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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...

US stops short of branding Taiwan ‘currency manipulator

TAIPEI (Taiwan News) — The U.S. Treasury Department said Friday (April 16) there was insufficient evidence to label Taiwan as a currency manipulator despite the country having met its criteria f...

Business Highlights

___ How the Kremlin provides a safe harbor for ransomware BOSTON (AP) — A global epidemic of digital extortion known as ransomware is crippling local governments, h...

US lifts Vietnam, Switzerland from currency manipulator list

WASHINGTON (AP) — The U.S. Treasury has removed Vietnam and Switzerland from the list of nations labeled as currency manipulators, reversing a decision made by the Trump administration in December. ...

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...

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...

Taiwan says hopes to cut trade surplus after U.S. currency move

TAIPEI (Reuters) - Taiwan hopes to cut its trade surplus with the United States to address U.S. concerns about the Taiwan dollar’s exchange rate, the island’s central bank said on Thursday...

US brands Vietnam, Switzerland as currency manipulators

WASHINGTON (AP) — The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators while putting China and nine other countries on a watch list in an annual report designed to...

China leads in race for digital currency

Imagine going to the bank to take out cash, except without going to the bank and without the cash. If the Chinese central bank's plan for a digital yuan succeeds, the future could look something l...

Today in History

Today in History Today is Wednesday, Aug. 5, the 218th day of 2020. There are 148 days left in the year. Today’s Highlight in History: On August...

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), ...

US might put Taiwan on currency manipulation watchlist

TAIPEI (Taiwan News) — The United States might put Taiwan on its watchlist for currency manipulators next month under current conditions, Central Bank Governor Yang Chin-long (楊金龍) told lawmaker...

Thornier trade issues await after in initial US-China deal

WASHINGTON (AP) — The United States and China are taking a step toward trade peace after 18 months of economic skirmishing. President Donald Trump and China's chief trade negotiator,...

Health care and tech stocks lead early gains on Wall Street

NEW YORK (AP) — Stocks are opening slightly higher on Wall Street, led by gains in health care and technology companies. UnitedHealth, the country's largest health insurer, climbed 2.2% in early tradi...

US-China pact signing to ease tension but leave much undone

WASHINGTON (AP) — After 18 months of economic combat, the United States and China are set to take a step toward peace Wednesday. At least for now. President Donald Trump and China's ...