Emerging Markets - Asian FX rangebound and equities largely mixed as tech rout extends


2494013

HANOI/TAIPEH (Reuters): Taiwanese shares tanked to a one-month low on Monday with the Taiwanese dollar leading losses among subdued Asian currencies, while China's central bank cut key interest rates in a surprise move to boost consumer confidence amid shaky growth.

Taiwan stocks slumped as much as 3.2% at 22,130.9, its steepest percentage loss since April 19, after concerns around trade disruptions, including further curbs by Washington on semiconductor sales to China hurt risk appetite.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Increased pollution curbs as Delhi air quality worsens
Strong arms come with a soft touch
First civilian death in border strife
‘Sorrow of War’ sells despite controversy
Oldest and largest pro-democracy party votes to dissolve
Struggling to breathe in the city
Lawmakers will meet to fast-track cyclone aid
‘A slap in the face’: some US farmers unhappy with Trump’s US$12 billion bailout
Fill US Arctic affairs post to halt China and Russia’s rise, senior Democrat urges Rubio
Thailand confirms first civilian killed in week of Cambodia fighting

Others Also Read