Taipei: Taiwan’s foreign exchange reserves at the end of May moved higher for the second straight month, while foreign investors’ holdings in Taiwan-listed stocks, bonds, and Taiwan dollar deposits hit a new high of almost US$1.9 trillion, according t…
Taipei: Shares in Taiwan closed lower Friday after a volatile session as sentiment was hurt by heavy losses among tech stocks in the United States overnight, but financial stocks helped stabilize the market, dealers said. The Taiex, the Taiwan Stock E…
Taipei: Jensen Huang, founder and CEO of American AI chip designer Nvidia Corp., announced plans to enhance capacity between the second half of this year and the next to address anticipated strong demand. Before departing from Taipei’s Songshan Airpor…
Taipei: Taiwan shares ended down 606.52 points, or 1.33 percent, at 45,070.94 Friday on turnover of NT$1.23 trillion (US$38.70 billion).
According to Focus Taiwan, the decline in the market was observed as investors showed caution in their trading ac…
Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Friday reported its highest sales for May on the back of robust global demand for AI applications.
According to Focus Taiwan, the iPhone assembler, which has intensified AI d…
Taipei: Taiwan’s consumer price index (CPI) growth in May exceeded the 2 percent alert level established by the central bank, primarily due to an increase in crude oil prices amid military conflicts in the Middle East.
According to Focus Taiwan, th…
