Business

U.S. Dollar Declines in Taipei Exchange

Taipei:The U.S. dollar was traded at NT$31.689 at 10 a.m. Wednesday on the Taipei Foreign Exchange, marking a decrease of NT$0.019 from the previous close.

According to Focus Taiwan, the currency experienced this dip during the morning trading sessi…

U.S. Dollar Strengthens Against Taiwan Dollar in Taipei

Taipei:The U.S. dollar closed higher against the Taiwan dollar on the Taipei foreign exchange market, increasing by NT$0.008 to end at NT$31.716 on Wednesday.

According to Focus Taiwan, the trading session saw a turnover of US$1.479 billion. The gre…

CPC Announces Steady Fuel Prices Amid Rising Crude Costs

Taipei: State-owned oil supplier CPC Corp., Taiwan, announced Saturday that it will leave its domestic gasoline and diesel prices unchanged next week despite higher crude oil purchasing costs.

According to Focus Taiwan, CPC Corp. stated it will reco…

AI-Driven Inflation Manageable: Central Bank

Taipei: Inflationary pressure driven by artificial intelligence (AI) remains manageable in Taiwan, the central bank said Thursday, adding that wider adoption of AI is expected to boost productivity and eventually help ease inflationary pressure.

Acco…