Trends - Taiwan - Business Recorder

World

Taiwan opens 'milestone' trade office in Guyana

Taipei said it signed an agreement with the South American country last month to set up the Taiwan Office.

Published 04 Feb, 2021 05:54pm

World

First US warship transits Taiwan Strait since Biden inauguration

Beijing on Thursday said it was "closely monitoring" the situation.

Published 04 Feb, 2021 05:34pm

World

Swiss restitute $266mn to Taiwan seized in graft case

Switzerland had seized some $900 million "as a preventative measure", and in 2005 handed Taiwan numerous documents linked to the accounts.

Published 04 Feb, 2021 05:22pm

World

China sharpens language, warns Taiwan that independence 'means war'

China toughened its language towards Taiwan on Thursday, warning after recent stepped up military activities near the island that “independence means war” and that its armed forces were acting in response to provocation and foreign interference.

Published 29 Jan, 2021 06:23pm

Business & Finance

Taiwan to increase chip production after shortage hits carmakers

Taiwan's chip foundries are some of the world's biggest and most advanced, and so European car manufacturers have been reaching out to Taipei for help.

Published 28 Jan, 2021 09:32pm

World

China says flyovers in Taiwan Strait a 'solemn warning'

Taiwan's de facto ambassador to the US was formally invited to Biden's inauguration, a precedent-setting first since 1979.

Published 27 Jan, 2021 12:42pm

World

Taiwan expelled thousands of Chinese dredgers from its waters

Taiwan's coastguard on Monday told AFP it recorded a huge spike in Chinese sand dredgers illegally entering its waters.

Published 25 Jan, 2021 05:28pm

Markets

China's yuan edges up but COVID spread limits gains

The narrative for further CNY gains remains intact," he said in a note.

Published 25 Jan, 2021 10:41am

World

Taiwan to put 5,000 into quarantine over hospital COVID-19 cluster

The government has been testing all of those who have been in quarantine, and has been announcing new cases amongst them as they are confirmed.

Published 24 Jan, 2021 06:18pm

World

US says support for Taiwan 'rock-solid' as Chinese jets buzz island

The statement added Washington would continue to work on "deepening" ties with democratic Taiwan.

Published 24 Jan, 2021 05:36pm

Markets

Rising virus deaths hit Indonesian shares; currencies dip

Taiwan's dollar extended its winning streak to a fourth consecutive session, strengthening more than 1% against the dollar.

Published 22 Jan, 2021 10:30am

World

Taiwan invited to US inauguration for first time since 1979

The ruling Democratic Progress Party described it as "a new breakthrough in 42 years".

Published 21 Jan, 2021 09:30am

Business & Finance

Taiwan Dec export orders seen climbing for 10th straight month

The median forecast from the poll of 13 economists was for export orders to rise 27% from a year-ago period. Forecasts ranged from a growth of 9.5% to as high as 36%.

Published 18 Jan, 2021 11:25am

World

China reports 109 new COVID-19 cases as infections persist in northeast

The total number of confirmed COVID-19 cases in mainland China is 89,336, while the death toll remained unchanged at 4,635.

Published 18 Jan, 2021 10:40am

World

US envoy chides China in talk with Taiwan leader

China's authoritarian leadership views Taiwan as its own territory and has vowed to seize it one day.

Published 14 Jan, 2021 05:19pm

World

U.S. cancels U.N. envoy's trip to Taiwan, citing Biden transition

The U.S. State Department’s cancellation of all travel this week includes a planned visit to Taiwan by U.S. Ambassador to the United Nations Kelly Craft, a State Department spokeswoman said on Tuesday.
Secretary of State Mike Pompeo said on Tuesday that all travel this week had been canceled, including his own trip to Europe, as part of the transition to the incoming Biden administration.

Published 13 Jan, 2021 03:22pm

World

Taiwan reports two new domestically transmitted COVID-19 cases

Until last month's domestic transmission the island had not reported any local cases since April 12.

Published 12 Jan, 2021 11:32am

World

China threatens 'counterstrike' over US contact with Taiwan

Beijing says Taiwan is an inviolable part of China to be reclaimed, by force if necessary.

Published 11 Jan, 2021 05:41pm

Markets

Taiwan starts receiving LNG from Cheniere, to get 30 shipments annually

The United States has become a major LNG exporter, mostly due to the ramp up of Cheniere's Sabine Pass terminal in Louisiana.

Published 10 Jan, 2021 01:33pm

World

Beijing says Washington to pay 'heavy price' if UN ambassador goes to Taiwan

"The United States will pay a heavy price for its wrong action," a statement from the Chinese mission to the UN said.

Published 08 Jan, 2021 10:42am

World

China says it will respond to planned Taiwan, U.S. defense talks

China said on Wednesday it would make a “necessary response” to a planned military dialogue between the United States and Chinese-claimed Taiwan, saying it firmly opposed the event.
Democratic Taiwan, claimed by China as its sovereign territory, has come under increasing pressure from Beijing, which has ramped up military activity near the island.

Published 06 Jan, 2021 05:01pm

World

Taiwan says Chinese jets made record 380 incursions in 2020

Chinese jets also crossed over the so-called "median line" of the Taiwan Strait during two high-level visits by US officials.

Published 05 Jan, 2021 05:45pm

Markets

Taiwan Dec exports seen climbing for sixth month in row

Product launches by vendors such as Apple ahead of the year-end shopping season also likely helped fuel the demand.

Published 05 Jan, 2021 09:08am

World

In New Year's speech, Taiwan president again reaches out to China

While there was no direct response from Beijing, Liu Jieyi, the head of China's Taiwan Affairs Office, said in his new year's message they would stand by the "one China" principle.

Updated 01 Jan, 2021 12:29pm

World

US warships transit Taiwan Strait, China denounces 'provocation'

China's military said it had tailed the last US warship to pass through the Taiwan Strait on Dec. 19, and denounced the mission.

Published 31 Dec, 2020 11:10am

Markets

China's Dec LNG imports hit monthly record of over 9mn T

This in turn is leading to spot LNG prices rising to multi-year highs.

Published 31 Dec, 2020 10:27am

World

China says tailed U.S. warship in Taiwan Strait

The U.S. Navy said the guided missile destroyer USS Mustin had conducted “a routine Taiwan Strait transit (on) Dec. 19 in accordance with international law”.
China’s military, in a statement released by its Eastern Theatre Command, said its air and naval forces “tailed and monitored” the vessel throughout.

Published 19 Dec, 2020 04:17pm

World

US Defence Department looks to bolster domestic chip manufacture with new program

The foundries would handle commercial work from US companies and could also provide components to the Defence Department, it said.

Published 18 Dec, 2020 10:15am

Markets

Taiwan central bank says US move to monitor its currency reflects trade surplus

The Taiwan dollar has strengthened more than 6% against the US dollar this year.

Published 17 Dec, 2020 09:52am

World

Taiwan says US has approved key submarine technology sale

The digital sonar system and an integrated combat system are two key components Taiwan needs to build its own modern submarines. Chang did not elaborate on the status of the combat system.

Published 16 Dec, 2020 05:03pm