China slapped a ban on more than 100 Taiwanese food manufacturers late last night, affecting potentially up to around 3,000 products, ahead of the expected visit of US House of Representatives Speaker Nancy Pelosi later today, August 2. The General Administration of Customs of China made a surprise announcement late last night shortly after it became apparent that Pelosi would visit Taiwan, despite the country not being mentioned on the official itinerary of her Asian tour. Chinese customs authorities  cited

Taiwan’s Capitalization Weighted Stock Index (TAIEX) fell more than 300 points (2.19%) Monday after US markets marked a bearish 5-week-long losing streak Friday. Affected by high inflation, rising interest rates, and declines in corporate profits, Taiwan stocks fell to an almost one year low at prices not seen since May 21 last year. The TAIEX opened at 16,345.8, 62 points down from Friday’s close, and tumbled more than 200 points in early trading. After a brief rebound the decline continued

The Taiwan Stock Exchange Weighted Index (TAIEX) fell almost 500 points, breaching the 16,000 barrier to close at 15,953 points, a drop of 3.03% from the yesterday’s close of 16,452, falling below the 5-day, 10-day, and monthly moving average on the last day of trading for the month today, Friday, February 26. The trading day saw a large volume sell-off in late trading, including a single transaction that saw 34,323 shares of TSMC (TWSE: 2330) shares sold worth a total