Top PC manufacturer, Acer Group may delay a scheduled $200m international share sale because of Taiwan’s recent stock market slump which saw the company’s shares shedding 13% last month. The Central News Agency reported that Acer directors will recommend scrapping the sale since foreign investors have become more wary of the prospects for Taiwan stocks. Taiwan had a 1998 trade surplus of $5.9bn down 22.9% from 1997. Exports totaled $110.64bn, down 9.4%. The one bright spot was Taiwan’s exports to Europe, which grew by nearly 8% with Europe accounted for 18.4% of Taiwan’s exports last year.
