Industry

TSMC Shares Rally Back to Ex-Dividend Level Within Minutes

Taipei: Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) returned to their prior ex-dividend level within 27 minutes of the local market opening Wednesday, the stock’s ex-dividend date. Shares of the world’s largest contract chipmaker, which ac…

Deal with CTBC Subsidiary for Domed Stadium Close: Taichung Mayor

Taichung: CTBC Financial Holding Co. subsidiary Taiwan Life Insurance Co. is expected to sign a NT$60 billion (US$1.89 billion) build-operate-transfer (BOT) contract with Taichung for a 45,000-seat domed baseball stadium in October, Mayor Lu Shiow-yen…

Meta Launches Meta One Subscription Service in Taiwan

Taipei: Meta Platforms Inc. announced Tuesday the official launch of Meta One in Taiwan, a subscription service bundling premium features, artificial intelligence (AI) usage quotas, and advanced creative tools across Instagram, Facebook, and WhatsApp….

Taiwan Shares Close Lower as Tech Stocks Fall on AI Concerns

Taipei: Shares in Taiwan closed lower Tuesday, led by the electronics sector amid worries over AI development after the heads of three U.S. AI giants-Anthropic, OpenAI, and xAI-warned of risks and called for a slowdown in development, dealers said. Af…