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While supporters applaud Tsai for standing up to China, defending Taiwan’s sovereignty, freedom and democracy, critics blame her for straining ties with Beijing, stoking cross-strait tensions. Beijing, which deems the tacit agreement a precondition for dialogue, has cut official contact with Taipei since Tsai took office. Taiwan President Tsai inspects reservists at a training session at a military base in Taoyuan on May 11, 2023. But under Tsai, Taiwan has sought to enhance its asymmetric defense capabilities, developing and procuring cheaper and more mobile weapon systems that could be instrumental in halting a potential Chinese invasion. Taiwanese military experts have increasingly advocated for such an approach, noting that Taiwan can never match China in military might and assets.
Persons: Taipei CNN — Tsai Ing, introvert, ” Tsai, Xi Jinping, Xi, Tsai, stoking, Taiwan’s, Lai Ching, , Alex Chan Tsz Yuk, Wellington Koo, , Vanessa Hope, Ma Ying, Taiwan's, Jose Lopes Amaral, Wen, Amanda Hsiao, Nancy Pelosi, Chien Chih, Nancy Pelosi’s, Huang, Jameson Wu, ” Sung, ” Hsiao, “ Tsai, Sawayasu Tsuji, Sung, ” Tsai’s, , Lai Organizations: Taipei CNN, Democratic Progressive Party, DPP, Kuomintang, KMT, World Health Organization, WHO, Atlantic, Trump, Biden, International Crisis, US, Getty, World Health Assembly, National Chengchi University, Getty Images, Taiwan’s Military Academy, ” Tsai’s DPP Locations: Taipei, Taiwan, China, United States, Beijing, Tsai, Asia, Wellington, Ukraine, Gaza, Japan, Czech Republic, Republic of China, Taoyuan, AFP, Washington, Hong Kong
A Forest Retreat in ‘Tokyo’s Backyard’
  + stars: | 2024-05-17 | by ( Kurt Soller | Josh Robenstone | ) www.nytimes.com   time to read: 1 min
Although the two had regularly worked in the country (their firm is currently renovating Tokyo’s Ritz-Carlton), neither of them ever imagined they’d settle permanently in Japan. Over the course of three years, however, they moved out of their Hong Kong apartment, sold their home in Taipei, Taiwan, and bought the last available piece of land next to their existing Japanese property, just over an acre crowded with cherry, pine and larch trees that flash gold, green or gray depending on the season. The pair had considered other Japanese locales where they could one day retire — snowy Niseko; Hakone, by the sea — yet it was ultimately in Karuizawa, Ng says, that they wanted to prove, after years of championing glamour and shine, that they could make someplace “supertranquil” for themselves.
Persons: Ng Organizations: Ritz, Carlton Locations: Japan, Hong Kong, Taipei, Taiwan, Hakone, Karuizawa
(Photo by Walid Berrazeg/SOPA Images/LightRocket via Getty Images)Uber Technologies will acquire the Taiwan business of Delivery Hero -owned Foodpanda for $950 million in cash, as Foodpanda focuses on other markets. In a separate agreement, Delivery Hero will sell $300 million in newly issued ordinary shares to Uber. Taiwan's food delivery market is dominated by Foodpanda and Uber Eats. Delivery Hero said in February it had ended talks to sell its Foodpanda business in selected Southeast Asian markets. Östberg told CNBC the same month that the firm was "happy" to hold on to its Foodpanda business in Southeast Asia "forever."
Persons: Walid Berrazeg, Niklas Östberg, Pierre, Dimitri Gore, Uber, Foodpanda, Östberg, – CNBC's Ryan Browne, Dylan Butts Organizations: Getty, Technologies, Coty, Foodpanda, CNBC Locations: TAIPEI, TAIWAN, Taipei, Taiwan, Asia, Singapore, Malaysia, Thailand, Philippines, Hong Kong, Southeast Asia
Taiwan's defense ministry said on Friday it had detected a renewed incursion by Chinese military aircraft across the sensitive Taiwan Strait, as China reported its navy had carried out combat drills with landing craft. Taiwan's defense ministry said on Friday it had detected a renewed incursion by Chinese military aircraft across the sensitive Taiwan Strait, as China reported its navy had carried out combat drills with landing craft. The median line is used to serve as an unofficial border between the two sides, but Chinese military aircraft now regularly cross it. Taiwan said on Thursday that China had carried out a "joint combat readiness patrol" near the island for the second time in a week. China's defense ministry did not answer calls seeking comment on Friday, the country being in the middle of its Labor Day holiday.
Organizations: Labor, Eastern Theatre Command, Liberation Army Locations: Taiwan, China, Beijing, Taipei, Keelung
Opinion: Winds of fate confront Trump
  + stars: | 2024-04-28 | by ( Richard Galant | ) edition.cnn.com   time to read: +19 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. To Trump’s delight, the top court’s session dimmed the chances the federal case will go to trial before the election. (Trump has denied the affairs with Daniels and McDougal and has pleaded not guilty to the hush money charges. Here’s why we should tune in anyway 04:27 - Source: CNNAs SE Cupp noted, “Trump and Biden debated twice in 2020. Chris Pizzello/Invision/APCNN anchor Victor Blackwell is a fervent Beyoncé fan but her foray into country music didn’t initially grab him.
