Taipei:The boards of four state-controlled banks have approved a merger of their securities investment trust subsidiaries, with First Financial Holding Co. (First FHC) set to become the majority shareholder of the combined entity.
According to Focus…
Taipei:Taiwan’s stock market saw a positive opening as the main index of the Taiwan Stock Exchange rose by 54.98 points, reaching 46,942.75 on Thursday.
According to Focus Taiwan, the turnover for the market at the opening amounted to NT$8.48 billio…
Taipei:Taiwanese chip design conglomerate Egis Group has signed strategic partnership and investment agreements with French processor designer SiPearl. This collaboration aims to develop a platform that integrates specialized chips from diverse suppli…
Taoyuan:Eleven union officials at Micron Technology Inc.’s Taoyuan facility initiated a 24-hour symbolic strike on Thursday. The action was in response to the company’s lack of a concrete profit-sharing proposal and dissatisfaction with an agreement m…
Taipei:Rising natural gas prices due to ongoing tensions in the Middle East are projected to significantly impact Taiwan Power Co. (Taipower), with fuel costs anticipated to increase by NT$160 billion (US$4.92 billion) this year, as announced by the s…
Taipei:Taiwan shares experienced a significant decline, closing down by 1.81%, equivalent to a drop of 846.34 points, reaching a final position at 46,041.43 on Thursday. The day’s trading saw a substantial turnover amounting to NT$879.23 billion (US$2…
