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Asia Top News and Analysis Taiwan

  • *Pingtung 1st Taiwan prison to supply solar power to grid. PINGTUNG, Taiwan, March 8- On Pingtung jail's sunlit roof, prisoner no. 24 has a view of a brighter future. The 48- year-old is working on a project that has seen the southern Taiwan prison become the first to send solar power into the island's electricity grid.

  • *Exports strong even though Taiwan dollar gains 4 pct this year. TAIPEI, March 7- Trade-dependent Taiwan produced solid export figures for the start of 2017 that showed a sharp narrowing of its surplus with the United States from a year earlier. Total exports rose a solid 16.2 percent for the January-February period from a year earlier, with their performance...

  • Chickens at feeder

    South Korea, Japan, Taiwan and Hong Kong limited US poultry imports after avian flu found on US farm, South Korea and a trade group said.

  • *China's defence budget to rise about 7 pct in 2017. BEIJING, March 4- Defying pressure for a strong increase in defence spending, China said on Saturday its military budget this year would grow about 7 percent, its slowest pace since 2010.. President Donald Trump proposing a 10 percent jump in military spending in 2017, and worries about potential disputes with...

  • *China's defense budget to rise about 7 pct in 2017. BEIJING, March 4- Defying pressure for a strong increase in defense spending, China said on Saturday its military budget this year would grow about 7 percent, its slowest pace since 2010.. President Donald Trump proposing a 10 percent jump in military spending in 2017, and worries about potential disputes with...

  • *Forex losses for Taiwan insurers set to climb further. *Taiwan dollar up 5 pct so far this year. President Donald Trump, has pulled back on intervention to weaken the Taiwan dollar, making it Asia's second best-performing currency in 2017..

  • KIEV- National Bank of Ukraine monetary policy meeting. WARSAW- National Bank of Poland monetary policy meeting. CANBERRA- Reserve Bank of Australia monetary policy meeting.

  • *Formosa sees fewer obstacles with new EPA chief. TAIPEI, March 1- Formosa Petrochemical Corp. expects faster approval for a planned $9.4 billion petrochemical plant in the U.S. state of Louisiana under the administration of President Donald Trump, the company's chairman said on Wednesday. A subsidiary of Formosa's parent company admitted to massive...

  • Here's how a trade war could cripple Taiwan

    A trade war between China and the United States can devastate Taiwan's economy.

  • President Donald Trump takes the oath of office as his wife Melania Trump holds the bible on the West Front of the U.S. Capitol on January 20, 2017.

    Trump has been confronted with a series of administrative crises while struggling to move the ball on key policy priorities, NBC News reports.

  • *Orders from China +5.5 pct, from U.S. +4.8 pct. TAIPEI, Feb 20- Orders for Taiwan's exports rose for a sixth straight month in January on strong global demand for hi-tech gadgets such as Apple Inc's iPhones and Chinese smartphones, bolstering the government's view that economic growth could hit a three-year high this year. Taiwan's export orders are a leading...

  • TOKYO, Feb 15- Toshiba Corp may delay the sale of its prized flash-memory chip unit after the conglomerate said it would consider selling most, even all, of the marquee business, a person with direct knowledge of the matter said. Changing the rules of the chip auction, which sources have said has generated bids of 200- 400 billion yen, could push the sale beyond...

  • China warned Trump against challenging its sovereignty, responding to reports the U.S. was planning fresh naval patrols in the disputed South China Sea.

  • TOKYO, Feb 15- Shares in Toshiba Corp skidded on Wednesday after the conglomerate said it would book a $6.3 billion hit to its U.S. nuclear unit and may sell a majority stake in its prized flash-memory chip unit as it scrambles for cash to stay in business. Facing a March 27 deadline to avoid a delisting, Chief Executive Satoshi Tsunakawa said he would consider...

  • TOKYO, Feb 15- Shares in Toshiba Corp skidded on Wednesday after the conglomerate said it would book a $6.3 billion hit to its U.S. nuclear unit and may sell a majority stake in its prized flash-memory chip unit as it scrambles for cash to stay in business. Facing a March 27 deadline to avoid a delisting, Chief Executive Satoshi Tsunakawa said he would consider...

  • *India's navy rejects homemade Tejas for being too heavy. BENGALURU/ NEW DELHI, Feb 13- India's navy is in the hunt for a new foreign fighter jet after rejecting an indigenously made aircraft as too heavy, the latest sign of the struggle to get Asian militaries to buy locally to grow their defence industries. India, South Korea, Taiwan and other Asian buyers are...

  • U.S. President Donald Trump has told Chinese President Xi Jinping that the White House will respect the "One China" policy.

  • An inflatable rooster stands outside a jewelry store in Nanjing, China on Jan. 31, 2016.

    A new U.S. report on issues, such as the one China policy, is unlikely to be paid attention to by Trump, the SCMP reports.

  • People wave flags as they take part in a rally welcoming China's president Xi Jinping during the nuclear security summit in Washington, DC on April 1, 2016.

    U.S. President Donald Trump sent a letter to China's President Xi Jinping on Wednesday saying he looked forward to working with him.

  • Taiwan Data

    DBS Economist Ma Tie Ying says there is no evidence that China is going to cut back on trade and investment ties with Taiwan.