Business

Taiex Suffers Biggest Single-Day Point Drop in History

Taipei: Taiwan’s benchmark stock index experienced an unprecedented plunge as it dropped 2,953.71 points on Friday, marking the largest single-day point decline in its history. The sell-off, primarily driven by a downturn in artificial intelligence-re…

Taiwan Shares Close Down 6.47%

Taipei: Taiwan shares ended down 2,953 points, or 6.47 percent, at 42,671.27 Friday on turnover of NT$1.21 trillion (US$37.61 billion).

According to Focus Taiwan, this significant decline reflects concerns among investors and market participants.

Taiwan Shares Close Down Marginally

Taipei: Taiwan shares ended down 6.61 points, or 0.01 percent, at 45,624.98 Thursday on turnover of NT$900.84 billion (US$27.98 billion).

According to Focus Taiwan, the slight decline in Taiwan’s stock market reflects a marginal adjustment in inves…

Taiex Sees Minimal Change as TSMC Rebound Offsets Market Losses

Taipei: Shares in Taiwan closed little changed Thursday after contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) rebounded from the day’s low amid continued enthusiasm over artificial intelligence (AI), helping the broader market recover…