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Taiwan Shares Close Down 1.33%

Taipei: Taiwan shares ended down 606.52 points, or 1.33 percent, at 45,070.94 Friday on turnover of NT$1.23 trillion (US$38.70 billion).

According to Focus Taiwan, the decline in the market was observed as investors showed caution

Hon Hai Achieves Record May Sales Driven by AI Demand

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Friday reported its highest sales for May on the back of robust global demand for AI applications.

According to Focus Taiwan, the iPhone assembler, which

ITRI Becomes Green UAS Evaluation Body Under U.S. Drone Program

Taipei: Taiwan’s Industrial Technology Research Institute (ITRI) said Thursday it has become an authorized Green UAS evaluation body under a U.S. drone industry certification program. In addition, the institute signed a memorandum of understanding (MO…

Taiwan Launches One-Stop Banking Services for Foreign Residents

Taipei: Taiwan on Thursday launched a one-stop banking initiative aimed at making it easier for foreign residents to access financial services, designating six banks to provide streamlined account opening, credit card, and international transfer servi…