Business

Taiwan Shares Surge Over 3% as TSMC Reaches New Heights

Taipei: Shares in Taiwan surged more than 3 percent as contract chipmaker Taiwan Semiconductor Manufacturing Co. closed at a new high after the Financial Supervisory Commission (FSC) raised the investment ceiling for the stock by active exchange-trade…

Taiwan Shares Surge by 3.23% to Close at 38,932.40

Taipei: Taiwan shares ended up 1,218.25 points, or 3.23 percent, at 38,932.40 Friday on turnover of NT$1.03 trillion (US$32.53 billion).

According to Focus Taiwan, the significant increase in Taiwan’s stock market reflects a strong trading day with…

FTC Awaits Documents for Grab’s US$600M Foodpanda Acquisition

Taipei: Singapore-based ride-hailing and delivery giant Grab Holdings planned acquisition of foodpanda’s Taiwan operations has yet to enter the formal review stage, as regulators await supplementary documents, Taiwan’s Fair Trade Commission (FTC) said…

Taiwan Stock Market Closes Lower by 0.43%

Taipei: Taiwan shares ended down 164.32 points, or 0.43 percent, at 37,714.15 Thursday on turnover of NT$1.4 trillion (US$44.37 billion).

According to Focus Taiwan, the Taiwanese stock market experienced a decline, closing the session with a decreas…

TSMC Unveils A13 Process at North American Forum

Santa clara: Taiwan Semiconductor Manufacturing Co. (TSMC) on Wednesday unveiled its next-generation A13 process at its North America Technology Symposium in California, saying that it was targeting volume production in 2029. The new A13 process is ai…