Industry

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 Airlines to Increase Cargo Fuel Surcharges in May

Taipei: Taiwan’s major airlines are set to increase their cargo fuel surcharges starting in May, with rates for shipments to key destinations such as the United States, Europe, and Asia expected to nearly double due to rising oil prices. China Airline…

Taiwan Shares Close Up 1.75% on Strong Turnover

Taipei: Taiwan shares ended up 646.31 points, or 1.75 percent, at 37,605.11 Tuesday on turnover of NT$981.53 billion (US$30.92 billion).

According to Focus Taiwan, the market experienced a notable increase as investors engaged in significant trading…

Taiwan Shares Surge to Record High Driven by AI-Related Stocks

Taipei: Shares in Taiwan closed at another record high Tuesday after tech stocks soared amid continued optimism over the development of artificial intelligence infrastructure and applications around the world, analysts said. The Taiex, the Taiwan Stoc…

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…