Industry

Taiwan’s Inflation Rate Sees Notable Increase in February

Taipei: Inflation in Taiwan rose 1.75 percent in February, and is expected to remain below the 2 percent warning threshold in March, despite rising oil prices driven by the war in the Middle East, an official said Friday.

According to Focus Taiwan, …

U.S. Dollar Closes Lower On Taipei Forex Market

Taipei: The U.S. dollar fell against the Taiwan dollar on Friday, shedding NT$0.005 to close at NT$31.678.

According to Focus Taiwan, turnover during the trading session totaled US$1.395 billion. The greenback opened at NT$31.740 and moved between …

Taiwan Shares End Lower by 0.22%

Taipei: Taiwan shares ended down 73.40 points, or 0.22 percent, at 33,599.54 Friday on turnover of NT$631.11 billion (US$19.95 billion).

According to Focus Taiwan, the market witnessed a decline as trading concluded for the week. The turnover recor…

Hon Hai Reports Record February Sales Driven by AI Demand

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Thursday reported its highest-ever sales in the month of February, a result backed by the ongoing artificial intelligence boom. Despite fewer working days in February than usua…