Vietnam, Taiwan reap biggest benefits from US-China trade war

TAIPEI (Taiwan News) — Vietnam and Taiwan have seen the largest surges in exports to the U.S. as its trade war with China rages on, according to data from Statista. On Monday (Nov. 18), Germa...

Mysterious radar ship spotted off coast of S. Taiwan

TAIPEI (Taiwan News) — Photos have recently surfaced apparently showing a naval vessel prowling the waters off the coast of southern Taiwan with a massive newly mounted radar tower on top, leadi...

Marshall Islands could flip allegiance from Taiwan, US to China

TAIPEI (Taiwan News) — Diplomatic relations between the Marshall Islands and Taiwan and the U.S. are on the line after a general election commenced on Monday (Nov. 18). The Marshall Islands, ...

Business Highlights

___ Fed’s Powell sees steady growth, signals pause in rate cuts WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell expects the U.S. economy to keep growing at...

Fed’s Powell sees steady growth, signals pause in rate cuts

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows s...

Sour grapes: Trade war puts cork in US wine sales to China

LIVERMORE, Calif. (AP) — Caught in the crossfire of President Donald Trump’s trade war with China, U.S. vineyards are struggling to sell Syrah in Shanghai and Chardonnay in Shenzhen. They risk losing ...

Top Democrat assails Trump's $16B trade bailout for farmers

MINNEAPOLIS (AP) — A top Democrat says President Donald Trump's $16 billion bailout for farmers hurt by the trade war with China unfairly picks winners and losers, pitting the South against the North ...

Taiwan warns of attack if China's economy keeps crumbling

TAIPEI (Taiwan News) — Taiwan's Foreign Minister Joseph Wu (吳釗燮) on Wednesday (Nov. 6) said that Taiwan will need to brace itself for a "military conflict" if China's economy c...

Consumer borrowing rises, led by more auto and student loans

WASHINGTON (AP) — Consumer borrowing rose in September at a modest pace, driven by more student and auto loans, though a category that mostly includes credit cards fell for the second straight month. ...

Why Trump tariffs haven't revitalized American steelmakers

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers...

Why Trump tariffs haven't revitalized American steelmakers

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers...

Why Trump tariffs haven't revitalized American steelmakers

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers...

US economy grows at modest 1.9% rate in third quarter

WASHINGTON (AP) — The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war unc...

Fed is expected to cut rates but may offer little guidance

WASHINGTON (AP) — The Federal Reserve is set to cut its benchmark interest rate Wednesday for a third time this year to help sustain the U.S. economic expansion in the face of widespread trade tension...

Here's the single phrase to watch for from the Fed this week

WASHINGTON (AP) — Economists and investors who are trying to get a fix on what the Federal Reserve may do in the months ahead have zeroed in on a single phrase in the statement it has issued after its...