Taiwan reassures on economy as stocks fall amid COVID-19 spike

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

TAIPEI: Taiwan's economic fundamentals are good with demand for export orders strong and production activities normal, the premier said on Monday ...

TAIPEI: Taiwan's economic fundamentals are good with demand for export orders strong and production activities normal, the premier said on Monday .

The government is also prepared to stabilise the stock and foreign exchange markets if needed, said Premier Su Tseng-chang.Su made the comments on his Facebook page amid a spike in domestic COVID-19 infections and the raising of the alert level for Taipei on Saturday. Taiwan's benchmark stock index fell as much as 3 per cent shortly after opening on Monday morning before recouping some losses, and was down around 1.3 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines