Business

CPC to Increase Domestic Fuel Prices Amid Rising Crude Oil Costs

Taipei: State-owned oil supplier CPC Corp., Taiwan, announced on Saturday that it will implement an increase in domestic gasoline and diesel prices next week. This decision follows a surge in international crude oil prices, which have risen above US$1…

New iPhone Models Sell Out Swiftly in Taiwan Amid High Demand

Taipei: The latest iPhone models, the iPhone 18 Pro series and the iPhone Duo, made a rapid exit from the virtual shelves of Chunghwa Telecom Co., selling out within a mere two minutes after preorders opened on Thursday afternoon. This swift sell-out …

Taiwan Shares Plunge Over Fed Rate Hike Concerns

Taipei: Shares in Taiwan experienced a significant drop of more than 750 points Friday, primarily driven by the electronics sector. This decline comes amid increasing fears of an interest rate hike by the U.S. Federal Reserve following reports from Wa…

Micron to Give Employees Rewards Worth 35-68 Months’ Pay

Taipei: U.S.-based memory chip supplier Micron Technology Inc. has announced plans to distribute rewards equivalent to 35-68 months’ pay to its workers in Taiwan for fiscal 2026 in response to the country’s union threats to strike.

According to Focu…

Taiwan Shares Close Down 1.61%

Taipei: Taiwan shares ended down 755.64 points, or 1.61 percent, at 46,184.85 Friday on turnover of NT$721.91 billion (US$22.84 billion).

According to Focus Taiwan, the stock market in Taiwan experienced a significant decline, closing the session w…