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  • 2 days ago
Taiwan's benchmark Taiex rebounded on Tuesday after posting one of its steepest declines in recent history on Monday. Other Asian markets also bounced back. Most of the volatility has centered around AI and tech stocks, which took a big tumble in US markets last Friday

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00:00Taiwan's stock market rebounded on Tuesday after taking one of the steepest drops in recent history.
00:07The benchmark index TAIX closed up 2.76%. That's after falling nearly 3.5% on Monday.
00:16Other Asian indexes also bounced back, with Korea's KOSPI up about 3% earlier in the day.
00:23Most of the volatility has centred around AI and tech stocks, which took a big tumble in US markets last
00:29Friday,
00:30especially in the tech-heavy Nasdaq, which saw its biggest single-day drop in history.
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