Taiwan’s government is juggling competing high-profile visits from the U.S. in a busy week of diplomacy as former Secretary of State Mike Pompeo arrives.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) commission is set to discuss Taiwan's submission to join the agreement this week, Taipei-based Liberty Times repor.
The great-grandson of the Kuomintang leader and former Taiwanese president Chiang Kai-shek is expected to announce that he is running for mayor of Taipei after the Lunar New Year holiday. Wayne Chiang Wan-an, a KMT legislator in Taiwan's parliament, has been mulling whether to seek the post in the local government elections at the end of this year. The mayoralty.
May 12 2021, 11:37 AM
May 12 2021, 8:46 AM
May 12 2021, 11:37 AM
(Bloomberg) Taiwan stocks slumped the most since March last year as concern over further tightening of coronavirus-linked restrictions and a global tech selloff spooked investors.
(Bloomberg) Taiwan stocks slumped the most since March last year as concern over further tightening of coronavirus-linked restrictions and a global tech selloff spooked investors.
The Taiwan Stock Exchange Weighted Index finished the session 4.1% lower after slumping as much as 8.6% in morning trading, the worst intraday loss since 1969. Having fallen 9.6% from an April high, the gauge narrowly missed a technical correction. Heavyweight Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry Co. were among the biggest drags, down 1.9% and 4.7%, respectively, on Wednesday.