Taiwan's 2019 GDP growth forecast to hit 2.46%: DGBAS

Balking a forecast from a world body on Taiwan's economy in 2019 amid a weakening global economy, the government is confident that the domestic economy will expand by more than 2 percent this year...

Taiwan's average regular wage rises 2.22% in August

The average regular wage in Taiwan rose 2.22 percent from a year earlier in August, after a revised 2.49 percent year-on-year increase in July, indicating the local labor market has seen some impact f...

After ending protests, Ecuador faces dire economic outlook

QUITO, Ecuador (AP) — President Lenín Moreno survived the toughest political crisis of his presidency by negotiating an end to indigenous anti-austerity protests. Now he faces an even tougher challeng...

Does it matter if Taiwan loses formal recognition?

In September 2019 both Solomon Islands and Kiribati ended diplomatic relations with Taiwan (formally the Republic of China), leaving the country with formal recognition from only 15 countries. This...

Malaysia offers incentives to boost growth in 2020 budget

KUALA LUMPUR, Malaysia (AP) — Malaysia's government is offering investment incentives and wide-ranging financial goodies for ethnic Malays and the poor but is hiking taxes for the rich in a smaller na...

Taiwan’s economic outlook may not be so rosy in 2020

TAIPEI (Taiwan News) — A sluggish economy can be expected for Taiwan in the coming year, said the island’s leading business tycoons on Monday (Oct. 7). Wang Wen-yuan (王文淵), president of...

‘We fear Hong Kong will become just another Chinese city’

This exclusive interview with Martin Lee took place in Hong Kong’s Wan Chai district last weekend. Martin Lee Chu-ming is affectionately known as the “grandfather of Hong Kong democra...

India's central bank cuts key interest rate for fifth time

NEW DELHI (AP) — India's central bank has cut its key interest by a quarter of a percentage point to 5.15%, a fifth consecutive reduction, and has also lowered its economic growth forecast for the 201...

Editorial Roundup: Excerpts from recent editorials

Oct. 1 The Fort Worth Star-Telegram on the guilty verdict for a white former police officer who shot and killed an unarmed black man: Dallas County jurors made a po...

Asian shares track Wall St losses on weak US factory data

BANGKOK (AP) — Asian shares followed U.S. stocks lower after a disappointing update on American manufacturing that stirred worries about the economic outlook. Japan's Nikkei 225 inde...

DHL Global Trade Barometer: World trade at crossroads

The DHL Global Trade Barometer (GTB) forecasts a mild decline in world trade. The overall index fell by -1 point to 47, indicating that global trade will lose further momentum over the next three mont...

Author of Polish market reforms defends legacy amid backlash

WARSAW, Poland (AP) — The radical free-market reforms that Leszek Balcerowicz designed for Poland three decades ago put the country on a path toward spectacular economic growth. Now ...

Yunlin County Taiwan's top agricultural producer for fourth year running

TAIPEI (Taiwan News) — According to data recently reported by the Directorate General of Budget, Accounting and Statistics of the Executive Yuan, Taiwan’s highest agricultural yield in 201...

Taiwan lauds progress on greenhouse gas reduction as summit opens

Taiwan has lauded its performance on greenhouse gas emissions as the United Nations Climate Action Summit, which it is not allowed to attend, opened Monday. The Environmental Protection Administrat...

CCP soft-power victory after Voice of America publishes highly flawed article

KAOHSIUNG (Taiwan News) — Voice of America (VOA) is a U.S. government-funded state-owned news agency which broadcasts impartial news around the world while promoting the values of freedom and de...