Industry

U.S. Dollar Gains Against Taiwan Dollar in Taipei Forex Market

Taipei:The U.S. dollar appreciated against the Taiwan dollar on Thursday, closing at NT$31.875 with an increase of NT$0.080.

According to Focus Taiwan, the trading session saw a turnover totaling US$2.503 billion.

The greenback opened at NT$31.820…

Taiwan Stock Market Closes Lower by 0.99%

Sanaa:Taiwan shares concluded the trading session down 492.93 points, or 0.99 percent, at 49,313.44 on Thursday.

According to Focus Taiwan, the turnover for the day was NT$869.70 billion, equivalent to US$27.29 billion.

Taiwan Stock Market Opens Higher with Gain in Main Index

Taipei:The Taiwan Stock Exchange’s main index saw an increase as it opened up by 34.77 points, reaching 49,857.32 on Wednesday.

According to Focus Taiwan, the turnover for this opening was NT$8.69 billion, equivalent to US$273.14 million.

Gudeng Precision Launches Operations at New Arizona Plant

Taipei:Taiwan-based Gudeng Precision Industrial Co. has commenced operations at its new plant in Arizona. This development follows the establishment of a production base in the U.S. state by Taiwan Semiconductor Manufacturing Co. (TSMC).

According t…

Taiwan Stock Market Sees Slight Decline

Taipei:Taiwan shares ended down 16.18 points, or 0.03 percent, at 49,806.37 on Wednesday with a turnover of NT$925.99 billion (US$29.12 billion).

According to Focus Taiwan, the market saw this minor decline amid the day’s trading activities.