Governance

U.S. Attack Drones Delivered to Taiwan’s Army: Minister

Taipei: Defense Minister Wellington Koo announced that the first batch of Altius-600M attack drones purchased from the United States was delivered to Taiwan’s Army on Monday. According to Focus Taiwan, Koo met with Palmer Luckey, founder of Anduril Industries, the company responsible for manufacturing the drones. Koo expressed gratitude for

U.S. Dollar Down in Taipei Trading

Taipei: The U.S. dollar was traded at NT$29.290 at 10 a.m. Thursday on the Taipei Foreign Exchange, marking a decrease of NT$0.072 from the previous close.

According to Focus Taiwan, the decline in the U.S. dollar’s value reflects ongoing fluctuatio…

Taiwan Shares Open Higher on Stock Exchange

Taipei: The Taiwan Stock Exchange’s main index started the day positively, registering an increase of 55 points to reach 23,373.67. This upward movement in the index came with an initial turnover of NT$5.16 billion, equivalent to approximately US$175….

Taiwan Industrial Output Sees 16th Consecutive Month of Growth

Taipei: Taiwan’s industrial production rose 18.65 percent year-on-year in June, marking the 16th straight month of growth on the back of strong global demand for artificial intelligence applications, the Ministry of Economic Affairs (MOEA) said Wednes…