Intel climbed as much as 1.1 per cent in late trading Friday after Bloomberg reported the news. The stock was down 13 per cent this year through the close
India and Taiwan on Friday signed a migration and mobility agreement that will facilitate the employment of Indian workers in diverse sectors in the self-ruled island, a move that is seen as reflective of the renewed momentum in the cooperation between the two sides. The memorandum of understanding (MoU) was signed at a virtual ceremony by Director General of the India-Taipei Association (ITA) Manharsinh Laxmanbhai Yadav and Baushuan Ger, the head of the Taipei Economic and Cultural Centre in New Delhi. In order to strengthen the bilateral labour cooperation relations, Taiwan and India have signed an MoU, Taiwan's labour ministry said. Both sides were engaged in discussions over the pact for the last several years. After all the preparatory work is completed, India will be announced as a "new source" country of migrant workers in accordance with the law, the Taiwanese labour ministry said. Taiwan's current source countries for migrant workers are Vietnam, Indonesia, the Philippine
The Ministry said in a statement that Taiwan has long supported Palau in tourism development in a bid to strengthen the Pacific nation's "economic resilience and sustainability"
The Senate early Tuesday passed a $95.3 billion aid package for Ukraine, Israel and Taiwan, pushing ahead after months of difficult negotiations and growing political divisions in the Republican Party over the role of the United States abroad. The vote came after a small group of Republicans opposed to the $60 billion for Ukraine held the Senate floor through the night, using the final hours of debate to argue that the US should focus on its own problems before sending more money overseas. But 22 Republicans voted with nearly all Democrats to pass the package 70-29, with supporters arguing that abandoning Ukraine could embolden Russian President Vladimir Putin and threaten national security across the globe. With this bill, the Senate declares that American leadership will not waiver, will not falter, will not fail, said Senate Majority Leader Chuck Schumer, who worked closely with Republican Leader Mitch McConnell on the legislation. The bill's passage through the Senate with a ..
Almost every day, Chinese warships sail in waters around Taiwan and warplanes fly toward the island before turning back. What if they suddenly attacked? Taiwan's military began a two-day drill at sea and in the air on Wednesday to practice defending against such a surprise attack. Journalists observed the training from fast boats that escorted a mine-laying ship. Any unilateral irrational action could very easily escalate tensions and sabotage stability in the Taiwan Strait region, Maj. Gen. Sun Li-fang, a defence ministry spokesperson, told reporters at the Tsuoying Naval Base in southern Taiwan. China claims the self-governing island of 23 million people as its own territory and says it must come under Beijing's control. The long-running divide is a flashpoint in US-China relations. As relations between the rivals have deteriorated in recent years, fears have grown that America could get pulled into a war if hostilities break out. Taiwan's defence ministry, in a daily report, sa
Taiwan's Civil Aviation Administration (CAA) protested China's unilateral adjustment of flight routes close to the median line of the Taiwan Strait on Tuesday
China sent more than 30 warplanes and a group of navy ships toward Taiwan, the island's defense ministry said Saturday. The military pressure comes on the heels of an announcement that senior American and Chinese representatives were expected to meet in the Thai capital as the two countries seek to cool tensions. The Chinese People's Liberation Army sent 33 aircraft, including SU-30 fighters, and six navy vessels around Taiwan, between 6 am Friday to 6 am Saturday. Of these, 13 warplanes crossed the midline of the Taiwan Strait an unofficial boundary that's considered a buffer between the island and mainland. Taiwan has monitored the situation and employed its own forces in response to the activities. China claims self-ruled Taiwan as its own territory and in recent years has shown is displeasure at political activities in Taiwan by sending military planes and ships. Taiwan said six Chinese balloons either flew over the island or through airspace just north of it days after the ...
