Industry

Taiwan Shares Hit New High Amid Middle East Tensions

Taipei: Shares in Taiwan closed at a fresh high on Wednesday, despite uncertainties arising from military conflicts in the Middle East, as strong buying in the electronics sector continued in response to robust global demand, dealers said. The Taiex, …

Taiwan Shares Close Up 0.73% as Market Sees Gains

Taipei: Taiwan shares ended up 273.36 points, or 0.73 percent, at 37,878.47 Wednesday on turnover of NT$946.03 billion (US$29.77 billion).

According to Focus Taiwan, the stock market in Taiwan experienced an uplift as it closed higher on Wednesday. …

Google Secures Approval for NT$27 Billion Investment in Taiwan

Taipei: The Ministry of Economic Affairs has approved two applications from U.S.-based tech giant Google to invest an additional NT$27 billion (US$857 million) in Taiwan to expand its data processing and semiconductor-related businesses.

According …

Taiwan Stock Exchange Main Index Sees Opening Surge

Taipei: The Taiwan Stock Exchange’s main index opened Tuesday with a significant increase, climbing 92.45 points to reach 37,051.25. The turnover for the morning session was reported at NT$11.25 billion, equivalent to US$357 million.

According to Fo…

Taiwan’s March Export Orders Hit Record High on AI Demand

Taipei: Taiwan’s export orders rose to a record high in March, driven by strong global demand for artificial intelligence (AI) applications, the Ministry of Economic Affairs (MOEA) said Tuesday. Export orders totaled US$91.12 billion, up 65.9 percent …