Business

CPC Corp. Taiwan to Invest in Alaska LNG Project

Taipei:State-owned CPC Corp., Taiwan will invest up to US$4.4 billion in an Alaska liquefied natural gas (LNG) project, aiming to purchase 6 million metric tons of LNG annually once production commences, as confirmed by the Ministry of Economic Affair…

U.S. Dollar Rises Significantly in Taipei Trading

Taipei:The U.S. dollar was traded at NT$32.200 at 10 a.m. Wednesday on the Taipei Foreign Exchange, marking an increase of NT$0.115 from the previous close.

According to Focus Taiwan, this rise indicates a sharp increase in the value of the U.S. dol…

U.S. Dollar Strengthens Significantly Against Taiwan Dollar

Taipei:The U.S. dollar experienced a notable increase against the Taiwan dollar on Tuesday, closing at NT$32.085 with a gain of NT$0.190.

According to Focus Taiwan, the trading session saw a turnover of US$4.798 billion on the Taipei forex market.

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Taiwan Stock Market Sees Sharp Decline Amid U.S. Tech Sell-Off

Taipei:Shares in Taiwan plummeted nearly 961 points on Tuesday, following a significant sell-off in U.S. technology stocks. This downturn was triggered by a Houthi attack on a Saudi Arabian airport, which caused crude oil prices to surge.

According …

U.S. Dollar Surges Past NT$32 Amid Geopolitical Tensions

Accra:The U.S. dollar climbed significantly against the Taiwan dollar on Tuesday, closing above NT$32 for the first time in two months. This increase came as investors sought refuge in the greenback due to rising geopolitical tensions, as per market d…