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US bill ties WHO funding to Taiwan stance


WHO Director-General Tedros Adhanom Ghebreyesus attends a news conference at the WHO headquarters in Geneva, Switzerland, on July 3 last year.
Photo: Reuters

Two US senators on Tuesday introduced a WHO accountability bill, seeking to withhold US funding until the organization reforms its leadership and accepts Taiwan as a member state.

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TSMC to set up wholly owned subsidiary in Japan


The logo of Taiwan Semiconductor Manufacturing Co is pictured at its headquarters in Hsinchu on Jan. 18.
Photo: Ann Wang, Reuters

Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) board of directors has approved a plan to invest up to ¥18.6 billion (US$177.7 million) to set up a fully owned subsidiary in Japan to expand its 3D semiconductor material research, the company said yesterday.

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Newsflash


Union of Taiwanese Teachers director Neil Peng, second left, yesterday speaks at a news conference in Taipei, urging the government to reform the pension system.
Photo: Chu Pei-hsiung, Taipei Times

A number of civic groups yesterday said that President Tsai Ing-wen (蔡英文) should be wary of an impending financial crisis facing the nation if the pension system does not undergo a systematic reform.