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Taiwan shares rise as market gains momentum

This increase follows a volatile trading week characterized by mixed sentiments in the global market. Earlier in the week, investors were cautious due to ongoing geopolitical tensions and fluctuating economic indicators. However, positive earnings reports from key technology firms have bolstered market optimism. Taiwan's tech sector, a critical driver of its economy, has shown resilience, with major companies reporting robust financial results despite broader global uncertainties.

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U.S. Dollar declines in Taipei trading amid market fluctuations

The recent dip in the U.S. dollar is part of a broader trend observed in recent weeks. Economic factors such as shifts in interest rates, inflation concerns, and geopolitical tensions have contributed to the dollar's volatility. Over the past month, the U.S. dollar has seen varying performance against major Asian currencies, including the Taiwan dollar, as investors respond to global economic developments.

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