Industry

U.S. Dollar Lower in Taipei Trading

Taipei: The U.S. dollar was traded at NT$31.411 at 10 a.m. Wednesday on the Taipei Foreign Exchange, marking a decrease of NT$0.024 from the previous close. According to Focus Taiwan, this decrease in the U.S. dollar’s value is indicative of recent trends in foreign exchange markets. Market participants have been

Taiwan Stock Exchange Opens with Gains as Main Index Rises

Taipei: The Taiwan Stock Exchange’s main index opened higher on Wednesday, registering an increase of 41.36 points to reach 27,605.63. The opening turnover was noted at NT$4.585 billion, equivalent to approximately US$140 million. According to Focus Taiwan, this opening position reflects a positive start for the market, suggesting investor confidence

Taiwan Pushes for Deeper AI and Green Energy Ties with Japan

Taipei: Taiwan’s Economics Minister Kung Ming-hsin has called for enhanced cooperation with Japan in artificial intelligence, green energy, and national defense. The call comes as global supply chains strive to decrease their reliance on China. According to Focus Taiwan, Kung made these remarks at a Taiwan-Japan investment cooperation forum in

Taiwan Shares Rebound as Electronics Stocks Lead the Way

Taipei: Shares in Taiwan closed higher Tuesday in a technical rebound from the previous slump as bargain hunters focused on select large-cap tech stocks, ignoring losses in the United States overnight, dealers said. After falling 1.03 percent Monday, the Taiex, the Taiwan Stock Exchange’s (TWSE) benchmark index, ended up 221.74

Taiwan Shares Close Up 0.81% as Market Gains Traction

Taipei: Taiwan shares ended up 221.74 points, or 0.81 percent, at 27,564.27 Tuesday on turnover of NT$469.67 billion (US$14.94 billion). According to Focus Taiwan, the market experienced a positive movement with a significant increase in share value. The turnover for the day reached NT$469.67 billion, reflecting a strong trading activity

U.S. Dollar Lower in Taipei Trading

Taipei: The U.S. dollar was traded at NT$31.429 at 10 a.m. Tuesday on the Taipei Foreign Exchange, down NT$0.002 from the previous close. According to Focus Taiwan, the slight decrease in the value of the U.S. dollar against the New Taiwan dollar reflects ongoing fluctuations in the foreign exchange market.