May 5, 2025

Taiwan Shares Open Higher with Early Gains

Taipei: The Taiwan Stock Exchange’s main index saw an increase as it opened up 51.40 points, reaching 20,839.04. The initial turnover for the day amounted to NT$6.82 billion, which is approximately US$220.64 million.

According to Focus Taiwan, the ma…

Sharp Rise of Taiwan Dollar Hits Life Insurance Sector Hard

Taipei: The lead story in major Taiwan dailies highlights the significant impact on the life insurance sector due to a sharp rise in the Taiwan dollar.

According to Focus Taiwan, this sharp increase in the currency’s value has posed challenges for …

U.S. Dollar Down Sharply in Taipei Trading

Taipei: The U.S. dollar was traded at NT$29.700 at 10 a.m. Monday on the Taipei Foreign Exchange, down NT$1.364 from the previous close.

According to Focus Taiwan, this significant drop in the U.S. dollar’s value suggests changes in the market condi…

Warnings Issued for Heat and Strong Winds Across Taiwan

Taipei: A heat alert has been issued for southeastern Taiwan, warning of temperatures as high as 36 degrees Celsius on Monday, while some coastal areas of the country have also been warned of strong winds later in the day, according to Central Weather…

Summer Electricity Rates for High-Voltage Users to Start May 16

Taipei: Around 26,000 high-voltage electricity users will be charged higher summer rates between May 16 and mid-October, the state-run Taiwan Power Co. (Taipower) announced Sunday. Summer electricity rates, introduced in 1989 to encourage consumers to…