Taiwan shares extend losses to end below 16,900 points
Taipei, June 27 (CNA) Shares in Taiwan fell 1 percent Tuesday and ended at the day's low, propelled downward by steep falls in tech stocks in the United States overnight, dealers said.
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Taipei, June 27 (CNA) Shares in Taiwan fell 1 percent Tuesday and ended at the day's low, propelled downward by steep falls in tech stocks in the United States overnight, dealers said.
Taipei, June 13 (CNA) Shares in Taiwan moved sharply higher Tuesday to close at a 14-month high after U.S. markets rallied overnight amid hopes that the U.S. Federal Reserve will not raise interest rates at this week's policymaking meeting, dealers said.
Taipei, June 7 (CNA) Shares in Taiwan moved sharply higher Wednesday rising about 160 points to close above the 16,900 point mark as semiconductor stocks steamed ahead led by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), in the wake of strong gains made by the stock's American depositary receipts (ADRs) on U.S. markets overnight, dealers said.
Bringing Taiwan to the World and the World to Taiwan
Global fab equipment spending at front-end facilities is expected to grow at an annual pace of 10 percent this year to a record of more than US$98 billion, with South Korea taking the lead, followed by Taiwan, SEMI said in a quarterly report yesterday. That means that world fab equipment spending is to grow for a third straight year, following a 39 percent jump last year and 17 percent growth in 2020, the global semiconductor trade association said in a statement. The industry previously had three consecutive years of growth from 2016 to 2018, more than 20 years after logging a three-year