JAKARTA, May 17 (Reuters): Taiwan stocks closed 3% lower on Monday, leading declines across most of Asia's emerging markets, as curbs to contain new Covid-19 outbreaks fuelled worries that the region's nascent economic recovery will be derailed.
The island's premier looked to reassure investors that the fundamentals of the trade-dependent economy remain strong as new restrictions went into effect over the weekend. In neighbouring South Korea and Japan, shares closed under 1% lower.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
