Business

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…

Taiwan Shares Slip as TSMC Retreats from Earlier Gains

Taipei: Shares in Taiwan closed lower on profit-taking as Taiwan Semiconductor Manufacturing Co. (TSMC) surrendered its earlier gains, dealers said. The Taiex, Taiwan Stock Exchange’s benchmark index, fell by 210.47 points, or 0.46 percent, closing at…

MSCI Enhances Taiwan’s Weighting in Key Global Indexes

Taipei: Global index provider MSCI Inc. has increased Taiwan’s weighting in its three key indexes, delivering a modest boost to Taiwan’s stock market on Thursday. According to Focus Taiwan, MSCI announced an upgrade in Taiwan’s weighting in the MSCI E…