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Taiwan dollar’s stunning rally spells trouble for tech, insurers

Business Mirror LogoBusiness Mirror13h ago

Taiwan dollar’s stunning rally spells trouble for tech, insurers - Business Mirror

Quick Summary:

A surging Taiwan dollar is aggravating concerns about the competitiveness and earnings prospects of local firms that form the backbone of global tech supply chains.

The Taiwan dollar’s gains has also put the island’s insurance firms in the spotlight, thanks to their huge pile of US Treasuries and corporate debt.

The island, which Morgan Stanley estimates to have the widest revenue exposure to the US among emerging markets and Asian peers, is particularly vulnerable to higher tariffs and excessive currency appreciation.


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Article Details

Author / Journalist: Charlotte Yang | Bloomberg

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 11:30:53 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 699 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 28492401

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 83 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

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The story "Taiwan dollar’s stunning rally spells trouble for tech, insurers" was covered 13 hours ago by Business Mirror, a news publisher based in Philippines.

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Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news.

The outlet is headquartered in Philippines and publishes an average of 83 news stories per day.

It's most recent story was published 9 hours ago.

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