Taipei, In concert with actions taken by central banks around the world to stimulate the economy, Taiwan’s central bank decided to cut its key interest rates by 0.25 percentage points after concluding a quarterly policymaking meeting Thursday.The move…
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Central bank cuts interest rates by 0.25 percentage points (update)
Taipei, In concert with actions taken by central banks around the world to stimulate the economy, Taiwan’s central bank decided to cut its key interest rates by 0.25 percentage points after concluding a quarterly policymaking meeting Thursday.The move…
Read MoreCORONAVIRUS/Arriving passengers wait in long lines at Taoyuan airport
Taipei, Arriving travelers waited in long lines outside Taoyuan International Airport for a specialized “epidemic prevention transport service” to head for home quarantine Thursday, as Taiwan began to impose strict border controls to contain the sprea…
Read MoreCORONAVIRUS/Taiwan reports eight new COVID-19 cases; total rises to 108
Taipei, Eight new COVID-19 cases were confirmed in Taiwan on Thursday, bringing the total number in the country to 108, the Central Epidemic Command Center (CECC) said.Seven of the cases are believed to have been contracted overseas, while one of them…
Read MoreCORONAVIRUS/High school with two COVID-19 cases to close temporarily
Taipei, A high school in northern Taiwan, at which two COVID-19 coronavirus infections have been confirmed, will close Friday for eight days, the Central Epidemic Command Center (CECC) said Thursday but did not name the school.With the closure of the …
Read MoreCORONAVIRUS/Nearly 40% of returning travelers report start of home quarantine
Taipei, Nearly 40 percent of the approximately 16,000 people who returned to Taiwan March 5-14 from overseas areas deemed as high-risk for the COVID-19 coronavirus disease have reported to local district offices that they have started home quarantine,…
Read MoreCentral bank cuts interest rates by 0.25 percentage points
Taipei, In concert with actions taken by central banks around the world to stimulate the economy, Taiwan’s central bank decided to cut its key interest rates by 0.25 percentage points after concluding a quarterly policymaking meeting Thursday.The move…
Read MoreVirus fears send Taiwan shares into 500-point plunge
Taipei, Shares in Taiwan came under heavy downward pressure, falling more than 500 points to close below the 9,000-point mark Thursday as market sentiment was hurt by a plunge on Wall Street amid the global COVID-19 coronavirus pandemic, dealers said….
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