Taiwans outsized role in chipmaking has come under the spotlight as a global shortage of semiconductors forced several automakers to halt production. Countries including the U.S. and Germany reached out to Taiwan to help alleviate bottlenecks in the production of chips. The shortage was a result of increased demand for electronics during the Covid19 pandemic, […]

Japan is set to temporarily impose higher tariffs on U.S. beef, with imports for the fiscal year ending this month expected to exceed the maximum amount set under the JapanU.S. trade agreement that took effect last year, Kyodo News reported. It would be the first time the safeguard measure has been imposed on U.S. beef […]

One year since the coronavirus pandemic hit, Chinas young people are still having a hard time finding jobs. The unemployment rate for those aged 16 to 24 was 13.1 as of February, far above the national urban jobless rate of 5.5, the National Bureau of Statistics said Monday. The 13.1 young peoples unemployment rate is […]

BEIJING, March 15 Reuters New home prices in China rose at their fastest pace in five months in February, official data showed on Monday, as redhot demand for property in the worldssecond largest economy largely eclipsed government efforts to cool the market. Monthly house price gains were reported by the highest number of cities since […]

Exports and imports of goods between the United Kingdom and the European Union fell sharply in January, the first month of their new postBrexit relationship. Britains statistics office said disruption caused by the end of the transition period contributed to the fall although a new COVID19 lockdown in the country and stockpiling before the Jan. […]

With BTC again edging toward alltime highs, a large volume of money is flowing into the Bitcoin derivatives markets. According to crypto market data aggregator Glassnode, outstanding futures contracts pushed into new alltime highs on March 11, with open interest across exchanges approaching 20 billion. Options have also surged to see record volumes in 2021, […]

The British publics expectations for inflation over the next 12 months held at its lowest level in more than four years, in sharp contrast to a recent rise in market expectations, Bank of England data showed on Friday. Average expectations for inflation over the next 12 months remained at 2.7 its lowest reading since August […]

Mainland Chinese stocks have tumbled in the last few days as authorities set a relatively low GDP target and signaled a shift away from policies meant to keep the economy afloat in the wake of the coronavirus pandemic. The Shanghai composite has dropped more than 5 over the last five trading days, with losses accelerating […]

BEIJING, March 11 Reuters Auto sales in China, the worlds biggest auto market, surged 365 in February over the same month a year earlier, for their 11th month of gains, as the country leads the global industrys recovery from the COVID19 pandemic. Sales reached 1.46 million vehicles in February, data from the China Association of […]

Reuters Irelands AerCap Holdings NV on Tuesday confirmed ongoing discussions with General Electric Co to acquire its aircraftleasing business. The U.S. business, known as GE Capital Aviation Services or GECAS, is one of the worlds biggest jetleasing companies. It leases passenger aircraft made by companies including Boeing Co and Airbus SE. Reuters on Monday reported […]