Taiwan Stock Market Touches 40,000 Points, New Taiwan Dollar Rises for 2nd Straight Day to Close at 31.467
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The Taiwan stock market briefly broke the 40,000-point mark today, driving the New Taiwan Dollar to its second consecutive rise, closing at NT$31.467, a two-month high. However, foreign investors turned into net sellers, raising concerns about future currency movements amidst profit-taking and uncertainties regarding US interest rate policies.