Taiwan's government has approved intervention in the domestic stock market as losses this week have wiped out US$365 billion in value.
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00:00Meanwhile, in Taiwan, the government has greenlit a 15 billion U.S. dollar injection into the local stock market.
00:07The money will come from the National Financial Stabilization Fund, which can be activated in times of turmoil.
00:13The move comes as the Thai X has slumped all this week in reaction to U.S. President Donald Trump's 32 percent tariff on Taiwan.
00:22The downturn has wiped 378 billion U.S. dollars in value from the exchange.