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 against market intervention, the practice is gaining momentum. Following todayÆs 7% fall in the Nikkei, the Japanese government also is contemplating a 1 trillion yen $9.45 billion rescue fund to prop up the market. Protests...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222