Taiwan on Tuesday gave the green light for a $15.3 billion fund to stabilise its troubled stock market, after fears of a slowdown in China sent shares diving. In response, the government will use the National Financial Stabilisation Fund, with its Tw$500billion of firepower, to stabilise the market during times of volatility. Beyond that, executive secretary of the restabilisation fund committee Wu Tang-chieh will be left to decide on how to invest, according to a government statement.



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