The chipmakers plan to set up two data centres in the country, and will also supply memory chips for the Stargate Project in the US

Cheng Li-chun, who is leading tariff talks with Washington, told reporters upon getting back to the island that she had not discussed the 50-50 idea suggested by the US during the talks.

The wave of tariffs imposed by the Trump Administration has sparked a race to sign free-trade agreements around the world

US commerce secretary Howard Lutnick says the US needs Taiwan to shift more of its chip supply chain to America, so the US can 'shield' the island

The Trump administration is considering a 25% tariff for chip-related content in imported devices, with 15% rates for electronics from Japan and the EU, sources say.

Companies across Asia and other regions making medical drugs, trucks and furniture were assessing the impact of new tariffs announced by President Trump on Thursday

Four more nations are seeking to join the Regional Comprehensive Economic Partnership next month, officials in Southeast Asia said on Thursday

Taiwan appeared to suffer the worst of the most powerful cyclone this year, which was still battering cities in southern China late on Wednesday night.

Investors snap up Alibaba shares amid enthusiasm about its AI and data centre plans, as well as the 'return' of its legendary founder

Forecasters have warned of gale-force winds, a huge sea surge and a damage bill similar to typhoons in recent years that caused billions of dollars in damage.

Lee said they cannot afford to invest $350 billion without a safety mechanism to cut risk, such as only supporting commercially feasible projects

The move is seen as bad news for rival firms in the long term, but analysts say it could take pressure off TSMC and ease US scrutiny on foreign chipmakers