Taiwan ranked No. 4 in world in net wealth

TAIPEI (Taiwan News) — Taiwan has risen to rank as the fourth-richest country in terms of net financial assets and the second-richest in Asia in the last wealth report by the Allianz Group. A...

Taiwan ranked 17th richest country in world

TAIPEI (Taiwan News) -- Taiwan was ranked as the 17th richest country in the world by Global Finance Magazine based on per capita income and adjusted for purchasing power. In its latest report on r...

'Arab Palace' up for sale for NT$3.3 billion in NE Taiwan

TAIPEI (Taiwan News) -- A massive Middle Eastern-style palace in northeastern Taiwan, which has seldom been seen by the public, is up for sale for the price of NT$3.3 billion (US$71.3 million). Th...

Taipei is the 43rd wealthiest city in the world, New York most wealthy: study

TAIPEI (Taiwan News) – Taipei is the 43rd wealthiest city in the world, with New York retaining the mantle as the world's richest city according to a report published by REPro Frank Knight t...

Asian tiger Taiwan has 13th most millionaires

TAIPEI (Taiwan News) -- Taiwan has the 13th most people with a net worth of over US$1 million in the world, according to the newest edition of the Global Wealth Report by the Credit Suisse Research In...

Taipei ranked 4th most expensive city in Asia

TAIPEI (Taiwan News) -- Taipei has been listed as the 4th most expensive city in Asia for luxury living in the Julius Baer Wealth Report Asia 2017, the 7th year the annual report has been generated ba...

Taiwanese man buys San Francisco street for $90K after rich residents fail to pay tax

SAN FRANCISCO (AP) — These days, the price of a San Francisco home can easily top a million dollars. But one savvy investor has bought up a whole street in the city's most exclusive neighbor...

Taiwan has fifth-lowest rate of bribery in Asia Pacific: survey

TAIPEI (Taiwan News) -- Taiwan had the fifth-lowest rate of bribery in Asia according to Transparency International's “People and Corruption: Asia Pacific” report in which the organiza...

Merry Christmas: Uncle Sam wants dual U.S.-Taiwan citizens to pay up

Taipei (Taiwan News) -- Three days before Christmas, Taiwan and the United States worked together to send Americans living in Taiwan a special Christmas gift -- the long-rumored "Fat Coffee Agree...

Taiwan's average wealth higher than most Asia-Pacific nations: report

Taiwan's average wealth level in 2016 stands at US$172,800, which is well above those of most countries in the Asia-Pacific region and similar to that of Western Europe, according to the Credit Su...

Tsai plans to raise gift, inheritance taxes to finance senior care

Listing long-term care services for the elderly as a top priority of her government, President-elect Tsai Ing-wen has specified that the program will be mainly funded by income from gift and inheri...

A New Year’s resolution for the KMT

For the Kuomintang, 2015 will mean the end of the rule of President Ma Ying-jeou, at least as party chairman. On January 17, party members will vote for a new leader, and there is only one candidate, ...