Industry

U.S. Dollar Closed Sharply Higher on Taipei Forex Market

Taipei: The U.S. dollar rose sharply against the Taiwan dollar Monday, gaining NT$0.117 to close at NT$29.048. Turnover totaled US$981 million during the trading session.

According to Focus Taiwan, the greenback opened at the day’s low of NT$28.950 …

Taiwan Shares Close Down 0.53%

Taipei: Taiwan shares ended down 118.78 points, or 0.53 percent, at 22,428.72 Monday on turnover of NT$260 billion (US$8.96 billion).

According to Focus Taiwan, the decline in Taiwan’s stock market reflects investor sentiment amid ongoing economic …