Business

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…

Taiwanese Stock Market Drops Amid Middle East Conflict

Taipei: Shares in Taiwan ended lower on Monday as escalating conflict in the Middle East affected market sentiment following attacks by the United States and Israel on Iran, resulting in the death of Iran’s supreme leader Ayatollah Ali Khamenei, deale…

Taiwan Shares Close Down 0.90%

Taipei: Taiwan shares ended down 319.40 points, or 0.90 percent, at 35,095.09 Monday on turnover of NT$966.85 billion (US$30.76 billion).

According to Focus Taiwan, the market witnessed a decrease in points, reflecting a downward trend in trading a…

U.S. Dollar Sharply Higher in Taipei Trading

Taipei: The U.S. dollar was traded at NT$31.399 at 10 a.m. Monday on the Taipei Foreign Exchange, up NT$0.148 from the previous close.

According to Focus Taiwan, this increase in the value of the U.S. dollar comes amid fluctuating market conditions….