Industry

Taiwan Shares Open Lower with 99.16 Point Drop

Taipei: The Taiwan Stock Exchange’s main index opened down 99.16 points at 32,419.0 on Tuesday. The opening turnover was reported at NT$9.32 billion (US$288.40 million).

According to Focus Taiwan, the market’s opening indicated a decrease in investor…

Taiwan Shares Close Down 1.8%

Taipei: Taiwan shares ended down 594.43 points, or 1.8 percent, at 32,518.16 Monday on turnover of NT$646.62 billion (US$20.04 billion).

According to Focus Taiwan, the decline indicates a significant shift in the market dynamics, affecting investor …

V5 Technology Shares Soar Over 100% on Debut Despite Taiex Plunge

Taipei: Shares of V5 Technologies Co. surged more than 100 percent on the local main board Monday, when the semiconductor inspection equipment maker made its debut, bucking the volatility of the Taiex, which tumbled over 500 points on the escalating w…

Grab Seeks Taiwan Approval for US$600 Million Foodpanda Deal

Singapore: Singapore-based ride-hailing and delivery giant Grab Holdings Ltd. has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero’s foodpanda in a deal valued at about US$600 million. Grab said in a stat…

Taiwan Shares Plunge as Crude Oil Prices Surge

Taipei: Shares in Taiwan moved sharply lower Monday as a spike in crude oil prices led investors to trim their holdings of large-cap stocks, particularly those in the electronics sector, analysts said. The Taiex, the Taiwan Stock Exchange’s benchmark …