Business

Taiwan Shares Close Down 4.65%

Taipei: Taiwan shares ended down 2,030.83 points, or 4.65 percent, at 41,603.36 Tuesday on turnover of NT$809.48 billion (US$25.04 billion).

According to Focus Taiwan, the significant drop in the stock market has been a point of concern for investor…

Taiwan and U.K. Forge New Drone Industry Partnership

Taipei: Taiwan has signed a memorandum of understanding (MOU) with a British defense industry group to establish a platform for bilateral drone industry exchanges, the alliance behind the initiative said Monday.

According to Focus Taiwan, the Taiwan…

Direct Hualien-Incheon Flights to Be Suspended at End of July

Taipei: Routine direct flights between Hualien and South Korea’s Incheon International Airport will be suspended at the end of July, the Hualien County Tourism Department said Monday.

According to Focus Taiwan, Yu Ming-hsun, head of the department, s…

Winning Numbers Released for May-June Receipt Lottery

Taipei: The Ministry of Finance (MOF) on Saturday released the winning numbers for Taiwan’s May-June uniform invoice lottery, announcing 38548029 as the number for the NT$10 million (US$309,023) special prize. The NT$2 million grand prize number was 1…