Taiwan Financial News

When OpenTable CEO Debby Soo joined the restaurant reservation company in 2020, the industry was struggling through the pandemic

When OpenTable CEO Debby Soo joined the restaurant reservation company in 2020, the industry was struggling through the pandemic

There’s more Asian capital hunting local vitamin and supplements brands.

China maintained that it took the necessary action to deter Philippine ships which were trespassing and carrying illegal building materials, news agency Reuters reported on Sunday. The report mentions that the incident took place close to the Second Thomas Shoal, which is referred to as Ayungin Shoal by Manila. The area is a submerged reef where a small number of its troops reside on an old US ship from World War Two that was deliberately grounded in 1999.

Taiwan and showcasing soldiers pledging to give up their lives if needed as Beijing continues to ramp up its rhetoric against the self-ruled island. «Chasing Dreams,» an eight-part docuseries aired by state broadcaster CCTV earlier this week to mark the People Liberation Army's 96th anniversary, features military drills and testimonials by dozens of soldiers, of which several express their willingness to die in a potential attack against Taiwan. China claims Taiwan, a self-ruled democracy, as its own territory, to be conquered by force if necessary.

coast guard of blocking and water-cannoning a Philippine military supply boat in the South China Sea, condemning the «excessive and offensive actions» against its vessels. China's coast guard countered that it had implemented necessary controls in accordance with the law to deter Philippine ships, which it accused of trespassing and carrying illegal building materials.China claims sovereignty over almost the entire South China Sea, an assertion rejected internationally, while Malaysia, Vietnam, Brunei, Taiwan and the Philippines have various claims to certain areas.

Philippine military on Sunday condemned a Chinese coast guard ship's «excessive and offensive» use of a water cannon to block a Filipino supply boat from delivering new troops, food, water and fuel to a Philippine-occupied shoal in the disputed South China Sea. The tense confrontation on Saturday at the Second Thomas Shoal was the latest flare-up in the long-seething territorial conflicts involving China, the Philippines, Vietnam, Malaysia, Taiwan and Brunei.

Zhu Meng or Chasing Dreams. The series, aired on state broadcaster CCTV to mark the PLA's 96th anniversary, highlights the unwavering commitment of military personnel to be combat-ready "at any second", the South China Morning Post (SCMP) reported. The documentary features personal accounts of numerous PLA soldiers from different services and locations.

A Taiwanese microchip manufacturer building its first U.S. plant in Arizona has agreed to more scrutiny from the state when it comes to the safety of construction workers

Covid pandemic. Nationwide, just 52,000 people arrived to mainland China from overseas on trips organized by travel agencies during the first quarter, the latest period for which national data is available, compared with 3.7 million in the first quarter of 2019. As in past years, nearly half of the visitors came from the self-ruled island of Taiwan and the Chinese territories of Hong Kong and Macau, rather than farther-away places like the U.S.

Elon Musk, to deny Taiwan access to Starlink. Mr Musk’s other big firm, Tesla, has a large factory in Shanghai. Last year he suggested giving China some control over Taiwan in order to resolve their dispute.

Fitch's downgrade of US long-term credit rating. BSE Sensex fell 542 points, or 0.82%, to at 65,240. NSE's Nifty declined 144 points, or 0.74%, to end at 19,381.

internet traffic is carried by submarine cables (SMCs) and only 1% by satellite links? The 2022 edition of TeleGeography depicts this as 486 cable systems and 1,306 landings, active or under construction — a length of 1.3 million km of cables on the ocean floor, good enough to go around the world 32 times. That is some progress after the Atlantic Telegraph Company’s first transatlantic undersea cable allowed Queen Victoria to message American President James Buchanan in 1858.

Typhoon Khanun would cause severe damage to China which is reeling from rain from an earlier typhoon that caused deadly flooding and damage in Beijing, reported AP. If the forecast from the Japan weather agency proves true, oit would largely spare China from a double whammy. Khanun, which means jackfruit in Thai, had sustained surface winds of 162 kph (100 mph) with higher gusts Thursday morning.

music festival starting in northern Germany on Wednesday was forced to cap attendance after heavy rains turned its outdoor venue into a muddy quagmire. Organisers of the annual Wacken Open Air (W:O:A) bash, featuring 150 bands on eight stages over four days, said the event would go forward as planned but with only around 60 percent of the 85,000 ticket-holders after imposing an entry freeze. In messages to «dear metalheads» on social media, the promoters said they regretted having to cap the total audience at the around 50,000 fans who were already present, calling the situation «very sad». «We tried everything but unfortunately we are unable to allow anyone else onto the Holy Ground,» they said, referring to the sprawling rural venue. «There is no other way,» they added, calling it the «first time we've taken this decision in the history of the W:O:A.»

Typhoon Khanun, categorised by Taiwan's weather bureau as the second-strongest typhoon level, slowly headed towards its northeastern coast with maximum winds of 198 kph (123 mph). As of 9:15 A.M.

global markets, after Fitch Ratings cut the sovereign credit rating of the US, the world's largest economy, by one level from the highest AAA to AA+. The selloff on account of the unexpected downgrade resulted in the Nifty closing below a key support of 19,560, which analysts said has opened up the likelihood of the index dropping another 2-3% unless there is an immediate rebound.NSE's Nifty fell 207 points, or 1.05%, to close at 19,526.55. BSE's Sensex declined 676.53 points, or 1.02%, to end at 65,782.78.

Rocket Force, in a surprise shake-up that has raised doubts about the inner workings of the military unit in charge of the country's strong arsenal of nuclear and ballistic missiles, CNN reported. State media on Monday reported that, Chinese leader Xi Jinping has named Wang Houbin as commander of the Rocket Force and Xu Xisheng as political commissar of the force.

Hon Hai Technology Group (Foxconn) has signed up with the Karnataka government, offering to invest about $600 million, or nearly Rs 5,000 crore, in two iPhone component manufacturing projects, expected to create nearly 13,000 jobs. A Foxconn team led by chairman Young Liu formally signed a letter of intent (LoI) with the government after Industries Minister MB Patil, IT/BT Minister Priyank Kharge, Additional Chief Secretary (IT/BT) EV Ramana Reddy and Industries Commissioner Gunjan Krishna held talks with the team in Chennai on Monday. ET reported on Tuesday that Foxconn may invest up to $500 million for a new unit near Bengaluru airport to make smartphone accessories.

Taiwan's Foxconn will invest $600 million in two manufacturing projects in Karnataka, including one which will be a partnership with U.S.-based Applied Materials, a state government statement said.Foxconn will invest $350 million to set up a unit to manufacture components for smartphones, including for iPhone, said the statement, first being reported by Reuters.

(Reuters) — Asset manager BlackRock (NYSE:BLK) and index provider MSCI are being investigated by a congressional committee for allegedly facilitating China investments, Wall Street Journal reported on Tuesday, citing letters to the companies from the panel.