Industry

U.S. Dollar Lower in Taipei Trading

Taipei: The U.S. dollar was traded at NT$31.411 at 10 a.m. Wednesday on the Taipei Foreign Exchange, marking a decrease of NT$0.024 from the previous close. According to Focus Taiwan, this decrease in the U.S. dollar’s value is indicative of recent trends in foreign exchange markets. Market participants have been

Taiwan Stock Exchange Opens with Gains as Main Index Rises

Taipei: The Taiwan Stock Exchange’s main index opened higher on Wednesday, registering an increase of 41.36 points to reach 27,605.63. The opening turnover was noted at NT$4.585 billion, equivalent to approximately US$140 million. According to Focus Taiwan, this opening position reflects a positive start for the market, suggesting investor confidence

U.S. Dollar Lower in Taipei Trading

Taipei: The U.S. dollar was traded at NT$31.429 at 10 a.m. Tuesday on the Taipei Foreign Exchange, down NT$0.002 from the previous close. According to Focus Taiwan, the slight decrease in the value of the U.S. dollar against the New Taiwan dollar reflects ongoing fluctuations in the foreign exchange market.

Taiwan to Open Tourism Office in Indonesia to Boost Muslim-Friendly Travel

Jakarta: Taiwan is stepping up efforts to attract Muslim travelers, particularly from Indonesia, with plans to open a tourism office in Jakarta next year as the country seeks to tap into one of the world’s fastest-growing outbound travel markets. Lin Hsin-jen, Taiwan’s deputy representative in Indonesia, described Indonesia as a

Prosecutors Seek NT$120M Fine Against Tokyo Electron Taiwan in TSMC Case

Taipei: Taiwan’s prosecutors on Tuesday indicted Tokyo Electron Taiwan Ltd., a subsidiary of Japan-based chip equipment supplier Tokyo Electron Ltd., over the alleged theft of Taiwan Semiconductor Manufacturing Co.’s (TSMC) 2-nanometer (2nm) technologies, and are seeking a fine of NT$120 million (US$3.82 million). According to Focus Taiwan, the case involves

Taiwan Pushes for Deeper AI and Green Energy Ties with Japan

Taipei: Taiwan’s Economics Minister Kung Ming-hsin has called for enhanced cooperation with Japan in artificial intelligence, green energy, and national defense. The call comes as global supply chains strive to decrease their reliance on China. According to Focus Taiwan, Kung made these remarks at a Taiwan-Japan investment cooperation forum in