Taiwan stocks tumble as investors dump risky assets
Taiwan stocks tumbled over 4 percent by midday on Friday after a 3.06 percent decline in the previous session, as investors continued to dump risky assets on worries over a global recession.
Taiwan stocks were flat after a slight decline at the open on Friday as caution remained over risky assets due the eurozone's troubles, while Ta Chong Bank tumbled after the collapse of a bid for it.