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Asian Market Updates

Taiwan Shares May Challenge 10,000-Point Level

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Taiwan stock market has climbed higher in consecutive trading days, gathering more than 120 points or 1.2 percent along the way. The Taiwan Stock Exchange now rests just shy of the 9,970-point plateau and it may add to its winnings on Monday.

The global forecast for the Asian markets is upbeat thanks to a resolution in the U.S. government shutdown and a jump in crude oil prices. The European and U.S. markets were up and the Asian markets are tipped to open in similar fashion.

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Market Analysis

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.