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Taiwan shares close lower amid market volatility

The decrease follows a week of fluctuating trading conditions, where the market experienced a brief surge before settling back. Investors had initially shown optimism, buoyed by positive earnings reports from key players in Taiwan’s robust technology sector. However, this enthusiasm was tempered by broader concerns, including rising inflation rates and potential monetary policy shifts from the U.S. Federal Reserve, which have weighed on global equity markets.

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Taiwan shares rise as market gains momentum

This increase follows a volatile trading week characterized by mixed sentiments in the global market. Earlier in the week, investors were cautious due to ongoing geopolitical tensions and fluctuating economic indicators. However, positive earnings reports from key technology firms have bolstered market optimism. Taiwan's tech sector, a critical driver of its economy, has shown resilience, with major companies reporting robust financial results despite broader global uncertainties.