October 16, 2025

U.S. Dollar Closes Higher on Taipei Forex Market

Taipei: The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.009 to close at the day’s high of NT$30.665. Turnover totaled US$950 million during the trading session. According to Focus Taiwan, the greenback opened at NT$30.640 and moved to a low of NT$30.570 before rebounding.

Taiwan Shares Surge Ahead of TSMC Investor Conference

Taipei: Taiwan shares rose to a new high Thursday, as investors bet on artificial intelligence development ahead of contract chipmaker Taiwan Semiconductor Manufacturing Co.’s (TSMC) investor conference later in the day. The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 372.16 points, or 1.36 percent, at