Economy

  1. Taiwan, Jobless rate edges down in January

    Taiwan's jobless rate edges down in January

    The seasonally adjusted rate was lower than those of many other countries, including Canada (9.4 percent), Hong Kong (7.0 percent), the United States (6.3 percent) and South Korea (5.4 percent), the data showed.

    Region:
    Asia
    Category:
    Economy
    Author/s:
    By Focus Taiwan
  1. Bitcoin powers towards $50K as Tesla takes it mainstream

    Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.

    Region:
    World
    Category:
    Economy
    Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.
  2. Taiwan's PMI rises to highest level in over 8 years

    The PMI for January rose 3.8 from a month earlier to 65.1, the highest since July 2012 when the monthly statistics were first compiled, according to data released by CIER, one of the country's leading economic think tanks.

    Region:
    Asia
    Category:
    Economy
    Taiwan's PMI rises to highest level in over 8 years
  3. GameStop shares plunge 60% after ban by Robinhood app

    Shares in GameStop plunged early Thursday as trading platforms including Robinhood and Interactive Brokers restricted transactions at the video game retailer alongside AMC Entertainment and other stocks that soared this week in a social media-driven trading frenzy. That rocked the stock markets.

    Region:
    World
    Category:
    Economy
    GameStop shares plunge 60% after ban by Robinhood app
  4. Taiwan shares end above 15,000 points; TSMC hits new high

     Shares in Taiwan extended their momentum Tuesday from the previous session, closing above the 15,000 point mark, as the main board remained resilient amid ample liquidity, despite a drop on United States markets overnight, dealers said.

    Region:
    Asia
    Category:
    Economy
    Author/s:
    By Focus Taiwan
    Taiwan shares end above 15,000 points; TSMC hits new high