Taiwan's 2021 economic growth forecast at 4.8%
The latest growth forecast by the Taipei-based think tank was 1.07 percentage points higher than its prediction late last year of a 3.73 percent increase for 2021.
Economy
![Taiwan's 2021 economic growth forecast at 4.8%]()
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.
![Taiwan, Jobless rate edges down in January]()
Biden extends mortgage relief, ban on home foreclosures through June 2021
The Biden administration issued a statement Tuesday announcing that the mortgage forbearance and foreclosure protection programs will be extended through June 30. The protections were due to expire on March 31.
![Biden extends mortgage relief, ban on home foreclosures through June 2021]()
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.
![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.]()
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.
![Taiwan's PMI rises to highest level in over 8 years]()
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.
![GameStop shares plunge 60% after ban by Robinhood app]()
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.
![Taiwan shares end above 15,000 points; TSMC hits new high]()
Bitcoin rallies above $30,000 for first time
Bitcoin advanced more than 300% in 2020
![Bitcoin rallies above $30,000 for first time]()
