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Hon Hai Leads Revenue Decline Of Taiwan Stock Exchange Listed Companies

February 17, 2020 by Jonathan Custer

The combined revenue of companies listed on the Taiwan Stock Exchange (TWSE) fell 10.73 percent last month from a year earlier to NT$2.46 trillion (US$81.85 billion) due to weak demand and a high comparison base. This compares to the 0.98 percent growth a month earlier and a mild decline of 0.04 percent for last year, …

COTD: Covid-19 Risk To Manufacturing

February 15, 2020 by Jonathan Custer

COTD – Chart of the Day The holiday is over, but few people are back in offices and factories…the effects of covid-19 will be like those of SARS in 2003: a sharp shock to Chinese growth, followed by a strong rebound. But SARS may not be a reliable guide. China’s economy accounts for 16% of GDP …

U.S. Industrial Production Fall -0.3% In December, Electronics Up

February 14, 2020 by Jonathan Custer

The Federal Reserve Board reported Industrial Production this morning, Industrial production declined 0.3 percent in January, as unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft. The index for manufacturing edged down 0.1 percent in January; excluding the production of aircraft and parts, factory …