MAY 27·grenadachronicle.com▲
Taiwan’s economy is booming thanks to AI. Not everyone sees the benefits
Taiwan’s AI-driven semiconductor boom is lifting growth, but some workers and non-tech industries say benefits are uneven. The article cites 2025 GDP growth of 8.63% and 13.69% in early 2026, exports up 34.9% to $640.7bn, and semiconductors at over 20% of GDP. It warns of a “K-shaped” economy and rising inequality.
MAY 27·isp.netscape.com▲
Asian shares are mostly higher, tracking Wall Street's fresh records, and oil prices fall
Asian markets mostly rose Wednesday after Wall Street hit fresh records. South Korea’s Kospi jumped ~4.9% and Taiwan’s Taiex gained 2.7%, led by AI-driven buying of chipmakers; Japan’s Nikkei rose 1.3% to 65,816.62. Micron surged after UBS raised its 12-month target to $1,625. Oil fell (Brent $95.73), easing bond yields and supporting equities.