Tide turns for Taiwan

Emerging markets have been all the rage this year, but, unusually, the rising tide has not lifted all boats.

Emerging markets have been all the rage this year, but, unusually, the rising tide has not lifted all boats.

In Asia, the more popular markets (in South Korea, for example) have risen upwards of 40% already in 2005. However, over in Taiwan investors have had a tougher time of it: there, stocks have actually fallen 6% year to date.

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