Business

Taiwan Shares Open Lower as Main Index Drops

Taipei: The Taiwan Stock Exchange’s main index experienced a downturn, opening 94.9 points lower at 34,228.75. The decline was observed on Wednesday with a turnover amounting to NT$11 billion, equivalent to US$350 million.

According to Focus Taiwan,…

Taiex Plummets Over 770 Points Amid Middle East Conflict

Taipei: Shares in Taiwan took a significant hit, diving more than 770 points Tuesday, as a result of a sell-off triggered by the ongoing military conflict in the Middle East. This unrest has led to a surge in international crude oil prices, affecting …

Record Gains Boost Taiwan Labor Pension Fund Payouts

Taipei: A majority of people enrolled in the new Labor Pension Fund received a boost of over NT$20,000 (US$633.18) to their pensions following the distribution of record gains made from the fund’s investment on Tuesday, according to the Bureau of Labo…