Business

TSMC Leads Surge in Taiwan’s Outbound Investments by 200%

Taipei: Outbound investments approved by Taiwan’s government surged 200 percent from a year earlier during the January-July period largely due to Taiwan Semiconductor Manufacturing Co. (TSMC) spending heavily overseas, according to the Ministry of Eco…

Taiwan Shares Close Down 1.2%

Taipei: Taiwan shares ended down 548.59 points, or 1.2 percent, at 45,308.68 Tuesday on turnover of NT$958.44 billion (US$30.10 billion).

According to Focus Taiwan, the stock market in Taiwan experienced a decline as trading concluded, with the index…

CAA Reviewing Application to Suspend Vital Taipei-Hualien Flights

Taipei: The Civil Aviation Administration (CAA) on Monday confirmed that it is reviewing an application from Uni Air to suspend its regular Taipei-Hualien route, which, if approved, could deal a potentially fatal blow to Hualien’s domestic air service…

Taiwan Shares Inch Higher Amid Reduced Turnover

Taipei: Shares in Taiwan closed slightly higher on reduced turnover Monday as investors appeared reluctant to chase prices amid fears of a major pullback, with some locking in earlier gains in large-cap tech stocks, dealers said. The Taiex, the Taiwan…