Business

Taiex Posts Second Largest Gains Amid Hopes for Middle East Peace

Taipei: Shares in Taiwan surged dramatically, with the Taiex index posting its second-highest daily point gain ever, buoyed by hopes of de-escalation in Middle Eastern military conflicts. The Taiex, Taiwan’s benchmark index, increased by 1,451.83 poin…

Taiwan’s Manufacturing Sector Faces Sluggish Growth in February

Taipei: Taiwan’s manufacturing sector showed sluggish growth in February, as export orders and industrial production lost some momentum, the Taiwan Institute of Economic Research (TIER) said Tuesday. TIER’s composite index, which measures the sector’s…