U.S.-China trade impact on markets may be short-lived: Taiwan scholars

TAIPEI (CNA) - The impact on local financial markets resulting from escalating trade friction between the United States and China could be short-lived, economists said Tuesday. Dachrahn W...

Societe Generale approved to issue Taiwan dollar green bonds

Taipei (CNA) - Societe Generale, a French-based banking group, has secured approval from the Financial Supervisory Commission (FSC) to issue Taiwan dollar-denominated "green bonds" in T...

US to export 36 Amphibious Assault Vehicles to Taiwan

TAIPEI (Taiwan News) -- The U.S. has set aside 36 Amphibious Assault Vehicles (AAV-7) from its reserve inventory of vehicles to ship to Taiwan to bring the total fleet of the armored troop c...

New Taiwan Dollar depreciates quickly amid economic uncertainty in Spain and Italy

TAIPEI (Taiwan News)— As the United States dollar continues to rise, the exchange rate of the New Taiwan Dollar against the US dollar was NT$30.010 on May 30, a depreciation of 2.20 points,...

Taiwan gas prices expected to increase by NT$0.50 next week

TAIPEI (Taiwan News)—Tensions in the Middle East has increased international oil prices, with Taiwan unable to escape the trend. According to the CPC Corp., Taiwan Floating Oil Pric...

March CPI rises on back of tobacco, vegetable price increases

Taipei  (CNA) - A hike in tobacco and vegetable prices in March pushed up the local consumer price index (CPI) for the month, the Directorate General of Budget, Accounting and Statistics (DGBAS) ...

Reduced fuel prices in Taiwan next week

TAIPEI (Taiwan News) — Formosa Petrochemical Corporation announced fuel price cuts for next week. A spike in the production of crude oil in Russia is one of the reasons for the drop in p...

Bitcoin trade should be regulated by anti-money laundering rules:Taiwan Official

Taipei, April 2 (CNA) Taiwan's central bank Governor Yang Chin-long (楊金龍) said Monday that transactions of the cryptocurrency Bitcoin should be regulated by anti-money laundering rules. In a he...

Winner of new Taiwan banknote design contest announced 

TAIPEI (Taiwan News) -- Democratic Progressive Party Legislator Gao Jyh-peng (高志鵬) announced the winner of a contest to come up with a new design for Taiwan's banknotes yesterday (M...

No plans to remove President Chiang Kai-shek from banknotes: Taiwan premier

TAIPEI (Taiwan News) – The government has no plans to change banknotes or coins in order to remove effigies of President Chiang Kai-shek, Premier William Lai (賴清德) said Tuesday. New Central B...

U.S. dollar closes lower on Taipei forex (update)

Taipei, Oct. 14 (CNA) The U.S. dollar fell against the Taiwan dollar Friday, shedding NT$0.088 to close at NT$31.672 in reflection of a rebound staged by other regional currencies after a recent slu...

Taiwan could remove President Chiang Kai-shek from banknotes and coins

TAIPEI (Taiwan News) – If the new transitional justice legislation requires it, symbols of authoritarian rule such as effigies of President Chiang Kai-shek could be removed from the country&rsqu...

EPA to encourage public transport use with 'green points'

Taipei, Feb. 28 (CNA) The Environmental Protection Administration (EPA) is expanding a campaign to encourage the use of public transportation by increasing the number of "green points," whic...

Currency stabilization major challenge: new central bank governor

The new governor of Taiwan's central bank, Yang Chin-long (楊金龍), said Monday at his swearing in ceremony that the bank's main challenge at the moment is finding ways to maintain stable interes...

Bubble Tea design for new Taiwanese banknote described as 'cute' and 'creative'

TAIPEI (Taiwan News) – How would residents in Taiwan feel about a New Taiwan Dollar banknote designed using popular snacks and beverages of the island? One design for the competition in searc...