Business

FTC Approves E. Sun Financial’s Acquisition of Mercuries Life

Taipei: Taiwan’s Fair Trade Commission (FTC) announced Wednesday that it has approved the acquisition of Mercuries Life Insurance Co. by E. Sun Financial Holding Co. The commission determined that the transaction does not pose a risk of restricting co…

Taiwan Stock Exchange Index Opens Higher, Gains 149.68 Points

Taipei: The Taiwan Stock Exchange’s main index made a positive start, opening up by 149.68 points at 33,379.50. The turnover for the opening session amounted to NT$10.66 billion, which is approximately US$335 million.

According to Focus Taiwan, the …

Taiwan Shares Soar Over 1,000 Points on U.S. Ceasefire with Iran

Taipei: Taiwan shares surged more than 1,000 points Wednesday morning after U.S. President Donald Trump agreed to a two-week ceasefire with Iran, dealers said. As of 9:58 a.m., the Taiex, the Taiwan Stock Exchange’s benchmark index, had gained 1,328.6…

Taiwan Shares Close Sharply Up 4.61%

Taipei: Taiwan shares ended up 1,531.56 points, or 4.61 percent, at 34,761.38 Wednesday on turnover of NT$856.26 billion (US$26.73 billion).

According to Focus Taiwan, the significant rise in the Taiwan stock market reflects a strong day of trading…

Taiex Posts Significant Surge Following U.S.-Iran Truce

Taipei: Shares in Taiwan experienced a substantial surge, climbing over 1,500 points, marking the second-largest single-day point gain in the nation’s history. This increase followed an agreement by U.S. President Donald Trump to a two-week truce with…