The technology sector downturn affects stocks in Taiwan and South Korea, while Indonesia surprisingly implements a rate cut.
On Wednesday, stock markets in Taiwan and South Korea experienced declines, influenced by the downturn in chip and technology shares, which followed a selloff on Wall Street. Meanwhile, Indonesian equities experienced an uptick, and the rupiah remained largely stable after the central bank unexpectedly reduced interest rates. Shares in South Korea’s KOSPI fell 2.3% to hit their … Read more