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Taiwan Stocks Set to Enter Correction on Virus Woes, Tech Rout


May 12 2021, 11:37 AM
May 12 2021, 8:46 AM
May 12 2021, 11:37 AM
(Bloomberg) Taiwan stocks slumped the most since March last year as concern over further tightening of coronavirus-linked restrictions and a global tech selloff spooked investors.
(Bloomberg) Taiwan stocks slumped the most since March last year as concern over further tightening of coronavirus-linked restrictions and a global tech selloff spooked investors.
The Taiwan Stock Exchange Weighted Index finished the session 4.1% lower after slumping as much as 8.6% in morning trading, the worst intraday loss since 1969. Having fallen 9.6% from an April high, the gauge narrowly missed a technical correction. Heavyweight Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry Co. were among the biggest drags, down 1.9% and 4.7%, respectively, on Wednesday. ....

Chen Shih Chung , Paul Cheng , Hon Hai Precision Industry Co , Liberty Times , Taiwan Stock Exchange Weighted Index , Taiwan Semiconductor Manufacturing Co , Taiwan Semiconductor Manufacturing , Hon Hai Precision Industry , Taipei Based Liberty Times , Masterlink Securities Investment , சென் ஷிஹ் சுங் , பால் செங் , க .ரவ ஹாய் ப்ரிஸிஶந் தொழில் இணை , சுதந்திரம் முறை , டைவாந் ஸ்டாக் பரிமாற்றம் எடையுள்ள குறியீட்டு , டைவாந் குறைக்கடத்தி உற்பத்தி இணை , டைவாந் குறைக்கடத்தி உற்பத்தி , க .ரவ ஹாய் ப்ரிஸிஶந் தொழில் , தைப்பே அடிப்படையிலானது சுதந்திரம் முறை ,

Taiwan Stocks Sink as Much as 8.6% on Virus Woes, Tech Rout


Taiwan Stocks Sink Most in 14 Months on Virus Woes, Tech Rout
Bloomberg
50 mins ago
Moxy Ying and Cindy Wang
(Bloomberg) Taiwan stocks slumped the most since March last year as concern over further tightening of coronavirus-linked restrictions and a global tech selloff spooked investors.
The Taiwan Stock Exchange Weighted Index finished the session 4.1% lower after slumping as much as 8.6% in morning trading, the worst intraday loss since 1969. Having fallen 9.6% from an April high, the gauge narrowly missed a technical correction. Heavyweight Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry Co. were among the biggest drags, down 1.9% and 4.7%, respectively, on Wednesday. ....

Chen Shih Chung , Paul Cheng , Hon Hai Precision Industry Co , Liberty Times , Taiwan Stock Exchange Weighted Index , Taiwan Semiconductor Manufacturing Co , Taiwan Semiconductor Manufacturing , Hon Hai Precision Industry , Bloomberg Taiwan , Taipei Based Liberty Times , Masterlink Securities Investment , சென் ஷிஹ் சுங் , பால் செங் , க .ரவ ஹாய் ப்ரிஸிஶந் தொழில் இணை , சுதந்திரம் முறை , டைவாந் ஸ்டாக் பரிமாற்றம் எடையுள்ள குறியீட்டு , டைவாந் குறைக்கடத்தி உற்பத்தி இணை , டைவாந் குறைக்கடத்தி உற்பத்தி , க .ரவ ஹாய் ப்ரிஸிஶந் தொழில் , ப்ளூம்பெர்க் டைவாந் , தைப்பே அடிப்படையிலானது சுதந்திரம் முறை ,

Taiwan stocks sink nearly 9% on virus woes, tech rout


People wearing protective face masks wait for the metro, during the coronavirus disease (COVID-19) pandemic, in Taipei, Taiwan, May 11, 2021. REUTERS/Ann Wang
TAIWAN stocks plunged as concern over further tightening of coronavirus-linked restrictions and a global tech selloff spooked investors.
The Taiwan Stock Exchange Weighted Index (Taiex) was in freefall during mid-morning trading, slumping as much as 8.6% before paring the losses to 5.9% as of 12:22 p.m. local time. Heavyweight Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry Co. were among the biggest drags, and more than a hundred stocks on the gauge fell by the daily 10% limit.
Wednesday’s selloff marks a sharp turn for the equity index which ranked among Asia’s best performers before it started to retreat at the end of April. Taiwan may elevate its alert level on Covid-19 further today after banning large gatherings Tuesday, Taipei-based Liberty Times reported, citing health minister C ....

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Variant From India Is in 44 Nations; Sinovac Study: Virus Update


Variant From India Is in 44 Nations; Sinovac Study: Virus Update
Bloomberg
54 mins ago
Bloomberg News
(Bloomberg) The more-infectious coronavirus driving a catastrophic Covid-19 epidemic in India has been detected in 44 countries, just as the Asian nation reported a record daily death count.
Popular Searches
Sinovac Biotech Ltd.’s vaccine is wiping out Covid-19 among health workers in Indonesia, an encouraging sign for developing countries reliant on the Chinese shot, which performed worse than western alternatives in clinical trials.
Thailand plans to inoculate the majority of the adult population in Bangkok in the coming months to quell a flareup. England reported no deaths from the disease in its latest daily update. ....

Singapore General , Switzerland General , United Kingdom , United States , Han I , Republic Of , North Vietnam , Vietnam General , Himachal Pradesh , Tamil Nadu , Krung Thep Mahanakhon , South Korea , Singapore Airport , Jakarta Raya , City Of , South Korean , Chen Shih Chung , Feng Tay , Sinovac Covid , Nicola Sturgeon , Lawrence Wong , Joe Biden , Johnson Covid , Franciele Francinato , Muhyiddin Yassin , Dimas Ardian Bloomberg ,

India's New Cases Seen Peaking; Boost for Sinovac: Virus Update


Variant From India Is in 44 Nations; Sinovac Study: Virus Update
Bloomberg
1 hr ago
Bloomberg News
(Bloomberg) The more-infectious coronavirus driving a catastrophic Covid-19 epidemic in India has been detected in 44 countries, just as the Asian nation reported a record daily death count.
Popular Searches
Sinovac Biotech Ltd.’s vaccine is wiping out Covid-19 among health workers in Indonesia, an encouraging sign for developing countries reliant on the Chinese shot, which performed worse than western alternatives in clinical trials.
Thailand plans to inoculate the majority of the adult population in Bangkok in the coming months to quell a flareup. England reported no deaths from the disease in its latest daily update. ....

Singapore Airport , Singapore General , Han I , Republic Of , Switzerland General , United States , United Kingdom , White House , District Of Columbia , North Vietnam , Vietnam General , Himachal Pradesh , Ho Chi Minh City , H Chíinh , Tamil Nadu , Singapore Changi Airport , South Korea , Jakarta Raya , City Of , South Korean , Chen Shih Chung , Feng Tay , Sinovac Covid , Nicola Sturgeon , Lawrence Wong , Joe Biden ,