Industry

Taiex Posts Significant Surge Following U.S.-Iran Truce

Taipei: Shares in Taiwan experienced a substantial surge, climbing over 1,500 points, marking the second-largest single-day point gain in the nation’s history. This increase followed an agreement by U.S. President Donald Trump to a two-week truce with…

Starlux to Launch Direct Flights from Taipei to Bali in October

Taipei: Starlux Airlines announced Wednesday that it will launch direct flights between Taipei and the Indonesian island of Bali starting Oct. 1, with tickets now on sale. The Taiwan-based carrier said in a press release that the route will be operate…

FTC Approves E. Sun Financial’s Acquisition of Mercuries Life

Taipei: Taiwan’s Fair Trade Commission (FTC) announced Wednesday that it has approved the acquisition of Mercuries Life Insurance Co. by E. Sun Financial Holding Co. The commission determined that the transaction does not pose a risk of restricting co…