China Pressure Forces PNG to Expel Taiwan Diplomats, Claims MOFA

Taipei:Taiwan’s Ministry of Foreign Affairs has attributed Papua New Guinea’s (PNG) recent decision to expel Taiwanese diplomats to pressure from China. The move comes after PNG’s Foreign Minister Justin Tkatchenko initially demanded the closure of Ta…

Taiwan Shares Inch Up by 0.08%

Taipei: Taiwan shares ended up 36.46 points, or 0.08 percent, at 46,780.62 Friday on turnover of NT$1.02 trillion (US$31.82 billion).

According to Focus Taiwan, the moderate increase was driven by

Taiwan Shares Open Lower Amid Market Volatility

Taipei: The Taiwan Stock Exchange’s main index saw a decline in early trading, opening down by 199.02 points, resulting in a starting value of 46,545.14. The initial turnover was recorded

Hon Hai Records Unprecedented Q1 Net Profit Surge

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Thursday reported its highest-ever net profit for the first quarter, up almost 20 percent from a year earlier, with analysts