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: 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…
Taipei: Taiwan’s mango exports are projected to rise significantly, with expectations to increase by 2.5 to 2.6 times year-on-year by 2026, as the government plans to expand sales to all 27 European Union member states, Agriculture Minister Chen Junne…
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…
