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  • 5 months ago
Taiwan’s benchmark Taiex closed at a record high Monday, up about 0.61%. It follow's Friday's revised 2025 GDP growth forecast, which was upgraded to 4.45%. Officials said stronger-than-expected demand for AI hardware underpinned the upgrade even as tariff uncertainty and currency swings remain risks.

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00:00Taiwan's benchmark stock index rallied on Monday, closing up about 0.6 percent to a record high.
00:07The buying spree follows the government's upgrade last Friday to its full-year economic growth forecast.
00:13Revised growth now stands at 4.45 percent, up nearly 1.5 percentage points from May's estimate.
00:20Officials say the increase is due to strong demand in AI despite tariff concerns and currency swings.
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