Taiwan hangs on

Nasdaq falls shook Asian bourses. So why are fund managers still bullish in Taiwan?

Has the Taiwan government found the delicate balance of market intervention that is more right and less wrong

The Taiwan government said this morning that it would use its NT$500 billion $16.5 billion National Stabilization Fund to shield its markets in anticipation of aftershocks from NasdaqÆs record falls last week.

The quake came. And the TWSE today closed 1.4% higher,áquite remarkable when one considers major indexes in the region crashed big time.

Whatever the academic argument...

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