Global banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in semiconductors to drive a rally next year, while they see Japan’s market as resilient thanks in part to its weak currency. The calls come as US rates are still rising, with most markets around the world eyeing their worst annual […]
Tag: taiwan
Kamala Harris, Marcos to discuss Taiwan — envoy
TENSIONS over Taiwan are expected to be on the agenda when US Vice- President Kamala Harris meets Philippine President Ferdinand Marcos, Jr. next week, Manila’s ambassador to Washington said on Thursday. “I’m sure they will touch on the Taiwan situation,” Ambassador Jose Manuel Romualdez told Reuters by telephone, adding that the Philippines wants to play […]
Chip industry rethinks Taiwan risk after Pelosi visit but options limited
TAIPEI — Chinese missiles flying over Taiwan and naval drills in the Strait in August that simulated a blockade by China have jolted the semiconductor industry into contemplating what once seemed a remote possibility: war over the major chip-producing island. From drafting contingency plans to inquiring about manufacturing capacity outside Taiwan, some companies are now […]
Senator vows to consider inclusion of anti-drone tech in PHL defense program
A SENATOR on Wednesday vowed to ensure that funding for anti-drone technologies would be considered in the Defense department’s program. Senator Jose “Jinggoy” P. Ejercito, Jr., who chairs a Senate panel handling defense issues, said he’ll consider drone threats in reviewing the Department of National Defense’s budget for next year. “The government should seriously consider […]
Taiwan wants Philippines to back its UN inclusion
TAIWAN wants the Philippines to back its bid for inclusion in global discussions including those in the United Nations (UN), as world leaders gather in the US for an annual meeting. In a statement, Taipei Economic and Cultural Office in the Philippines Representative Peiyung Hsu said Taiwan “sincerely hopes” that its closest neighbor “could continue […]
EU lawmakers condemn China’s live-fire exercises in Taiwan Strait
BRUSSELS – Members of the European Parliament backed a resolution on Thursday that condemned China’s live–fire military exercises in the Taiwan Strait and called for closer ties between the European Union and Taipei. The EU assembly said in a statement that the resolution, backed in a vote by 424 lawmakers with 14 against and 46 […]
Preferred Partners Announces Latest Executive Appointment
Taipei, Taiwan, September 08, 2022 – (SEAPRWire) – Preferred Partners the Taiwan based international brokerage firm has today announced the appointment of Samuel Lee as the vice president of new partnership acquisitions and development of partnerships at their Taiwan office, effective the 12th of September 2022. “Mr.Lee’s years of contributions to the success of Preferred Partners have not gone […]
Taiwan shooting down drone near China was ‘appropriate,’ premier says
Taiwan’s shooting down of a drone off the Chinese coast that buzzed a Taiwanese-controlled island was the most “appropriate” thing to do after repeated warnings, and China should exercise restraint, Taiwan Premier Su Tseng-chang said on Friday. Taiwan’s military for the first time shot down an unidentified civilian drone that entered its airspace near an […]
US warships transit Taiwan Strait, first since Pelosi visit
WASHINGTON — Two US Navy warships sailed through international waters in the Taiwan Strait on Sunday, the first such operation since a visit to Taiwan by US House Speaker Nancy Pelosi enraged China which regards the island as its territory. The US Navy, confirming a Reuters report, said cruisers Chancellorsville and Antietam were carrying out […]
China’s navy begins to erase imaginary Taiwan Strait median line
TAIPEI — For nearly 70 years an imagined line running down the Taiwan Strait between Taiwan and China has helped keep the peace but the so-called median line is looking increasingly meaningless as China’s modernized navy asserts its strength. China has never officially recognized the line that a US general devised in 1954 at the […]
Taiwan Excellence Pavilion to showcase 10 leading medical tech innovators at Medical Fair Asia 2022
