Central bank to hold interest rates

Inflationary pressure in Taiwan has eased, but the central bank has no intention of cutting interest rates anytime soon, central bank Governor Yang Chin-long (楊金龍) said yesterday. Rather, the central ...

Over 100 mm of rain fails on Taipei in 1 hour

TAIPEI (Taiwan News) — Taipei’s Daan and Xinyi Districts experienced heavy rain on Wednesday (July 10), leading to temporary flooding on Songren Road and Wuxing Street. From 1 p.m. to 3 p.m., the Central Weather Administration (CWA) issued flash flood ...

37 Chinese aircraft detected around Taiwan: Taipei

In the course of joint exercises with an aircraft carrier in the western Pacific, Taiwan's defence ministry reported on Wednesday that it had detected 37 Chinese aircraft in the harbour, AFP reported. Taiwan announced at about 9.30 am (0130 GMT) that ...