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Taiwan Shares End Lower Amid Electronics Sector Retreat on AI Concerns

Taipei: Taiwan shares closed nearly 300 points lower Monday as concerns over overstretched AI valuations triggered heavy selling in the bellwether electronics sector, pulling the broader market into negative territory. The Taiex, the Taiwan Stock Exchange’s benchmark index, ended down 283.95 points, or 1.03 percent, at the day’s low of

Taiwan Firm Controls 6 Unmanned Surface Vessels from Single Station

Pingtung county: Thunder Tiger Group, a Taiwanese drone manufacturer, announced it simultaneously operated six SeaShark unmanned surface vessels (USV) from a single control station during a sea trial late last month, marking a significant milestone in Taiwan’s unmanned vessel development. According to Focus Taiwan, the Taichung-based company revealed in a

New Taipei to Hold Contractor Accountable for 3-Day Water Outage

New taipei: New Taipei Mayor Hou Yu-ih on Monday announced that the city will hold the contractor involved in a Tamsui District road project accountable after a burst pipe resulted in a water outage affecting approximately 62,000 households for more than three days. According to Focus Taiwan, Mayor Hou addressed

Taoyuan Airport’s Terminal 3 Welcomes First Passengers as North Concourse Trial Begins

Taoyuan: Taoyuan Airport’s under-construction Terminal 3 welcomed its first passengers Monday, as its north concourse began trial operations with the departure of three flights. A total of 968 passengers boarded flights to Sapporo, Japan, operated separately by China Airlines and EVA Air, and a Starlux Airlines service to Bangkok, Thailand.

‘Autumn Struggle’ Marchers Slam Lai’s NT$1.25 Trillion Defense Plan

Taipei: Around 200 people marched in Taipei on Sunday in the annual “Autumn Struggle” protest, criticizing President Lai Ching-te’s proposed NT$1.25 trillion (US$39.85 billion) supplementary defense budget and urging the government to prioritize social welfare spending. Traditionally one of Taiwan’s main labor demonstrations, but now encompassing broader social issues, the