May 20, 2025

Taiwan Shares Open Higher as Main Index Rises

Taipei: The Taiwan Stock Exchange’s main index experienced an uptick as it opened up 107.78 points at 21,631.61. The trade on Tuesday saw a turnover of NT$4.49 billion, equivalent to US$148.9 million. According to Focus Taiwan, this positive start reflects market participants’ optimistic sentiment. The increase in the index indicates

Nvidia Selects Beitou Shilin Science Park for Taiwan Office Site

Taipei: Nvidia has chosen the Beitou Shilin Science Park as the site for its new office in Taiwan. According to Focus Taiwan, this decision is part of Nvidia’s ongoing commitment to expand its presence and operations within the region. The selection of Beitou Shilin Science Park is a strategic move

U.S. Dollar Down in Taipei Trading

Taipei: The U.S. dollar was traded at NT$30.180 at 10 a.m. Tuesday on the Taipei Foreign Exchange, down NT$0.025 from the previous close. According to Focus Taiwan, the drop in the U.S. dollar value marked a decrease from its previous trading session, reflecting fluctuations in the foreign exchange market. This

Hon Hai Unveils ‘Foxconn Genesis’ Robotics Platform at Computex Taipei 2025

Taipei: Taiwan-based Hon Hai Precision Industry Co., better known globally as Foxconn, unveiled its new “Foxconn Genesis” robotics development platform at Computex Taipei 2025 on Tuesday. In his keynote speech, Chairman Young Liu highlighted the company’s intention to revolutionize the traditional robotics landscape by leveraging artificial intelligence to create robots

Taiwan Shares Conclude Steady as TSMC Faces Resistance

Taipei: Shares in Taiwan closed little changed Tuesday as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) saw its earlier gains eroded in the face of stiff resistance ahead of the critical NT$1,000 mark, dealers said. The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 2.20 points,

President and Lawmakers Mourn Victims of New Taipei Car Crash

New Taipei: President Lai Ching-te on Tuesday offered his condolences to families of the victims of a car crash in New Taipei on Monday that killed three people and injured 12, while lawmakers held a moment of silence for them at the Legislative Yuan. According to Focus Taiwan, in an