Industry

Torrential Rain Alerts Issued for Taipei and New Taipei

Taipei: The Central Weather Administration (CWA) on Monday placed Taipei and New Taipei in northern Taiwan under extremely heavy rain or torrential rain advisories, warning of intense rainfall throughout the day. The CWA defines “extremely heavy rain” as accumulated rainfall of 200 millimeters or more within 24 hours, or 100

Taiwan Railway’s Pingxi Line Suspended Due to Severe Weather

Taipei: Train service on the Pingxi Line in New Taipei was suspended Monday due to heavy rain in the mountains, Taiwan Railway Corp. Ltd. announced. The provisional measure was adopted for safety reasons, the state-run railway operator said on its official website, adding that bus services have been arranged as

U.S. Dollar Down in Taipei Trading

Taipei: The U.S. dollar was traded at NT$30.656 at 10 a.m. Monday on the Taipei Foreign Exchange, down NT$0.030 from the previous close. According to Focus Taiwan, the decrease in the exchange rate marks a shift in trading dynamics on the Taipei Foreign Exchange. The change in value reflects ongoing

Taiwan Shares Open Higher with Significant Gain

Taipei: The Taiwan Stock Exchange’s main index opened up 178.07 points at 27,480.44 Monday on turnover of NT$8.66 billion (US$282.59 million). According to Focus Taiwan, the stock market’s positive opening signals a robust start, highlighting investor interest and market activity. The turnover, amounting to NT$8.66 billion, underscores the volume of

Taiwan Shares Close Up 1.36%

Taipei: Taiwan shares ended up 372.16 points, or 1.36 percent, at 27,647.87 Thursday on turnover of NT$546.56 billion (US$17.83 billion). According to Focus Taiwan, the market saw a significant increase in trading activity, resulting in a rise in the index. The turnover for the day was noted at NT$546.56 billion,