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…
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 …
Taipei: Switzerland-based banking group UBS has raised its forecast for Taiwan’s 2026 gross domestic product (GDP) growth to 9.9 percent, up from an earlier estimate of 8 percent made in April.
According to Focus Taiwan, William Deng, a UBS senior e…
Taipei: Shares in Taiwan closed at a new high, soaring over 1,200 points Monday, as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) smashed previous closing levels amid optimism over global AI development, dealers said. The Taiex, the…
Taipei: Taiwan’s game software industry generated NT$71 billion (US$2.24 billion) in revenue in 2025, marking a 48.7 percent increase from five years earlier. This growth has been driven by the rising demand for digital entertainment and the stay-at-h…
Taipei: Confidence in the local economy improved in June as Taiwan’s export-oriented economy continued to benefit from the global AI boom, a survey released by Cathay Financial Holding Co. showed Monday.
According to Focus Taiwan, Cathay Financial, …
