HSBC says Taiwan's economy is expected to remain strong ... driven by global demand for AI and data centers.
The bank says Taiwan's exports are likely to accelerate in the fourth quarter ... as AI data-center development continues to support corporate earnings and investment.
HSBC says Taiwan's strong economic growth in recent quarters has also been supported by a rebound in business investment and household consumption.
The bank expects the U-S Federal Reserve to raise interest rates by another quarter-point in December ... citing persistent inflation and stronger economic growth.
HSBC says the global economy and corporate earnings have remained stronger than widely expected ... despite risks from geopolitical tensions, oil-price volatility and uncertainty over inflation and interest rates.
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