Taiwan Shares May Open Under Water Again On Wednesday

(RTTNews) - The Taiwan stock market has finished lower in two straight sessions, dropping more than 525 points or 1.2 percent in that span. The Taiwan Stock Exchange now sits just above the 47,630-point plateau and it's expected to open in the red again on Wednesday. The global forecast for the Asian markets is flat to lower ahead of key U.S. inflation data. The European and U.S. markets were down and the Asian bourses are expected to follow that lead. The TSE finished modestly lower on Tuesday following losses from the financial shares, technology stocks and communications companies. For the day, the index tumbled 392.64 points or 0.82 percent to finish at 47,631.96 after trading between 47,573.09 and 48,045.13.