Business

Taiwan Shares Close Down 3.76%

Taipei: Taiwan shares ended down 1,564.18 points, or 3.76 percent, at 40,039.18 Wednesday on turnover of NT$1.08 trillion (US$33.46 billion).

According to Focus Taiwan, the market experienced a significant drop, affecting investor sentiment and rai…

Taiex Rebounds to 40,000 Points Amid AI Spending Concerns

Taipei: Shares in Taiwan rebounded to the 40,000-point level by the close of trading Wednesday after late bargain hunting. Despite this recovery, the Taiex still posted a significant decline of over 1,500 points due to ongoing concerns about heavy inv…

Taiex Suffers Third Steepest Point Drop Amid AI Spending Concerns

Taipei: Shares in Taiwan posted the third largest single-session point decline Tuesday as tech stocks took a beating amid lingering concerns over massive spending on AI development that may not deliver comparable returns, dealers said. The Taiex, the …

TSMC’s Japan Fab Evacuates Staff After Strong Earthquake

Taipei: Taiwan Semiconductor Manufacturing Co.’s (TSMC) subsidiary, Japan Advanced Semiconductor Manufacturing Inc. (JASM), located in Kumamoto Prefecture, Japan, evacuated its employees after a powerful earthquake struck the region Tuesday afternoon,…