Taiwan ETF Bounces as New President Provides Clarity
May 23, 2016 at 15:24 PM EDT
The Taiwan country-specific exchange traded fund jumped Monday, testing its long-term trend line, after newly elected President Tsai Ing-wen pushed for closer economic ties with Southeast Asia and a possible increase in smartphone orders. The iShares MSCI Taiwan ETF (NYSEArca: EWT) rose 2.7% Monday...