Business

Taiwan Stock Market Sees Gains Amid TSMC Profit-Taking

Taipei:Shares in Taiwan closed higher on Wednesday, although they were unable to maintain all of their earlier gains due to profit-taking on Taiwan Semiconductor Manufacturing Co. (TSMC) shares. This occurred ahead of TSMC’s investor conference schedu…

CPC Corp. Taiwan to Invest in Alaska LNG Project

Taipei:State-owned CPC Corp., Taiwan will invest up to US$4.4 billion in an Alaska liquefied natural gas (LNG) project, aiming to purchase 6 million metric tons of LNG annually once production commences, as confirmed by the Ministry of Economic Affair…

U.S. Dollar Rises Significantly in Taipei Trading

Taipei:The U.S. dollar was traded at NT$32.200 at 10 a.m. Wednesday on the Taipei Foreign Exchange, marking an increase of NT$0.115 from the previous close.

According to Focus Taiwan, this rise indicates a sharp increase in the value of the U.S. dol…

Taiwan Stock Market Starts Day with Gains

Baku:The Taiwan Stock Exchange’s main index began the day with a rise, opening up 41.33 points at 48,382.64 on Wednesday. The turnover reached NT$9.50 billion, equivalent to US$295.63 million.

According to Focus Taiwan, the early trading session ind…

Taiwan Stock Market Rises by 0.59%

Baku:Taiwan shares concluded the trading session on a positive note, rising by 284.52 points or 0.59 percent to close at 48,625.83.

According to Focus Taiwan, the market turnover for the day reached NT$928.62 billion, equivalent to US$28.89 billion.