central bank announced on Thursday (June 18) it would maintain the current interest rate while lowering the estimated growth of gross domestic product (GDP), ...

Taiwan's CSD now selling plethora of colorful masks

TAIPEI (Taiwan News) — As the ban on the sale of face masks was lifted on Monday (June 1), Taiwanese mask brand China Surgical Dressings Center Co., Ltd (CSD) announced that it would begin selli...

Taiwan Futures Exchange to launch sustainability indices in 2020

TAIPEI (Taiwan News) — The Taiwan Futures Exchange (TAIFEX) saw nearly 270 million futures contracts traded in 2019, which is above the six-year average of 250 million, and is set to promote sus...

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...

Taiwan’s foreign exchange reserves reach record level in 2019

TAIPEI (Taiwan News) — Taiwan’s foreign exchange reserves reached a total of US$478.12 billion last month, the seventh consecutive monthly record, according to data from the Central Bank. ...

Isuzu to build car factory in Taiwan's Taichung

TAIPEI (Taiwan News) — The Taichung City Government announced on Monday (Jan. 6) that Japanese car manufacturer Isuzu will build its first overseas manufacturing base for eco-friendly commercial...

Taiwan banks to offer fresh cash for Lunar New Year on Jan. 16

TAIPEI (Taiwan News) — As many Taiwanese prepare to stuff red envelopes with crisp, new Taiwan dollar bills on Lunar New Year, Taiwan's central bank announced on Tuesday (Jan. 7) that a bank...

Taiwan stock market opens at 29-year high

TAIPEI (Taiwan News) — Following the boost to U.S. stocks after President Donald Trump tweeted Thursday (Dec. 12) that the U.S. and China are nearing a trade deal, Taiwan's stock market open...

Taipei's Hi-Life ATM provides foreign currency exchange

TAIPEI (Taiwan News) — A Hi-Life convenience store in the Dihua business circle in Taipei has an ATM that can carry out foreign currency exchange services, accepting foreign banknotes such as US...

FSC head lists 5 reasons why Taiwan is unlikely to replace Hong Kong as financial hub

TAIPEI (Taiwan News) — Despite the ongoing political turbulence and social unrest in Hong Kong, Taiwan is unlikely to replace the city as a financial hub in the Asia-Pacific region, according to...

New Taiwan dollar an unexpected winner of US-China trade war

TAIPEI (Taiwan News) – The New Taiwan dollar appears to have become an unexpected winner of the U.S.-China trade war, according to Bloomberg. Thanks to an influx of foreign capital and invest...