News Snapshot:
Taiwan seeks to reassure on economy as stocks fall amid COVID-19 spike (Adds economy ministry comment, updates stock movements, byline) By Ben Blanchard TAIPEI, May 17 (Reuters) - Taiwan's economic fundamentals are good with demand for export orders strong and production activities normal, and the government is prepared to stabilise the stock and foreign exchange markets if needed, the island's premier said on Monday. A sudden surge in domestic COVID-19 infections, more than 400 over the past week, and Saturday's raising of restrictions in the capital Taipei, have spooked a population that had become used to life carrying on almost...
