Industry

Sharp Rise of Taiwan Dollar Hits Life Insurance Sector Hard

Taipei: The lead story in major Taiwan dailies highlights the significant impact on the life insurance sector due to a sharp rise in the Taiwan dollar.

According to Focus Taiwan, this sharp increase in the currency’s value has posed challenges for …

Taiwan Shares Open Higher with Early Gains

Taipei: The Taiwan Stock Exchange’s main index saw an increase as it opened up 51.40 points, reaching 20,839.04. The initial turnover for the day amounted to NT$6.82 billion, which is approximately US$220.64 million.

According to Focus Taiwan, the ma…

Taiwan Shares Close Down 1.23%

Taipei: Taiwan shares ended down 254.65 points, or 1.23 percent, at 20,532.99 Monday on turnover of NT$387.02 billion (US$12.92 billion).

According to Focus Taiwan, the decline in Taiwan’s stock market reflects a significant movement in the financia…