Business

Taiex Surges Over 800 Points as Trump Comments on Talks with Iran

Taipei: Shares in Taiwan moved sharply higher Wednesday after U.S. President Donald Trump said peace talks with Iran were underway, suggesting a de-escalation in the war with Tehran, analysts said. The Taiex, the Taiwan Stock Exchange’s benchmark inde…

Taiwan Stock Exchange Sees Positive Opening as Main Index Rises

Taipei: The Taiwan Stock Exchange’s main index experienced an upward trend as trading began, with an increase of 113.03 points, bringing the index to 32,725.27. The turnover for this session reached NT$8.22 billion, which is approximately US$255.02 mi…

Taiwan Shares Surge by 2.54%

Taipei: Taiwan shares ended up 826.87 points, or 2.54 percent, at 33,439.11 Wednesday on turnover of NT$624.71 billion (US$19.38 billion).

According to Focus Taiwan, the significant increase in the stock market reflects robust trading activities, co…

Taiwan’s Industrial Output Reaches New Heights Amid AI Demand

Taipei: Taiwan’s overall industrial output and manufacturing activity both hit record highs in February, driven by a strong global demand for artificial intelligence (AI) applications, a Ministry of Economic Affairs (MOEA) official said Tuesday. Taiwa…

TSMC’s ADRs Become Sixth Largest in Global Market Cap

New york: American depositary receipts of contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) rose sharply overnight to push up market value to the sixth largest in the world, according to the website companiesmarketcap.

According to Fo…

Taiwan Faces Rising Prices as Iran War Drives Up Costs: CRIF

Taipei: Taiwan faces rising risks to consumer prices and energy supply as the United States-Iran war enters its fourth week, with pressure building on supply chains and household costs, according to credit information agency CRIF Taiwan.

According t…