Taipei – Taiwan stocks fell 2.56 per cent on Wednesday, tracking the overnight plunge of Wall Street, with investors dumping their holdings for fear of further losses, dealers said.
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HTC’s share of the Taiwan handset market in July reached a historical high at 4.9% by volume versus Apple’s 2.3%, according to sources from Taiwan’s handset distribution channel.
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The Taiwan stock market has alternated between positive and negative finishes through the last four trading days, since the end of the two-day losing streak in which it had lost more than 15 points or 0.1 percent. The Taiwan Stock Exchange ended just above the 7,940-point plateau, but now investors are bracing for further...
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Asia Day Ahead: Bill Gross Says Mortgage Yields May Soar Without U.S. Aid
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FASTTAKES: Nokia, Qualcomm, Bharti, iiNet, Vimpelcom, Sistema Shyam
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