Geopolitical Negotiations Add Variables; Analysts: Taiwan Stocks to Oscillate at Highs, Watch Inflation Risks
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The US Dow Jones index rose over 1.7%, while Taiwan stocks hit a new high before pulling back, with major institutions selling. PCB firm Zhen Ding-KY's subsidiary plans an IPO in Hong Kong, UMC will raise wafer prices, and a Wistron subsidiary acquired a US factory.