MarketWatch reports:
Stocks in Taiwan slumped 5% on Thursday, leading a selloff in Asia as investors returned from the Lunar New Year holiday to face mounting concerns the spreading coronavirus outbreak.
Fed chief Jerome Powell said Wednesday that the U.S. economy is in good shape, in announcing that the central bank left unchanged a key interest rate that influences borrowing costs. But he also said the Fed is closely monitoring the severity …
The post MW: Taiwan stocks sink 5%, led by Apple supplier Foxconn as coronavirus worries pummel Asian markets appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "MW: Taiwan stocks sink 5%, led by Apple supplier Foxconn as coronavirus worries pummel Asian markets"