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Factories in Taiwan witness worst supply-chain delays

Bloomberg Factories in Taiwan faced the longest delays on record in securing raw materials and components in February as they worked overtime to keep up with surging demand from clients overseas. Manufacturers cited low stock levels at suppliers, a shortage of freight containers and delayed shipping schedules as main reasons for the biggest delays since records began nearly 17 years ...

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Hong Kong exploring SPAC listings to get in on deal boom

Bloomberg Hong Kong is exploring allowing listing of special purpose acquisition companies (SPAC), jumping into a market that has sparked a frenzy of US dealmaking. The government has asked the Hong Kong exchange and the city’s financial regulator to look into having SPACs list, according to Financial Secretary Paul Chan. The aim is to allow the new fundraising arrangements, while ...

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South Korea’s manufacturing powers ahead

Bloomberg South Korea’s manufacturing activity expanded at the fastest pace in a decade in February, even as the Lunar New Holiday across Asia cut demand and spurred a slowdown in China. A report from IHS Markit showed a purchasing managers’ index for Korean manufacturing jumped to 55.3 last month, rising further above the 50-threshold that separates expansion and contraction to ...

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