Shares in Taiwan on Saturday extended their losses from the previous session, closing down more than 110 points as investor sentiment was hurt by growing fears of an interest rate hike by the U.S. Federal Reserve, dealers said.
The Taiwan Stock Exchange (TWSE) has joined forces with Zurich-headquartered financial giant Credit Suisse to promote fundamentally sound Taiwan-listed companies to global investors.
Oil prices retreated Friday, taking a chunk out of the previous day's rally as investors digested data suggesting last week's plunge in U.S. stockpiles was likely a one-off.
Oil prices rose built on recent gains Thursday thanks to a softer U.S. dollar and industry data indicating U.S. stockpiles sank last week.
Oil prices rallied in Asia on Wednesday on the back of a weaker dollar but scepticism that key producers will agree to limit output at an upcoming meeting kept gains in check.
The U.S. dollar edged up marginally Tuesday after the previous day's drop but gains were limited by doubts over a U.S. interest rate hike this month.
Crude prices rose in Asia Tuesday after Russia and Saudi Arabia pledged to work on addressing a global supply glut, but analysts said gains would be limited after the two sides provided scant detail about their plans.
China agreed to steps toward reducing its politically volatile steel exports but avoided binding limits as leaders of major economies ended a summit Monday with a forceful endorsement of free trade and a crowded agenda that included the Koreas, Syria and refugees.
London's stock market fell Monday on a rallying pound, while eurozone indices rose further after a pre-weekend surge triggered by well-received U.S. jobs data.
Oil prices weakened further Thursday with sentiment weighed down by a sharp rise in U.S. crude stockpiles, dealers said.