Financial Times FT.com

Taiwan data defy regional weakness

By Kevin Brown in Kuala Lumpur and Tim Johnston in Bangkok

Published: November 26 2009 12:55 | Last updated: November 26 2009 17:23

Taiwan reported a big bounce in gross domestic product for the third quarter on Thursday. But figures from Singapore and the Philippines indicated possible weakness, underscoring the uncertain prospects of Asia’s mid-sized economies.

Taipei said its economy, powered by exports, expanded by 8.3 per cent between July and September on a quarter-on-quarter, seasonally adjusted, annualised basis. The rise was below the rate of the previous quarter but well above market estimates.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this