January 22, 2025

U.S. Dollar Closes Higher on Taipei Forex Market

Taipei: The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.040 to close at NT$31.596.

According to Focus Taiwan, turnover totaled US$1.249 billion during the trading session. The greenback opened at NT$31.590 and moved between NT$31…

Aftershocks Rattle Southern Taiwan as Quake Cleanup Continues

Chiayi: Aftershocks continued to shake southern Taiwan on Wednesday as parts of Chiayi and Tainan cleaned up in the wake of a magnitude 6.4 earthquake that struck early Tuesday.

According to Focus Taiwan, as of noon Wednesday, 74 aftershocks, inclu…

Magnitude 4.7 Earthquake Shakes Eastern Taiwan

Taitung: A magnitude 4.7 earthquake struck off the coast of Taitung County in eastern Taiwan at 4:11 p.m. Wednesday, according to the Central Weather Administration (CWA). The epicenter was located at sea, 101.2 kilometers south-southeast from Taitung…

Taiex Soars 30% in Year of the Dragon; TSMC Surges Over 75%

Taipei: The Taiex ended the Year of the Dragon on Wednesday up about 30 percent, led by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC). The Taiex, the Taiwan Stock Exchange’s benchmark weighted index, closed up 225.40 points, or 0.97…