Business

Taiwan Business Sentiment Rises Across Major Sectors in May

Taipei: Business sentiment in Taiwan’s manufacturing, service, and construction sectors improved in May, driven by strong artificial intelligence demand, the Taiwan Institute of Economic Research (TIER) said Thursday.

According to Focus Taiwan, at a…

CUB Founder Assaults Bank Chairman Over ‘Misunderstanding’

Taipei: Following reports of a physical altercation between Cathay United Bank (CUB) founder Tsai Chen-yu and bank Chairman Kuo Ming-jian, the bank on Wednesday attributed the incident to a “misunderstanding” about Kuo’s multiple positions outside the…

Taiwan Shares Open Lower on Taiwan Stock Exchange

Taipei: The Taiwan Stock Exchange’s main index opened with a decrease of 190.67 points, settling at 46,909.98. The trading session on Wednesday began with a turnover amounting to NT$17.56 billion, which is approximately US$549.81 million.

According …

Led by TSMC, Taiwan Shares Plummet After U.S. Tech Losses

Taipei: Shares in Taiwan plunged over 1,000 points Wednesday after chip stocks in the United States suffered heavy losses overnight amid caution before Micron Technology Inc. released its quarterly results, dealers said. The Taiex, the Taiwan Stock Ex…