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Taipei, May 31 (CNA) Shares in Taiwan closed slightly lower Wednesday as the electronics sector lost momentum after rallying in recent sessions, and MSCI weighting cuts were about to take effect, dealers said.

Taipei, March 22 (CNA) Shares in Taiwan closed almost flat Tuesday, after moving in consolidation mode, as investors' sentiment was dictated by a lackluster performance of the United States markets, in the wake of a hawkish statement by U.S. Federal Reserve Chair Jerome Powell, dealers said.

Major Taiwanese developers and brokers are poised to launch new housing projects in the coming spring sales season to take advantage of the nation’s robust economy and a real-estate boom. Taiwan’s two largest housing agencies, JSL Construction & Development Co (愛山林) and Hiyes International Co (海悅國際開發), said they have NT$110 billion (US$3.95 billion) and NT$80 billion worth of projects on hand for the season with starting dates next month and April. The sales strategy reflects positive sentiment on the supply side, encouraged by last year’s strong growth in GDP of 6....

The average annual salary of employees at publicly listed firms last year rose 4 percent year-on-year to NT$967,021 (US$34,884), beating the nation’s GDP growth of 2.98 percent, but the firm with the highest average wage offered 12.5 times more than the one with the lowest, indicating uneven salary growth in Taiwan, the Taiwan Stock Exchange (TWSE) said. The percentage was lower than the difference of 15.8 percent recorded in 2019. Foxconn Technology Co (鴻準精密), a subsidiary of Hon Hai Precision Industry Co (鴻海精密), registered an average annual wage of NT$4.19 million and a tot...