Business

Taiex Posts Second Largest Gains Amid Hopes for Middle East Peace

Taipei: Shares in Taiwan surged dramatically, with the Taiex index posting its second-highest daily point gain ever, buoyed by hopes of de-escalation in Middle Eastern military conflicts. The Taiex, Taiwan’s benchmark index, increased by 1,451.83 poin…

Taiwan Shares Open Lower with 99.16 Point Drop

Taipei: The Taiwan Stock Exchange’s main index opened down 99.16 points at 32,419.0 on Tuesday. The opening turnover was reported at NT$9.32 billion (US$288.40 million).

According to Focus Taiwan, the market’s opening indicated a decrease in investor…

Taiwan’s Manufacturing Sector Faces Sluggish Growth in February

Taipei: Taiwan’s manufacturing sector showed sluggish growth in February, as export orders and industrial production lost some momentum, the Taiwan Institute of Economic Research (TIER) said Tuesday. TIER’s composite index, which measures the sector’s…