The Chief Executive Officer and Chairman of Taiwanese technology giant Hon Hai Technology Group (Foxconn), Young Liu, was honoured with the Padma Bhushan on Thursday
China's Foreign Ministry said Wednesday that Beijing has formally restored diplomatic relations with Nauru after the tiny Pacific island nation cut its ties with Taiwan earlier this month. Nauru's announcement on Jan. 15 came just two days after Taiwan elected a new president and left the self-governing island republic with just 12 remaining diplomatic allies, although it enjoys strong unofficial relations with the United States, Japan and other nations. China claims Taiwan as its territory and doesn't recognize its government or its right to diplomatic recognition, participation in global bodies such as the United Nations or any official contact with foreign political entities. This policy change is a significant first step in moving forward with Nauru's development, Nauru's government said in a news release announcing the severing of relations with Taiwan. China has been gradually poaching Taiwan's diplomatic allies, partly to punish the ruling Democratic Progressive Party that .
Between Sunday and early Monday morning, four Chinese warplanes and four navy ships were detected around Taiwan, the Defence Ministry said
Taiwan's top diplomat in Washington has a message for both the island's Chinese adversaries and its American friends: Don't worry that Taiwan's new president-elect will worsen relations with Beijing and possibly draw the U.S. into a conflict. President-elect Lai Ching-te plans to keep the status quo in the Taiwan Strait, Alexander Tah-Ray Yui told The Associated Press on Thursday in his first interview with an international news organization since he arrived in the U.S. in December. The Chinese government has called Lai a troublemaker who will push Taiwan toward independence. But Yui said Lai is willing to engage with Beijing, even as the island seeks to strengthen its unofficial ties with Washington for stability in the region. We want the status quo. We want the way it is neither unification, neither independence. The way it is is the way we want to live right now, said Yui, Taiwan's de-facto ambassador to the U.S., noting the stance is largely supported at home and will guide th
Election results complicate global diplomacy
In the recent Taiwan election, anti-China Lai Ching-te emerged victorious, prompting distinct responses from China, the United States, and Russia. Watch the video to know who said what
Retired US officials met with Taiwan's President Tsai Ing-wen on Monday and praised the island's democratic process that produced a new president-elect and legislature over the weekend in defiance of China's claim of sovereignty over Taiwan and threat to annex it by military force. Taiwan's democracy has set a shining example for the world, a democratic success story based on transparency, the rule of law and respect for human rights and freedoms," former national security advisor Stephen Hadley said. America's commitment to Taiwan is rock solid," he said. Taiwan on Saturday elected current Vice President Lai Ching-te as the new head of government, a move likely to prompt China to maintain its military, diplomatic and economic threats against the island. Hadley was joined by former Deputy Secretary of State James B. Steinberg, who affirmed bipartisan support for Taiwan based on our unofficial but warm relationship, our insistence on exclusively peaceful means to address the cross .
Voters chose as their next president Lai Ching-te, the current vice president, who has vowed to continue his party's policy of protecting the island's sovereignty
Taiwan on Sunday condemned what it said were fallacious comments by China following the self-governing island's presidential and parliamentary election the previous day. The verbal sparring did not bode well for the future of Taiwan's relations with China under the winner, President-elect Lai Ching-te, or for China's relations with the United States. The US said it has asked two former officials to go to Taiwan this week for post-election meetings with political leaders, a move that will likely displease China. Former National Security Advisor Stephen Hadley and former Deputy Secretary of State James Steinberg will arrive in Taipei on Monday and have meetings on Tuesday, the American Institute in Taiwan said in a news release. The institute is the de-facto US Embassy, since the United States does not have formal diplomatic relations with Taiwan. Lai's victory means the Democratic Progressive Party will continue to hold the presidency for a third four-year term, following eight year
Addressing thousands of supporters at a rally after coasting to a win in the Presidential elections, Lai said Taiwan managed to stay on the world map through the conduct of the polls
Taiwan, in response, sent aircraft and naval ships and deployed air defence missile systems to monitor the PLA activity
This marks the historic third-straight victory for the DPP after Tsai Ing-wena completed her two terms as Taiwan President since 2016
The world is keenly watching Taiwan as its citizens prepare to vote for a new President and Parliament amidst escalating tensions with China