Taipei: The U.S. dollar was traded at NT$31.510 at 10 a.m. Tuesday on the Taipei Foreign Exchange, reflecting a decrease of NT$0.013 from the previous close. According to Focus Taiwan, the movement in the currency exchange rate indicates a slight depreciation of the U.S. dollar against the New Taiwan dollar

Taipei: Taiwan shares ended up 160.83 points, or 0.57 percent, at 28,310.47 Tuesday on turnover of NT$420.39 billion (US$13.35 billion). According to Focus Taiwan, the increase in Taiwan shares reflects an upward trend in the stock market, with a notable rise in trading activity. The market’s performance was marked by

Taipei: Amendments to commodity and vehicle license tax laws for electric vehicles (EVs) that will extend an exemption of these taxes for an additional five years cleared the Legislative Yuan on Tuesday. With the current exemptions of commodity and vehicle license taxes for consumers to buy EVs that were launched

Taipei: The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.015 to close at NT$31.508. Turnover totaled US$942 million during the trading session. According to Focus Taiwan, the greenback opened at NT$31.510, and moved between NT$31.485 and NT$31.544 before the close.

Taipei: A tariff hike to be imposed by the Mexican government will not affect Taiwan-made information and communication technology (ICT) related items such as semiconductors, Taiwan’s Office of Trade Negotiations said Tuesday. According to Focus Taiwan, these items, including chips, servers, graphics cards, and printed circuit boards (PCBs), represent about

Taipei: Taiwan’s economic growth for 2025 was forecast at 7.25 percent on Tuesday by the Taiwan Research Institute (TRI), a sharp upward revision from its June estimate of 2.9 percent, though it also urged caution over economic conditions in 2026. According to Focus Taiwan, the TRI noted that initial concerns