UPDATE: Bill to phase out 18% preferential pension interest rate passes second reading

UPDATE: Bill to phase out 18% preferential pension interest rate passes second reading

The Legislative Yuan gave the second reading to a bill on pension reform that would phase out the preferential interest rate in two years.
Food Taipei: A springboard for El Salvadoran products

Food Taipei: A springboard for El Salvadoran products

Ambassador of El Salvador Marta Chang de Tsien says El Salvador companies have become very interested in joining Food Taipei and expanding into the Taiwanese market
Air Force reports another missile glitch

Air Force reports another missile glitch

Incident comes just one day after two MIM-23 Hawk missiles veered off course after launch as part of the same annual military exercise.
UPDATE: Suspected gunman dies after shooting spree kills three

UPDATE: Suspected gunman dies after shooting spree kills three

The alleged gunman in a Thursday night shooting that killed three people in Taoyuan's Zhongli District has died from a self-inflicted gunshot wound, authorities said on Friday, June 23.
The outlook has brightened for Taiwan's economy in 2017

The outlook has brightened for Taiwan's economy in 2017

A leading think tank has raised its GDP forecast for the year to more than 2 percent.
Torrential rain warning issued for Nantou, Pingtung and Yilan

Torrential rain warning issued for Nantou, Pingtung and Yilan

Extremely heavy rain expected as a strong convective system makes itself felt.
FSC imposes nearly NT$100 million in fines on financial firms

FSC imposes nearly NT$100 million in fines on financial firms

The Financial Supervisory Commission (FSC), the top financial regulator in Taiwan, said Friday that it has imposed almost NT$100 million (US$3.29 million) in fines on financial firms so far this year for irregularities in their operations.
Apple removes 45,000 apps in China

Apple removes 45,000 apps in China

A total of 45,362 Chinese apps were booted from Apple's App Store from June 13 to June 22, according to data analysis platform ASO 100, Beijing Business Today reported.
China wants to expand cooperation with US, state councilor says

China wants to expand cooperation with US, state councilor says

China hopes to expand mutually beneficial cooperation with the United States and push bilateral ties to keep developing healthily and steadily, state councilor says.
Banks ordered to withhold payments collected for Uber

Banks ordered to withhold payments collected for Uber

The Administrative Enforcement Agency (AEA) on Friday ordered 33 credit card-issuing banks in Taiwan to withhold payments collected on behalf of Uber, in a compulsory execution of back fines and taxes owed by the U.S-based ride-sharing service.
Police seize counterfeit brand-name products in Southern Taiwan

Police seize counterfeit brand-name products in Southern Taiwan

Over 6,000 pieces of counterfeit brand-name clothing and footwear were seized in Tainan and Kaohsiung in police raids.
Taiwan shares end lower but remain above 10,300-point mark

Taiwan shares end lower but remain above 10,300-point mark

The weighted index on the Taiwan Stock Exchange closed down 21.36 points, or 0.21 percent, at 10,377.70.
Now Trump says he DIDN'T record conversations with ex-FBI chief Comey

Now Trump says he DIDN'T record conversations with ex-FBI chief Comey

Trump had suggested in May that he may have recorded his White House conversations with Comey.
Foxconn to invest US$10 billion in the US

Foxconn to invest US$10 billion in the US

Foxconn Technology Group plans to move its fully automated manufacturing supply chain to the United States, the company founder said on Thursday.
You might never have to do laundry again

You might never have to do laundry again

Are we on the cusp of a laundry revolution? At least two companies working on laundry robots certainly think so.
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