Comments by President Biden and new measures aimed at curbing investment in China sent these China-sensitive stocks into the red.
With eyes on Taiwan, new China ban shows the U.S. may be learning lessons from mistakes with Russia
U.S. moves to ban certain investment in China suggest that Western allies may be learning from national security failings in Russia, according to analysts.
Japan Eyes Tax Break for Domestic EV Battery, Chip Production – Nikkei
To secure supply chains for strategic goods, Japan has also unveiled billion-dollar subsidies for chipmakers such as Taiwan Semiconductor Manufacturing and Micron Technology to build plants in Japan, …
China sends 6 navy ships, 33 fighter jets toward Taiwan in new show of force
China has sent another Navy fleet and dozens of warplanes toward Taiwan to demonstrate its military power as China continues to claim self-ruled Taiwan as its own territory.
Exclusive: Lloyd’s of London leads insurers tightening Taiwan cover as conflict risks rise
Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they offer for risks involving Taiwan as concerns grow over possible military action by China, …
Japan Ex-PM Aso’s ‘Fight for Taiwan’ Remark in Line With Official View, Lawmaker Says
TOKYO (Reuters) – Former Japanese Prime Minister Taro Aso’s remark on Tuesday that his country must show “the resolve to fight” to defend Taiwan from attack was in line with Tokyo’s official stance, a lawmaker close to Aso told a TV show late on Wednesday.
China sends ships and fighter jets toward Taiwan in new show of force
Taiwan’s defense ministry said the Chinese People’s Liberation Army sent 33 warplanes and 6 navy vessels between 6 a.m. Wednesday to 6 a.m. Thursday. The J-10 and J-16 fighter jets flew across the midline and to the southwest of Taiwan.
Coupang to ramp up investment in Taiwan after four quarters of profits
Coupang, a South Korea-headquartered e-commerce company, said it will accelerate its investment in Taiwan after four straight quarters of profits. Coupang was the most downloaded app in the second …
Taiwan pitches deeper Europe engagement after TSMC Germany investment
Taiwan chipmaker TSMC’s 3.5 billion euros ($3.83 billion) investment in Germany will drive deeper engagement between the island and Europe, Taiwan’s economy minister said on Wednesday, pitching the …
Taiwan’s exports fall for 11th straight month, as mainland China’s weakened world-factory role hit shipments
Taiwan’s exports fell by 10.4 per cent in July from a year earlier due to weak demand from mainland China and Hong Kong Exports of Taiwan’s flagship electronic components, including semiconductors, …