Industry

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

Taipei:The U.S. dollar fell against the Taiwan dollar on Wednesday, closing at NT$32.073, a decrease of NT$0.012.

According to Focus Taiwan, the trading session saw a total turnover of US$2.224 billion. The U.S. dollar began the day at NT$32.100 and…

Taiwan Stock Market Declines by 0.82%

Taipei:Taiwan shares concluded the trading session down by 392.64 points, a decrease of 0.82 percent, settling at 47,631.96.

According to Focus Taiwan, the day’s turnover was NT$785.04 billion, equivalent to US$24.68 billion.

Taiwan Shares Drop Amid Rising U.S. Treasury Yields and Oil Prices

Taipei:Shares in Taiwan ended lower on Tuesday as concerns over rising U.S. Treasury yields and international crude oil prices suggested a possible interest rate hike by the Federal Reserve to control inflation.

According to Focus Taiwan, the Taiex,…

Taiwan’s Economy Continues Strong Growth for Ninth Month

Taipei:Taiwan’s economy sustained its strong momentum in August, with an index measuring economic conditions showing a “red” light, indicating a booming economy. This marks the ninth consecutive month of such performance, driven by strong exports and …