Business

Taiwan Shares Open Higher with Initial Gains

Taipei: The Taiwan Stock Exchange’s main index opened with an increase, climbing 9.9 points to reach 30,370.45. The opening turnover was reported at NT$6.55 billion, equivalent to approximately US$200 million.

According to Focus Taiwan, this early up…

Taiwan Shares Open Lower as Main Index Drops Over 100 Points

Taipei: The Taiwan Stock Exchange’s main index opened down 104.89 points at 30,330.58 on Thursday with a turnover of NT$12 billion (US$382 million).

According to Focus Taiwan, this decrease in the index comes amidst various market conditions impacti…

Taiwan Shares Slip as TSMC Retreats from Record High

Taipei: Shares in Taiwan closed lower Wednesday as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) pulled back on profit taking after hitting a record closing level a session earlier, dealers said. The Taiex, the Taiwan Stock Exchange…

Nan Shan Life’s Colombia Exposure Tops NT$62.9 Billion: FSC

Taipei: Nan Shan Life Insurance Co.’s exposure to Colombia reached NT$62.91 billion (US$2 billion), Financial Supervisory Commission (FSC) Chairman Peng Jin-long said Wednesday, as geopolitical tensions in Latin America drew legislative scrutiny.

Ac…