FSC panned over Shopee

The Financial Supervisory Commission (FSC) is covering for Singapore-based online shopping platform Shopee and ignoring blatant contraventions of the law, the Economic Democracy Union said yesterday.

Tax surplus to ease health, labor, energy

We will consider sharing excess tax revenue with all citizens only when it is within our fiscal capacity to do so,” Tsai said. Lawmakers from the Democratic Progressive Party and Chinese Nationalist ...

Taiwan dollar tumbles 10% against greenback

The New Taiwan dollar plunged almost 10 percent against the US dollar last year, the steepest decline in 25 years, as the greenback was bolstered by aggressive interest rate hikes by the US Federal ...

Is the Bank of Japan dropping its bazooka?

The BOJ had been purchasing increasingly large sums of 10-year bonds at the 0.25 percent level, often adding them to its balance sheet a day after the Japanese Ministry of Finance issued them. However ...

TPP caucus weighs in on FTX fallout

Potentially billions of US dollars in value were lost after FTX experienced mass withdrawals following reports of financial mismanagement and a failed rescue deal, leading to a bankruptcy filing on ...