$16 billion for Taiwan stock market

A woman stands in front of stocks displays in downtown Taipei on yesterday. Taiwan’s weighted index surged 303.84 points, or 4.56 per cent at 6,966.48 on a pledge by the authorities that they plan to spend up to $16 billion on shares to prop up the...

A woman stands in front of stocks displays in downtown Taipei on yesterday. Taiwan’s weighted index surged 303.84 points, or 4.56 per cent at 6,966.48 on a pledge by the authorities that they plan to spend up to $16 billion on shares to prop up the island’s sagging stock market.

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