Industry

Confidence in Economy Improves Amid AI Boom: Poll

Taipei: Confidence in the local economy improved in June as Taiwan’s export-oriented economy continued to benefit from the global AI boom, a survey released by Cathay Financial Holding Co. showed Monday.

According to Focus Taiwan, Cathay Financial, …

Taiwan Shares Close Up 2.75%

Taipei: Taiwan shares ended up 1,276.31 points, or 2.75 percent, at 47,741.51 Monday on turnover of NT$1.44 trillion (US$45.20 billion).

According to Focus Taiwan, the stock market in Taiwan saw a significant increase, closing with a substantial gai…

Taiwan Rises to Record No. 4 in IMD World Competitiveness Ranking

Taipei: Taiwan achieved its best-ever performance in the World Competitiveness Ranking released Thursday by the Switzerland-based International Institute for Management Development (IMD), climbing two places to fourth globally. Taiwan ranked behind on…

Taiwan Shares Hit Record High Driven by Tech Stock Surge

Taipei: Shares in Taiwan reached new record closing levels on Thursday as tech stocks took center stage. Investors are showing increased interest in the potential of AI development, which overshadowed the U.S. Federal Reserve’s recent hawkish tone fol…

Central Bank Maintains Interest Rates Amid Global Uncertainty

Taipei: The local central bank on Thursday decided to leave its key interest rates unchanged after concluding its quarterly policymaking meeting. This marks the ninth consecutive quarter in which the bank has maintained interest rates at the same leve…