Taiwan Financial News

Joe Biden on Wednesday signed legislation that will exempt some U.S. semiconductor manufacturing facilities from federal environmental reviews that are receiving government subsidies. Without the new law, projects from the $52.7 billion CHIPS Act of 2022 could have been forced to undergo additional federal environmental reviews under the National Environmental Policy Act of 1969 to win federal permits. Proponents say those projects had already complied with federal, state and local environmental regulations and permitting requirements and that without the change they could have potentially faced years of additional delays.

Former public safety minister Bill Blair said he “was not advised” for weeks after CSIS says it told his chief of staff that it was seeking approval to investigate an Ontario Liberal powerbroker in March 2021.

Subscribe to enjoy similar stories. It’s an important global event when the world’s third-largest economy and a significant ally of the United States gets a new leader—even when that country is Japan. Tokyo has a history of producing a parade of bland, largely anonymous Prime Ministers with the occasional star.

Arctic sea for the first time, for a joint patrol with Russian counterparts, state media reported on Wednesday. The arrival of ship «Meishan» on Tuesday coincided with the 75th anniversary of the People's Republic of China, state television said. It also marked the 75th anniversary of China-Russia diplomatic relations. This follows similar joint patrols the two nations have been carrying out in the northern Pacific Ocean since Sept. 21, the report said.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

BEIJING — Chinese President Xi Jinping said Monday that no challenges can stop the country from moving forward and reiterated Beijing's reunification aims with Taiwan.

Subscribe to enjoy similar stories. The outcome of November’s US presidential election will have profound consequences for democracies worldwide and for geo-political flashpoints like Ukraine, the Middle East and Taiwan. But the potential economic fallout could be equally far-reaching.

Subscribe to enjoy similar stories. Two gut instincts have distinguished the macroeconomic policies of Xi Jinping, China’s ruler since 2012. He has disdained consumer handouts, which he thinks breed laziness.

Subscribe to enjoy similar stories. India surpassed emerging markets peers to again solidify its status as a premier destination for foreign portfolio investors (FPIs), drawing consistent inflows despite bouts of turbulence and concerns over high valuations. Overseas buyers net invested $5.9 billion into domestic stocks this month alone so far, according to data from Bloomberg, attracted by the country’s economic fundamentals and beginning of the rate cut cycle in the US.

Subscribe to enjoy similar stories. WASHINGTON : China’s newest nuclear-powered attack submarine sank in the spring, a major setback for one of the country’s priority weapons programs, U.S. officials said.

Japan finds out its next leader on Friday when the ruling party of outgoing Prime Minister Fumio Kishida picks his replacement in a key vote that could affect the country’s political stability in coming months

Subscribe to enjoy similar stories. They say if there’s ever a Silicon Valley Mount Rushmore, the first face to be chiselled into stone would be that of Gordon Moore. The Intel co-founder’s famous prediction about the rate at which semiconductors would improve has been the bedrock of US technology leadership.

Russia-Ukraine conflict, the Russian Foreign Minister Sergey Lavrov met with his Chinese counterpart Wang Yi on the sidelines of the 79th United Nations General Assembly on Wednesday and discussed the ongoing Ukraine conflict. During their discussion, both leaders reiterated the sanctions imposed by the Western countries' violated UN Security Council resolutions and undermined global economic stability. «Sergey Lavrov and Wang Yi mentioned that Western countries' illegitimate sanctions imposed in circumvention of UN Security Council resolutions are unacceptable as they undermine the stability of the global economy and universal forms of trade and economic cooperation,» the Russian Ministry of Foreign Affairs said in a statement.

The Asian Development Bank says it expects developing economies in the region to grow at a 5% annual pace this year, up slightly from its earlier estimate of 4.9% growth

Subscribe to enjoy similar stories. India’s frugal moon mission, Chandrayaan 3, achieved the pioneering feat of landing near the south pole of the Moon. In STEM fields—of science, technology, engineering and mathematics—India and the Indian diaspora have nearly as many Nobel laureates (two in Physics, one in Chemistry and one in Medicine) as the People’s Republic of China and the Chinese diaspora (three in Physics, one in Chemistry and one in Medicine).

Subscribe to enjoy similar stories. Two chip-making giants have discussed building huge factory complexes in the United Arab Emirates that could transform the industry in the coming years and become a cornerstone for artificial-intelligence investments in the Middle East. Top executives at Taiwan Semiconductor Manufacturing Co., the world’s largest chip maker, have visited the U.A.E.

TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion, the Wall Street Journal reported on Sunday. Top executives at TSMC have visited the UAE recently and talked about a plant complex on par with some of the company's largest and most advanced facilities in Taiwan, the WSJ said, citing people familiar with the interactions. South Korea-based Samsung Electronics, a maker of smartphones, TVs and memory chips, is also considering major new chip-making operations in the country in the years ahead, the paper said.

Subscribe to enjoy similar stories. At one time, it seemed as if the Quad grouping of India, Japan, Australia and the US, while focused on the cause of a free and open Indo-Pacific, was chiefly about containing China militarily, given Beijing’s thinly veiled ambition of establishing its influence over the region and possibly unsettling the US-led world order.

Subscribe to enjoy similar stories. The puzzle of how thousands of pagers were sabotaged in an Israeli attack on Hezbollah this past week has sparked investigations into the supply chain behind them, leading investigators to a labyrinth of shadowy companies and individuals spanning Asia and Eastern Europe. The search for who was behind the manufacturing, sale and distribution of the pagers has pointed to some companies that were created in recent years, with little to no paper trail of their activities and run by mysterious business people with a vague online footprint and little experience in the telecommunications industry.

Subscribe to enjoy similar stories. PINGTUNG, Taiwan—Taiwan’s military recently set up live-fire exercises on this stretch of coastline facing China to show off half a dozen brand-new Humvee armored vehicles mounted with antitank missile launchers—part of its recent delivery of weapons from the U.S. But the missiles designed for use with the launchers didn’t arrive with the shipment.

Subscribe to enjoy similar stories. Basic communication devices like pagers and walkie-talkies, used by Hezbollah to avoid being tracked by Israel, were manipulated to detonate, killing many and injuring thousands. Are basic devices the only ones that can be targeted? What about mobiles? Mint explains: Hezbollah had advised its members to stop using mobile phones to prevent Israel from tracking them.