The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.230 to close at NT$31.225 as traders were encouraged by further foreign fund inflows into the country to raise their holdings in the local currency, dealers said.
Shares in Taiwan continued its momentum to move higher and close above the 9,200-point mark Wednesday as the market remained awash in liquidity on the back of further fund inflows into the country, dealers said.
Taiwan-based smartphone brand HTC Corp. (宏達電), which has intensified its efforts to broaden its product portfolio, has teamed up with China's Alibaba Cloud in a strategic partnership to explore the booming virtual reality (VR) business.
The Ministry of Finance (財政部) said Wednesday it would propose Business Tax Act draft amendments in September to close loopholes that have allegedly enabled ride-hailing giant Uber to dodge taxes.
India's outgoing central bank chief insisted he had laid the foundations for sustainable growth in the world's best-performing major economy after keeping interest rates on hold in his final policy review Tuesday.
This general view shows the check-in hall at the newly opened terminal 3 at Soekarno-Hatta International Airport in Tangerang, on the outskirts of Jakarta, early on Aug. 9. The main airport serving the Indonesian capital Jakarta opened a new terminal yesterday that would allow the overcrowded aviation hub to handle tens of millions more passengers a year.
Raymond Chen (陳英顯), executive director of Taiwan External Trade Development Council's (TAITRA, 外貿協會) strategic marketing department, speaks in Taipei about the organization's promotional outreach in the Philippines, Tuesday, Aug. 9.
The Uber-Didi denouement offers some lessons for Hong Kong technology policy and strategy.
China's economy, the world's second largest, struggled in July with a worse-than-expected trade performance as imports plunged 12.5 percent year-on-year, Customs said Monday.
Australia's treasurer said Monday that national security would be his overriding consideration when he makes a decision on whether to allow a Chinese consortium to lease a major Sydney electricity grid.