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Taiwan freezes gas prices, leaves state oil firm CPC gutted
Taiwan’s CPC Corporation has absorbed NT$90.6B (US$2.83B) in fuel costs since the U.S.-Iran war began, now exceeding its entire net worth of NT$85.4B.2026/04/06 03:56 -
Taiwan stocks recover after early plunge, close up 0.29%
Taipei stock market rose 94.45 points to 32,289.81 on Feb. 4, despite early losses. TSMC fell, while Foxconn and MediaTek gained. High-priced stocks showed strong momentum.2026/02/04 17:39 -
Taiwan stock index drops 439 points amid heavyweight losses
Taiwan’s stock market fell sharply on Feb. 2, closing 439.72 points lower. Major stocks like TSMC and MediaTek dropped amid external market influences.2026/02/02 15:33 -
Concert ticket scams target K-pop fans in Taiwan surge
Online shopping scams in Taiwan are the top source of victimization, with 452 cases daily in November. Financial losses hit NT$199.7 million. Learn more about scam tactics and prevention.2025/12/11 17:00 -
Taiwan blocks RedNote despite Facebook leading scams
Taiwan’s Ministry of the Interior will block the Chinese app RedNote for a year due to fraud cases. Facebook leads in scam reports, with 52,128 incidents.2025/12/05 12:00 -
Taiwan extends electric vehicle tax exemptions to 2030
Taiwan’s Legislative Yuan Finance Committee approved extending the electric vehicle tax exemption to 2030, but left the inclusion of hybrid vehicles unresolved. Lawmakers will continue to negotiate on compensating local governments for tax losses.2025/12/04 17:49 -
Taiwan machine tool exports plunge as US tariffs bite hard
Taiwan’s machine tool industry faces its worst crisis in 40 years as US reciprocal tariffs devastate exports. Major manufacturers like Takisawa Taiwan implement three-day work weeks while foreign exchange losses crush profits across the sector.2025/10/14 10:03 -
Hualien schools face NT$300 million in flood reconstruction
Education Minister Cheng Ying-yao visited Kuangfu Junior High in Hualien to assess overflow damage. The school faces NT$100 million in losses. Reconstruction plans are underway.2025/10/13 17:00 -
Taiwan dismantles 2,000 fraud rings in 7-month crackdown
Premier Cho Jung-tai reports on Taiwan’s anti-fraud strategy, noting a 22.5% drop in fraud cases and a 37.7% decrease in financial losses. Efforts include dismantling fraud rings, seizing assets, and enhancing cross-border cooperation.2025/08/15 18:00 -
Typhoon Danas leaves NT$1.59 billion in damages
Taiwan’s Executive Yuan reports Typhoon Danas caused NT$1.59 billion in damages, two deaths, and 708 injuries. Recovery efforts focus on restoring services and providing aid.2025/07/10 21:00 -
Typhoon Danas causes NT$1.6 billion in farm losses
Typhoon Danas has caused NT$1.6 billion in agricultural damage in Taiwan, with Chiayi County and Tainan City hardest hit. The Ministry of Agriculture offers aid.2025/07/09 15:27 -
Taiwan President visits southern Taiwan after Typhoon struck
Typhoon Danas hit southern Taiwan, causing severe damage. President Lai Ching-te visited Tainan to assess losses and pledged support for farmers. Power restoration is ongoing.2025/07/09 07:00 -
Typhoon Danas leaves 407,000 homes without power
Typhoon Danas hit Taiwan, leaving 663,000 homes without power. As of July 7, 407,000 remain affected. The storm caused two deaths and 502 injuries.2025/07/07 19:00 -
Typhoon Danas devastates Taiwan night markets
Typhoon Danas hit southern Taiwan on July 6, damaging night markets in Chiayi. Vendors face losses as they assess damage and plan recovery efforts.2025/07/07 16:00 -
Starlux Airlines postpones dividends amid market uncertainty
Starlux Airlines Chairman K.W. Chang discusses financial challenges, global instability, and the impact of tariffs. He emphasizes resolving financial issues before dividend payouts and praises employee dedication amid rapid expansion.2025/06/13 12:41 -
Taiwan dollar rise creates winners, losers across industries
The New Taiwan dollar’s surge boosts foreign confidence but challenges exporters. Logistics shift routes, and insurance faces losses. Experts weigh benefits and risks.2025/06/02 17:47 -
Taiwan Power says nuclear alone can’t ensure stable supply
Taiwan Power Co. states nuclear energy alone can’t ensure stable power amid financial losses from high fuel prices. Plans include diverse energy sources.2025/05/02 12:00 -
TSMC reports US$440M loss in Arizona plant in 2024
TSMC reports a NT$14.3 billion loss at its Arizona plant, the highest since inception. Despite challenges, TSMC plans U.S. expansion, focusing on advanced tech.2025/04/21 17:00 -
Taiwan warns tariff cuts could threaten 100,000 auto jobs
Taiwan’s economic minister warns that reducing tariffs could harm the automotive industry, risking job losses. Negotiations with the U.S. aim for zero tariffs.2025/04/09 19:00 -
Taiwan cities propose tax relief for tariff victims
Taichung Mayor Lu Shiow-yen and New Taipei Mayor Hou Yu-ih discuss the U.S. tariff’s impact on Taiwan’s industries, highlighting potential losses and proposed solutions.2025/04/08 17:32 -
New Taipei mayor addresses rising fraud concerns
New Taipei Mayor Hou Yu-ih addresses the impact of fraud, highlighting financial losses and underreporting. The city launches a fraud prevention office to boost awareness and improve arrest rates.2025/03/26 23:00 -
Experts warn of inflation risk from April electricity hike
Taiwan braces for an April electricity price hike to address TaiPower’s financial losses. Experts warn of inflation risks and impacts on the Consumer Price Index.2025/03/25 15:34 -
Taipower’s financial woes prompt subsidy discussion
Taiwan’s economic minister addresses Taipower’s financial losses, stressing the need for subsidies. An electricity price hike may affect consumers.2025/03/24 11:25 -
Taiwan reports NT$1.46 billion lost to scams in one week
Taiwan reports NT$1.46 billion in scam losses from March 9-15, with investment scams leading. The ＂165 Anti-Fraud Dashboard＂ offers tips to protect finances.2025/03/17 10:17 -
TSMC February revenue hits NT$260.09B, up 43.1% yoy
TSMC reports February revenue of NT$260.09 billion, an 11.3% drop from January but a 43.1% rise year-over-year. Despite earthquake impacts, TSMC maintains its financial outlook.2025/03/10 17:00
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