Taiwan's October exports rise 58.9% to record $96.76 billion

Taiwan's Finance Ministry announced that October exports rose 58.9% year on year to a monthly record of $96.76 billion, marking the 36th consecutive month of growth. Information and communications equipment exports increased 72.9% to $47.596 billion, while electronic components rose 61.4% to $32.683 billion; together, they accounted for 83% of exports. The ministry said business opportunities continued to expand in AI, high-performance computing and cloud services.