Taiwan Stock Exchange Surges Past 33,000 Points on TSMC Gains
Taipei: Shares in Taiwan ended at the day’s high of 33,072.97 points Tuesday, as Taiwan Semiconductor Manufacturing Co. (TSMC) scored strong gains after its American depositary receipts (ADRs) closed at
Taiwan Shares Surge by 2.06%
Taipei: Taiwan shares ended up 668.35 points, or 2.06 percent, at 33,072.97 Tuesday on turnover of NT$656.51 billion (US$20.82 billion).
According to Focus Taiwan, the significant rise in the stock
Taiwanese Firms Must Diversify From China Despite Structural Limits: Experts
Taipei: Taiwanese firms are undertaking a long-term shift away from manufacturing in China, but experts warned Monday that Beijing’s political-economic system makes full independence from the mainland’s industrial ecosystem a
TSMC Approves US$44.96 Billion Budget Amid AI Boom
Taipei: Taiwan Semiconductor Manufacturing Co’s (TSMC) board of directors has approved a US$44.96 billion capital budget to bolster advanced and specialty technology capacity, upgrade advanced packaging, and fund fab construction.
Starlux Becomes First Taiwan Carrier to Operate A350-1000
Taoyuan: Starlux Airlines became the first carrier in Taiwan to operate Airbus’ next-generation long-haul A350-1000 aircraft with a maiden service from Taoyuan to Tokyo on Tuesday morning. Before the departure
Taiwan Allocates NT$30 Billion to Support Auto Industry Amid U.S. Tariff Agreement
Taipei: Taiwan’s Ministry of Economic Affairs (MOEA) has allocated NT$30 billion (US$950 million) to bolster Taiwan’s automobile industry in anticipation of tariff changes resulting from a Taiwan-U.S. trade agreement, Minister
U.S. Dollar Closed Lower on Taipei Forex Market
Taipei: The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.010 to close at NT$31.550.
According to Focus Taiwan, the turnover totaled US$1.338 billion during the trading session. The
Taiwan Freezes Fuel Prices for Lunar New Year to Stabilize Holiday Costs
Taipei: The Executive Yuan announced on Monday its decision to freeze gasoline and diesel prices from February 16 to 23 to stabilize costs during Taiwan’s Lunar New Year holiday. Natural