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Taiwan typhoon hero faces life in prison for corruption
A former Taiwan fire chief hailed as a hero for leading rescue efforts during a deadly typhoon has been indicted in a $690,000 corruption case and faces life in jail, prosecutors said Tuesday. ... more
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Taiwan plans oil, gas exploration in South China Sea
Taiwan plans to start exploring for oil and gas in the South China Sea from next year, an official and local media said Friday, in a development that could increase tensions in the contested waters. ... more
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China backs Cambodia's first oil refinery
Cambodia on Friday gave the green light to construction of its first oil refinery, a multi-billion-dollar Chinese-backed project, as the kingdom looks to tap its untouched offshore reserves. ... more
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Taiwan's Fubon to invest $1.03 billion in Chinese bank
Fubon, Taiwan's second-largest publicly listed financial group, said Thursday it plans to invest $6.45 billion yuan ($1.03 billion) to buy an 80 percent stake in China's First Sino Bank. ... more
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