Business

U.S. Dollar Declines in Taipei Foreign Exchange Trading

Taipei:The U.S. dollar experienced a decrease in value during trading on the Taipei Foreign Exchange. At 10 a.m. Wednesday, the dollar was traded at NT$32.426.

According to Focus Taiwan, this marked a decline of NT$0.026 from the previous close, ind…

Taiwan Stock Market Rises by 2.04%, Reaching 47,035.58 Points

Taipei:Taiwan shares closed with a significant increase of 939.35 points, or 2.04 percent, ending at 47,035.58 on Wednesday. The market saw a turnover of NT$722.14 billion (US$22.26 billion).

According to Focus Taiwan, the positive closing marks a n…

Foreign Fund Outflows Contribute to Taiwan Dollar Depreciation

Taipei:Net fund outflows by foreign institutional investors have significantly contributed to the Taiwan dollar’s sharp depreciation against the U.S. dollar in recent months, as reported by Taiwan’s central bank.

According to Focus Taiwan, the centr…

Starlux Airlines Launches New Taichung-Nagoya Flight Route

Nagoya:Taichung Taiwanese carrier Starlux Airlines has announced the launch of a new route, providing regular flights between Taichung in central Taiwan and Nagoya, a major transportation hub in Japan.

According to Focus Taiwan, the airline will ini…