iBankCoin
Joined Nov 11, 2007
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Taiwan GDP Grows, Hopes Rise for an End to the Slowdown in the Region

“The worst of the declines in Asia- Pacific economies may be moderating, as Taiwan resumed growth last quarter, South Korean production climbed for the first time in four months and Singapore’s jobless rate fell.

Gross domestic product in Taiwan grew 1.02 percent from a year earlier, after a 0.18 percent decline the previous quarter, a report showed today. South Korea’s industrial output rose 0.8 percent last month from August on stronger car and electronics sales, while Singapore’s unemployment rate eased to 1.9 percent, the lowest since the first quarter of 2011.”

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