Small Quake Rattles Taiwan, No Immediate Damage Reports

TAIPEI (Reuters) -A magnitude 5.3 earthquake struck off Taiwan's east coast on Saturday, the island's weather bureau said, briefly shaking buildings in the capital Taipei but with no immediate reports of damage. The epicentre of the earthquake was in the sea off Hualien county with a depth of 7.2 km (4.5 miles), the weather bureau ...

Largest financial firms rake in NT$27.99 billion

making them the two most profitable financial conglomerates. Their banking arms Taipei Fubon Bank (台北富邦銀行) and Cathay United Bank (國泰世華銀行) continued to benefit from earlier interest rate hikes at home ...

Slowdown lowers tax revenue 9%

Tax revenue last month declined 9 percent from a year earlier to NT$332.4 billion (US$10.31 billion), as an economic slowdown weighed on corporate and personal income taxes, although securities ...

US extends China chip waiver for Taiwan’s TSMC: minister

The United States has extended a waiver to Taiwanese semiconductor giant TSMC to supply US chip-making equipment to its factories in China, the island's economic affairs minister said Friday.Semiconductors have become a flashpoint issue between the United States and China,