Fri, Jun 09, 2006 - Page 12 News List

Global jitters send TAIEX slumping

UNCERTAINTIES Markets across Asia dropped significantly, with the local benchmark index falling 4.3 percent owing to global monetary and domestic political concerns

By Amber Chung  /  STAFF REPORTER

The US-based investment bank recommended telecommunications and chemical plays, as these sectors should be quite defensive in the current unstable environment while offering high cash dividend yields.

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