The Taiwan stock market has climbed higher in two straight sessions, surging almost 850 points or 2.3 percent to a record closing high. The Taiwan Stock Exchange now sits just above the 37,600-point plateau although it's likely to open under pressure on Wednesday.
The global forecast for the Asian markets remains grim thanks to ongoing geopolitical concerns in the Middle East. The European and U.S. markets were down and the Asian bourses are expected to follow that lead.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.