Industry

Taiwan Stock Exchange Index Opens Lower with 66.66-Point Drop

Taipei: The Taiwan Stock Exchange’s main index began the trading session on a downward trajectory, opening down by 66.66 points to stand at 46,188.60. The early turnover amounted to NT$10.95 billion, equivalent to approximately US$340.52 million.

Ac…

Taiwan Business Sentiment Rises Across Major Sectors in May

Taipei: Business sentiment in Taiwan’s manufacturing, service, and construction sectors improved in May, driven by strong artificial intelligence demand, the Taiwan Institute of Economic Research (TIER) said Thursday.

According to Focus Taiwan, at a…

CUB Founder Assaults Bank Chairman Over ‘Misunderstanding’

Taipei: Following reports of a physical altercation between Cathay United Bank (CUB) founder Tsai Chen-yu and bank Chairman Kuo Ming-jian, the bank on Wednesday attributed the incident to a “misunderstanding” about Kuo’s multiple positions outside the…