Financial regulator boosts defenses amid outflows

The Financial Supervisory Commission (FSC) is moving to bolster the market’s defenses in the face of outflows set to reach the highest level in two decades. “We are at a period of transition and I ... ( read original story ...)

US considers producing weapons with Taiwan

The US government is considering a plan to jointly produce weapons with Taiwan, a business lobby has said, with the intention to speed up arms transfers to bolster Taipei’s deterrence against China. ( read original story ...)

An Overview of Taiwan’s Economy

Here’s an overview of Taiwan’s economy. Taiwan faced severe poverty after World War II. The land was devastated owing to the conflict between Japan and China and a civil war that caused further ... ( read original story ...)

UK finance head ditches Truss’ entire program

After the backlash against Truss’ plan pushed up borrowing costs for the UK government, the package of £32 billion (US$36.2 billion) is less than half of what economists say the government might need ... ( read original story ...)

Global wealth report ranks Taiwan No. 1 in Asia

Taiwan ranked first in Asia and fifth globally in terms of net financial assets per capita, the Allianz Global Wealth Report 2022 said. With net financial assets per capita of 138,220 euros ... ( read original story ...)

Preparedness for financial stress improves: study

With economic effects of the COVID-19 pandemic easing, Taiwanese are about as financially resilient as Britons, Americans and people in other major economies in terms of keeping savings, meeting ... ( read original story ...)