Industry

Taiex Soars to 2-Month Closing High on Nvidia-MediaTek Deal

Taipei: Shares in Taiwan moved sharply higher to end at their highest for two months as investors chased prices in the semiconductor industry due to Nvidia Corp’s plan to invest in MediaTek Inc., dealers said. The Taiex, the Taiwan Stock Exchange’s be…

Taiwan Shares Close Up 1.78% on Significant Turnover

Taipei: Taiwan shares ended up 820.25 points, or 1.78 percent, at 46,948.72 Tuesday on turnover of NT$1.08 trillion (US$34.10 billion).

According to Focus Taiwan, the significant increase in Taiwan’s stock market indicates a positive trend, reflecti…