Business

Taiwan Shares Open Sharply Higher

Taipei: The Taiwan Stock Exchange’s main index experienced a significant rise as trading began, opening up 356.62 points at 33,128.49. The initial turnover was reported at NT$10.88 billion (US$342 million), indicating active investor participation.

A…

TSMC February Sales Hit Record High on Strong 3nm Demand

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) had consolidated sales of NT$317.66 billion (US$10 billion) in February, the highest ever for the month, driven by robust demand for chips built using the company’s advanced 3-nanometer (3nm) proce…

Taiex Rebounds Amid Middle East Tensions and Declining Oil Prices

Taipei: Taiwan stocks rebounded on Tuesday after a significant drop of 4 percent on Monday, though concerns over Middle East tensions continued to keep investors cautious, despite falling international oil prices. The Taiex, the Taiwan Stock Exchange’…

Price Stabilization Measures Launched as Oil Prices Surge

Taipei: Taiwan will not sharply increase its gasoline and natural gas prices despite surging global oil prices triggered by the ongoing Middle East conflict that began with American and Israeli attacks on Iran, officials said Tuesday. Speaking with re…

Price Stabilization Measures Launched as Oil Prices Surge

Taipei: Taiwan will not sharply increase its gasoline and natural gas prices despite surging global oil prices triggered by the ongoing Middle East conflict that began with American and Israeli attacks on Iran, officials said Tuesday. Speaking with re…

Taiex Rebounds Amid Middle East Tensions and Declining Oil Prices

Taipei: Taiwan stocks rebounded on Tuesday after a significant drop of 4 percent on Monday, though concerns over Middle East tensions continued to keep investors cautious, despite falling international oil prices. The Taiex, the Taiwan Stock Exchange’…