Governance

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…

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….

Hualien County to Sue Pegatron Chairman Over Quake Donation Claims

Hualien: The Hualien County Government announced plans to file a lawsuit against Pegatron Corporation Chairman Tung Tzu-hsien, accusing him of making “false accusations” regarding the county officials’ handling of donations intended for earthquake-affected schools. According to Focus Taiwan, Tung alleged in a video that more than NT$70 million was donated