Business

Taiwan Shares Surge by 2.88%

Taipei: Taiwan shares ended up 1,250.94 points, or 2.88 percent, at 44,611.60 Wednesday on turnover of NT$1.14 trillion (US$35.36 billion).

According to Focus Taiwan, the increase in Taiwan’s stock market highlights substantial trading activity and …

Hon Hai Achieves Record Revenue in July Surpassing NT$900 Billion

Taipei: Hon Hai Precision Industry Co. posted record unaudited consolidated revenue of NT$946.512 billion (US$29.27 billion) in July, marking the first time the company’s monthly revenue has exceeded NT$900 billion and representing a 54.19 percent inc…

Taiwan Stock Market Sees Minimal Movement Amid Large Fluctuations

Taipei: Shares in Taiwan closed little changed after a big swing of more than 1,000 points Tuesday as selling emerged to erode initial gains with investors shrugging off a rally in the United States overnight, dealers said. The Taiex, the Taiwan Stock…

Rules on Cooling Period for Disposition Stocks Relaxed by TWSE

Taipei: The Taiwan Stock Exchange (TWSE) has eased the rules governing the cooling period for “disposition stocks,” effective from Aug. 10.

According to Focus Taiwan, the cooling period for a stock placed in disposition will be shortened to five tr…

TSMC’s Kumamoto Fab Back to Normal After Earthquake

Taipei: The operations of Taiwan Semiconductor Manufacturing Co.’s (TSMC’s) fab in Kumamoto, Japan, have fully returned to normal after an earthquake hit the area, TSMC said while also pledging to donate 250 million Japanese yen in disaster relief.

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