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 ...