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Fund urges calm as TAIEX hammered - Taipei Times

The National Stabilization Fund yesterday urged calm after the TAIEX tumbled 1.38 percent, or 252.2 points, to 17,969.29, in line with global bourses after Russian President Vladimir Putin ordered troops into separatist-held regions in eastern Ukraine in what he called a “peacekeeping” mission.
The order came just hours after Putin signed decrees recognizing the independence of the Moscow-backed regions in a move that might escalate into outright military conflict with Ukraine as well as its backers, including the US and several European countries.
The TAIEX slumped below the psychologically critical 18,000-point mark after foreign institutional investors slashed holdings by NT$38.66 billion (US$1.39 ....

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