Business

MSCI Adjusts Taiwan’s Weighting in Major Indexes

Taipei: MSCI Inc., a global index provider, has raised Taiwan’s weighting in one of its major indexes but cut the weighting in two other indexes after a regular index review.

According to Focus Taiwan, MSCI announced an upgrade of Taiwan’s weighting…

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…