Los Angeles-based 99 Ranch Market issued a statement yesterday refuting Chinese Nationalist Party (KMT) Legislator Chiu Yi's (邱毅) allegation that first lady Wu Shu-jen (吳淑珍) had invested in the chain, which specializes in Asian grocery products.
The chain posted the statement on its official Web site, confirming that the company had remained solely in the hands of founder Roger Chen (陳河源) since 1984.
Central News Agency (CNA) reported that Lee Chi-kwang (
"Many people, myself included, watched the TV news from Taiwan about this allegation this morning. However, I must say that it is not true," Lee told CNA.
The supermarket chain was responding to an allegation by Chiu on Tuesday that Wu had invested in the company in a deal worth at least NT$10 million (US$312,000).
Chiu claimed that Wu asked her cousin, surnamed Huang, to handle the transaction. He also said that Wu had instructed Huang to invest under the name of the president's son, Chen Chih-chung (陳致中). Chiu said the deal was proof that the first family planned to emigrate to the US.
Actor Darren Wang (王大陸) was questioned by prosecutors for allegedly orchestrating an attack on a taxi driver after he was allegedly driven on a longer than necessary route in a car he disliked. The questioning at the New Taipei City District Prosecutors’ Office was ongoing as of press time last night. Police have recommended charges of attempted murder. The legally embattled actor — known for his role in the coming-of-age film Our Times (我的少女時代) — is under a separate investigation for allegedly using fake medical documents to evade mandatory military service. According to local media reports, police said Wang earlier last year ordered a
CAUTION: Based on intelligence from the nation’s security agencies, MOFA has cautioned Taiwanese travelers about heightened safety risks in China-friendly countries The Ministry of Foreign Affairs (MOFA) yesterday urged Taiwanese to be aware of their safety when traveling abroad, especially in countries that are friendly to China. China in June last year issued 22 guidelines that allow its courts to try in absentia and sentence to death so-called “diehard” Taiwanese independence activists, even though Chinese courts have no jurisdiction in Taiwan. Late last month, a senior Chinese official gave closed-door instructions to state security units to implement the guidelines in countries friendly to China, a government memo and a senior Taiwan security official said, based on information gathered by Taiwan’s intelligence agency. The
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, said yesterday that it is looking to hire 8,000 people this year, at a time when the tech giant is expanding production capacity to maintain its lead over competitors. To attract talent, TSMC would launch a large-scale recruitment campaign on campuses across Taiwan, where a newly recruited engineer with a master’s degree could expect to receive an average salary of NT$2.2 million (US$60,912), which is much higher than the 2023 national average of NT$709,000 for those in the same category, according to government statistics. TSMC, which accounted for more than 60 percent
President William Lai (賴清德) should protect Taiwan Semiconductor Manufacturing Co (TSMC), and stop supporting domestic strife and discord, former president Ma Ying-jeou (馬英九) wrote on Facebook yesterday. US President Donald Trump and TSMC on Monday jointly announced that the company would invest an additional US$100 billion over the next few years to expand its semiconductor manufacturing operations in the US. The TSMC plans have promoted concern in Taiwan that it would effectively lead to the chipmaking giant becoming Americanized. The Lai administration lacks tangible policies to address concerns that Taiwan might follow in Ukraine’s footsteps, Ma wrote. Instead, it seems to think it could