Latest Articles

Taiwan shares rise 0.43% amid strong trading volume

This upward movement in share prices comes amidst a backdrop of positive sentiment in the market, driven by various factors including strong corporate earnings reports and stable economic indicators. Investors appear optimistic, buoyed by recent developments in the tech sector, which remains a cornerstone of Taiwan's economy. Notably, major companies listed on the Taiwan Stock Exchange have reported better-than-expected quarterly results, contributing to a favorable outlook for the market.

blank

Yangzijiang Shipbuilding spurs 0.7% rise in STI as regional markets rally

Yangzijiang Shipbuilding reported a robust 77% increase in profit for the six months ending June 30, reaching 3.1 billion yuan (S$572 million). Revenue for the period also saw a substantial rise of 15%, totaling 13 billion yuan. The company's strong performance was underpinned by a record-high order backlog, which DBS Bank analyst Ho Pei Hwa cites as a key factor for sustained earnings visibility through 2026. Hwa’s research note highlights the shipbuilder’s strategic shift towards cleaner vessel technologies, such as dual-fuel container ships and gas carriers, which now make up approximately 70% of its order book. This pivot is expected to attract further interest from Environmental, Social, and Governance (ESG) funds,