00:00Markets in Taiwan and across Asia bounced back Thursday after steep falls earlier this week,
00:06driven by fears over how the war in Iran will affect energy prices.
00:11Taiwan's Tayex closed up more than 2%, though still about 5% lower than last Thursday,
00:17the last close before the war began.
00:20That trend was seen across Asia.
00:22South Korea's KOSPI closed up more than 9% after a 12% single-day fall this week,
00:28its worst ever daily drop.
00:30Taiwan's Cabinet says despite the war, the economy has been relatively stable.
00:56The Cabinet has also extended tax relief on key role materials,
01:00and activated an energy response team to secure alternative supply routes.
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