Industry

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 …

Taiwan Stock Exchange Experiences Early Decline

Taipei:The Taiwan Stock Exchange’s main index began Tuesday’s trading session with a decrease, dropping 150.71 points to 47,873.89.

According to Focus Taiwan, the initial turnover for the day was NT$13.63 billion, equivalent to approximately US$42…

Five Win NT$10 Million in Taiwan’s Uniform Invoice Lottery

Taipei:Five customers who shopped at 7-Eleven stores across Taiwan have won the NT$10 million (US$318,123) special prize in the July-August uniform invoice lottery. One of the winners spent just NT$27 on photocopying.

According to Focus Taiwan, the …

U.S. Dollar Sees Slight Increase in Taipei Trading

Taipei:The U.S. dollar was trading at NT$31.794 at 10 a.m. Tuesday on the Taipei Foreign Exchange, marking an increase of NT$0.014 from the previous close.

According to Focus Taiwan, the trading session showed a small rise in the U.S. dollar’s val…

U.S. Dollar Declines in Taipei Exchange

Taipei:The U.S. dollar was traded at NT$31.689 at 10 a.m. Wednesday on the Taipei Foreign Exchange, marking a decrease of NT$0.019 from the previous close.

According to Focus Taiwan, the currency experienced this dip during the morning trading sessi…