The United States and Taiwan have announced an $11.1 billion arms package that if completed would be one of Washington’s biggest-ever military sales to the island.

China warns massive $11.1 billion U.S. weapons sale to Taiwan could spark war, calling the island a 'powder keg' amid rising tensions.

Taiwan is in a political deadlock over the government refusing to enact amendments to a local government spending law passed by the opposition-controlled parliament, saying the plan is fiscally unsound and has been done without proper consultation.

The Trump administration has approved the largest single package of weapons sales to Taiwan in U.S. history. Many of the systems mirror those the United States has supplied to Ukraine. The move is part of a broader U.

Taiwan’s Ministry of Justice disclosed it holds over 210 bitcoin seized from criminal cases, placing the country among the world’s top government bitcoin holders.

Taiwan's central bank has eased restrictions on U.S. dollar sales by exporters to rein in this week's depreciation of the Taiwan dollar, three forex traders told Reuters on Friday.