Big chill
Article Abstract:
Taiwan's stock market remains volatile with elections approaching in Mar 1996 and cross-strait relations with mainland China unlikely to be resolved until afterwards. However, analysts expect the market's weighted index to remain between 4600 and 5000 until the elections, saying China has already used all its cards and such threats are now factored in. Longer-term predictions run the gamut. Taiwan's own government bears the blame for the market's biggest drop so far in 1996: a 6.7% plunge on Jan 5, on passage of a capital-gains tax.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Year of the bull, too?
Article Abstract:
Taiwan's sound economic condition shows in the marked increase of its gross national product for 1991, its trade surplus and the bullishness of the stock market. The resurgence of stock speculation can be attributed to the Central Bank's lowering of its interest rate in Jan 1992, which renewed investors' interests. The boom in trade has, likewise, strengthened the Taiwan dollar against the US dollar. Taiwan's foreign-exchange reserves amount to over US$93 billion and are expected to exceed US$100 billion in the middle of 1992.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Roaring back; Taiwan's relief sends stockmarket activity soaring
Article Abstract:
The Taiwan stock market reached the highest level in a year on Apr 15, 1996, reflecting an easing of tensions with China that caused the market to drop precipitously during Mar 1996. China ended its provocative missile tests offshore after Taiwan's ruling party won elections held on Mar 23, 1996. The stock market boom has been helped by the relaxing of credit policies by the Central Bank of China in Taiwan and be expectations that tensions with China will ease further.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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