Industry

Taiwan shares close down 1.75%

Taiwan shares closed down 318.98 points, or 1.75 percent, at 17,899.30 Friday on turnover of NT$304.17 billion (US$10.98 billion).   Source: Focus Taiwan News Channel

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Taiwan’s export orders hit new high in 2021

Taiwan’s export orders reached a new high in 2021, driven by sustained global demand for electronic components and information and communications devices, the Ministry of Economic Affairs (MOEA) said Thursday.   According to MOEA data, the country’s export orders grew by 26.3 percent from 2020 to US$674.13 billion last year,

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Taiwan shares under heavy pressure after U.S. plunge

Shares in Taiwan came under heavy pressure Wednesday with selling sparked by steep losses on U.S. markets overnight after a spike in the benchmark 10-year treasury yield, indicating fears over higher interest rates, dealers said.The higher U.S. treasur…

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Largan’s earnings dip to 8-year low in 2021

Largan Precision Co., a supplier of smartphone camera lenses to Apple Inc., reported its lowest earnings in eight years for 2021, with market analysts attributing the decline to escalating market competition.At an investor conference, Largan said its n…

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Japan, Singapore vow to keep TPP free trade pact’s high standards

Published by Kyodo News Trade ministers of Japan and Singapore on Wednesday pledged to maintain the high standards of market access and rules of the Trans-Pacific Partnership free trade deal, which China and Taiwan made a bid to join last year, Japan’s government said. In a joint statement, Japanese trade

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