Business

Taiex Sees Limited Gains Amid U.S. Tariff Concerns

Taipei: Shares in Taiwan closed higher, but gains were limited on Monday, the first trading session after the nine-day Lunar New Year holiday, as renewed concerns over U.S. tariff policies emerged. This followed U.S. President Donald Trump’s impositio…

Taiwan Shares Close Up 0.5% Amid Strong Market Performance

Taipei: Taiwan shares ended up 167.55 points, or 0.5 percent, at 33,773.26 Monday on turnover of NT$902.08 billion (US$28.68 billion).

According to Focus Taiwan, the stock market in Taiwan experienced a positive trading session, with a significant i…

Taiwan Shares Open Higher at Start of Trading Week

Taipei: The Taiwan Stock Exchange’s main index began the week on a positive note, opening up 57.31 points at 33,663.02. This increase occurred amidst a turnover of NT$37.296 billion (US$1.18 billion), reflecting active trading activity.

According to …

King Liu, Founder of Giant Group, Passes Away at 93

Taipei: King Liu, founder of Taiwan’s leading bicycle maker Giant Group, died early Monday at the age of 93, the company said. In a statement, Giant expressed that Liu, who established the company in 1972, was not only its founder but also a guiding l…

CPC Announces Freeze on Fuel Prices During Lunar New Year Holiday

Taipei: State-run oil refiner CPC Corp., Taiwan has announced that gasoline and diesel prices at its stations across Taiwan will remain unchanged over the Lunar New Year holiday, effective from midnight Sunday. The decision comes in the wake of antici…