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 Opens Higher with Robust Turnover

Taipei: The Taiwan Stock Exchange’s main index saw an increase as it opened up by 99.09 points, reaching 32,671.52. The opening turnover was reported at NT$5.9 billion, equivalent to US$186.13 million.

According to Focus Taiwan, this rise in the ind…

Taiwan Shares Surge 2.02% to Close at 33,229.82

Taipei: Taiwan shares ended up 657.39 points, or 2.02 percent, at 33,229.82 Tuesday on turnover of NT$564.34 billion (US$17.50 billion).

According to Focus Taiwan, the significant rise in the Taiwan stock market reflects robust trading activity and…