JAKARTA, May 17 (Reuters): Taiwan stocks closed 3% lower on Monday, leading declines across most of Asia's emerging markets, as curbs to contain new Covid-19 outbreaks fuelled worries that the region's nascent economic recovery will be derailed.
The island's premier looked to reassure investors that the fundamentals of the trade-dependent economy remain strong as new restrictions went into effect over the weekend. In neighbouring South Korea and Japan, shares closed under 1% lower.
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