Business
Xinbang Tech Hits Record October Revenue Driven by EV Connector Demand
Sinnbon Technology recently released its October 2024 revenue data, reporting NT$3.388 billion in sales, a 32 percent year-on-year increase and a 1.2 perce
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Business
Acer Taiwan PC Shipments Up 15% Year-On-Year Boosted By Double 11
Acer recently released the latest data on consumer personal computer (PC) shipments in the Taiwan market, indicating that shipments from January to October
Business
Foreign Sell-Off Pushes Taiwan Stock Below 44,000, Dollar Hits 18-Month Low
Taiwan’s stock market experienced a sharp decline in the afternoon session, with the Taiwan Weighted Stock Index closing down 1,612.60 points, a drop of mo
Business
Taiwan Dollar Slumps on Central Bank Easing Extension Amid Rising Risks
The New Taiwan dollar closed at 32.76 per U.S. dollar in the Taipei foreign exchange market today, a decline of 0.168 from the previous trading day. Tradin
Business
RBA raises rates to 18-year high of 4.10% amid Middle East war and inflation
On March 3, 2024, the Reserve Bank of Australia announced that it would raise its benchmark interest rate to 4.10%, marking an 18-year high. This move was
Business
Ministry of Economy Increases Cooking Oil Production to Stabilize Market Supply
China Alliance Oil has suspended operations for mechanical maintenance, resulting in a shortage of salad oil supply in the domestic market. The Ministry of
Business
Foreign Capital Pulls 10.73 Billion As Taiwan Stocks Plunge 1,612 Points
The Taiwan Stock Exchange was subjected to unprecedented selling pressure today, with the Weighted Index recording historically rare, sharp declines both i
Business
GlobalWafers Issues $500M Convertible Bonds with Micron as Sole Investor
The board of directors of GlobalWafers, the leading silicon wafer manufacturer in Taiwan’s semiconductor industry, convened on the third of the month to fo
Business
Taiwan's Grand 539 Lottery Results Reveal New Economic and Social Welfare Drive
In Taipei today, the draw for the 115,265th installment of the Jincolor 539 lottery was held, revealing the winning numbers as 29, 35, 38, 33, and 31. The
Business
Taiwan Power Lottery Draw No. 115088 Misses Jackpot, Multiple Winners Claim Millions
TAIPEI (CNA) — The results for draw number 115088 of the Taiwan Powerball lottery were announced on Tuesday, November 2. The winning numbers for the first
Business
NSTC Announces New Science Park in Tainan to Support 1nm Commercialization
Director-General Wu Cheng-wen of the National Science and Technology Council (NSTC) issued a statement in Taipei today, announcing that the number of scien
Business
Oil Plunges 6% as US-Iran Talks Resume, Boosting Middle East Peace Hopes
Although peace talks between the United States and Iran have experienced multiple interruptions, the possibility of resuming negotiations has re-emerged in
Business
Power Lottery jackpot and second prize roll over, sparking public discussion
Taipei reporting — The draw for the 115088th batch of the Super Lotto took place tonight. The numbers drawn for the first set were 21, 37, 06, 04, 19, and
Business
US-Iran Conflict Sparks Oil Price Surge, Taiwan Government Subsidizes High Energy Costs
The conflict between the United States and Iran has led to a significant reduction in global crude oil supplies, triggering violent fluctuations in spot oi
Business
Iran-Israel Ceasefire Talks Ease Oil Prices as European Stocks Rally
Since the outbreak of the conflict between Iran and Israel last month, global markets have remained in a state of high volatility. Recently, multilateral t
Business
TWCA Certifies Weak Random Numbers, Urges Immediate Replacement Within Two Days
On October 30, the Ministry of Digital Affairs received a report indicating that the "serial number random number length" of certain certificates issued by
Business
Nikkei Plunges Over 1,000 Points as Fed Rates Hit Taiwan Banks
The Nikkei 225 Index closed 208.25 points lower on Tuesday, a decline of approximately 0.9 percent, a move roughly equivalent to the average daily volatili
Business
Taiwan Stocks Plunge as Foreigners Exit Semiconductors Amid Shifting Risk Appetite
The Taiwan Stock Exchange opened to a significant pullback today, with the index falling 291.69 points to close at 44,920.14 points, and trading volume rea
Business
Taiwan Stock Market Boom Boosts Financial Confidence as Students Embrace Investing
The Taiwan Academy of Banking and Finance officially released the latest Taiwan Financial Wellness Survey today, showing that driven by a booming local sto
Business
Anthropic plans dual listing in New York and Tokyo amid investment boom
Filing documents recently released by Anthropic reveal that the artificial intelligence (AI) firm will offer shares worth up to 552.9 billion Japanese yen
Business
Election Freebies Used as Scam Bait, Digital Ministry Warns Public
The Agency for Digital Development (ADD) recently issued a warning that messages circulating online offering free campaign souvenirs are actually fraud lur
Business
Finance Ministry Exempts AI and Worker Facilities From Business Tax
The Ministry of Finance recently announced that it will amend regulations concerning major public infrastructure projects to include AI computing facilitie
Business
Hong Yu Electric Sets IPO Price at 280 NTD, Citing Bright AI Power Outlook
Hongyu Electric (stock code: ?) has officially announced that it will list on the OTC market in late November at an underwriting price of NT$280 per share.
Business
Taiwan Dollar Plummets to 32.592 Against USD as Volume Surges Past $2.2B
Taipei foreign exchange market ushered in a rather volatile day, with the New Taiwan Dollar against the US dollar exchange rate facing heavy downward press