Industry

Mercury in Southern Taiwan Forecast to Hit 32°C Wednesday

Taipei: Daytime temperatures could hit as high as 32 degrees Celsius in southern Taiwan on Wednesday as partly cloudy to sunny skies prevail, according to the Central Weather Administration (CWA). In contrast with cooler weather conditions in the north amid sporadic rain, the CWA said daytime highs in Kaohsiung City

U.S. Dollar Higher in Taipei Trading

Taipei: The U.S. dollar was traded at NT$30.986 at 10 a.m. Wednesday on the Taipei Foreign Exchange, up NT$0.080 from the previous close. According to Focus Taiwan, the increase in the U.S. dollar’s value came amidst ongoing market activities in the region. The trading session observed this upward adjustment from

Taiwan Shares Plunge 2% Early on Wednesday, Driven by TSMC Decline

Taipei: Shares in Taiwan moved sharply lower early Wednesday morning, led down by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), after heavy tech stock losses in the United States overnight amid worries over an artificial intelligence bubble. As of 9:45 a.m., the Taiex, the Taiwan Stock Exchange’s weighted index, had

Taiwan Shares Open Sharply Lower

Taipei: The Taiwan Stock Exchange’s main index experienced a significant drop as it opened down 330.65 points at 27,785.91. This notable decline was recorded on Wednesday with a turnover of NT$13.98 billion (US$452 million). According to Focus Taiwan, this sharp decrease reflects investor sentiments and market dynamics that have influenced

China Knows ‘Consequences’ of Any Attack on Taiwan: Trump

Taipei: U.S. President Donald Trump stated on Sunday that China would refrain from taking military action against Taiwan during his presidency, as Chinese leaders “know the consequences.” According to Focus Taiwan, Trump made this remark during an interview on the CBS program 60 Minutes, which aired Sunday. The statement came