Industry

No Need for Taiwan to Choose Between U.S. and China, Says KMT Chair

Taipei: There is no need for Taiwan to “pick a side” between the United States and China, opposition Kuomintang (KMT) Chairwoman Cheng Li-wun stated, emphasizing that while the United States is considered a friend, China is regarded as “family.”

Acc…

Taiwan Shares Open Higher on Thursday

Taipei: The Taiwan Stock Exchange’s main index opened up 158.47 points at 45,676.54 Thursday on turnover of NT$15.49 billion (US$480.90 million).

According to Focus Taiwan, this positive opening reflects a rise in investor confidence. The substantial…

German Investment in Taiwan Surges 264 Percent Year-on-Year

Taipei: Approved German direct investment in Taiwan last year marked a 264 percent year-on-year increase to US$209 million, indicating German businesses see Taiwan as the most important strategic hub for technology development in the Asia Pacific, Ger…

Taiex Reaches New Heights as TSMC Shares Hit Record Levels

Taipei: Shares in Taiwan reached an unprecedented high on Wednesday as Taiwan Semiconductor Manufacturing Co. (TSMC) concluded the day at a new peak, driven by optimism surrounding U.S. tech earnings, dealers noted. The Taiex, the Taiwan Stock Exchang…