A look at economic developments and activity in stock markets around the world Wednesday

A look at economic developments around the globe

Taiwan’s jobless rate hits record of 5.8 percent in March amid recession

TAIPEI, Taiwan — Taiwan’s jobless rate hit a record high of 5.8 percent in March, rising for the eleventh straight month amid an economic slump, the government said Wednesday.

Fla. county declares state of emergency over skyrocketing foreclosures, unemployment

FORT PIERCE, Fla. — A South Florida county that rode high through the housing boom earlier this decade, then crashed hard when the foreclosure crisis struck, declared a state of economic emergency on Tuesday.

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