Industry

Taiwan Shares Open Lower as Index Drops

Taipei: The Taiwan Stock Exchange’s main index opened down 85.73 points at 25,543.91 on Wednesday. The opening turnover was reported at NT$6.08 billion, equivalent to US$202.3 million.

According to Focus Taiwan, this decline in the index reflects mar…

Taiwan Shares Close Down 0.75%

Taipei: Taiwan shares ended down 191.39 points, or 0.75 percent, at 25,438.25 Wednesday on turnover of NT$428.36 billion (US$14.24 billion).

According to Focus Taiwan, the decline reflects movements within the stock market that have impacted invest…

KMT Lawmakers Advocate 2-Round Presidential Voting System by 2028

Taipei: Lawmakers from the Kuomintang (KMT), Taiwan’s main opposition party, on Wednesday proposed constitutional and legal changes to create a two-round absolute majority system for choosing Taiwan’s president in time for the 2028 election. KMT Lawma…