Industry

Taiwan shares close down 1.38%

Taiwan shares closed down 252.2 points, or 1.38 percent, at 17,969.29 Tuesday on turnover of NT$336.51 billion (US$12.08 billion).Source: Focus Taiwan News Channel

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U.S. dollar closes higher on Taipei forex market

The U.S. dollar rose against the Taiwan dollar Tuesday, gaining NT$0.050 to close at NT$27.880.Turnover totaled US$1.104 billion during the trading session.The greenback opened at NT$27.880, and moved between NT$27.843 and NT$27.887 before the close.So…

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Keelung MRT plan finalized, to cost estimated NT$42.5 billion

The government has finalized a plan to build a mass rapid transit (MRT) line in Keelung that connects the northern city with New Taipei and Taipei, Premier Su Tseng-chang (???) said Tuesday.The project was initially conceived as a light-rail line that …

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Taiwan shares close down 0.2%

Taiwan shares closed down 36.22 points, or 0.2 percent, at 18,232.35 Friday on turnover of NT$302.89 billion (US$10.86 billion).Source: Focus Taiwan News Channel

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Dreamers standout Hicks back in Taiwan for unfinished business

American Stephan Hicks, who was instrumental in the Taishin Formosa Dreamers run to the finals of Taiwan’s pro basketball P. LEAGUE+ last season, is back in Taiwan for unfinished business.The 29-year-old 198-cm swingman averaged 22.5 points, 12.3 rebou…

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Taiwan reaches highest category in global economic freedom index

Taiwan has been ranked in the Index of Economic Freedom’s top “Free” category for the first time and was one of only seven countries to reach the top echelon, according to the 2022 index released by the Heritage Foundation on Monday.With a score of 80….

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Taiwan shares close down 1.71%

Taiwan shares closed down 313.27 points, or 1.71 percent, at 17,997.67 Monday on turnover of NT$259.44 billion (US$9.30 billion).Source: Focus Taiwan News Channel

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