Business

Taiwan Shares Open Lower as Main Index Drops

Taipei: The Taiwan Stock Exchange’s main index experienced a downturn, opening 94.9 points lower at 34,228.75. The decline was observed on Wednesday with a turnover amounting to NT$11 billion, equivalent to US$350 million.

According to Focus Taiwan,…

Taiex Plummets Over 770 Points Amid Middle East Conflict

Taipei: Shares in Taiwan took a significant hit, diving more than 770 points Tuesday, as a result of a sell-off triggered by the ongoing military conflict in the Middle East. This unrest has led to a surge in international crude oil prices, affecting …

Record Gains Boost Taiwan Labor Pension Fund Payouts

Taipei: A majority of people enrolled in the new Labor Pension Fund received a boost of over NT$20,000 (US$633.18) to their pensions following the distribution of record gains made from the fund’s investment on Tuesday, according to the Bureau of Labo…

Taiwan Shares Open Higher as Main Index Rises

Taipei: The Taiwan Stock Exchange’s main index began the trading day with an increase, opening up by 11.13 points to reach 35,106.22. The turnover at the opening was reported to be NT$8.91 billion, equivalent to approximately US$283 million.

Accordi…