Taipei: Taiwan shares ended down 176 points, or 0.66 percent, at 26,580.12 Wednesday on turnover of NT$494.34 billion (US$15.84 billion). According to Focus Taiwan, the market experienced a decline, with the benchmark index falling amid varied trading activities. The dip in the market reflects investor sentiment and trading behaviors observed

Hualien city: One man was killed and three others were injured in a fire that broke out in a three-story apartment building in Hualien City late Tuesday, according to the Hualien County Fire Bureau. Firefighters reported that four tenants were removed from the building, which consists entirely of rental units

Washington: The United States government has granted Raytheon Co. a contract worth US$698.94 million to produce equipment for the National Advanced Surface-to-Air Missile Systems (NASAMS) ordered by Taiwan. The production of “NASAMS fire units” is set to occur in Tewksbury, Massachusetts, with an expected completion date of February 28, 2031,

Taipei: The U.S. dollar was traded at NT$31.240 at Wednesday’s morning close on the Taipei Foreign Exchange, up NT$0.023 from the previous close. According to Focus Taiwan, this increase in the U.S. dollar’s value represents a shift in the exchange rate dynamics observed in the Taipei market. The movement is

Taipei: Prosecutors have launched an investigation into allegations that a former executive of Taiwan Semiconductor Manufacturing Co. (TSMC) stole the chipmaker’s secrets related to its advanced processes and transferred them to a foreign entity. The Taiwan High Prosecutors Office stated that its Intellectual Property Branch has initiated the probe into

Taipei: The Taiwan High Court has granted prosecutors’ request to detain six retired and active Taiwanese military personnel along with a Chinese man, who have been indicted for allegedly leaking military secrets to China. According to Focus Taiwan, the court’s decision, announced on Tuesday night, can be appealed. The seven