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TSMC shares recover after falling below NT$800 mark
Shares of TSMC (台積電), Taiwan’s semiconductor manufacturing giant, opened at NT$797 (US$24.15) on Tuesday, April 8, dropping NT$51 (US$1.55) and falling below the NT$800 threshold. However, investors quickly capitalized on the lower prices, driving the stock up to NT$843 (US$25.55), approaching the previous closing price of NT$848 (US$25.70).2025/04/08 10:26 -

Guishan baseball team shuts out Canada 8-0 at Little League
Discover how Taoyuan City Guishan Elementary School Baseball team clinched an 8-0 victory over Canada at the 2024 Little League World Series, marking a significant win for the Asia-Pacific representatives. Learn about the support from New York’s Taipei Economic and Cultural Office and the team’s historic performance in the series.2024/08/15 13:46 -

Survey: Half of respondents expect salary increase in 2024
According to a national economic confidence survey by Cathay Financial Holding, approximately half of respondents believe their salaries will increase in 2024, showing a more optimistic outlook compared to last year. About 25% of respondents anticipate a pay hike of more than 3%. This comes after the Ministry of Labor’s decision to raise the minimum wage by just over 4% in 2024. 64% of respondents reported that their income has remained unchanged over the past six months, while 18.1% said it has increased and 17.9% said it has decreased. Looking ahead to next year, 25.2% of respondents expect a salary increase of more than 3%, a significant increase from last year’s survey. The survey also reveals that respondents predict the country’s economic growth rate to stay at 1.6%, with only around 21% believing it will surpass 2% this year. In terms of inflation expectations, the median value remains steady at 2.5%, with 84% of respondents believing this year’s inflation rate will be more than 2%. Overall, the public maintains a conservative outlook on economic expansion, while inflation expectations remain higher.2023/11/20 13:50



