Emerging-Market Stocks Fall on Chips Tariff Threat, Taiwan Probe
12 Articles
12 Articles
Emerging-Market Stocks Fall on Chips Tariff Threat, Taiwan Probe
Semiconductor stocks sent the emerging-market equity benchmark lower as US President Donald Trump’s threat to raise tariffs on the sector and an investigation into a theft of trade secrets at Taiwan Semiconductor Manufacturing Co. spooked investors. Developing currencies fluctuated.
Taiwan shares end down as Trump signals semiconductor tariffs - Focus Taiwan
Taipei, Aug. 6 (CNA) Shares in Taiwan fell sharply Wednesday, dragged down by semiconductor stocks, after U.S. President Donald Trump said he would announce new tariffs on chips "within the next week or so," dealers said.
Emerging Currencies Rise, Stocks Trim Losses Amid Risk-On Mood
Emerging-market currencies extended their earlier gains, while stocks trimmed losses as the latest remarks by Federal Reserve official Neel Kashkari weighed on the dollar and boosted risk appetite.The MSCI index for developing currencies gained as much as 0.2%, led by the Colombian peso and South African rand, while a similar gauge for equities edged lower. Kashkari said the US economy is slowing, making an interest-rate cut in the near term app…
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