Taiwan’s stocks posted modest gains while its currency weakened as investors digested the weekend’s election results, with the potential for legislative gridlock and continued cross-strait tensions tempering sentiment. The ruling Democratic Progressive Party won the presidency but lost its legislative majority, suggesting it will have to work with other major…
Taipei, Aug. 24 (CNA) Shares in Taiwan closed slightly lower Wednesday after initial gains were erased amid lingering caution toward the U.S. Federal Reserve's hawkish outlook, dealers said.