Business

Smoking Power Bank Disrupts Taipei Metro Blue Line Train

Taipei: A passenger’s power bank began smoking on a Taipei Metro train on the Bannan Blue Line, prompting Taipei Rapid Transit Corp. (TRTC) to transfer about 1,200 passengers to another train, the company said.

According to Focus Taiwan, a post by an…

Taiwan Stocks Surge as U.S. Rally Eases Rate Hike Concerns

Taipei: Shares in Taiwan soared by over 700 points Monday, fueled by a rally in the U.S. markets. The surge came on the back of weaker-than-expected job data from the U.S., which alleviated fears of an imminent Federal Reserve rate hike, according to …

Real Monthly Regular Wage Growth Hits 6-Year High for First Half

Taipei: Inflation-adjusted average monthly regular wages in Taiwan’s industrial and service sectors posted the strongest growth for the first half of the year in six years, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Mond…

TSMC’s July Sales Hit Record High

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) on Monday reported record sales for July, up more than 44 percent from a year earlier, with analysts attributing the growth to strong global demand for the chipmaker’s advanced chipmaking processes…