Taiwan's investment forums go online amid virus pandemic

In order to build a faster and more efficient communication channel between Taiwan's high-quality listed companies and international institutional investors, the Taiwan Stock Exchange and SinoPac ...

Infected workers, parts shortages slow auto factory restarts

DETROIT (AP) — The U.S. auto industry’s coronavirus comeback plan was pretty simple: restart factories gradually and push out trucks and other vehicles for waiting buyers in states left largely untouc...

Taiwan government database leaked on dark web

TAIPEI (Taiwan News) — It was reported on Friday (May 29) that a government database of more than 20 million Taiwanese citizens was leaked on the dark web. According to researchers at Cyble I...

FDA finds contamination in several brands of diabetes drug

WASHINGTON (AP) — U.S. health regulators are telling five drugmakers to recall their versions of a widely used diabetes medication after laboratory tests found elevated levels of a contaminant linked ...

Nissan plans to close Barcelona factories, 3,000 jobs lost

MADRID (AP) — Spain’s government says that Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plants in the northeastern Catalonia region, resulting in the loss of some 3,000 di...

Taiwan woos international buyers with one-stop solution for mask production

TAIPEI (Taiwan News) — Taiwan will provide a one-stop service for mask manufacturing amid growing international demand for respirators as the coronavirus (COVID-19) rages worldwide. Foreseein...

UK plans to cut reliance on China for strategic goods

TAIPEI (Taiwan News) — British Prime Minister Boris Johnson has reportedly embarked on plans to reduce the U.K.’s reliance on China for medical supplies and strategic goods. The move, p...

US seeking industry cooperation on future medical supplies

WASHINGTON (AP) — U.S. officials are invoking a rarely used provision of American law that would shield companies from antitrust regulations to help the country from again running out of medical suppl...

Qatar World Cup organizers fear fans won't afford attending

Organizers of the World Cup in Qatar are concerned that many fans won't be able to afford traveling to the tournament in 2022 if the coronavirus pandemic causes a global recession. M...

Asian shares mixed as virus worries counter recovery hopes

TOKYO (AP) — Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. ...

Business Highlights

___ Mnuchin and Powell push differing priorities to aid economy WASHINGTON (AP) — Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell offered ...

TSMC halts Huawei orders in wake of new US sanctions: Nikkei Asian Review

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company (TSMC) has reportedly stopped taking orders from Huawei Technologies in the wake of new U.S. sanctions imposed on the Chinese te...

Taiwan should seize chance to push for greater cooperation with US, Europe: ISTI director

TAIPEI (Taiwan News) — Taiwan is positioned to gain firm footing in the global supply chain with de-sinicization set to take hold in the post-coronavirus era. Taiwan's strengths in a vari...

Fiat Chrysler makes $6.8 billion Italy-backed loan request

SOAVE, Italy (AP) — Fiat Chrysler Automobiles has confirmed a request for an Italian state-backed loan to help the automotive sector relaunch from the coronavirus shutdown, a move that set off debate ...

China warns US of ‘all necessary measures’ over Huawei rules

BEIJING (AP) — China’s commerce ministry says it will take “all necessary measures” in response to new U.S. restrictions on Chinese tech giant Huawei’s ability to use Ame...