Tech boom vs oil crisis: Asia’s new economic reality is a warning for the world

Taipei, Taiwan — In South Korea, a global energy supply crunch has hit hard. Officials have advised energy conservation, cut growth forecasts and warned of fallout from high inflation and 17-year lows in the value of its currency. Yet the nation’s largest companies are raking in record profits, and its stock market is hitting all-time highs. … The post Tech boom vs oil crisis: Asia’s new economic reality is a warning for the world appeared first on Egypt Independent .

Original source: Egypt Independent