Taiwan Stocks Decline as US-China Tensions Sap Risk Appetite
- Benchmark Taiex falls as much as 2.1%, TSMC slides 3.1%
- Investors worried about escalating US-China tensions
This article is for subscribers only.
Taiwan stocks fell after an expected visit by US House Speaker Nancy Pelosi renewed concerns over an escalation of US-China tensions.
The benchmark Taiwan Stock Exchange Weighted Index declined as much as 2.1%. Shares of Taiwan Semiconductor Manufacturing Co. sank 3.1%.