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Posted on July 24, 2024

Powerful Typhoon Gaemi churns toward Taiwan, menaces already soaked China with more rainfall

A powerful and rapidly intensifying typhoon is barreling toward Taiwan, prompting authorities to close financial markets, schools and offices, and disrupt ongoing military drills.
Posted on July 24, 2024

Foxconn to Invest 1 Billion Yuan for New Business Headquarters in China

BEIJING (Reuters) – Taiwan’s Foxconn plans to invest 1 billion yuan ($137.5 million)to construct a new business headquarters in Zhengzhou, China, according to a statement on Wednesday.
Posted on July 19, 2024

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions

In Taiwan, the Taiex fell 2.3%, as computer chip-maker Taiwan Semiconductor Manufacturing Co.’s shares sank 3.5%, extending losses triggered by a report that Washington might double-down on restrictions on sales to China of semiconductors and equipment used to make and test them.
Posted on July 18, 2024

Strict export controls on China can have ‘unintended consequences’

The Biden administration weighs tighter trade restrictions on chip exports to China. Additionally, former President Trump — now the confirmed Republican nominee — commented that Taiwan should be …
Posted on July 18, 2024

Could a Trump-Vance win reshape America’s relationship with China – and Taiwan?

The official launch of the Republican presidential campaign ticket of Donald Trump and JD Vance this week has been closely scrutinized by governments around the globe looking for clues to what a return of an “America First” foreign policy might look like – including in the world’s second-largest economy.
Posted on July 18, 2024

UK wage growth slows; global chip stocks fall amid growing tensions between US, China and Taiwan – business live

Despite cooling labour market, some economists say rate cut more likely in September than August. Introduction: UK wage growth slows; global chip stocks fall amid growing tensions between US, China …
Posted on July 18, 2024

China says it has halted arms-control talks with US over Taiwan

China has halted nascent nuclear-arms-control talks with the United States, its foreign ministry said on Wednesday, in a protest of Washington’s arms sales to the democratically governed island of …
Posted on July 17, 2024

Stock market news today: Nasdaq sinks over 2% as China curb risk rattles techs

Techs were under dual pressure from worries about US export curbs on China and Donald Trump’s stance on Taiwan.
Posted on July 16, 2024

Taiwan’s Blunt-Talking Leader Faces China’s Backlash

China is putting more military and political pressure on Taiwan and its new president, whose rhetoric has been sharper than his predecessor’s.
Posted on July 12, 2024

New top US envoy to Taiwan pledges to help island defend itself, China responds with show of force

Raymond Greene, director of the American Institute in Taiwan, promised to help Taiwan’s defend itself. China then flew 66 warplanes near the island in an apparent show of force.

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