July 21:
The American Institute in Taiwan (AIT) released information that the United States and Taiwan are negotiating cooperation to establish spaceport. However, details regarding location selection in Taiwan were later removed from the statement, sparking public speculation. Executive Director Hsiao Hsu-tsen of the Ma Ying-jeou Foundation commented that the AIT's recent communications have carried a tone of involvement in Taiwan's domestic politics, including recall cases, suggesting implicit support for the Democratic Progressive Party (DPP).
July 22:
The Ministry of Economic Affairs (MOEA) announced that second-quarter export orders reached $171.1 billion, setting a historical high for the same period. While the tariff-driven stockpiling trend towards the United States is tapering off, stronger-than-expected demand for AI-related business opportunities helped boost first-half export orders to $320.57 billion, a year-on-year increase of 6.6 percent, surpassing expectations.
July 23:
The Hankyoreh newspaper in South Korea exclusively reported that prosecutors investigating the martial law case of former President Yoon Suk-yeol discovered that Moon Sang-ho, then Intelligence Commander, visited Taiwan in November last year to seek its support for emergency martial law. The Office of the President denied the report's contents. When Yoon declared martial law, the DPP initially expressed affirmation on social media but deleted the post following public backlash.
July 23:
Legislator Huang Kuo-chang of the Taiwan People's Party revealed that National Policy Advisor Chen Kuo-chin leveraged his role as a financier for the DPP to win a government contract worth over NT$10 billion (about US$339 million) for operating military clothing retail outlets. One of the review committee members was an independent director of the winning company, raising suspicions of undue influence. The Army Command Headquarters stated that an investigation is underway.
July 24:
A major shift has occurred in Taiwan's financial holding landscape. Taishin Financial Holding and Shin Kong Financial Holding have officially merged to form Taishin Shin Kong Financial Holding. With total assets exceeding NT$8.3 trillion (about US$281 billion), it now ranks as the fourth-largest financial holding company, setting the stage for new competition with Cathay, Fubon, and CTBC.
July 24:
The Taiwan Semiconductor Manufacturing Company's (TSMC) U.S. production costs have drawn attention for their pricing implications. At an AI event in Washington, AMD CEO Lisa Su revealed that U.S. production costs exceed Taiwan's by more than 5 percent but less than 20 percent and is worth it, clearly outlining the price differential.
July 25:
During a Legislative Yuan vote to confirm grand justice nominees of the Constitutional Court, Judicial Yuan, the opposition Kuomintang (KMT) and Taiwan People's Party (TPP) unanimously voted "no." As a result, none of the seven nominees met the approval threshold. This marks the second time that President Lai Ching-te's grand justice nominations have been completely rejected by the legislature. Notably, the DPP allowed free voting on nominees Chen Tzu-yang and Chan Chen-jung, with several DPP lawmakers also casting dissenting votes.
July 26:
In the first round of voting on the mass recall launched against opposition parties, "no" votes led throughout the count. Ultimately, all recall motions targeting 24 KMT legislators and TPP-affiliated Hsinchu Mayor Ann Kao failed. Both the KMT and TPP called upon President Lai to apologize and end the political in-fighting. |