Taiwan stock exchange to unveil more market stabilisation steps if needed

Quick Summary:

TAIPEI :Taiwan stocks plummeted almost 10 per cent on Monday in their first trading since U.S.

President Donald Trump announced new import tariffs last week, with the head of the island's stock exchange saying it would roll out more stabilisation policies if needed.

Shares in chipmaker TSMC and electronics maker Foxconn both fell near 10 per cent, triggering the 10 per cent circuit breaker in the Taiwan market.

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Article Details

Category: EconomyBusiness

Markets: SingaporeOmanTaiwanUnited States

Topics: Week Stock Cent Tariffs Stabilisation Taipei Market Monday Exchange Taiwan Announced

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 08:50:49 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 279 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27637534

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 36 posts per day

Year Established: 1999

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News Last Updated: 2 hours ago

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Publisher ID: #27

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