Industry

U.S. Dollar Lower in Taipei Trading

Taipei: The U.S. dollar was traded at NT$30.004 at 10 a.m. Wednesday on the Taipei Foreign Exchange, down NT$0.097 from the previous close.

According to Focus Taiwan, the decrease in the value of the U.S. dollar reflects ongoing fluctuations in the…

Taiwan Shares Open Lower as Index Drops

Taipei: The Taiwan Stock Exchange’s main index opened down 85.73 points at 25,543.91 on Wednesday. The opening turnover was reported at NT$6.08 billion, equivalent to US$202.3 million.

According to Focus Taiwan, this decline in the index reflects mar…

Taiwan Shares Close Down 0.75%

Taipei: Taiwan shares ended down 191.39 points, or 0.75 percent, at 25,438.25 Wednesday on turnover of NT$428.36 billion (US$14.24 billion).

According to Focus Taiwan, the decline reflects movements within the stock market that have impacted invest…

KMT Lawmakers Advocate 2-Round Presidential Voting System by 2028

Taipei: Lawmakers from the Kuomintang (KMT), Taiwan’s main opposition party, on Wednesday proposed constitutional and legal changes to create a two-round absolute majority system for choosing Taiwan’s president in time for the 2028 election. KMT Lawma…