News Snapshot:
Taiwan shares slide 3% as fresh COVID-19 outbreaks stoke recovery concerns * China April factory output slows, retail sales miss forecasts * Thai Q1 GDP contracts less than expected May 17 (Reuters) - Taiwan stocks closed 3% lower on Monday, leading declinesacross most of Asia's emerging markets, as curbs to contain new COVID-19outbreaks fuelled worries that the region's nascent economic recovery will bederailed. The island's premier looked to reassure investors that the fundamentals ofthe trade-dependent economy remain strong as new restrictions went into effectover the weekend. In neighbouring South Korea and Japan, shares closed under1% lower. The Indonesian stock market,...
