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Taiwan surprises as investment winner

The Taiwan dollar is the only currency in Asia to climb against the resurgent greenback since the US election

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While the global smartphone market has been slowing, TSMC has still posted better-than-projected earnings last quarter as the company enlarged its share of the iPhone business and took advantage of growing demand from Chinese phone makers.

Taipei

TAIWAN is proving a surprising investment winner under US President Donald Trump.

The island is home to the only currency in Asia to climb against the resurgent greenback since the US election. Against a backdrop of the new president starting to make good on protectionist...

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