SINGAPORE, Aug 19, 2022 – (ACN Newswire via SEAPRWire.com) – Taiwan Excellence will be participating for the first time at the Medical Fair Asia 2022, to be held on-site at Marina Bay Sands from 31 August to 2 September, and online from 3 to 9 September. Organized by Taiwan’s Bureau of Foreign Trade and Taiwan […]
Taiwan Rides on Post-Pandemic Wave with Taiwan Food World GO Project, Boosting Market Growth in SEA Market
SINGAPORE, Aug 18, 2022 – (ACN Newswire via SEAPRWire.com) – As the world progressively leaves the pandemic behind, Taiwan’s Ministry of Economic Affairs (MOEA) has joined hands with Taiwan’s Bureau of Foreign Trade and Taiwan External Trade Development Council (TAITRA) to ride the waves of the new era with the Taiwan Food World GO Project. […]
Consul Li: China to uphold peace
CHINESE Consul-General in Cebu Jia Li assures that China will uphold ‘peaceful reunification’ with Taiwan while blaming the United States and its allies for “inciting” tension and division in the contested region.In a media briefing explaining the stand of the People’s Republic of China (PRC) on the issue of rising tension, Li assured China will […]
PAL, CEB ‘monitoring’ Taiwan airspace closure note
By Arjay L. Balinbin, Senior Reporter FLAG carrier Philippine Airlines, Inc. (PAL) and budget carrier Cebu Pacific (CEB) said on Thursday that they are closely monitoring the situation in Taiwan after its announcement of an airspace closure from Aug. 4 to 7. “We are closely monitoring the situation in Taiwan. We have received the notice […]
Pelosi visits Japan after Taiwan trip sparked outsized military drills by Beijing
TOKYO – US House of Representatives Speaker Nancy Pelosi will meet Japanese officials in Tokyo on Friday, following a visit to Taiwan that Beijing answered with unprecedented military drills and missile launches including five that landed within Japan‘s exclusive economic zone. Ms. Pelosi’s brief trip to Taiwan, where she arrived unannounced with a congressional delegation […]
Tell it to SunStar: Statement by the Ministry of Foreign Affairs of the People’s Republic of China on Pelosi’s Taiwan visit
On Aug. 2, 2022, in disregard of China’s strong opposition and serious representations, Speaker of the US House of Representatives Nancy Pelosi visited China’s Taiwan region. This is a serious violation of the one-China principle and the provisions of the three China-US joint communiqués. It has a severe impact on the political foundation of China-US […]
Editorial: Philippines and the China-Taiwan tension
United States House Speaker Nancy Pelosi’s visit to Taiwan, a de facto democratic country that’s officially known as Republic of China (ROC), has angered the authoritarian People’s Republic of China (PRC), further straining the US-PRC diplomatic relations.The Global Times, an English-language newspaper under Chinese Communist Party’s flagship newspaper the People’s Daily, ran an editorial on […]
China warns top US general off ‘arbitrary provocations’
WASHINGTON/BEIJING — A senior Chinese military officer warned his US counterpart on Thursday that any “arbitrary provocations” would be met with a “firm counterstrike” by China, but added that the two sides should strengthen dialogue and control risks. The world’s two largest economies are at loggerheads over a series of contentious issues, from the status […]
US approves $120M sale to maintain Taiwanese warships
TAIPEI — The United States has approved a possible $120 million sale of parts to help Taiwan maintain its warships, which the island’s defense ministry said would help ensure combat readiness in the face of China’s “frequent activities” near the island. The US Defense Security Cooperation Agency said it had delivered the required certification notifying […]
Ukraine is model for Taiwan defense should China violate its ‘sovereignty’ — US official
WASHINGTON — Ukraine’s stiff resistance against the invasion by Russian forces could be a model for Taiwan to defend itself should China choose to violate the island’s “sovereignty” by attacking, a senior US defense official told a Senate hearing on Thursday. The United States, like most countries, does not have formal ties with Taiwan but […]