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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…
(Bloomberg) -- The ruling Democratic Progressive Party’s victory in Taiwan’s presidential election Saturday removes key uncertainties for local markets, analysts said, noting China’s muted response and the prospect of major parties having to cooperate on policy.Most Read from BloombergApple to Shutter 121-Person San Diego AI Team in ReorganizationBiden Says US Doesn’t Support Taiwan Independence After VoteUS Economy Set for Another Cash Boost If Congress Backs Tax DealTaiwan Elects US-Friendly P
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Investors are bracing for a volatile reception to Taiwan's election on Feb. 3, with added focus on the island's chip sector, after China said the poll was a choice between peace and war....
Taiwan's stock market is soaring ahead of elections next month that will shape relations with China, which claims the island as its own, as investors look past political risk and potential...