Taiwan’s dollar surged as much as 5% on Monday, the biggest intraday gain in over three decades, on speculation exporters are rushing to convert their holdings of US dollars to the island’s currency.
Taiwan president calls for end to ‘false’ news about US forex talks
Taiwan's president on Monday called for an end to "false" news about talks with the United States on foreign exchange rate policy, after the Taiwan dollar surged against the U.S. dollar on speculation ...
Taiwan Central Bank Says U.S. Didn’t Make Forex Demands, Urges Calm as Currency Surges
Taiwan’s central bank has denied speculation that the U.S. asked the island to lift the value of the Taiwan dollar, convening an emergency meeting to urge calm after the currency resumed a blistering ...
Taiwan Stocks See Second Day of Inflows Amid Currency Surge
Global funds remained unfazed by the Taiwan dollar’s relentless surge and its likely impact on exporters’ earnings, snapping up the island’s shares for a second straight session.
Taiwan Regulator Summons Life Insurers as Soaring Currency Bites
Taiwan’s markets regulator is meeting some of the island’s largest insurers as a skyrocketing local currency piles pressure on hundreds of billions of dollars in US bond investments.
Chinese Communist Party subsidises Taiwanese temple pilgrimages to China in ‘United Front’ Drive
The Chinese Communist Party (CCP) is providing financial support to templegoers in Taiwan and subsidising trips for them to visit China, as stated by a Taiwanese intelligence official, according to a ...
The Taiwanese dollar’s torrid rally
The volume of US dollar-Taiwan dollar trades in Taipei early Monday jumped to the most since the 2008 global financial crisis. Banks have been bombarded with customer inquiries over the surge, with ...
Foxconn Says April Revenue Rose 25.54% Y/y, Sees Q2 Growth
TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Monday that its April revenue rose 25.54% on year.
Taiwan’s Markets Shaken as Currency Surges Most Since 1980s
Taiwan’s dollar surged as much as 5% on Monday, the biggest intraday gain in over three decades, on speculation exporters are rushing to convert their holdings of US dollars to the island’s currency.
Dollar slips as Taiwan dollar surge sparks revaluation talk
The dollar slipped anew on Monday as a meteoric surge in its Taiwanese counterpart stoked speculation some Asian countries were prepared to engineer revaluations of their currencies to win U.S. trade ...
Taiwan dollar leaps; Buffett to step down
The surging Taiwan dollar was the big mover in a holiday-thinned Asia session, kicking off a busy week of central bank decisions, key economic data and investors coming to grips with Warren Buffett's ...
2 Beaten-Down Technology Stocks to Buy Despite Tariffs
Volatility can be the friend of the long-term investor. Here are two beaten-down technology stocks off around 25% from highs that investors should buy today despite the tariff disruption to our ...
Taiwan Semiconductor Gains On Strong Earnings From Meta And Microsoft Boosting AI Demand
Taiwan Semiconductor (TSM) stock rises with Meta and Microsoft's strong quarterly results, reflecting commitment to AI despite sanctions and tariffs.
Asian currencies: Taiwan currency hits 15-month high
BENGALURU: The Taiwan dollar and stocks in Taipei soared on Friday, leading a rally across Asian markets as signs ...
Taiwan dollar sees biggest gain against greenback since 1993 as Asian currencies rally
Asian currencies rallied hard overnight, with the U.S. dollar sinking nearly 5% against the Taiwan dollar. At its current level, the greenback was on track for its worst daily showing against its ...
Taiwan’s Fengmiao 1 wind farm gets NT$103 billion injection
Fengmiao Phase 1 is located off the coast of Taichung and is being developed through CIP’s fifth flagship fund, Copenhagen Infrastructure, per CNA. The 500 MW project was awarded in Taiwan’s round 3 ...