(11 Mar 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Taipei City – 11 March 2025
1. Various of Taiwan Stock Exchange logo at showroom entrance in the Taipei 101 financial tower
2. Various of tickers and sign showing “Welcome to the Taiwan Stock Exchange” on the ceiling of the showroom
3. Wide of screens with indexes with Taiwan Stock Exchange logo at the front
4. Various of screens showing Taiwan stock market opening at 22,460 points and falling over 690 points to 21,769 points shortly after opening and gradually recovering
5. Various of exterior of Taipei 101 that hosts the Taiwan Stock Exchange
STORYLINE:
Asian benchmarks are diving as worries grew about the ripple effects from President Donald Trump’s tariffs on regional economies and companies.
Benchmarks declined in Tuesday morning trading in Japan, Australia, South Korea and China.
Taiwan’s stock market opened at 22,460 points and fell over 690 points shortly after opening Tuesday morning to 21,769 points.
The regional fall followed the sell-off on Wall Street, where the S&P 500 fell 2.7% after coming off its worst week since September.
The Dow Jones Industrial Average dropped 890 points, and the Nasdaq composite sank 4%. Elon Musk’s Tesla fell to one of the market’s sharpest losses, as did airlines and other companies that need U.S. shoppers feeling confident enough to spend.
AP Video by Taijing Wu
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