

Thetwo economies now risk entering a tech version of the “resource curse,” writes William Pesek.

/PRNewswire/ -- Fly On Wall Street News Commentary - Taiwan's benchmark stock index was up 62% this year, the best showing of any major equity gauge in the

IFP Advisors Inc increased its holdings in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 26,519.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,505 shares of the exchange traded fund's stock after buying an additional 53,304 shares during the period. IFP


Seoul's circuit breakers fired before most U.S. investors finished their morning coffee, and a surprise inflation print from Washington is making a bad situation worse for anyone holding Korean chipmakers.

Asian stocks diverged on Wednesday as South Korea's KOSPI extended its retreat while Japan's Nikkei 225 held close to 70,700, showing how differently the region's two chip-heavy markets are absorbing high US yields, firm oil and stretched AI valuations. The KOSPI fell 1.16% to 6,860.73 by 11:20 am in Seoul as foreign investors sold a net 1.16 trillion won of shares and institutions also turned sellers.

Envestnet Asset Management Inc. boosted its stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 55.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,996 shares of the exchange traded fund's stock after acquiring an additional 11,773 shares

Asian market opened the week firmer on Monday as a sharp slowdown in US hiring pushed investors towards a Federal Reserve pause this month, giving rate-sensitive technology stocks room to rebound. Japan led the advance, with the Nikkei 225 jumping 2.5% above 70,000 to a three-month high, while Taiwan's Taiex gained about 2.6%.