Business

Taiwan Shares Plunge Over Fed Rate Hike Concerns

Taipei: Shares in Taiwan experienced a significant drop of more than 750 points Friday, primarily driven by the electronics sector. This decline comes amid increasing fears of an interest rate hike by the U.S. Federal Reserve following reports from Wa…

Micron to Give Employees Rewards Worth 35-68 Months’ Pay

Taipei: U.S.-based memory chip supplier Micron Technology Inc. has announced plans to distribute rewards equivalent to 35-68 months’ pay to its workers in Taiwan for fiscal 2026 in response to the country’s union threats to strike.

According to Focu…

Taiwan Shares Close Down 1.61%

Taipei: Taiwan shares ended down 755.64 points, or 1.61 percent, at 46,184.85 Friday on turnover of NT$721.91 billion (US$22.84 billion).

According to Focus Taiwan, the stock market in Taiwan experienced a significant decline, closing the session w…

Taiwan Shares Open Lower as Market Starts Day in Red

Taipei: The Taiwan Stock Exchange’s main index began the trading day with a decline, opening down 289.28 points at 46,651.21. The early trading session recorded a turnover of NT$10.98 billion (US$347.59 million).

According to Focus Taiwan, this downw…