Business

Taiwan Stocks Experience Major Decline Amid Tech Sell-Off

Taipei:Shares in Taiwan experienced the seventh steepest single-session point decline on Tuesday, driven by a significant sell-off in the electronics sector. This downturn was influenced by a sharp drop in tech stocks in the United States overnight, w…

U.S. Dollar Climbs Significantly in Taipei Forex Market

Taipei:The U.S. dollar experienced a notable increase against the Taiwan dollar on Tuesday, closing with a gain of NT$0.168 to reach NT$32.760.

According to Focus Taiwan, the trading session saw a total turnover of US$3.938 billion. The U.S. dollar …

Taiwan’s Stock Market Cap Surges Over 60% Amid Tech Boom

Taipei:Taiwan’s stock market capitalization has experienced a remarkable increase of over 60% year to date, significantly driven by the booming technology sector, as revealed by Financial Supervisory Commission (FSC) Chairman Peng Jin-lung. Speaking a…

Taiwan Stock Market Declines by 3.59% Amid Heavy Trading

Erbil:Taiwan shares concluded Tuesday’s trading session with a significant decline, dropping 1,612.60 points, which translates to a 3.59% decrease. The market closed at 43,307.54.

According to Focus Taiwan, the turnover for the day reached NT$928.06…

U.S. Dollar Rises Against New Taiwan Dollar in Taipei Trading

Taipei:The U.S. dollar experienced an upward trend in Taipei trading, reaching NT$32.686 at 10 a.m. Tuesday on the Taipei Foreign Exchange.

According to Focus Taiwan, this marks an increase of NT$0.094 from the previous close, indicating a strengthe…