Reported 7 months ago
Central Bank Governor Yang Chin-lung presided over a press conference on June 13, 2024, highlighting the recent surge in Taiwan's stock market, largely fueled by local investments, amid a global trend of rising stocks buoyed by the AI boom and a resilient US economy post-Fed interest rate shifts. Emphasizing the need for caution despite the market highs, Yang pointed out the positive impacts of Taiwan's tech strengths, particularly in AI hardware showcased at COMPUTEX, attracting foreign investor interest in the electronics industry and positively impacting forex market dynamics and economic development.
Source: YAHOO