Business

Taiwan Shares Close Up 1.60%

Taipei: Taiwan shares ended up 499.71 points, or 1.60 percent, at 31,746.08 Thursday on turnover of NT$791.03 billion (US$25 billion).

According to Focus Taiwan, the stock market in Taiwan saw a significant rise, closing at 31,746.08 points. The tra…

Taiwan Shares Close Down 1.62%

Taipei: Taiwan shares ended down 513.62 points, or 1.62 percent, at 31,246.37 Wednesday on turnover of NT$868.9 billion (US$27.45 billion).

According to Focus Taiwan, the decline in the market reflects investor caution amid ongoing global economic …

Taiwan Shares Open Lower at 31,749.14

Taipei: The Taiwan Stock Exchange’s main index began the day with a decrease, opening down by 10.85 points to reach 31,749.14. The trading commenced with a turnover of NT$8.52 billion, equivalent to approximately US$260 million.

According to Focus T…

GlobalWafers Initiates Second Phase of Texas Expansion

Taipei: Taiwan-based silicon wafer supplier GlobalWafers Co. has begun preparatory work for the second phase of its investment in Texas for expansion. Speaking with reporters, GlobalWafers Chairwoman Doris Hsu stated that the company aims to develop i…