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Tag: Taiwan

Posted on July 4, 2022

Global Exodus From Taiwan Stocks to Bring More Pain for Currency

Taiwan’s dollar just posted its worst first half of a year on record and analysts foresee more losses as overseas investors exit the island’s equities. Most Read from BloombergBezos Slams Biden Over …

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Posted on July 3, 2022

US watching ‘very closely’ for signs of Chinese attack on Taiwan, says general

Despite heightened tensions there are currently ‘no indications’ of an impending attack, says General Mark Milley …

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Posted on July 3, 2022

Taiwan urges investors to stay calm as stocks including TSMC fall

TAIPEI: Taiwan’s economic fundamentals are good and investors should remain calm and rational, and not panic, Deputy Finance Minister Frank Juan told Reuters on Friday (Jul 1) after a large fall in …

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Posted on July 3, 2022

Taiwan official urges calm as island’s stock market tanks

Taiwan’s benchmark index closed down 3.3 percent, making it the worst performing market in Asia on Friday. It is down 21 percent so far this year. Juan said Taiwan’s economic fundamentals were good, …

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Posted on July 3, 2022

Taiwan stocks facing ‘big bully’ prompt Goldman retreat as cross-strait tensions inflict 20 to 40 per cent fund losses

Taiwan’s benchmark index has lost almost 9 per cent this month, taking the decline this year to 22 per cent in US dollar terms China sent 26 warplanes into Taiwan’s air defence identification zone …

( read original story …)



Posted on July 3, 2022

Taiwan stocks facing ‘big bully’ prompt Goldman retreat as cross-strait tensions inflict 20 to 40 per cent fund losses

Taiwan’s benchmark index has lost almost 9 per cent this month, taking the decline this year to 22 per cent in US dollar terms China sent 26 warplanes into Taiwan’s air defence identification zone …

( read original story …)



Posted on July 3, 2022

Taiwan experiencing one of the worst COVID-19 outbreaks in the world

In recent weeks, COVID-19 cases and deaths have surged in Taiwan, with tens of thousands of new infections occurring daily. This is the result of Taipei’s decision to remove virus mitigation measures …

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Posted on July 3, 2022

Taiwan experiencing one of the worst COVID-19 outbreaks in the world

In recent weeks, COVID-19 cases and deaths have surged in Taiwan, with tens of thousands of new infections occurring daily. This is the result of Taipei’s decision to remove virus mitigation measures …

( read original story …)



Posted on July 3, 2022

Taiwan’s B2B sector sees bad debt triple

The local chemicals industry has as high as 12% of B2B debt turning sour. Taiwan’s business-to-business (B2B) sector saw a sharp rise in bad debts written off as uncollectable, to an average of 8% of …

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Posted on July 3, 2022

Global Chip Hub Taiwan to Raise Power Rates on Pricey Fuel

(Bloomberg) — Taiwan’s industrial sector, including the world’s largest contract chipmaker, will be hit with the island’s first power price increase in four years as the state-owned utility grapples …

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