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TaipeiiPLAS will return in conjunction with ShoeTech Taipei at Nangang Exhibition Center, Hall 1 in Taiwan from September 27 to October 1, this year.

Taipei, Sept. 16 (CNA) The U.S. dollar continued its momentum against the Taiwan dollar Friday, hitting a more than three-year high against the local currency, on expectations that the United States Federal Reserve will continue to aggressively raise interest rates.

FAIT ACCOMPLI? Dealers said that the central bank appeared reluctant to shore up the NT dollar because it was unlikely it could reverse the tide amid fund outflows/ Staff writer, with CNA

Taipei, Aug. 20 (CNA) As the Taiwan dollar fell to a new low against the U.S. dollar in more than two years on Friday, the local currency is expected to see further weakness in the short term but Taiwan's healthy economy will likely lend support and limit the fall, according to economists.

Trade groups and academics yesterday expressed dismay at state-owned Taiwan Power Co’s (Taipower, 台電) electricity rate hikes, saying the drastic rise would make conducting business in Taiwan difficult and put pressure on corporate profitability amid rising economic uncertainty. Taipower on Monday said that it would raise electricity rates by an average of 8.4 percent starting on Friday. The hike is to reach 15 percent for large industrial users, to reflect soaring international energy prices. Lin Por-fong (林伯豐), chairman of the Third Wednesday Club, a trade group whose membership i...