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United States

Faith Hung

Jan 11 2017

Exclusive: Alibaba, part of planned Taiwan fund, won't seek board seats at local firms - source

TAIPEI Alibaba Group Holding, which is awaiting regulatory approval for a $45 million fund it is participating in, has promised the Taiwanese government it will not take board seats at local firms the fund invests in, a source with direct knowledge of the matter said.

Jan 04 2017

Taiwan's military may be first casualty in pension crisis

TAIPEI/HONG KONG Taiwan's military pension fund may be in default by 2020 after years of widening deficits, raising alarm about the island's defense stability when tensions are heating up with political foe China.

Dec 15 2016

China says damage to 'one China' principle would impact peace

BEIJING/TAIPEI China warned on Wednesday that any interference with or damage to the "one China" principle would have a serious impact on peace and stability in the Taiwan Strait, as Taiwan said maintaining peace was in everyone's interest. | Video

Nov 22 2016

After plane crashes, Taiwan's TransAsia seeks to wind down operations

TAIPEI Taiwan's TransAsia Airways Corp said on Tuesday it would wind down operations and suspend all scheduled flights, failing to recover from two plane crashes in almost three years.

Nov 14 2016

Exclusive: Broken rules at $11 billion Formosa mill triggered Vietnam spill, report says

HONG KONG/TAIPEI More than 50 violations at a steel mill run by Taiwan's Formosa Plastics Group, including the unauthorized use of a dirtier production process, led to Vietnam's worst environmental disaster, according to an internal government report.

Nov 07 2016

Cargo owners in flight to safety after Hanjin collapse, shipping lines say

SHANGHAI/TAIPEI Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea's Hanjin Shipping Co Ltd , top shipping executives said.

Nov 04 2016

Uber to go it alone as it expands into Southeast Asia

TAIPEI Ride-hailing service Uber Technologies Inc [UBER.UL] will focus on organic growth as it expands into Southeast Asian markets, a senior vice president told Reuters on Friday.

Nov 01 2016

Taiwan's KMT party tells China it is pushing for peace

TAIPEI/BEIJING Taiwan's opposition Kuomintang (KMT) party is pushing for peace with mainland China and holds out the possibility of a peace pact, the party's chairwoman told Chinese leader Xi Jinping on Tuesday, the party said.

Nov 01 2016

Taiwan's KMT party tells China it is pushing for peace

TAIPEI/BEIJING Taiwan's opposition Kuomintang (KMT) party is pushing for peace with mainland China and holds out the possibility of a peace pact, the party's chairwoman told Chinese leader Xi Jinping on Tuesday, the party said.

Oct 03 2016

Mega Financial scandal claims first Taiwan administration victim as top regulator quits

TAIPEI Taiwan's top financial regulator resigned on Monday as a scandal over state-run institution Mega Financial's New York bank branch breaching anti-money laundering regulations claimed its first victim among officials on the island.

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