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Taiwan shares close up 0.68%

Taiwan shares closed up 118.40 points, or 0.68 percent, at 17,415.30 Monday on turnover of NT$373.65 billion (US$13.41 billion).   Source: Focus Taiwan News Channel

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CORONAVIRUS/Taiwan reports three new COVID-19 cases, zero deaths

Taiwan on Monday reported three new cases of COVID-19, all contracted overseas, and zero deaths from the disease, according to the Central Epidemic Command Center (CECC).   The three new imported cases involved two men and one woman, aged between their teens and 40s, who traveled to Taiwan between Oct.

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Furloughed workers fall by over 5,000 as domestic demand recovers

The number of workers on formal furlough programs in Taiwan fell sharply by more than 5,000 in one week as domestic demand recovered on the back of the government’s stimulus measures, the Ministry of Labor (MOL) said Monday.   According to data compiled by the MOL, the number of workers

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Taiwan graduates experience longest job-hunting wait in 9 years: survey

Graduates fresh out of college in Taiwan recorded the longest wait between graduation and employment in nine years in 2021, according to the results of a survey released Friday.   The survey, conducted by local job hunting website “yes123,” indicated that graduates waited an average of 2.8 months (84 days)

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U.S. dollar closes lower on the Taipei forex market

The U.S. dollar fell against the Taiwan dollar Monday, shedding NT$0.009 to close at the day’s low of NT$27.722.   Turnover totaled US$958 million during the trading session.   The greenback opened at NT$27.710, and moved to the day’s high of NT$27.670 before the close.   Source: Focus Taiwan News

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Taiwan’s military reverses course on conscript training

Conscripts in Taiwan will again be assigned to field military units across the country, including those on offshore islands, after concluding their basic training, the Ministry of National Defense (MND) said Monday.   Currently, the four-month military service period for all eligible males in Taiwan is divided into two stages

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Taiwan firms in China could face regular power curbs: scholar

Taiwanese companies with production lines in China could face power rationing on a regular basis in the longer term as Beijing aims to reduce energy usage and carbon emissions, a scholar with the Taiwan Institute of Economic Research (TIER) said Monday.   Gordon Sun (孫明德), director of TIER’s Economic Forecasting

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