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U.S. Dollar Closes Sharply Lower on Taipei Forex Market

Taipei: The U.S. dollar experienced a significant decline against the Taiwan dollar, closing at NT$31.320, a decrease of NT$0.150.

According to Focus Taiwan, the trading session saw a total turnover of US$1.522 billion. The U.S.

German Investment in Taiwan Surges 264 Percent Year-on-Year

Taipei: Approved German direct investment in Taiwan last year marked a 264 percent year-on-year increase to US$209 million, indicating German businesses see Taiwan as the most important strategic hub for technology development in the Asia