City Taipei Financial News
02.09 / 03:51
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Action
security
2020
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peace
Taiwan reports increased Chinese military activity near its territory
Taipei [Taiwan], September 2 (ANI): Taiwan's Ministry of National Defence (MND) has said that 18 Chinese military aircraft, eight naval vessels and two official ships were detected operating around Taiwan from 6 am (local time) on Sunday to 6 am (local time) on Monday. Among them, 15 of the People's Liberation Army's (PLA) aircraft crossed the median line of the Taiwan Strait and entered Taiwan's northern, southwestern, and eastern Air Defence Identification Zone (ADIZ). In response to Chinese incursions, Taiwan mobilised its aircraft and naval vessels while deploying coastal-based missile systems to closely monitor the situation and deter any potential threats.
27.08 / 16:06
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concert
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pop
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Headlines
Dua Lipa on her upcoming concert in India: Can't wait to see you again
Pop star Dua Lipa, who is set to headline the second edition of the Zomato Feeding India Concert in November, says she is looking forward to returning to the country after she rang in the new year here. The Grammy winner, known for songs such as «Levitating», «Houdini», and «Dance The Night», shared a post on Instagram expressing her excitement for the upcoming show. «India, I'm coming back!!! My trip at the start of this year was a beautiful reminder of how much I love this place. »The warmth and energy I felt from everyone I met there was amazing, and I can't wait to see you again to perform in November!!!!" Lipa wrote on Saturday alongside a series of pictures from her previous India visit and the announcement poster of the concert.
17.08 / 06:03
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Assurant
track
2020
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Taiwan detects 13 Chinese aircrafts, 7 vessels near its territory
Taiwan tracked 13 Chinese aircraft and seven Chinese vessels around its territory until 6 am on Saturday. According to Taiwan's Ministry of National Defence (MND), 12 of the aircraft crossed the median line and entered Taiwan's northern, south-western, and eastern air defence identification zone (ADIZ). It added that Taipei has monitored the situation and «responded accordingly.»
16.07 / 21:18
Netflix
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Food
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Somebody Feed Phil Season 8: Everything we know about renewal, production team and more
Netflix renews the popular food travel series "Somebody Feed Phil" for an eighth season. The show follows Phil Rosenthal as he explores various cuisines worldwide.
13.07 / 09:38
markets
security
Sustainability
Trade
country
reports
International
ONGC Videsh to raise USD 800 million from 3 banks
ONGC Videsh Ltd (OVL), the overseas arm of state-run explorer Oil and Natural Gas Corp. (ONGC), is raising $800 million through a five-year loan from three domestic banks, people familiar with the matter said. The loan is likely to be priced at 120 basis points above the three-month international benchmark Secured Overnight Financing Rate (SOFR), the people said. «Three banks, state-owned Bank of Baroda (BoB), private sector Axis Bank and Singapore-based DBS Bank are the mandated lead arrangers for this loan which is now being syndicated to other banks. Bankers will go on a roadshow to Singapore and Taipei later this month to broaden the scope of lenders in this deal,» said one of the persons cited above.
13.07 / 09:03
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Inside
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Arsenal
Taiwan on alert over 'waves' of missile tests in north China
Taiwan's defence ministry said on Saturday it was monitoring «waves» of missile tests taking place in China's far northern region of Inner Mongolia and that its air defence forces were on alert. Democratically governed Taiwan, which China views as its own territory, keeps a close watch on all Chinese military activities given Beijing's regular activities around the island, but only rarely releases details of what it sees taking place inside China. The ministry said that from 4 a.m. (2000 GMT on Friday) it had detected «multiple waves of test launches» by China's Rocket Force in an area of Inner Mongolia 2,000 km (1,200 miles) from Taiwan.
13.07 / 04:01
UPS
Waters
Southern
show
Nearly 66 Chinese aircraft surround Taiwan in biggest sortie of year
Taiwan's defence ministry said Thursday it had detected 66 Chinese military aircraft around the island in a 24-hour window, a record-high this year, a day after it said Beijing was conducting exercises in nearby waters. China claims self-ruled democratic Taiwan as part of its territory and has said it will never renounce the use of force to bring it under its control. Thursday's record follows Taipei a day earlier spotting Chinese aircraft around the island that it said were headed to the western Pacific for exercises with the PLA aircraft carrier Shandong.
26.06 / 21:55
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Has Nostradamus' prediction on World War 3 failed? Who was he and what did he say?
French astronomer Nostradamus prove to be wrong? This question looms large after his prophecy about the World War 3 has not come true so far. According to the 'Wion', Nostradamus predicted something which may be interpreted as the beginning of World War 3. He expected a “combat and naval battle” between China and the US, though he did not take their names. The 16th-century philosopher and physicist predicted that the “Red adversary will become pale with fear. Putting the great Ocean in dread”. These lines are interpreted as the blockade of China by the US Navy and a confrontation between the two rival forces. This prediction is especially significant because Beijing and Washington have indulged in blaming each other for rising tension on the issue of Taiwan. Some of the US lawmakers have openly threatened China with attacks and war if Beijing threatens Taipei.
26.06 / 06:29
FIVE
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International
Taiwan reports large Chinese incursion as tensions escalate
Taipei: Taiwan, on Wednesday, reported that a total of 18 China's People's Liberation Army (PLA) aircraft and 6 People's Liberation Army Navy (PLAN) vessels were detected operating around Taiwan as of 6 am (local time), Taiwan News reported. According to the Ministry of National Defence, of the 18 People's Liberation Army (PLA) aircraft, five crossed the Taiwan Strait median line in the northern, southwestern, and eastern sectors of the country's air defence identification zone (ADIZ). In response, Taiwan sent aircraft and naval ships and deployed coastal-based missile systems to monitor PLA activity, as per Taiwan News.
