OPTIMISM: Stock market sentiment remained bullish at the start of the third quarter, with the TAIEX averaging 22,963 points last month, central bank data showed
The nation’s securities account balance, a gauge of retail investors’ confidence in local equities, rose to its highest level last month, as the TAIEX rallied 1,286.5 points — or 5.78 percent — in the month, data released on Friday by the central bank showed.The securities account balance increased
The prices of gasoline and diesel at domestic fuel stations are to rise NT$0.1 and NT$0.4 per liter this week respectively, after international crude oil prices rose last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday.Effective today, gasoline prices at CPC a
A jump in the share of foreign-born workers after the COVID-19 pandemic helped Europe bring inflation down without sharply slower growth, European Central Bank (ECB) President Christine Lagarde said on Saturday. A key factor “has been the rise in both the number and participation rate of foreign wor
China’s economy is buckling under the weight of tariffs and a deep-rooted property crisis, yet stocks are extending their bull run — a disconnect that is stirring doubts on the rally’s staying power.In just the past month, onshore stocks have added almost 1 trillion US dollars to their market value,
Texas is emerging as a key hub for global technology and manufacturing, attracting major Taiwanese companies, but rising wages and living costs are creating steep hurdles for investors, local businesses told CNA recently.With US President Donald Trump’s “Made in America” agenda and high tariffs on i
A fruit vendor, surnamed Lee, waits for customers at a market in Changhua County yesterday.
Non-fossil fuels now account for half of India’s installed energy capacity — years ahead of schedule — but the third-largest greenhouse gas polluter remains deeply reliant on coal for electricity generation.“A landmark in India’s energy transition journey,” Indian Minister of Renewable Energy Pralha
In a video gaming landscape often dominated by fantasy duels and kinetic gunfights, one different genre is standing out in the Gamescom trade fair in Germany: firefighting.Both Firefighting Simulator Ignite from German developer Weltenbauer and French studio Exkee’s Rescue Ops: Wildfire see themselv
A German company is putting used electric vehicle batteries to new use by stacking them into fridge-size units that homes and businesses can use to store their excess solar and wind energy.This week, the company Voltfang — which means “catching volts” — opened its first industrial site in Aachen, Ge
NINE-MONTH HIGH: An influx of new graduates and summer jobseekers contributed to the increase, with unemployment among university graduates hitting 4.63 percent
Last month’s unemployment rate edged up to 3.4 percent, the highest in nine months, due to an influx of new graduates and students seeking summer jobs, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday.The number of unemployed people climbed by 5,000 from June to 40
Hon Hai Precision Industry Co (鴻海精密), a major iPhone assembler, yesterday said it has inked a memorandum of understanding (MOU) with Mitsubishi Fuso Truck and Bus Corp to develop and manufacture electric buses.Hon Hai and Mitsubishi are to collaborate through their respective automotive subsidiaries
STABLE DEMAND: Delta supplies US clients in the aerospace, defense and machinery segments, and expects second-half sales to be similar to the first half
Delta Electronics Inc (台達電) expects its US automation business to remain steady in the second half, with no signs of weakening client demand.With demand from US clients remaining solid, its performance in the second half is expected to be similar to that of the first half, Andy Liu (劉佳容), general ma
US-based tech giant Google on Thursday said it would continue to invest in Taiwan, as it praised the contributions of its Taiwanese team to the latest Pixel 10 smartphone lineup.Google’s research and development (R&D) team in Taiwan already has thousands of employees, and it is recruiting more to co
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US Federal Reserve Chair Jerome Powell yesterday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies
George Sulaiman works at salt evaporation ponds in the coastal town of Anfeh, Lebanon, yesterday. Sulaiman inherited the family sea salt business in 2013 and modernized it to produce a wider range of products, including coarse salt, magnesium salt, magnesium oil, Japanese nigari salt and fleur de se
Nvidia Corp cofounder and chief executive officer Jensen Huang (黃仁勳) arrived in Taipei today to visit chip foundry partner Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), as the world's most valuable company navigates rising friction between Washington and Beijing over access to its industry-lead
The administration of US President Donald Trump is considering taking equity stakes in companies getting funds from the 2022 CHIPS and Science Act but has no similar plans for bigger firms boosting US investments, such as Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and Micron Technology Inc, a
MACHINES BUSINESS: About 30 percent of the company’s sales were cobots integrated into autonomous robots for a medical device maker, the company said
Several companies have expressed interest in Techman Robot Inc’s (達明機器人) new humanoid robot, TM Xplore I, which would be first tested at the company’s plants before being offered to customers, the robotic arm partner of Nvidia Corp said yesterday.Techman, a subsidiary of Quanta Computer Inc (廣達電腦),
DOLLAR SIGNS: The central bank rejected claims that the NT dollar had appreciated 10 percentage points more than the yen or the won against the greenback
The New Taiwan dollar yesterday fell for a sixth day to its weakest level in three months, driven by equity-related outflows and reactions to an economics official’s exchange rate remarks.The NT dollar slid NT$0.197, or 0.65 percent, to close at NT$30.505 per US dollar, central bank data showed.The
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