Taiwan November exports post steepest drop in 6 years

Taiwan's exports in November posted their steepest year-on-year drop in more than six years as demand failed to recover due to a weak global economy, figures showed Monday. Shipments last month fell 16.9 percent from November 2014, the most since August 2009 when exports plunged 24.6 percent, according to the Ministry of Finance. Exports of electronic products -- which accounts for more than 30 percent of all shipments -- fell 11.5 percent from a year earlier due to excess inventories in the tec