Industry

Taiex Suffers Third Steepest Point Drop Amid AI Spending Concerns

Taipei: Shares in Taiwan posted the third largest single-session point decline Tuesday as tech stocks took a beating amid lingering concerns over massive spending on AI development that may not deliver comparable returns, dealers said. The Taiex, the …

TSMC’s Japan Fab Evacuates Staff After Strong Earthquake

Taipei: Taiwan Semiconductor Manufacturing Co.’s (TSMC) subsidiary, Japan Advanced Semiconductor Manufacturing Inc. (JASM), located in Kumamoto Prefecture, Japan, evacuated its employees after a powerful earthquake struck the region Tuesday afternoon,…

Taiwan Shares Close Down 4.65%

Taipei: Taiwan shares ended down 2,030.83 points, or 4.65 percent, at 41,603.36 Tuesday on turnover of NT$809.48 billion (US$25.04 billion).

According to Focus Taiwan, the significant drop in the stock market has been a point of concern for investor…

Direct Hualien-Incheon Flights to Be Suspended at End of July

Taipei: Routine direct flights between Hualien and South Korea’s Incheon International Airport will be suspended at the end of July, the Hualien County Tourism Department said Monday.

According to Focus Taiwan, Yu Ming-hsun, head of the department, s…