Taiwan Export Orders Return to Growth for First Time in a Year

Taiwan’s export orders grew for the first time in more than a year, but much slower than economists had forecast, adding to tentative signs that a rebound in global demand is gathering pace.

Orders to Taiwanese companies from overseas clients grew 1% in November compared to the same month last year, according to a statement from the Economics Ministry in Taipei on Wednesday. That was much lower than the 5.2% figure forecast by economists in a Bloomberg survey.