Business

Taiwan Shares Open Higher on Wednesday

Taipei: The Taiwan Stock Exchange’s main index experienced an uptick as trading commenced on Wednesday, with the index opening up 13.18 points at 33,086.15. The initial turnover for the session was recorded at NT$12.11 billion (US$384.67 million).

A…

TSMC Approves US$44.96 Billion Budget Amid AI Boom

Taipei: Taiwan Semiconductor Manufacturing Co’s (TSMC) board of directors has approved a US$44.96 billion capital budget to bolster advanced and specialty technology capacity, upgrade advanced packaging, and fund fab construction. The funding targets …

Starlux Becomes First Taiwan Carrier to Operate A350-1000

Taoyuan: Starlux Airlines became the first carrier in Taiwan to operate Airbus’ next-generation long-haul A350-1000 aircraft with a maiden service from Taoyuan to Tokyo on Tuesday morning. Before the departure of Flight JX802, Taiwan’s newest internat…

U.S. Dollar Closed Lower on Taipei Forex Market

Taipei: The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.010 to close at NT$31.550.

According to Focus Taiwan, the turnover totaled US$1.338 billion during the trading session. The greenback opened at NT$31.530, and moved betwee…