Sunday, January 15, 2012

Taiwan Markets, Currency Set To Stage Brief Post-Election Rally - Wall Street Journal

--Taiwan stocks and currency likely to stage brief post-election rally.

--Investors expect President Ma Ying-jeou's China-friendly policy will continue and offer more business opportunities for Taiwanese companies and minimize cross-strait tensions.

By Aries Poon and Fanny Liu

Of DOW JONES NEWSWIRES

TAIPEI (Dow Jones)--Investors will likely give a rousing, though perhaps brief, welcome to the re-election of Taiwanese President Ma Ying-jeou, who is expected to continue a China-friendly policy that offers business opportunities for Taiwanese companies and minimizes cross-Strait tension.

For Taiwanese companies China is no longer just their biggest export market and a low-cost manufacturing base: China's surging purchasing ...


View the original article here

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