Taipei - Taiwan stocks finished 3 per cent lower Tuesday as uncertainties over the island's and the global economy dampened investor sentiment, dealers said.
The benchmark Taiex index dropped 134.62 points, or 3.03 per cent, to close at 4,305.18.
Taiex opened sharply lower in reaction to Wall Street's overnight fall, caused by US banking giant Citigroup's announcement of massive lay-offs.
Taipei - Taiwan said Tuesday it will issue purchase vouchers to boost spending and pull the retail sector out of recession.
Premier Liu Chao-shiuan said that the government plans to allocate 82 billion Taiwan dollars (2.48 billion US dollars) to issue purchase vouchers to every citizen.
Each voucher is worth 3,600 Taiwan dollars (109 US dollars) and should be used within one year of its issuance. "We plan to issue it as soon as possible, maybe around the Chinese New Year holidays (February 2009)," he told a news conference.
Taipei- Taiwan's former vice president Lien Chan Monday headed to Peru for the November 22 leaders' summit of the Asia Pacific Economic Cooperation (APEC) forum, becoming the highest-ranking envoy from the island to attend the annual event.
Leading a 13-member delegation of foreign and economic affairs experts and officials, Lien was to stop at New York for three days before flying to Lima on November 20.
Taipei - The lawyer for Taiwan's ex-president Chen Shui-bian applied for Chen's release from detention Monday as the former leader's hunger strike is threatening his life.
Attorney Cheng Wen-lung made the request after visiting Chen at the Far Eastern Memorial Hospital, where Chen was admitted Sunday evening after having fasted for five days, since he was detained at the Taipei Detention Centre last Wednesday.
Taipei - Officials of the detention centre holding Taiwan's ex-president Chen Shui-bian said they would resort to force feeding if he does not end his hunger strike, according to press reports.
Chen began his fast Wednesday morning after he was after he was taken to the Taipei Penitentiary on charges of embezzlement, and his health has begun to suffer, cable TV channel CTI reported.
Taipei - Taiwan stocks finished 3 per cent lower Tuesday as uncertainties over the island's and the global economy dampened investor sentiment, dealers said.
Taipei - Taiwan said Tuesday it will issue purchase vouchers to boost spending and pull the retail sector out of recession.
Taipei- Taiwan's former vice president Lien Chan Monday headed to Peru for the November 22 leaders' summit of the Asia Pacific Economic Cooperation (APEC) forum, becoming the highest-ranking envoy from the island to attend the annual event.
Taipei - The lawyer for Taiwan's ex-president Chen Shui-bian applied for Chen's release from detention Monday as the former leader's hunger strike is threatening his life.
Taipei - Officials of the detention centre holding Taiwan's ex-president Chen Shui-bian said they would resort to force feeding if he does not end his hunger strike, according to press reports.
