Taipei:Ting Hsin International Group executive Wei Ying-chiao has purchased a significant stake of over 17 percent in Taipei Financial Center Corp. (TFCC), which operates the iconic Taipei 101 skyscraper, from the Japanese business conglomerate Itochu…
Taipei:The U.S. dollar experienced a decrease in value during trading on the Taipei Foreign Exchange. At 10 a.m. Wednesday, the dollar was traded at NT$32.426.
According to Focus Taiwan, this marked a decline of NT$0.026 from the previous close, ind…
Taipei:Taiwan shares closed with a significant increase of 939.35 points, or 2.04 percent, ending at 47,035.58 on Wednesday. The market saw a turnover of NT$722.14 billion (US$22.26 billion).
According to Focus Taiwan, the positive closing marks a n…
Taipei:Taiwan’s main stock index experienced a positive start on Wednesday, opening up 306.56 points. The initial level of the index was recorded at 46,402.79.
According to Focus Taiwan, the turnover for the stock exchange at the opening was NT$11.3…
Taipei:Taiwan’s inflation remains under control, but there are concerns that consumer prices could face increased pressure if government subsidies for state-run Taiwan Power Co. (Taipower) and CPC Corp., Taiwan are withdrawn. This comes amidst rising …
Taipei:Net fund outflows by foreign institutional investors have significantly contributed to the Taiwan dollar’s sharp depreciation against the U.S. dollar in recent months, as reported by Taiwan’s central bank.
According to Focus Taiwan, the centr…
