Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) has announced an increase in its cash dividend to NT$6 (US$0.19) per share for its third-quarter earnings, a decision that analysts view as an effort to enhance the attractiveness of its shares. The world’s largest contract chipmaker stated that its board of directors approved

Taipei: Taiwan’s two major rail operators, Taiwan Railway Corp. and Taiwan High Speed Rail Corp. (THSRC), have announced significant schedule adjustments as Tropical Storm Fung-Wong brought heavy rain to northeastern Taiwan. According to Focus Taiwan, the THSRC has implemented changes starting from 6 a.m. Wednesday, reducing the frequency to three

Taipei: The U.S. dollar was traded at NT$31.047 at 10 a.m. Wednesday on the Taipei Foreign Exchange, experiencing a slight decrease of NT$0.005 from the previous close. According to Focus Taiwan, this minor fluctuation in the exchange rate is part of the ongoing trading activities observed in the Taipei Foreign

Kaohsiung: Tropical Storm Fung-Wong continues to weaken as its path shifts southward, but it will still pose a serious threat to southern Taiwan Wednesday and bring heavy rain to central and southern Taiwan later in the day, the Central Weather Administration (CWA) said. The eye of the storm is expected

Taipei: The Taiwan Stock Exchange’s main index experienced an uptick as it opened 68.52 points higher at 27,853.47. The opening session recorded a turnover of NT$8.94 billion, equivalent to approximately US$288 million. According to Focus Taiwan, the upward movement in the index indicates positive investor sentiment in the market. The

Kinmen: Ferry services between Taiwan’s outlying Kinmen County and China were suspended Monday as a precautionary measure ahead of the expected effects of Typhoon Fung-Wong, according to the Kinmen Harbor Bureau. According to Focus Taiwan, on its Facebook page, the bureau announced that ferry services between Kinmen and the Chinese