Business

Taiwan Shares Soar to New Heights Amid TSMC Rally

Taipei: Shares in Taiwan reached a record high as Taiwan Semiconductor Manufacturing Co. (TSMC) continued its upward trajectory, driven by optimism concerning global demand for AI applications. The Taiex, the Taiwan Stock Exchange’s benchmark index, i…

Taiwan Shares Close Down 0.24%

Taipei: Taiwan shares ended down 71.59 points, or 0.24 percent, at 30,288.96 Friday on turnover of NT$676.31 billion (US$21.35 billion).

According to Focus Taiwan, the market saw a decrease in points, marking a downturn in trading activity. The over…

Search for Missing F-16 Pilot Expands; No Results as of Noon

Taitung: The military has expanded the scope of its search and rescue operation for the missing pilot of an F-16V fighter jet, deploying sea, air, and ground forces around the clock, but has made no further progress as of noon Friday. Army units stati…

Snow Falls on Taiwan’s Highest Mountain

Nantou: Snow fell on Yushan (Jade Mountain), Taiwan’s highest mountain, at around 6 a.m. Friday, according to the Central Weather Administration (CWA). As of around 8 a.m., the CWA’s Yushan Weather Station in Nantou County had recorded one centimeter …