TAIPEI (Taiwan News) — The Financial Supervisory Commission (FSC) reported Thursday (Aug. 8) that cashless payments totaled NT$4.1 trillion (US$126 billion) from January to June, a near 14% increase ...
Taiwan stock rebounds on broad-based gains
TAIPEI (Taiwan News) — Taiwan’s stock market rebounded Friday (Aug. 9), with the weighted index gaining 598.9 points to close at 21,469. There was a turnover of NT$45.5828 billion (US$14.08 billion).
Taiwan exports to US surge to NT$371 billion in July
TAIPEI (Taiwan News) — The Ministry of Finance (MOF) reported on Thursday (Aug. 8) that Taiwan’s exports to the US hit a record high US$11.45 billion (NT$371 billion) in July, a 3.1% year-on-year ...
Executive Yuan agrees to boost appliance subsidy
The Executive Yuan yesterday agreed to increase funding for a program to subsidize the replacement of old home appliances with new, energy-efficient models. The Ministry of Economic Affairs since last ...
TSMC-linked China auto chip maker plunges over 30% in Hong Kong IPO
HONG KONG -- Black Sesame International, an automotive chip maker from China that fully relies on Taiwan Semiconductor Manufacturing Co. (TSMC) for its production, made a dismal debut on the Hong Kong ...
Acer Announces Q2 2024 Operating Income at NT$1.47 Billion, Up 87.9% Quarter-on-quarter and 40.3% Year-on-year
Acer Inc. (TWSE: 2353) announced its financial results for the second quarter of 2024. Consolidated revenues reached NT$67.14 billion, up 15.2% year-on-year (YoY); operating income was NT$1.47 billion ...
Taiwan July exports misses forecasts on weak China demand, but U.S. soars
Taiwan's exports rose less than expected in July as weak demand from China offset record orders from the United States which underscored the island's essential role as a supply hub for the booming ...
Taiwan’s Tech Industry Rises as a ‘Global AI Hub’ with TEJ Data Showing Electronics Sector Growth and Institutional Investment Trends
TAIPEI, TAIWAN / ACCESSWIRE / August 7, 2024 / Driven by AI stocks, Taiwan's stock market surged 28% in the first half of 2024, surpassing 23,000 points and outpacing Nasdaq and the S&P 500. According ...
Regulator hopes active ETFs will boost Taiwan’s standing in Asia
Kao Ching-ping, deputy director of the FSC’s Securities and Futures Bureau, confirmed during the press conference that Taiwan-listed active ETFs will be “fully transparent” with detailed holdings from ...
Nuren Group Launches IPO on NSX
Strategic Growth and Innovation This IPO not only signifies Nuren Group's robust market positioning but also underscores its potential for continued innovation and expansion within the digital ...
Taiwan awards 2.7GW in offshore wind tender
Taiwan’s Ministry of Economic Affairs (MOEA) has awarded five wind farm projects totalling 2.7GW with capacity allocations in its latest round 3.2 offshore auction. According to the list of awards ...
Taiwan considering lawsuit over boxing federation’s gender row stance
Taiwan's Sports Administration protested on Tuesday against the International Boxing Association's (IBA) stance on a gender row involving one of its fighters at the Paris Games, saying its Olympic ...
Oversold Taiwan Stock Market May See Further Consolidation
The Taiwan stock market has finished lower in two consecutive trading days, crashing more than 1,810 points or 8.4 percent along the ...
Taiwan’s Ma Ying-jeou warns of ‘crippling’ cost of paying US ‘protection money’ under Trump
Taiwan’s military budget would become a crippling financial burden if Taipei was forced to pay “protection money” to the US, a former leader of the island warned on the weekend, responding to a ...
Why You May Be a Taiwan Semiconductor Stock Investor Without Even Knowing It
Taiwan Semiconductor Manufacturing (NYSE: TSM) is a controversial stock from certain points of view. The Taiwan-based foundry produces nearly all of the world's most advanced chips. Still, most of its ...
TSMC Drags Down Taiwan as Index Suffers Worst Day in 57 Years
(Bloomberg) -- Taiwan’s benchmark stock index plunged by a record, as tech-heavy gauges in Asia took the brunt of a selloff triggered by fear of a deeper US economic slowdown. Most Read from Bloomberg ...