Taipei: The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.042 to close at NT$30.107.
According to Focus Taiwan, turnover totaled US$932 million during the trading session. The greenback opened at NT$30.090, and moved between NT$3…
Taipei: The indictment of a public sector recycling worker in Taipei on corruption charges for giving an elderly woman a discarded rice cooker valued at NT$32 (US$1) in July last year has prompted the judiciary to discuss sentencing practices for mino…
Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) has reiterated that its investment plans in Taiwan remain “unchanged,” despite rumors suggesting a halt in construction at its second IC assembly plant in Chiayi County. Speculation arose that TSMC…
Taipei: A study by a Taiwan-based researcher has found that artificially alkalinized seawater can absorb more carbon dioxide (CO2), helping mitigate the greenhouse effect. Lui Hon-kit, an associate professor in the Department of Oceanography at Nation…
Taipei: Taiwan shares closed at a record high Thursday after the U.S. Federal Reserve cut interest rates and signaled more reductions this year following its two-day policy meeting, dealers said. The Taiex, the weighted index on the Taiwan Stock Excha…
Taipei: Taiwan’s central bank has decided to keep key interest rates unchanged for the sixth consecutive quarter following its quarterly policy meeting. This decision comes despite the U.S. Federal Reserve’s recent 25-basis-point rate cut.
According…
