Industry

U.S. Dollar Closes Sharply Higher on Taipei Forex

Taipei: The U.S. dollar rose sharply against the Taiwan dollar Wednesday, gaining NT$0.126 to close at NT$31.751.

According to Focus Taiwan, turnover totaled US$3.372 billion during the trading session. The greenback opened at the day’s low of NT$31…

FSC Closely Monitors Growing Personal Loans Amid Equity Boom

Taipei: The Financial Supervisory Commission (FSC), Taiwan’s top financial regulator, is closely watching expanding personal credit as more retail investors borrow money to invest in the stock market and tap the current equity boom. Speaking with repo…

Taiwan Shares Close Down 2.24%

Taipei: Taiwan shares ended down 1,057.05 points, or 2.24 percent, at 46,043.6 Wednesday on turnover of NT$1.45 trillion (US$45.44 billion).

According to Focus Taiwan, the market experienced a significant drop, reflecting a broader trend in market se…

UBS Raises Taiwan’s GDP Growth Forecast to 9.9% for 2026

Taipei: Switzerland-based banking group UBS has raised its forecast for Taiwan’s 2026 gross domestic product (GDP) growth to 9.9 percent, up from an earlier estimate of 8 percent made in April.

According to Focus Taiwan, William Deng, a UBS senior e…

Taiwan Game Software Revenue Surges by 48.7% in Five Years

Taipei: Taiwan’s game software industry generated NT$71 billion (US$2.24 billion) in revenue in 2025, marking a 48.7 percent increase from five years earlier. This growth has been driven by the rising demand for digital entertainment and the stay-at-h…