UN warns about financial risk over China's One Belt One Road project

TAIPEI (Taiwan News) – As per reports from The Economic Times, the United Nations, close on the heels of the OBOR Summit between May 14-16, has warned of economic, financial, social an...

IMF projects Taiwan GDP growth to reach 1.7% in 2017

TAIPEI (Taiwan News)—The International Monetary Fund's (IMF) forecast Taiwan's GDP growth would be modest this year, rising to 1.7 percent year-on-year (YoY) in 2017, according to t...

Business Highlights

NEW YORK (AP) — ___ Cyber Monday transforms as shoppers are more connected NEW YORK (AP) — The Monday after Thanksgiving is still a time when millions of Americans ...

Global economic agency urges more infrastructure spending

PARIS (AP) — An international economic agency says the kind of infrastructure spending promised by U.S. President-elect Donald Trump could boost global growth, but is warning that protectionist tenden...

Economic Daily News: Learning from BRIC's downfall

Goldman Sachs recently shut down its BRIC fund after years of poor returns. In 2001, Goldman Sachs then chief economist Jim O'Neil proposed the idea of a BRIC grouping (Brazil, Russia, India an...

Trade slowdown points to world recession risk, watchdog says

PARIS (AP) -- A slow-down in international trade could be a harbinger of a new recession for the world's leading economies, a leading global policy organization warned Monday.The Organization for Econ...

Taiwan 2015-16 economic performance top among '4 tigers': IMF

Washington, April. 14 (CNA) Taiwan will outperform the three other "Asian tigers" in economic growth in 2015 and 2016, the International Monetary Fund (IMF) said Thursday. In its latest World E...

IMF raises Taiwan 2014 GDP growth forecast

Washington, Oct. 7 (CNA) The International Monetary Fund (IMF) has raised its forecast for Taiwan's gross domestic product (GDP) growth in 2014 because of an unexpectedly strong recovery in exports....

IMF trims forecast for global economic growth

WASHINGTON (AP) -- The International Monetary Fund slightly lowered its outlook for global economic growth this year and next, mostly because of weaker expansions in Japan, Latin America and Europe.Th...

IMF trims forecast for global economic growth

WASHINGTON (AP) -- The International Monetary Fund has slightly lowered its outlook for global economic growth this year and next, mostly because of weaker expansions in Japan, Latin America and Europ...

IMF cuts US and global growth forecasts for 2014

WASHINGTON (AP) -- The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing econo...

HKNet Delivers New Point of Presence (PoP) to Accelerate Business Networking in Taiwan

HONG KONG & TAIPEI, Taiwan--(BUSINESS WIRE)--Jun 18, 2014--HKNet Company Limited, a subsidiary of NTT Communications, has strengthened its Asia network with the launch of a new Point of Presence (...

Indonesia promotes Morotai special economic zone in Taipei

Indonesian and Taiwanese government officials recently discussed a plan to enlarge Taiwan’s presence in Indonesia’s newly-established special economic zone in Morotai Island, according to the Central ...

IMF: World economy is stronger but faces threats

WASHINGTON (AP) -- The global economy is strengthening but faces threats from super-low inflation and outflows of capital from emerging economies, the International Monetary Fund warned Tuesday.The le...

IMF revises downward Taiwan’s GDP to 3.1%

The IMF forecasts global growth to average 3.6 percent for 2014, up from 3 percent in 2013, according to IMF’s latest world economic outlook report. In this report, IMF revises downward significantly ...