(Bloomberg) -- Taiwan's stocks rose to a six-year
high, posting the biggest fluctuation among markets included in
global benchmarks. Cathay Financial Holding Co. led insurers
higher after lawmakers approved a bill allowing them to invest
more of their assets overseas.
``Parliament's decision gives more room for Taiwan insurers
to maximize profitability by investing globally,'' said Yin Nai-
yun, who oversees $172 million at Prudential Securities
Investment Trust Enterprise in Taipei.
Read more at Bloomberg Stocks News
high, posting the biggest fluctuation among markets included in
global benchmarks. Cathay Financial Holding Co. led insurers
higher after lawmakers approved a bill allowing them to invest
more of their assets overseas.
``Parliament's decision gives more room for Taiwan insurers
to maximize profitability by investing globally,'' said Yin Nai-
yun, who oversees $172 million at Prudential Securities
Investment Trust Enterprise in Taipei.
Read more at Bloomberg Stocks News
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