Business

Taiwan Shares Open Sharply Higher

Taipei: The Taiwan Stock Exchange’s main index opened up 1,677.11 points at 41,610.41 Friday on turnover of NT$33.45 billion (US$1.03 billion).

According to Focus Taiwan, this significant increase in the index showcases a robust start to the trading …

TSMC February Sales Hit Record High on Strong 3nm Demand

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) had consolidated sales of NT$317.66 billion (US$10 billion) in February, the highest ever for the month, driven by robust demand for chips built using the company’s advanced 3-nanometer (3nm) proce…

Ex-Insurance Executive Detained in NT$50 Million Investment Fraud

Taipei: Taipei District Court on Saturday approved prosecutors’ request to detain a former insurance firm executive accused of selling investment products and pocketing more than NT$50 million (US$1.58 million) incommunicado. The suspect, surnamed Che…

TSMC Announces Ambitious Plan to Hire 8,000 Workers in 2026

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) revealed plans to recruit 8,000 additional employees this year to support its expansion goals, offering an average annual salary of NT$2.2 million (US$69,449) for new engineers with a master’s degr…

Taiwan’s Inflation Rate Sees Notable Increase in February

Taipei: Inflation in Taiwan rose 1.75 percent in February, and is expected to remain below the 2 percent warning threshold in March, despite rising oil prices driven by the war in the Middle East, an official said Friday.

According to Focus Taiwan, …