Orders in March shrank by more than 25% against last year, dropping for a seventh consecutive month The global hi-tech hardware powerhouse, Taiwan, has seen its export orders drop at a record pace amid shrinking demand on semiconductors, the South China Morning Post reported this week, citing data from the country’s Ministry of Economic Affairs.
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US Federal Reserve Chair Jerome Powell on Thursday vowed to do whatever it takes to tackle inflation but admitted he can’t control some cost spikes, including food and prices at the pump. Powell told the Senate Banking Committee he doesn’t expect gas or grocery prices to fall as a result of the Fed’s campaign of…
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