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Major weapons procurement plans in limbo as lawmakers unfreeze funding

Taipei, Nov. 4 (CNA) Lawmakers unfroze funding for 74 budget items under the Ministry of National Defense's (MND) 2026 general budget Wednesday, but several major items, including the procurement of National Advanced Surface-to-Air Missile Sysyems (NASAMS) and follow-up submarines under the Indigenous Defense…

Taichung mayoral candidates Ho, Chiang attend transit hub opening

Taichung, Nov. 4 (CNA) Democratic Progressive Party Taichung mayoral candidate Ho Hsin-chun (何欣純) and her Kuomintang rival Johnny Chiang (江啟臣) attended Wednesday's opening ceremony for a new bus transfer center expected to make transfers safer and more convenient for commuters.

TWSE, Bloomberg team up to boost Taiwan firms' global visibility

Taipei, Nov. 4 (CNA) The Taiwan Stock Exchange (TWSE) on Wednesday signed a memorandum of understanding (MOU) with Bloomberg to raise the international profile of Taiwanese companies and help foreign institutional investors better understand their financial fundamentals.

Taiwan cites bipartisan U.S. support after Democrats win Congress

Taipei, Nov. 4 (CNA) Taiwan continues to enjoy bipartisan support in the United States Congress and will work with both major parties to strengthen Taipei-Washington ties following the Democrats' midterm election victories, the government said Wednesday.

National Taiwan University remains 23rd in 2027 QS Asia rankings

London, Nov. 4 (CNA) National Taiwan University (NTU) held on to 23rd place in the 2027 QS Asia University Rankings released Tuesday, remaining Taiwan's highest-ranked institution, while National Cheng Kung University (NCKU) posted the biggest jump among local schools.

Eight THSRC employees found to have falsified inspection records

Taipei, Nov. 4 (CNA) Eight Taiwan High Speed Rail Corp. (THSRC) employees were recently found to have falsified inspection records for the Yunlin section of the high-speed rail line over a five-year period, a company executive said Wednesday.

Former CCTV host seeking asylum in Taiwan deported to Thailand

Taipei, Nov. 4 (CNA) Chinese national Cheng Wanjun (程萬軍), who remained at Taoyuan International Airport after arriving on a connecting flight from Thailand on Monday and sought asylum in Taiwan, was deported to Thailand early Wednesday, the National Immigration Agency (NIA) said.

Taiwan shares close lower but recover from lows amid U.S. midterms

Taipei, Nov. 4 (CNA) Shares in Taiwan closed lower Wednesday but recovered from the day's low as bargain hunters bought shares after prices fell, while investors assessed the U.S. midterm elections, in which Democrats were projected to gain control of Congress, dealers said.

Braised pork rice best represents Taiwan's cuisine: Survey

Taipei, Nov. 4 (CNA) Braised pork rice, or "lu rou fan" (滷肉飯), is the food most representative of Taiwan's cuisine, according to a survey released Wednesday by National Taiwan Normal University (NTNU).

Boats linked to legislative aide escape probe returned for inquiry

Taipei, Nov. 4 (CNA) Investigators seized two fishing boats in Keelung on Wednesday as part of a probe into a legislative aide who jumped bail in September after being indicted on corruption charges and reportedly fled Taiwan by boat in late October.

Taiwan shares close down 0.83%

Taipei, Nov. 4 (CNA) Taiwan shares ended down 358.63 points, or 0.83 percent, at 42,948.91 Wednesday on turnover of NT$1.11 trillion (US$34.02 billion).

T-34 sustains minor damage, pilots safe in Kaohsiung incident

Taipei, Nov. 4 (CNA) A T-34 trainer aircraft sustained "minor damage" during a landing at Gangshan Air Force Base in Kaohsiung Wednesday morning, while the two pilots on board were unharmed, a senior defense official said.

5 injured, 2 missing in Panasonic factory fire in Hsinchu

Taipei, Nov. 4 (CNA) Five people were injured in a fire at one of Japan's Panasonic Holdings Corp. overseas production sites in Hsinchu County on Wednesday, while two remained missing, according to the county's fire bureau.

