Taiwan stocks decline

Posted by 7Star Tuesday, January 26, 2010

Taiwan stocks ended down 0.69 percent at a one-month closing low on Monday, with major tech exporters including TSMC easing in the wake of losses on Wall Street on fears of US government restrictions on banks. US President Barack Obama threatened to fight Wall Street banks on Thursday with a new proposal to limit financial risk taking, sending stocks and the dollar tumbling.

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