Stock Market

Taiwan stocks ended down 2.47 percent at a one-month closing low on Friday, with bank shares including Cathay Financial down after the United States proposed tough restrictions on banks that could squeeze profits. The main TAIEX share index finished down 200.56 points at 7,927.31, its lowest close since December 23 and the biggest one-day percentage fall since November 27, when the TAIEX slid 3.2 percent on fears over Dubai's debt problems.