A suspected drunk driver who refused to take field sobriety tests after being stopped by the police on two consecutive days has been slapped with a NT$360,000 (US$11,985) fine, the Taipei City government said Sunday.The 30-year-old man, surnamed Cheng …
Read MoreMonth: July 2022
Tropical Storm Trases unlikely to impact Taiwan: Weather bureau
Tropical Storm Trases, which formed on waters northeast of Taiwan Sunday afternoon, is not expected to have a direct impact on Taiwan, according to the Central Weather Bureau (CWB).As of 2 p.m., the storm was located about 670 kilometers east-northeast…
Read MoreCORONAVIRUS/Insurers facing financial woes over COVID-19 policies
The top 12 sellers of COVID-related insurance policies in Taiwan have paid out nearly NT$32 billion (US$1.07 billion) in 2022, and the industry is set for a reckoning amid disputes over claims and payments, according to an expert in the protection of c…
Read MoreIntel to develop digital TV, WiFi chips for MediaTek
MediaTek Inc., Taiwan’s largest IC designer, said Friday that it is working with American semiconductor giant Intel Corp. to develop chips for digital TVs and WiFi networks.At an investor conference, MediaTek CEO Rick Tsai (???) said the two companies …
Read MoreManufacturing sector sees sluggish growth in June: TIER
Taiwan’s manufacturing sector grew sluggishly in June amid slowing global economic growth and rising inflation, according to the Taiwan Institute of Economic Research (TIER).TIER’s composite index for the local manufacturing sector fell by 0.53 points …
Read MoreSuspect in murder of street vendor found dead in Taichung mountain
The suspect in the fatal shooting of a street food vendor in Taichung last week has been found dead in a mountainous area of the city, police said Saturday.The partly decomposed body of the 41-year old suspect was found on a mountain slope in Taiping D…
Read MoreU.S. analysts split on Pelosi’s rumored Taiwan trip
U.S.-based analysts have provided a mixed response to House of Representatives Speaker Nancy Pelosi’s rumored trip to Taiwan, with some warning it could spark a direct military confrontation with Beijing.Pelosi is set to embark on a tour of Asia this w…
Read MoreCNH Industrial reports strong second quarter performance
Record consolidated revenues of $6,082 million (up 17.5% compared to Q2 2021 for continuing operations, up 20% at constant currency) Net income of $552 million, Adjusted Net Income of $583 million, with adjusted diluted EPS of $0.43 Adjusted EBIT of Industrial Activities of $654 million (up $82 million compared to Q2 2021) Free cash flow […]
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