Taiwan Financial News

In light of the fact that Taiwan is getting ready to hold its presidential election on January 13, 2024, a crucial advice has been given to the people of Taiwan about betting on cryptocurrencies. A thorough investigation into the use of cryptocurrency platforms for betting on the result of the presidential election has been begun by the authorities in Taiwan. This inquiry has brought to light the ethical and legal considerations that are associated with such behaviors.

insomnia, during pregnancy is associated with a higher risk of miscarriage, according to a study. The researchers from the National Taiwan University and colleagues quantified the risk for miscarriage associated with benzodiazepine use during pregnancy in a nationwide, population-based case-time-control study in Taiwan.

By Ankur Banerjee

China for electoral gain ahead of elections in just over two weeks' time, but again sent warplanes into the Taiwan Strait. Taiwan's Jan. 13 presidential and parliamentary election will shape the Chinese-claimed island's relations with Beijing, which over the past four years has ramped up military pressure to assert its sovereignty claims.

India and the Philippines in the disputed South China Sea, the Chinese military on Thursday said defence cooperation between different countries should not harm the interests of third countries and regional peace. Answering a question from Chinese official media about naval exercises between an Indian naval ship and the Philippines naval vessel besides plans by France to hold naval and air drills with the Philippine Navy, Spokesman of the Chinese Defence Ministry Senior Col Wu Qian said China has taken note of the reports.

Pensions plans made the political headlines in 2023 like seldom before, from Alberta’s threat to pull out of the Canada Pension Plan with more than half of the fund’s assets to Ottawa’s desire, stated in the fall fiscal update, to have the globetrotting trillion-dollar asset managers invest more at home. The Financial Post spoke to Alberta Investment Management Corp. chief executive Evan Siddall about these issues, geopolitics and how AIMCo is evolving its investment strategy for 2024 and beyond. This interview has been edited and condensed for space.

Asian markets are steady in holiday-thinned trading, with some markets in the region closed for holidays

China has launched its first automated digital yuan wallet-opening machine for overseas passport holders.

Tata Motors expect record sales in 2024, and big cities are racing to adopt electric buses. Despite the subsidy row, India is expected to become one the world's largest EV markets. India’s biggest and increasingly most consequential neighbour, China will complete 75 years of rule by a one-party communist regime on 1 October.

Apple is in advanced talks with component makers such as India’s Aequs Group and Taiwanese camera and lens maker Rayprus Technologies in the iPhone maker’s concerted move to deepen its manufacturing operations in the world’s second-largest smartphone market. Aequs makes high-quality toys, consumer durable goods and aerospace parts in India, US and France while Rayprus is a subsidiary of Taiwanese contract manufacturing giant Foxconn and makes high-quality precision camera and lens solutions.

Xi Jinping has promoted two naval officers, including a submarine expert, as top naval commanders which involves the Chinese navy's operations in the disputed South China Sea. Xi, who is also the chairman of the powerful Central Military Commission (CMC), the overall high command of the armed forces besides being the President and head of the ruling Communist Party, has presented certificates of order to promote two military officers to the rank of General, official media reported on Tuesday. General is the highest rank for officers in active service in China.

Investing.com-- Most Asian currencies moved in a tight range on Tuesday, while the dollar hovered near five-month lows as soft U.S. inflation data spurred increasing bets on interest rate cuts from the Federal Reserve in 2024. 

Chinese state media accused the Philippines on Monday of repeatedly infringing on China's territory in the South China Sea, spreading false information and colluding with extraterritorial forces to cause trouble. The Philippines has relied on U.S. support to continually provoke China, with such "extremely dangerous" behaviour seriously harming regional peace and stability, China's Communist Party mouthpiece, the People's Daily, wrote in a commentary on Monday.

Ministry of Defence of Taiwan, has tracked four Chinese Naval vessels and two military aircraft around Taiwan. According to Taiwan News, the naval ships and aircraft were tracked around the nation between 6 a.m. on Sunday (Dec.

Taiwan's defence ministry said on Sunday that over the previous 24 hours it had detected eight Chinese fighter jets crossing over the median line of the Taiwan Strait, as well as one Chinese balloon. Taiwan, which China claims as its own territory, has repeatedly complained of Chinese military activity around the island over the past four years. China has been stepping up its missions near Taiwan as the Jan. 13 presidential and parliamentary elections on the island approach. Taiwan's defence ministry said the Chinese J-10, J-11 and J-16 fighter jets had crossed the median line at points to the north and centre of the strait. The median line once served as an unofficial barrier between the two sides, but Chinese planes now regularly fly over it. Taiwan sent its own forces to monitor, the ministry said. The ministry also reported another Chinese balloon in the strait, the latest in a spate of what Taiwan says are most likely for monitoring the weather, driven by prevailing winds at this time of year. It said the balloon was spotted after crossing the median line late on Saturday morning 97 nautical miles (180 km) northwest of the northern Taiwanese port city of Keelung at altitude of approximately 20,000 feet (6,100 metres). The balloon headed east and disappeared around one hour later, the ministry added. The potential for China to use balloons for spying became a global issue in February when the United States shot down what it said was a Chinese surveillance balloon.

Taiwan reported Chinese warplanes and warships around the island on Saturday, including aircraft crossing the sensitive median line of the Taiwan Strait, as Beijing continues military activities with three weeks to go before Taiwan votes. Democratically governed Taiwan, which China claims as its own territory, has complained for four years of regular Chinese military patrols and drills near the island. Campaigning is under way for Taiwan's Jan. 13 presidential and parliamentary polls.

US Commerce Department will begin gathering information on Chinese production of legacy semiconductors chips that aren't cutting-edge but are still vital to the global economy as it looks to track how deeply reliant US companies have become on the technology from China. In January, the agency's Bureau of Industry and Security will survey more than 100 companies in autos, aerospace, defense and other sectors to understand how they procure and use legacy chips, according to a Commerce official.

virtual meeting with his Chinese counterpart on Thursday, the Pentagon said, in the first such conversation in over a year amid hopes by U.S. officials that it could lead to a broader restoration of ties between the two militaries. The video teleconference followed an agreement between U.S. President Joe Biden and Chinese President Xi Jinping last month to resume military-to-military ties severed by Beijing after then-House of Representatives Speaker Nancy Pelosi visited self-ruled Taiwan in August 2022. U.S.

China’s prospects for 2024 look uncertain, as a year that opened free of COVID-19 lockdowns winds down without the dreamed of robust recovery for the world’s No. 2 economy

The Bank of China has completed the world’s first cross-border CBDC-powered precious metals deal – a gold transaction worth some $14.1 million.

BEIJING (Reuters) — China announced on Thursday the end of tariff cuts on some chemical imports from Taiwan, accusing the island of violating a trade agreement, as Beijing keeps up its pressure on Taipei ahead of elections next month.