PharmaEssentia seeks to expand access to blood cancer drug in Europe

Taipei, Nov. 4 (CNA) Taiwan-based drugmaker PharmaEssentia Corp. is seeking to expand patient access to its blood cancer drug Ropeg in Europe, where the treatment has yet to receive regulatory approval for essential thrombocythemia (ET), despite securing approval in several major markets.

U.S. dollar up in Taipei trading

Taipei, Nov. 4 (CNA) The U.S. dollar was traded at NT$32.850 at 10 a.m. Wednesday on the Taipei Foreign Exchange, up NT$0.090 from the previous close.

Taiwan shares open higher

Taipei, Nov. 4 (CNA) The Taiwan Stock Exchange's main index opened up 141.91 points at 43,449.45 Wednesday on turnover of NT$11.47 billion (US$349.95 million).

Taiwan headline news

Taipei, Nov. 4 (CNA) The lead stories in major Taiwan dailies on Wednesday are as follows:

Taichung mayoral race polls show conflicting results for Ho, Chiang

Taichung, Nov. 3 (CNA) Five opinion polls released since early October have shown contrasting levels of support for Taichung mayoral candidates Ho Hsin-chun (何欣純) of the Democratic Progressive Party (DPP) and Johnny Chiang (江啟臣) of the Kuomintang (KMT), with four putting Chiang ahead and the latest showing Ho in the…

GlobalWafers to issue US$500 million in bonds with Micron as sole subscriber

Taipei, Nov. 3 (CNA) Taiwan-based GlobalWafers Co., the world's third-largest silicon wafer supplier, said Tuesday it plans to issue unsecured convertible bonds worth up to US$500 million in a private placement, with U.S. memory chipmaker Micron Technology Inc. as the sole subscriber.

SinoPac still probing unauthorized transfer of NT$40 million: FSC

Taipei, Nov. 3 (CNA) Bank SinoPac is still investigating the cause of 427 unauthorized transactions totaling more than NT$40 million (US$1.21 million) and affecting 419 customers, the Financial Supervisory Commission (FSC) said Tuesday.

Drones, air defense missile funding bill advances to committee review

Taipei, Nov. 3 (CNA) The Cabinet's request for NT$607.6 billion (US$18.51 billion), including funding for unmanned weapons and a new surface-to-air missile system, advanced to committee review Tuesday after Premier Cho Jung-tai (卓榮泰) briefed the Legislative Yuan on the plan and answered lawmakers' questions.

Taiex suffers 7th steepest single-day point decline on tech sell-off

Taipei, Nov. 3 (CNA) Shares in Taiwan recorded the 7th steepest single-session point fall Tuesday, led by the bellwether electronics sector, as selling was triggered by a plunge among tech stocks in the United States overnight amid lingering concerns over massive AI spending, dealers said.

MediaTek offers strong investment returns over past 25 years: CEO

Taipei, Nov. 3 (CNA) MediaTek Inc., Taiwan's largest integrated circuit designer, has generated solid returns for investors over the past 25 years, as the company has diversified its product portfolio to boost revenue and pay good dividends, MediaTek's CEO said Tuesday.

Student skygazer in Taoyuan captures rare images of red sprites

Taipei, Nov. 3 (CNA) A National Central University (NCU) student in Taoyuan has captured rare red sprites on three occasions, providing images that could help scientists better understand the interaction between thunderstorms and the upper atmosphere.

Taipei orders work suspended at Beitou site after scaffolding collapse

Taipei, Nov. 3 (CNA) Four people were injured Tuesday morning after scaffolding collapsed at the demolition site of Taipei's Old Beitou Market, prompting city authorities to order a complete suspension of work and impose the maximum contractual penalty on the contractor.

Taiwan seeking formal APEC invitation from China: Premier

Taipei, Nov. 3 (CNA) Taiwan is working to secure a formal invitation from China to attend the 33rd Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting but will not rush into a decision on whether to attend the summit, Premier Cho Jung-tai (卓榮泰) said Tuesday.

Taiwan's stock market capitalization soars over 60% year to date

Taipei, Nov. 3 (CNA) The momentum in Taiwan's capital markets has accelerated over the past year, driven by soaring tech stocks boosted by the AI boom, Financial Supervisory Commission (FSC) Chairman Peng Jin-lung (彭金隆) said Tuesday.

