Industry

Taiwan Aims to Become Asian Nasdaq, Says President Lai

Taipei: Taiwan aims to transform its capital market into an Asian equivalent of the tech-heavy Nasdaq market so startups from around the world can raise funds in the country and seek opportunities to work with their Taiwanese counterparts, according t…

Taiwan Shares Close Down 1.33%

Taipei: Taiwan shares ended down 606.52 points, or 1.33 percent, at 45,070.94 Friday on turnover of NT$1.23 trillion (US$38.70 billion).

According to Focus Taiwan, the decline in the market was observed as investors showed caution in their trading ac…

Hon Hai Achieves Record May Sales Driven by AI Demand

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Friday reported its highest sales for May on the back of robust global demand for AI applications.

According to Focus Taiwan, the iPhone assembler, which has intensified AI d…