Business

U.S. Dollar Closes Lower On Taipei Forex Market

Taipei: The U.S. dollar fell against the Taiwan dollar on Friday, shedding NT$0.005 to close at NT$31.678.

According to Focus Taiwan, turnover during the trading session totaled US$1.395 billion. The greenback opened at NT$31.740 and moved between …

Taiwan’s Industrial Output Hits Record High Driven by AI Demand

Taipei: Taiwan’s industrial production index and manufacturing subindex both hit record highs in January, driven by continued strong demand for artificial intelligence (AI) applications, the Ministry of Economic Affairs (MOEA) said Thursday. The indus…