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Taiwan sees upside from China power curbs if orders shifted

Taiwan may benefit from orders being shifted to the island if China's power curbs disrupt the country's exports, Taiwan Central Bank Governor Yang Chin-long said on Thursday. The world'...

Taiwan central bank likely to freeze key interest rate: Survey

TAIPEI (Taiwan News) — The next meeting of Taiwan's monetary policy committee is scheduled on Thursday (Sept. 23), and the body is expected to keep the discount rate at 1.125% for the sixth ...

Taiwan Central Bank governor receives A- rating

TAIPEI (Taiwan News) — Central Bank Governor Yang Chin-long (楊金龍) has received an “A-" rating from Global Finance magazine, ending up in the same category as United States Federal Res...

American Institute in Taiwan director calls on economic affairs minister

TAIPEI (Taiwan News) — American Institute in Taiwan (AIT) Director Sandra Oudkirk on Tuesday (Aug. 24) met with Taiwan's Minister of Economic Affairs Wang Mei-hua (王美花) to talk about bilater...

Taiwan Central Bank's 'govcoin' not ready for rollout yet

TAIPEI (Taiwan News) — Taiwan's Central Bank disclosed on Thursday (June 17) the country has been working on a pilot platform for a potential Central Bank digital currency — though the...

Former governor of Taiwan's Central Bank awarded honorary doctorate

TAIPEI (Taiwan News) — Former Central Bank Governor Perng Fai-nan (彭淮南) on Thursday (April 29) accepted an honorary doctoral degree in economics from National Tsing Hua University (NTHU) for his...

Taiwan central bank says may revise up 2021 growth forecast

Taiwan's central bank may again revise this year's growth forecast higher given the island's strong economic prospects, but will also keep an eye on whether the economy could overheat, its...

Yellen to label Taiwan 'currency manipulator,' let China off hook

TAIPEI (Taiwan News) — In an apparent disconnect with the Biden administration's vow to hold Beijing accountable for unfair trade practices, U.S. Secretary of the Treasury Janet Yellen appea...

Taiwan central bank seen holding fire again with economy strong: Reuters poll

TAIPEI (Reuters) - Taiwan’s central bank is expected to keep its policy rate steady at a record low this week as the economy continues to bounce back from the COVID-19 pandemic, supported by str...

US may label Taiwan as currency manipulator, says central bank governor

Taiwan central bank governor Yang Chin-long said on Thursday (March 11) that the United States may label the island a currency manipulator, judging by Washington’s three main criteria for making...

Central bank tightens mortgage rules to cap property speculation

The central bank on Monday said it has tightened the rules governing mortgages extended by banks, effective Tuesday, in a bid to rein in speculation in the local property market. Central bank Gover...

Taiwan central bank governor Yang receives top grade in global report

Taiwan's central bank governor Yang Chin-long (楊金龍) has earned an "A" grade, for the second consecutive year, in an annual report issued by the New York-based Global Finance magazine. ...

Taiwan currency surges past NT$29 to the US dollar

TAIPEI (Taiwan News) — The exchange rate for the New Taiwan dollar on Tuesday (Oct. 6) surged past the NT$29 mark to reach its highest value since Central Bank Governor Yang Chin-long (楊金龍) took...

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 adopts three-pronged approach to bolstering economy

TAIPEI (Taiwan News) — Taiwan is introducing three measures to help the country ride out the economic woes inflicted upon by the coronavirus, central bank Governor Yang Chin-long (楊金龍) said on M...