As one of the top brass at Taiwan's Se-curities and Futures Commission, Ding Kung-Wha tries hard to be diplomatic. But please, how dare you compare Taiwan to the Philippines, which is mired in its latest insider-trading scandal? Taiwan's stockmarket regulations and corporate governance, he insists, are second only to America's. And yes, it is high time that Morgan Stanley Capital International (msci) gave Taiwan a full weighting in its regional stock indices.
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