Business

Taiwan Shares Close Down 2.45%

Taipei: Taiwan shares ended down 795.17 points, or 2.45 percent, at 31,722.99 Tuesday on turnover of NT$792.45 billion (US$24.49 billion).

According to Focus Taiwan, the market experienced a significant drop, closing at 31,722.99 points. The trading…

Taiwan Shares Open Lower with 99.16 Point Drop

Taipei: The Taiwan Stock Exchange’s main index opened down 99.16 points at 32,419.0 on Tuesday. The opening turnover was reported at NT$9.32 billion (US$288.40 million).

According to Focus Taiwan, the market’s opening indicated a decrease in investor…

Grab Seeks Taiwan Approval for US$600 Million Foodpanda Deal

Singapore: Singapore-based ride-hailing and delivery giant Grab Holdings Ltd. has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero’s foodpanda in a deal valued at about US$600 million. Grab said in a stat…