00:00Taiwan's stock market rebounded after taking a dive in early trading on Monday as selling
00:05hit semiconductor heavyweights.
00:07The country's benchmark TAI-X closed down 0.68 percent, recovering from a steeper drop.
00:14Taiwanese tech firms TSMC, MediaTek and ASE led the decline.
00:19Vanguard International Semiconductor hit the downward limit on daily trading after TSMC
00:24announced plans to sell its stake, further weakening investors' sentiment.
00:28The sell-off comes as global markets face pressure from rising oil prices amid tensions
00:33in the Middle East, feeling fears of inflation and expectations that interest rates could
00:38stay higher for longer.
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