Taiwan shares close down 3.59%

Taipei, Nov. 3 (CNA) Taiwan shares ended down 1,612.60 points, or 3.59 percent, at 43,307.54 Tuesday on turnover of NT$928.06 billion (US$28.48 billion).

Golden Horse releases promotional video with classic movie throwbacks

Taipei, Nov. 3 (CNA) The Taipei Golden Horse Film Festival Executive Committee rolled out a promotional film on Monday, paying homage to classic crime dramas such as "A Better Tomorrow" and "Infernal Affairs," ahead of its awards ceremony on Nov. 22.

MOFA buys Sydney property for new office, suspends Belize embassy work

Taipei, Nov. 3 (CNA) Taiwan's Ministry of Foreign Affairs (MOFA) has recently purchased a property to house its representative office in Sydney, while plans to build its own embassy in the Central American ally of Belize have been put on hold due to rising construction costs, a diplomat overseeing overseas property…

Taiwan at center of AI growth: Nasdaq executive

Taipei, Nov. 3 (CNA) Taiwan stands at the center of artificial intelligence development, with the highest AI exposure in the region, and has been a major beneficiary of efficient capital markets, a senior Nasdaq executive said Tuesday.

Parks unit offers details on Songshan Airport plan

Taipei, Nov. 3 (CNA) The Taipei City Parks and Streetlights Office on Monday offered details on a Songshan Airport transition plan that were devised after Mayor Chiang Wan-an (蔣萬安) announced the proposal last month.

Tainan court detains suspect in fatal drunk driving hit-and-run

Tainan, Nov. 3 (CNA) A Tainan court has approved a request by prosecutors to detain a man suspected of fatally striking a college student in a drunk driving hit-and-run while driving without a valid license, citing flight risk and the likelihood of recidivism.

Dragons' John Gant named CPBL MVP

Taipei, Nov. 3 (CNA) American right-hander John Gant (蔣銲) of the Wei Chuan Dragons won the Chinese Professional Baseball League's (CPBL) MVP of the Year award Monday, adding its top individual honor to a championship-winning season.

Taiwan headline news

Taipei, Nov. 3 (CNA) The lead stories in major Taiwan dailies on Tuesday are as follows:

U.S. dollar up in Taipei trading

Taipei, Nov. 3 (CNA) The U.S. dollar was traded at NT$32.686 at 10 a.m. Tuesday on the Taipei Foreign Exchange, up NT$0.094 from the previous close.

Taiwan shares open lower

Taipei, Nov. 3 (CNA) The Taiwan Stock Exchange's main index opened down 438.55 points at 44,481.59 Tuesday on turnover of NT$16.32 billion (US$500.90 million).

Taiwan's October manufacturing activity in expansion but momentum eases

Taipei, Nov. 2 (CNA) Taiwan's manufacturing activity remained in expansion in October, although growth momentum weakened as the index measuring activity in the sector fell from a month earlier with all five major subindexes, including new orders, production and employment, on the decline, the Chung-Hua Institution for…

Public confidence in Taiwan financial services rises to 64.1%: Survey

Taipei, Nov. 2 (CNA) The Taiwan Academy of Banking and Finance (TABF) said Monday that 64.1 percent of respondents to its latest survey expressed confidence in using financial products and services, while university students increasingly viewed investing as a way to save money or hedge against inflation.

Taiwan travel fair eyes 400,000 visitors as premium trip demand grows

Taipei, Nov. 2 (CNA) Organizers of the Taiwan International Travel Fair (ITF) hope to attract more than 400,000 visitors this year, with younger travelers increasingly seeking distinctive experiences rather than bargains alone, the organizer's chairwoman said Monday.

FM Lin calls on China to follow established practice for APEC summits

Taipei, Nov. 2 (CNA) Taiwan's Foreign Minister Lin Chia-lung (林佳龍) on Monday called on China to follow established practice in formally inviting Taiwan to the Asia-Pacific Economic Cooperation (APEC) summit, stressing that Taiwan will uphold its right to participate despite what he described as China's "differential…

16 young Taiwanese agricultural ambassadors to visit the Netherlands

Taipei, Nov. 2 (CNA) Foreign Minister Lin Chia-lung (林佳龍) on Monday held an event to introduce 16 young Taiwanese agricultural experts who are heading to the Netherlands to take part in an annual government-funded agricultural exchange program.

