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TSMC target price raised to NT$600 on strong demand from Apple

Taipei,  An Asian brokerage has raised its target price on shares of contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) to NT$600 (US$20.58), citing strong demand for iPhone production. In a research note, the Asian securities house said that with Apple...
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Kaohsiung authorities pledge firm response to chemical spill

Kaohsiung,  Kaohsiung’s Environmental Protection Bureau (EPB) said Friday that it will fine and pursue criminal charges against the renter of an industrial warehouse for allegedly ignoring demands to clean up an ethyl acrylate spill that spread an acrid...
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Kinmen County planning sea tours amid travel ban

Kinmen,  The government of outlying Kinmen County said on Thursday that it could soon launch a program featuring boat trips in waters between it and Xiamen in southeastern China amid the absence of bilateral travel due to the COVID-19 pandemic....
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Lottery buyer in Taitung snaps up NT$610 million jackpot

Taipei,  A single winner hit the jackpot of Taiwan’s Super Lotto in Thursday’s draw and will take home prize money totaling NT$611.45 million (US$21.06 million). The winning numbers for Thursday’s Super Lotto are: 09, 26, 27, 28, 32, 37, wit...
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Taiwan’s central bank leaves interest rates unchanged (update)

Taipei,  Taiwan’s central bank on Thursday decided to maintain its key interest rates, at a quarterly policymaking meeting, a move that was widely expected by the market. It was the second consecutive quarter the central bank kept its monetary policy...
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Nan Ya Plastics increases investment in Texas plant

Taipei,  Nan Ya Plastics Corp., one of the major entities under the conglomerate Formosa Plastics Group, is increasing its investment in a plant in Texas in the United States to boost its production of ethylene glycol. In a statement Tuesday,...
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New Apple Watches to go on sale at Chunghwa Telecom next week

Taipei,  Chunghwa Telecom Co., one of the leading telecom services providers in Taiwan, said Wednesday that it will start selling the two newly released Apple Watch models next week. Consumers will be able to buy the Apple Watch Series 6...
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MOFA blames China for conservation group’s removal from partnership

Taipei,  The Ministry of Foreign Affairs (MOFA) on Tuesday blamed and condemned China for interfering in the “completely apolitical” field of conservation after a Taiwan bird conservation group was stripped of an international partnership. MOFA wa...
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Central bank expected to leave interest rates unchanged: economist

Taipei,  The central bank is expected to leave its key interest rates unchanged in an upcoming quarterly policymaking meeting scheduled for Thursday amid eased worries over COVID-19 in Taiwan, an economist said Monday. Wu Meng-tao (吳孟道), director of the...
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