By Shelley Shan / Contributor The new E500 electric locomotives are expected to enter service next month if they pass test runs this month, Taiwan Railway Corp (TRC) said yesterday. The purchase of the new electric locomotives is part of the company’s plan to modernise its railway facilities and its five-year plan to improve rail […]

SHARES IN FREE FALL: JD.com’s Hong Kong-listed shares fell as much as 12 percent yesterday, triggering a broader sell-off in Chinese e-commerce and technology stocks. Walmart Inc. has raised about $3.6 billion by selling its stake in Chinese e-commerce company JD.com Inc. (京東), ending an eight-year partnership that appears to be yielding increasingly diminishing returns […]

HUGE UPGRADE: Once Terminal 3 is completed, the airport’s passenger capacity will increase from 37 million to 82 million travelers per year, an official said. By Shelley Shan / Staff Reporter, TAOYUAN The north hall of Terminal 3 of Taiwan Taoyuan International Airport is scheduled to begin operations in the middle of next year, Taoyuan […]