Taiwan shares end down but off lows amid U.S. volatility

Taipei, Nov. 2 (CNA) Shares in Taiwan closed down Monday but recovered from the day's low as the market remained concerned about volatility in the United States amid questions over massive spending on AI infrastructure, dealers said.

Alishan steam train maple foliage tours to begin in December

Taipei, Nov. 2 (CNA) The Alishan Forest Railway will offer five special tours in December, giving passengers a chance to view autumn foliage in the mountainous area aboard a historic steam locomotive and carriages made from Taiwan cypress.

Airline fuel surcharges for int'l routes to go up from Nov. 8

Taipei, Nov. 2 (CNA) Fuel surcharges on both short-haul and long-haul international flights operated by Taiwanese airlines will increase from Nov. 8 due to a spike in international aviation fuel prices, the Civil Aviation Administration (CAA) said Monday.

AI spending concerns to have only short-term impact on Taiex: NDC head

Taipei, Nov. 2 (CNA) Concerns over massive spending on artificial intelligence, which have triggered a global sell-off of technology stocks, are expected to have only a short-term impact on Taiwan's stock market, as many local companies remain fundamentally sound in terms of export orders and financing, the National…

Search continues for Japanese tourist missing in Jiufen

New Taipei, Nov. 2 (CNA) First responders in New Taipei continued their search Monday for a Japanese tourist who went missing last week during a visit to the mountain town of Jiufen with a tour group, police said.

Taiwan shares close down 0.65%

Taipei, Nov. 2 (CNA) Taiwan shares ended down 291.69 points, or 0.65 percent, at 44,920.14 Monday on turnover of NT$758.88 billion (US$23.25 billion).

Stock trading accounts hit new peak in October amid Taiex surge

Taipei, Nov. 2 (CNA) The number of accounts created to trade on the local market hit a new high at the end of October, as the Taiex, the Taiwan Stock Exchange's (TWSE) benchmark index, remained up more than 55 percent for the year, according to data released Monday.

Taiwan badminton women's doubles pair finish 2nd at Hylo Open

Taipei, Nov. 2 (CNA) Taiwanese badminton players Hsu Yin-hui (許尹鏸) and Lin Jhih-yun (林芝昀) finished as runners-up in the women's doubles competition at the 2026 Hylo Open in Germany on Sunday, after falling to their Indonesian competitors in the final.

U.S. dollar up in Taipei trading

Taipei, Nov. 2 (CNA) The U.S. dollar was traded at NT$32.681 at 10 a.m. Monday on the Taipei Foreign Exchange, up NT$0.203 from the previous close.

Taiwan headline news

Taipei, Nov. 2 (CNA) The lead stories in major Taiwan dailies on Monday are as follows:

Taiwan shares open lower

Taipei, Nov. 2 (CNA) The Taiwan Stock Exchange's main index opened down 177.30 points at 45,034.53 Monday on turnover of NT$8.81 billion (US$270.00 million).

Cosplayers, sci-fi fans celebrate Halloween at Taipei Dome

Taipei, Nov. 1 (CNA) Hundreds of cosplayers, fantasy fans and science fiction enthusiasts gathered around the Taipei Dome on Saturday for a Halloween celebration featuring lightsabers, elaborate costumes and tributes to the late "Star Trek" actor Sir Patrick Stewart.

Chiang, Shen court labor vote at Taipei trade union event

Taipei, Nov. 1 (CNA) Taipei Mayor Chiang Wan-an (蔣萬安) touted improvements to municipal employees' pay, leave and working conditions, while Democratic Progressive Party (DPP) challenger Puma Shen (沈伯洋) outlined proposals to support working families at a Federation of Taipei Trade Unions event Sunday.

Teahouse chain Chun Shui Tang hikes prices by an average of 12%

Taichung, Nov. 1 (CNA) Taichung-based teahouse chain Chun Shui Tang (春水堂) said Sunday that it had raised prices on more than 80 percent of its menu items by an average of 12 percent, citing rising operating, ingredient and labor costs.

