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Business
Taiwan shares post limited gains as board nears this year's intraday high
Shares in Taiwan saw early gains partially eroded Wednesday ahead of high technical hurdles as the main board moved closer toward this year's intraday high of 17,463 points.11/29/2023 05:14 PM
U.S. dollar closes sharply lower on Taipei forex market
The U.S. dollar plummeted against the Taiwan dollar Wednesday, shedding NT$0.218 to close at NT$31.250.11/29/2023 04:27 PM![Taiwan shares close slightly up 0.17%]()
Taiwan shares close slightly up 0.17%
Taiwan shares ended slightly up 29.31 points, or 0.17 percent, at 17,370.56 Wednesday on turnover of NT$321.715 billion (US$10.28 billion).11/29/2023 02:31 PM![U.S. dollar dips to below NT$31.3 in Taipei trading on Fed comments]()
U.S. dollar dips to below NT$31.3 in Taipei trading on Fed comments
The U.S. dollar continued its downward trend Wednesday morning, falling below the NT$31.3 mark against the Taiwan dollar as a U.S. Federal Reserve official struck a dovish tone on ...11/29/2023 11:24 AM![Taiwan shares open higher]()
Taiwan shares open higher
The Taiwan Stock Exchange's main index opened up 10.86 points at 17,352.11 Wednesday on turnover of NT$2.14 billion (US$68.15 million).11/29/2023 09:07 AM![Taipei-based private bank fined NT$10 million for data leaks]()
Taipei-based private bank fined NT$10 million for data leaks
The Financial Supervisory Commission (FSC) on Tuesday slapped a fine of NT$10 million (US$318,000) on the Taipei-based Shanghai Commercial and Savings Bank (SCSB) for personal ...11/28/2023 11:33 PM![Taiwan]()
Taiwan's 2023 GDP growth forecast cut to 1.42%, lowest since 2008: DGBAS
In the wake of a severe contraction in exports and sluggish private investment, the Directorate General of Budget, Accounting and Statistics (DGBAS) announced Tuesday that it has ...11/28/2023 09:51 PM![Hotel industry in Taiwan reports strong visitor growth in Q1-Q3 2023]()
Hotel industry in Taiwan reports strong visitor growth in Q1-Q3 2023
Taiwan's hotel industry reported strong growth in visitor volume during the first nine months of 2023, at a level close to that before the COVID-19 hit in 2019, the Tourism ...11/28/2023 07:54 PM![Taiwan shares rebound by over 1%, driven by rising liquidity]()
Taiwan shares rebound by over 1%, driven by rising liquidity
Shares in Taiwan staged a strong technical rebound, rising more than 1 percent Tuesday following a slump the previous day, with buying increasing across the board, particularly in ...11/28/2023 06:25 PM![German chancellor, economics minister promise to resolve TSMC funding]()
German chancellor, economics minister promise to resolve TSMC funding
German Chancellor Olaf Scholz and Economic Affairs and Climate Action Minister Robert Habeck have promised to solve investment subsidy issues for Taiwan Semiconductor ...11/28/2023 04:56 PM
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