TSMC becomes first Taiwan individual stock added to Global Islamic Indexes

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company (TSMC) became the first individual stock in the country to be listed in the Global Islamic Indexes of American finance company M...

Listed companies in Taiwan required to disclose info in English starting July

TAIPEI (Taiwan News) — Publicly listed and over-the-counter companies in Taiwan will be required to provide relevant company information from July onwards, said the country’s financial reg...

U.S. brokerage raises target price on TSMC shares to over NT$400

An American brokerage has increased its target price on shares of Taiwan Semiconductor Manufacturing Co. (TSMC) to NT$402 (US$13.42) after the company's strong 2020 guidance at an investor confere...

Wei brothers replace Terry Gou as Taiwan's richest: Forbes

The Wei brothers of Ting Hsin International Group, a large food and beverage conglomerate in Taiwan, replaced Terry Gou (郭台銘), founder of Taiwanese manufacturing giant Hon Hai Precision Industry Co., ...

Taiwan's Investor Relations platform promotes ethical investing

TAIPEI (Taiwan News) — 2019 was the year when ESG metrics gained significant attention in Taiwan, culminating with the launch of the world's first ever, government-sponsored, investor relati...

Taiwan's financial holding firms post record net profit in 2019

The 15 financial holding companies listed on Taiwan's equity market raked in an aggregate net profit NT$349.99 billion (US$11.70 billion) in 2019, which was a record annual high, according to mark...

Taiwan Futures Exchange to launch sustainability indices in 2020

TAIPEI (Taiwan News) — The Taiwan Futures Exchange (TAIFEX) saw nearly 270 million futures contracts traded in 2019, which is above the six-year average of 250 million, and is set to promote sus...

Yageo to remit NT$10 billion for local investment

Yageo Corp., a leading passive electronics component maker in Taiwan, said Wednesday that it will remit NT$10 billion (US$332 million) back to Taiwan from overseas for local investment. Yageo, a pr...

Taiwan shares end down amid geopolitical conflicts

Shares in Taiwan moved lower Wednesday, extending losses from a session earlier, as investors were motivated to cut their holdings by Iran's bombing of an airbase in Iraq housing U.S. troops, deal...

Taiwan stock market opens at 29-year high

TAIPEI (Taiwan News) — Following the boost to U.S. stocks after President Donald Trump tweeted Thursday (Dec. 12) that the U.S. and China are nearing a trade deal, Taiwan's stock market open...

Taiwan's MediaTek sales to grow 20% in 2020 on 5G chips: U.S. brokerage

MediaTek Inc., the largest integrated circuit designer in Taiwan, will see 20 percent sales growth in 2020 on the back of new 5G chips, a U.S. brokerage forecast Wednesday. In a research note, the ...

Taiwan's Pegatron shares soar after reporting strong net profit in Q3

Shares in Pegatron Corp. moved sharply higher Friday after the contract electronics maker reported a strong bottom line for the third quarter a day earlier, dealers said. The strong third quarter e...

Taiwan's TSMC to add 8,000 jobs at its new 3nm fab

TAIPEI (Taiwan News) — The world's leading foundry house, TSMC, is set to add 8,000 research and development jobs dedicated to manufacturing 3nm process nodes and beyond. Mark Liu (劉德音), ...

TSMC files countersuit against GlobalFoundries

Taiwan Semiconductor Manufacturing Co.(TSMC), the world's largest contract chipmaker, has countersued U.S.-based rival GlobalFoundries Inc. in the United States, Germany and Singapore, accusing it...

Taiwan shares soar over 130 points, led by 'Apple concept' stocks

Shares in Taiwan moved sharply higher Tuesday, jumping more than 130 points as major suppliers to Apple Inc. received a significant boost from the strong showing of shares in the U.S. consumer electro...