Business

Taiwan Shares Close Down 1.37%

Taipei: Taiwan shares ended down 439.72 points, or 1.37 percent, at 31,634.03 Monday on turnover of NT$740.40 billion (US$23.39 billion).

According to Focus Taiwan, the decline in the stock market highlights the fluctuations and challenges faced by …

AI Demand Could More Than Double TSMC Capacity: Nvidia CEO

Taipei: Nvidia Corp. CEO Jensen Huang said Saturday that Taiwan Semiconductor Manufacturing Co. (TSMC) could expand its production capacity by more than 100 percent over the next decade as surging AI demand strains the global semiconductor supply chai…

Fitch Raises Taiwan Banks’ Outlook Following U.S. Tariff Agreement

Taipei: Fitch Ratings has upgraded the outlook for Taiwan’s banking sector to “neutral” from “deteriorating,” citing a recent tariff agreement with the United States.

According to Focus Taiwan, the trade deal has reduced uncertainty in Taiwan’s mac…

CTBC Financial Tops Board Pay List; TSMC Ranks No. 3

Taipei: Financial Holding Co. paid the highest compensation to its board members among companies listed on the Taiwan Stock Exchange (TWSE) in 2024, with contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) ranking third, according to TWSE…