Business

Taiwan Shares Close Up 1.48%

Taipei: Taiwan shares ended up 494.06 points, or 1.48 percent, at 33,836.57 Tuesday on turnover of NT$818.89 billion (US$25.65 billion).

According to Focus Taiwan, the stock market in Taiwan experienced an increase in value with a notable rise in th…

Cathay Financial Ups 2026 GDP Growth Forecast for Taiwan to 5.8%

Taipei: Cathay Financial Holding Co. has raised its forecast for Taiwan’s gross domestic product growth in 2026 to 5.8 percent, citing the AI boom, but it cautioned that the economy could be hit by inflationary pressures due to higher crude oil prices…