Taiwanese financial holding companies reduced their exposure to the US by over TWD165bn (USD5.14bn) in the third quarter, though the US remains their largest debtor, according to the Financial Supervisory Commission. Total exposure to the US market stood at TWD9.67tr at the end of September, marking the steepest decline among foreign debtors. The reduction reflects caution amid uncertainties following the US presidential election. International exposure of Taiwan's financial firms decreased by TWD196.31bn to TWD27.83tr, while domestic exposure increased by 1.54% to TWD45.34tr. China is the second-largest debtor at TWD2.2tr, followed by France and the UK. Only Japan, Australia, and South Korea saw increased claims from Taiwanese firms.