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Taiwan weighs raising COVID warning after spike in local cases

Specter of stricter measures triggers sharpest ever fall in island's stock market

People wearing protective face masks walk towards a metro station in Taipei on Tuesday.   © Reuters

TAIPEI -- Taiwan's government warned Wednesday it is considering imposing its strictest movement restrictions since the onset of the pandemic, triggering the sharpest ever daily fall in the island's stock market.

Health Minister Chen Shih-chung initially said the COVID-19 warning level would be raised to level three of four in the afternoon, before saying it might be issued "in the coming days."

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