NTU students demand independent probe into faculty

TransAsia Airways (復興航空) took aviation authorities and some of its own staff by surprise yesterday with an announcement that it would suspend all flights scheduled for Tuesday.

President Tsai Ing-wen on Monday ordered the Cabinet to tighten supervision over state-subsidized foundations and social organizations, in an apparent reply to a snub from a cultural affairs body.

A Chinese delegation arrived in Taiwan Monday on an eight-day visit to explore the possibility of procuring agricultural and specialty products from eight counties and cities.

Law enforcement officials from Taiwan and the Philippines raided a telecoms fraud operation base in Cebu, the second largest city in the Philippines on Monday, arresting 24 suspects, including 19 Taiwanese nationals.

The U.S. dollar fell against the New Taiwan dollar Monday, shedding NT$0.010 to close at NT$32.000 as traders here locked in the gains they had built in the U.S. unit in recent sessions, dealers said.

President Tsai Ing-wen's approval rating has fallen to a record low of 26 percent, and her disapproval rating has inched up to 46 percent five months after taking office, according to findings of a poll released on Monday by TVBS, a cable TV channel in Taiwan.

State-run Taiwan Sugar Corporation (Taisugar, 台糖) is considering scrapping its wholesale business Taisuco (台糖量販), as the ailing segment has lost the company NT$2.43 billion over the past seven years.

Shares in Taiwan closed higher Monday but still moved in consolidation mode amid caution about further foreign institutional selling at a time when foreign investors continue to move funds out of the region, dealers said.

Taoyuan City Mayor Cheng Wen-tsan (鄭文燦) announced yesterday that the Taoyuan International Airport MRT would be officially up and running by March 2017.