Industry

Taiwan Shares Plunge 1,494 Points Amid Middle East Conflict

Taipei: Taiwan’s benchmark index plunged 1,494.77 points Wednesday, marking the third-largest single-day point drop in history, as escalating tensions in the Middle East triggered heavy selling across the board.

According to Focus Taiwan, the Taiex,…

Taiwan Shares Close Down 4.35%

Taipei: Taiwan shares ended down 1494.77 points, or 4.35 percent, at 32,828.88 Wednesday on turnover of NT$1.033 trillion (US$32.5 billion).

According to Focus Taiwan, the significant drop in the stock market reflects concerns among investors, impa…

Taiex Plummets Over 770 Points Amid Middle East Conflict

Taipei: Shares in Taiwan took a significant hit, diving more than 770 points Tuesday, as a result of a sell-off triggered by the ongoing military conflict in the Middle East. This unrest has led to a surge in international crude oil prices, affecting …

Record Gains Boost Taiwan Labor Pension Fund Payouts

Taipei: A majority of people enrolled in the new Labor Pension Fund received a boost of over NT$20,000 (US$633.18) to their pensions following the distribution of record gains made from the fund’s investment on Tuesday, according to the Bureau of Labo…