News Snapshot:
iStock Despite Beijing’s efforts to increase output from its coal mines, limits on electricity supply to industry could last through the winter months, especially if power is reserved to heat homes. Global demand for products made by Taiwanese companies defied regional headwinds and predictions of a slowdown as export orders accelerated to a record last month. Export orders grew 25.7% in September to an all-time high of $62.9 billion, Taiwan ’s economics ministry said in a statement Wednesday. Economists had forecast growth to slow to 17%, according to the median estimate in a Bloomberg survey. While the streak of robust...