Taiwan Air Force to kick off annual Sky Dragon drills

Taipei, Nov. 1 (CNA) Taiwan's Air Force is scheduled to begin its annual Tien Lung, or "Sky Dragon," drills on Monday to test pilots' combat skills and ground-based logistical support, a military source told CNA on Sunday.

4 NT$10 million prizes remain unclaimed in May-June invoice lottery

Taipei, Nov. 1 (CNA) Four NT$10 million (US$306,399) special prizes and four NT$2 million grand prizes in Taiwan's May-June uniform invoice lottery remained unclaimed as of Sunday, with the deadline to collect the winnings set for Nov. 5, according to the Ministry of Finance (MOF).

Cooler weather to reach northern Taiwan on Monday: CWA

Taipei, Nov. 1 (CNA) Most of Taiwan will see cloudy to sunny skies on Sunday, but a strengthening northeasterly wind system will bring cooler weather to northern and northeastern Taiwan starting from Monday, with another surge expected later in the week, the Central Weather Administration (CWA) said.

Taiwan headline news

Taipei, Nov. 1 (CNA) The lead stories in major Taiwan dailies on Sunday are as follows:

Basile's 37 points power Aquas to home-opening victory

Taipei, Oct. 31 (CNA) Grant Basile (貝西里) scored 37 points, including a team-high 10 in the fourth quarter, to lead the Kaohsiung Aquas past the Taipei Taishin Mars 132-121 in their Taiwan Professional Basketball League (TPBL) home opener Saturday.

Cooler weather forecast for parts of Taiwan next week

Taipei, Oct. 31 (CNA) A warm and dry Sunday is expected before two more waves of seasonal winds bring rain to windward areas and overnight lows in northern Taiwan to around 20 degrees Celsius next week, the Central Weather Administration (CWA) said Saturday.

Shen seeks 2nd debate in Taipei mayoral race; Chiang noncommittal

Taipei, Oct. 31 (CNA) Taipei Mayor Chiang Wan-an (蔣萬安) remained noncommittal to a second debate with his Democratic Progressive Party (DPP) challenger, Legislator Puma Shen (沈伯洋), while Shen said he "very much hoped" to debate Chiang again after the two clashed at their first televised debate on Saturday.

Taiex to face heavy pressure after TSMC's ADRs plunge nearly 6%: Analyst

Taipei, Oct. 31 (CNA) The Taiex, the Taiwan Stock Exchange's benchmark index, is expected to face heavy downward pressure Monday after American depositary receipts (ADRs) of contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) plunged nearly 6 percent overnight, tracking a broader sell-off in U.S. tech…

MediaTek expects to hold 20% global share in ASIC used in AI accelerators in 2027

Taipei, Oct. 31 (CNA) On the back of robust global demand for data center infrastructure during the current AI boom, MediaTek Inc., Taiwan's largest IC designer, expects that it will take up about 20 percent of the global market share in application-specific integrated circuit (ASIC) used in AI accelerators.

Kaohsiung mayoral debate focuses on 205th Arsenal redevelopment, political donations

Kaohsiung, Oct. 31 (CNA) A mayoral debate was held in Kaohsiung Friday evening, with the two leading candidates -- ruling Democratic Progressive Party's (DPP) Lai Jui-lung (賴瑞隆) and opposition Kuomintang's (KMT) Ko Chih-en (柯志恩) -- focusing largely on the redevelopment of the site of the 205th Arsenal and political…

Taiwan headline news

Taipei, Oct. 31 (CNA) The lead stories in major Taiwan dailies on Saturday are as follows:

3,800 march in Taipei in support of transgender community

Taipei, Oct. 31 (CNA) An estimated 3,800 people took to the streets of Taipei on Friday night to show their support for the transgender community, according to the organizer, the Taiwan Tongzhi (LGBTQ+) Hotline Association.

Taiwan Q3 GDP growth hits 14.36%, highest in 48 years

Taipei, Oct. 30 (CNA) Taiwan's economy grew by an estimated 14.36 percent in the third quarter from a year earlier, the highest growth for the same quarter in 48 years, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Friday.

Seasonal winds to bring cooler weather to Taiwan: CWA

Taipei, Oct. 30 (CNA) Three surges of seasonal winds are expected to affect Taiwan over the coming days, bringing cooler weather and occasional rain to windward areas, the Central Weather Administration (CWA) said Friday.