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.
Natural gas prices in Europe skyrocketed on Wednesday after Poland and Bulgaria were hit by a supply freeze from Russia in response to the countries’ refusal to pay for deliveries in rubles. May futures on the Netherlands-based TTF trading hub climbed to $1,374 per 1,000 cubic meters on Wednesday morning, or nearly $125 per megawatt-hour…