21.06 / 03:29
Reuters
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track
information
reports
Department
Arsenal
US and China hold first informal nuclear talks in 5 years, eyeing Taiwan
United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing's representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The Chinese representatives offered reassurances after their U.S. interlocutors raised concerns that China might use, or threaten to use, nuclear weapons if it faced defeat in a conflict over Taiwan. Beijing views the democratically governed island as its territory, a claim rejected by the government in Taipei. «They told the U.S. side that they were absolutely convinced that they are able to prevail in a conventional fight over Taiwan without using nuclear weapons,» said scholar David Santoro, the U.S. organiser of the Track Two talks, the details of which are being reported by Reuters for the first time.
03.06 / 13:31
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Computex 2024: Nvidia confirms its next AI chip ‘Rubin’ will launch in 2026
After Chief Executive Jensen Huang predicted a ‘robotic’ future, on Sunday he said that the company’s next-generation artificial intelligence (AI) chip platform is all set to be rolled out in 2026.
03.06 / 11:41
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AMD
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performer
Updates
AMD unveils latest AI chips, accelerated chip update timeline
Advanced Micro Devices introduced its latest artificial intelligence chips and laid out plans to roll out new products every year in a bid to challenge Nvidia’s dominance in the AI boom. The Santa Clara, Calif.-based company showcased its latest MI325X accelerator at a trade show in Taipei on Monday. The chip, which will be available in the fourth quarter, will help meet growing computing demands at AI data centers, according to a statement.
01.06 / 11:01
Continental
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Updates
athletics
DP Manu wins gold in javelin throw at Taiwan Open
India's DP Manu clinched the gold medal in men's javelin throw event at the Taiwan Open 2024 with a throw of 81.58m in Taipei on Saturday. The Asian Athletics Championship silver medallist registered his best throw in his last attempt. Taiwan Open is is a World Athletics Continental Tour Bronze-level meet. and awards crucial ranking points.
24.05 / 02:21
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President
War
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testing
China says drills around Taiwan test 'seizure of power' capability
Beijing on Friday said ongoing drills encircling Taiwan were testing the military's ability to seize power over the self-ruled island, days after its new president was sworn in. China's military kicked off the war games Thursday morning, surrounding Taiwan with naval vessels and military aircraft, while vowing the blood of "independence forces" on the island would flow. The exercises — codenamed «Joint Sword-2024A» — come after Lai Ching-te took office as Taiwan's new president this week and made an inauguration speech that China denounced as a «confession of independence».
23.05 / 15:21
Waters
SUN
President
War
rights
peace
Taiwan's military, coast guard activate in response to China's drills
Taipei's coast guard warned off Chinese vessels. Beijing commenced two days of war games, dubbed «Joint Sword-2024A», as a «strong punishment» for Taiwan's «separatist acts». They come after the island swore in President Lai Ching-te, who said in his inaugural speech on Monday that Taiwan «must demonstrate our resolution to defend our nation».
23.05 / 03:45
UPS
Election
President
War
reports
China holds biggest military drills in a year around Taiwan since new President Lai Ching-te elected
Lai Ching-te took over as the island’s new president.The drills on Thursday were intended to “serve as a strong punishment for the separatist acts of ‘Taiwan independence’ forces and a stern warning against the interference and provocation by external forces," the official Xinhua News Agency reported, citing a military spokesman.The “external references" line is likely a reference to the US, which is Taiwan’s main military backer. President Joe Biden has repeatedly said the US would defend the democracy of 23 million people if attacked, while China has pledged to bring Taiwan under its control, by force if necessary.The exercises ramp up pressure on Lai, who took office in the island that makes the bulk of the world’s most advanced chips on Monday.
20.05 / 07:43
security
Election
President
reports
International
New Taiwan president swings at China—but pulls punches—in first speech
TAIPEI—Taiwan’s new president said the island democracy would serve as a “helmsman of global peace" under his watch in a carefully calibrated inauguration speech reflecting his delicate status at the fulcrum of tensions between the U.S. and China. With Beijing and Washington both listening carefully, Lai Ching-te offered to keep Taiwan open to engagement with China.
17.05 / 06:31
UPS
Provident
Binance
Cooper
Justice
Investigations
Binance Collaborates with Taiwan to Resolve Multi-Million Crypto-Assisted Money Laundering Case
Binance has teamed up with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to solve a significant case involving cryptocurrency-assisted money laundering.
08.05 / 02:49
security
President
War
show
stage
reports
peace
Taiwan says its military is ready for China moves around new president's inaugural
TAIPEI: Taiwan's military is prepared for any moves China may make around the time President-elect Lai Ching-te takes office later this month, the island's deputy defence minister said on Wednesday. China, which views democratically governed Taiwan as its own territory, has a strong dislike of Lai, believing him to be a dangerous separatist, whose repeated offers of talks it has rejected, including one this month. Lai, like current President Tsai Ing-wen, rejects Beijing's sovereignty claims; both say only the island's people can decide their future. Lai, now vice president, will be inaugurated on May 20.
26.04 / 10:51
markets
Blockchain
Platform
Trade
reports
Over 30 People Charged In $24M Crypto Fraud Linked to Taiwan’s ACE Exchange
Taiwan prosecutors charged 32 individuals with fraud and money laundering linked to ACE Exchange, the Taipei Times reported Friday.
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