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Taiwan deputy fin min urges investors to stay calm as stocks fall

Channel News Asia LogoChannel News Asia1 mo ago

Taiwan deputy fin min urges investors to stay calm as stocks fall

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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 after a large fall in share prices.

Taiwan's benchmark stock index closed down 3.

The trade-dependent island has been hit by global inflation, the war in Ukraine, snarled supply chains and falling demand for tech-related products.


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Article Details

Category: Economy

Topics: Taiwan Panic Juan Stock Growth Market Economic Good Fundamentals Cent Global

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 13:51:45

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 3 minutes read

Article Length: 469 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 24505

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 57 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 2h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

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