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Taiwan stocks shed nearly 3 per cent on Wall Street falls

Business Materials 1 September 2008 08:59 (UTC +04:00)

Taiwan stocks shed nearly 3 per cent in mid-morning trading Monday on renewed concerns that the US economic slump may hurt demand for Asia's exports. ( dpa )

One hour after the stock market had opened, the TAIEX index fell 184.80 points, or 2.62 per cent, to 6,861.31.

Stocks in other Asian countries also were down Monday morning, reacting to Wall Street falls on Friday.

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