Technology Rival Taiwan Set to Trump South Korea
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They’re both technology heavy, export dependent economies located in Asia, but when it comes to their stock market performance this year, that’s about where the similarities end for South Korea and Taiwan.
While Taiwan’s benchmark Taiex Index is the second-best performing stock market among emerging Asia economies this year with a 12% gain, South Korea’s Kospi Index is one of the worst with a 1% advance amid a sluggish economy and ramping trade tensions with Japan.