Industry

Taiex Swings 1,757 Points on Record Turnover, Ends Lower

Taipei: Shares in Taiwan fluctuated sharply Thursday, with the benchmark index swinging more than 1,700 points before closing lower, as profit-taking set in after the market hit a fresh intraday high. The Taiex, the Taiwan Stock Exchange’s (TWSE) main…

FTC Awaits Documents for Grab’s US$600M Foodpanda Acquisition

Taipei: Singapore-based ride-hailing and delivery giant Grab Holdings planned acquisition of foodpanda’s Taiwan operations has yet to enter the formal review stage, as regulators await supplementary documents, Taiwan’s Fair Trade Commission (FTC) said…

Taiwan Stock Market Closes Lower by 0.43%

Taipei: Taiwan shares ended down 164.32 points, or 0.43 percent, at 37,714.15 Thursday on turnover of NT$1.4 trillion (US$44.37 billion).

According to Focus Taiwan, the Taiwanese stock market experienced a decline, closing the session with a decreas…

TSMC Unveils A13 Process at North American Forum

Santa clara: Taiwan Semiconductor Manufacturing Co. (TSMC) on Wednesday unveiled its next-generation A13 process at its North America Technology Symposium in California, saying that it was targeting volume production in 2029. The new A13 process is ai…

Plastic Bag Supply Stabilizes After Initial Price Hike: Official

Taipei: The supply of plastic bags is now stable nationwide after the war in the Middle East briefly caused prices to spike and the government asked petrochemical companies to increase production of key materials, an official said Thursday.

Accordin…