Shares in Taiwan closed sharply higher by about 230 points Wednesday as buying was sparked by a rally on the U.S. markets overnight in the wake of the softer-than-expected July producer price index (PPI) growth, which reinforced hopes of a rate cut by the Federal Reserve, dealers said.
(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)
Latest
- Society
Taiwan headline news
04/04/2025 09:58 AM - Society
Mother of abandoned dead newborn referred for prosecution
04/03/2025 10:03 PM - Politics
Lai pledges 'maximum support' for Taiwan businesses amid U.S. 32% tariff
04/03/2025 09:55 PM - Business
Taiwan needs to address trade barriers after U.S. tariffs: Economists
04/03/2025 09:51 PM - Society
First-ever beaching of complete fin whale in Taiwan confirmed
04/03/2025 08:53 PM