Business

Kaohsiung, Subic Bay Ports Sign Sister-Port Agreement

Kaohsiung: The Port of Kaohsiung and the Port of Subic Bay in the Philippines officially signed a sister-port agreement Wednesday, marking an expansion of maritime cooperation between Taiwan and Southeast Asia. The signing ceremony was held during the…

Taiex Ends at High as TSMC Tops NT$2,000 Mark

Taipei: Shares in Taiwan again closed at a record high Wednesday, with the Taiex jumping more than 700 points after contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) breached the NT$2,000 (US$63.81) mark for the first time, dealers said…

TSMC Accounts for Over 10% of Taiex Turnover Tuesday

Taipei: Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) was a driver of significant gains on the local main board Tuesday, accounting for more than 10 percent of the market’s total turnover of NT$861.81 billion (US$27.39 billion), acc…

Taiwan Shares Surge Over 900 Points Driven by Electronics Sector

Taipei: Shares in Taiwan moved sharply higher Tuesday as investors shrugged off losses seen in American markets overnight and rushed to buy electronics stocks related to the AI boom, dealers said. The Taiex, the Taiwan Stock Exchange’s benchmark index…