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January 22, 2025

Taiex Soars 30% in Year of the Dragon; TSMC Surges Over 75%

Taipei: The Taiex ended the Year of the Dragon on Wednesday up about 30 percent, led by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC). The Taiex, the Taiwan Stock Exchange’s benchmark weighted index, closed up

Ex-General Indicted for Planning Armed Overthrow of Government

Taipei: The Taiwan High Prosecutors Office announced Wednesday that a former Taiwanese general and five other individuals have been indicted for allegedly accepting funds from the Chinese Communist Party to assist in overthrowing Taiwan’s government.