Industry

Taiwan Resumes Pork Exports with First Shipment to Singapore

Pingtung county: Taiwan has resumed pork exports after regaining self-certification as free of three major swine diseases, with the first shipment of processed pork products bound for Singapore later this month. Processed meat producer Taiwan Farm Ind…

Taiwan Tech Sector Selloff Drives Taiex Plunge, Erasing Gains

Taipei: Taiwan’s stock market tumbled sharply Wednesday as heavy selling in major technology stocks triggered a broad-based decline, sending the benchmark index below its monthly moving average and erasing all of the previous session’s gains. The Taie…

Taiwan Shares Close Down 3.31%

Taipei: Taiwan shares ended down 1,478.9 points, or 3.31 percent, at 43,225.54 Wednesday on turnover of NT$1.32 trillion (US$41.46 billion).

According to Focus Taiwan, the decline marked a significant drop in the stock market, reflecting a shift in…

TSMC Achieves Record Monthly Revenue of NT$416.9 Billion in May

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) on Wednesday reported record monthly revenue of NT$416.975 billion (US$13.19 billion) in May, putting the world’s largest contract chipmaker on track to set a record for quarterly revenue.

Accord…

Taiwan’s Exports Reach Second Highest Level in May Amid AI Boom

Taipei: Taiwan’s exports hit the second highest level ever in May, soaring over 50 percent from a year earlier, as global demand for tech gadgets remained robust during the AI boom, the Ministry of Finance (MOF) said Tuesday.

According to Focus Taiw…