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July 17, 2026

Taiex Suffers Biggest Single-Day Point Drop in History

Taipei: Taiwan’s benchmark stock index experienced an unprecedented plunge as it dropped 2,953.71 points on Friday, marking the largest single-day point decline in its history. The sell-off, primarily driven by a downturn in artificial intelligence-re…

O’Pay First E-Payment Platform Approved for Overseas Remittances

Taipei: O’Pay has become Taiwan’s first electronic payment platform approved to provide overseas small-value remittance services, including transfers for migrant workers, the Financial Supervisory Commission (FSC) said Thursday. The company, which has…

Taiwan Shares Close Down 6.47%

Taipei: Taiwan shares ended down 2,953 points, or 6.47 percent, at 42,671.27 Friday on turnover of NT$1.21 trillion (US$37.61 billion).

According to Focus Taiwan, this significant decline reflects concerns among investors and market participants.