IMF downgrades outlook for world economy, citing trade wars

WASHINGTON (AP) — The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis primari...

Taiwan ranked 17th richest country in world

TAIPEI (Taiwan News) -- Taiwan was ranked as the 17th richest country in the world by Global Finance Magazine based on per capita income and adjusted for purchasing power. In its latest report on r...

Business Highlights

___ Uber reveals finances as it gears up for IPO SAN FRANCISCO (AP) — Uber is providing a look under the hood of its business in the lead-up to its hotly anticipate...

China says trade talks with US 'moving forward'

BEIJING (AP) — China says trade talks with the U.S. are "moving forward" after nine rounds of consultations aimed at ending a standoff that has shaken the world economic outlook. For...

IMF forecasts Taiwan GDP growth at 2.5% for 2019, 2020

The International Monetary Fund (IMF) forecast that Taiwan's gross domestic product (GDP) will grow 2.5 percent in 2019 and 2020 in its latest World Economic Outlook report released Tuesday. Th...

IMF forecast: Global growth will weaken this year to 3.3%

WASHINGTON (AP) — The International Monetary Fund is downgrading its outlook for growth in the United States, Europe, Japan and the overall global economy and points to heightened trade tensions as a ...

IMF forecast: Global growth will weaken this year to 3.3%

WASHINGTON (AP) — The International Monetary Fund is downgrading its outlook for growth in the United States, Europe, Japan and the overall global economy and points to heightened trade tensions as a ...

Asian markets follow Wall Street higher

BEIJING (AP) — Asian markets followed Wall Street higher Tuesday as investors watched for Brexit developments and corporate earnings. Benchmarks in Shanghai, Hong Kong and Seoul gain...

US stocks retreat, on pace for first drop in nearly 2 weeks

NEW YORK (AP) — U.S. stock indexes pulled back on Monday, putting at least a temporary halt to their weekslong advance. The early drop comes at the beginning of a busy week for markets. ...

Asian shares mixed after China-US trade talks show progress

BANGKOK (AP) — Shares were mixed in Asia on Monday after trade talks between China and the U.S. wrapped up with officials on both sides claiming progress and the U.S. government reported a strong rebo...

Asian shares mixed after China-US trade talks show progress

BANGKOK (AP) — Shares were mixed in Asia on Monday after trade talks between China and the U.S. wrapped up with officials on both sides claiming progress and the U.S. government reported a strong rebo...

China news agency: ‘New progress’ in US trade talks

WASHINGTON (AP) — China’s official news agency says U.S.-Chinese trade talks “achieved new progress” in Washington this week and remaining issues will be handled through &ldquo...

China news agency: 'New progress' in US trade talks

WASHINGTON (AP) — China's official news agency says U.S.-Chinese trade talks "achieved new progress" in Washington this week and remaining issues will be handled through "various effective means." ...

IMF warns of approaching ‘economic storm’ as growth slows globally

TAIPEI (Taiwan News) – An “economic storm” looms as global growth fails to meet expectations, the International Monetary Fund warned on Sunday. In an address at the World Governme...

IMF revises Taiwan's GDP growth forecasts upward for 2018, 2019

TAIPEI (Taiwan News) - Amid heightened US-China tensions, the International Monetary Fund (IMF) revised Taiwan's GDP growth forecasts for 2018 and 2019 upward to 2.7% and 2.4% respectively in its ...