Asian and European markets pushed higher Wednesday, tracking a record close on Wall Street as investor concerns eased over Donald Trump's lack of domestic policies.
Investors in the local main board raked in about NT$420,000 (US$13,384) in profit on average in the year of the monkey after the market closed Tuesday, the last trading session of the year on the lunar calendar, statistics show.
The U.S. dollar fell against the Taiwan dollar on Tuesday, shedding NT$0.049 to close at NT$31.382, as foreign investors continued to move funds into the region, dealers said.
Chinese e-commerce giant Alibaba said Tuesday its revenues leapt 54 percent year-on-year for the quarter ended in December, spurred by rapid growth in Chinese online shopping.
Apple Inc. ranked as the best smartphone vendor in Taiwan in terms of both sales volume and value last December, holding that spot for the fourth consecutive month, following the launch of its latest iPhone models, industry sources said Tuesday.
President Donald Trump's decision to pull out of the Trans-Pacific Partnership, as promised, is prompting other member countries to seek ways to salvage the trade pact.
The dollar retreated against most peers Monday, with warnings of wild volatility ahead as Donald Trump began his presidency promising to put America first and attacking global trade deals.
President Donald Trump said he was protecting jobs as he officially pulled out from the proposed Trans-Pacific Partnership trade deal on Monday.
Shares in Taiwan ended up on Monday, with the weighted index passing the 9,400-point barrier, dealers said, attributing the rise to gains in the American stock market after the inauguration of U.S President Donald Trump.
It's been impossible to escape the shadow of Donald Trump at this year's gathering of the business elites at the World Economic Forum in Davos, Switzerland.