Industry

Taiwan Shares Close Down 1.45%

Taipei: Taiwan shares ended down 472.52 points, or 1.45 percent, at 32,063.75 Friday on turnover of NT$907.11 billion (US$28.88 billion).

According to Focus Taiwan, the decline in the stock market was observed at the close of trading. The turnover f…

No Need for Taiwan to Choose Between U.S. and China, Says KMT Chair

Taipei: There is no need for Taiwan to “pick a side” between the United States and China, opposition Kuomintang (KMT) Chairwoman Cheng Li-wun stated, emphasizing that while the United States is considered a friend, China is regarded as “family.”

Acc…

Taiwan Shares Open Higher on Thursday

Taipei: The Taiwan Stock Exchange’s main index opened up 24.2 points at 32,828.02 Thursday on turnover of NT$11.25 billion (US$359.5 million).

According to Focus Taiwan, the positive opening indicates a favorable investor sentiment as trading commenc…

German Investment in Taiwan Surges 264 Percent Year-on-Year

Taipei: Approved German direct investment in Taiwan last year marked a 264 percent year-on-year increase to US$209 million, indicating German businesses see Taiwan as the most important strategic hub for technology development in the Asia Pacific, Ger…