Taiwan markets jittery after President shot

Taiwan markets were nervous on Friday after President Chen Shui-bian survived an assassination attempt on the eve of a presidential election. The central bank said it would intervene to stabilise the currency where necessary.

Stock markets had closed for the week when Chen and Vice President Annette Lu were shot and wounded while campaigning in southern Taiwan.

The Taiwan dollar dipped 0.2 percent on the shooting but ended trade only slightly weaker, due to what dealers said was intervention by