Taipei: Taiwan shares ended down 131.92 points, or 0.54 percent, at 24,238.10 Thursday on turnover of NT$473.53 billion (US$15.82 billion). According to Focus Taiwan, the decline in the stock market was noted despite the robust trading volume reported for the day. The overall market sentiment appeared cautious as investors weighed

Tainan: Nearly 6,000 households in Tainan remain without electricity following Typhoon Podul, which impacted approximately 27,000 households in the northern part of the city. The typhoon passed through Tainan on Wednesday, leading to widespread power outages that continued into Thursday morning. According to Focus Taiwan, Podul exited to sea from

Taipei: The U.S. dollar increased against the Taiwan dollar on Thursday, closing at the day’s peak of NT$29.988, up by NT$0.028. According to Focus Taiwan, the trading session saw a total turnover of US$1.178 billion. The greenback initially opened at NT$29.940 and reached a low of NT$29.905 before rebounding to

Taipei: The Taiwan High Court on Thursday upheld the life sentence of a Filipino migrant worker convicted of murdering his compatriot girlfriend and cutting her into pieces in Taoyuan, northern Taiwan, two years ago. The verdict against Mark Dave Velasco, who is in his 30s, can still be appealed, the

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co., commonly known as Foxconn, announced a record high net profit for the second quarter, benefiting from robust global demand for artificial intelligence servers. According to Focus Taiwan, Hon Hai reported a net profit of NT$44.36 billion (US$1.48 billion) for the April-June

Taipei: Taipei’s bicycle rental system YouBike is expected to log its 400 millionth ride this week, with the lucky rider set to receive NT$20,000 (US$666.32) in gift vouchers, while the five riders before and after will each get NT$1,000 in gift vouchers, the city’s Department of Transportation said Thursday. According