Persons: CNN —, Yabushige, Yoshii, , , Toranaga, Donald Trump’s, Trump, Stormy Daniels, Jack Smith, Steve Vladeck, Neil Gorsuch, ” Clay Jones, immunizing Trump, John Roberts, Roberts, ” Vladeck, Joey Jackson, David Pecker, Pecker’s “, Michael Cohen …, Norm Eisen, George T, Conway III, Jill Filipovic, Melania Trump, Melania, Daniels, McDougal, ” Bill Bramhall, Frida Ghitis, Jonathan Greenblatt, ” “, Rev, Serene Jones, Israel … ”, Julian Zelizer, , Lyndon Johnson, Hubert Humphrey, Richard Daley, Richard Nixon, Fareed Zakaria, Ian Berlin, I’m, Bill Bramhall, Kara Alaimo, ” Alaimo, “ Trump, Biden, CNN’s Jake Tapper, ABC’s George Stephanopoulos, Chip Bok, Clarissa Wei, Mike Johnson, Sen, John Fetterman of, Johnson, Scott Jennings, it’s, Mark Hannah, “ Biden, ” Biden, Hannah, Deborah Carr, Gerry Turner, Theresa, ’ —, ” Carr, ” Don’t, Terri Gerstein, Hasan Merali, Tess Taylor, Jeff Yang, Dean Obeidallah, Joey Weatherford, Beyoncé, Chris Pizzello, Victor Blackwell, didn’t, , Carter, she’s, CNN FlashDocs, Duke Ellington, Sammy Miller, Billy Strayhorn, Ellington, Strayhorn, Michael Ochs, “ Ellington, Organizations: CNN, Republican, Art Deco New, , Trump, New, American Media, National Enquirer, Agency, Columbia University , Yale, Defamation League, Hillel, Columbia, Force, Union Theological Seminary, New York City Police Department, Columbia University, Twitter, Facebook, Democratic, Convention, Chicago police, Yale, Real Housewives, Syndicate, Theresa Nist, Nashville’s, Max, Michael Ochs Archives Locations: New York, Washington, Florida, Georgia, Israel, Israeli, Columbia, Gaza, Chicago, Vietnam, Taiwan, China, America, Taipei, , Ukraine, John Fetterman of Pennsylvania, Fetterman, Crimea, Los Angeles, Sugar, Harlem
A New Pacific Arsenal to Counter China
  + stars: | 2024-04-26 | by ( John Ismay | Edward Wong | Pablo Robles | ) www.nytimes.com   time to read: +15 min
They call it an encirclement of their nation and say the United States is trying to constrain its main economic and military rival. The United States also has a new security agreement with Papua New Guinea. On Wednesday, Mr. Biden signed a $95-billion supplemental military aid and spending bill that Congress had just passed and that includes $8.1 billion to counter China in the region. In addition, the United States continues to send weapons and Green Beret trainers to Taiwan, a de facto independent island and the biggest flashpoint between the United States and China. A swarm of Chinese militia and Coast Guard vessels chased a Philippine Coast Guard ship in the South China Sea last year.
Persons: Xi Jinping, Biden, Antony J, Blinken, Yuri Gripas, ” Ely Ratner, Xi, ” Kurt Campbell, Joseph Wu, , , Samuel J, Paparo Jr, Mr, Paparo, Carl Vinson, Richard A, Brooks, Trump, Lloyd J, Austin III, Chen Jining, Jes Aznar, David H, Berger, Obama, Tony Mcdonough, United States —, Admiral Paparo, China’s “ revanchist, we’re Organizations: Australian, U.S, Marines, United, Pentagon, Corps, Mr, White House, White, The New York Times, American, Marine, Green, China’s, Liberation Army, Seoul SOUTH, Pacific Command, People’s Liberation Army, Agence France, Nuclear Forces Treaty, Defense, Communist Party, Tokyo Okinawa, U.S . Navy, Coast Guard, Philippine Coast Guard, Marine Corps, Army, Philippines Luzon Partner, Australia Darwin Potential, NATO, Tomahawk Locations: Beijing, United States, Papua New Guinea, Philippines, Japan, Okinawa, Taiwan, Asia, Pacific, U.S, China, Shanghai, South China, South Korea, Guam, Washington, Manila, Taipei, People’s Republic of China, Palau, West Papua, Seoul, Tokyo JAPAN CHINA Taipei TAIWAN Hong Kong, GUAM philippines MALAYSIA INDONESIA JAPAN CHINA TAIWAN, philippines GUAM, INDONESIA Seoul, GUAM philippines, MALAYSIA INDONESIA, Philippine, Moscow, Tokyo, Ryukyu Islands, South, Philippines Luzon, Luzon, Spratly, Australia, Canberra, Singapore, Darwin, Australia’s, . North Carolina, Virginia, Perth, United Kingdom, Navy’s, America
To meet her sales targets, the betel nut “must be delicious.” she told CNN in an email. A betel nut stall in Taipei. “I loved driving there because there were the betel nut girls,” she recalled in a phone interview. One of Han's subjects, Ju Ju, is pictured at a booth in the city of Taoyuan. But Ju Ju has since grown to value the stability of the job.
Persons: Mong Shuan, Mong, Constanze Han, , , we’d, Han, Han “, ’ ”, Susan Meiselas, Xiao Hong, Ju, Ju Ju, , Constanze Organizations: CNN, Mong, , island’s Ministry of Health, Welfare Locations: Taiwan, Asia, Taipei, Kaohsiung, Amsterdam, Hong Kong and New York, America, New England, New Taipei City, Taoyuan, Constanze
My dad still remembers the anxiety that engulfed the island when the United States cut off diplomatic recognition of Taiwan in favor of the People’s Republic of China in 1979. My parents considered America a safe haven and wanted me to grow up with all its comforts. Of course, comparing the United States and Taiwan this way without acknowledging the nuanced socio-political contexts can be misleading. Clarissa WeiThe biggest shift, then, has been how the people of Taiwan perceive the United States. The United States, on the flip side, is the 131st.
Persons: Clarissa Wei Editor’s, Clarissa Wei, , , Annabelle Chih, there’s, Tyrone Siu, Donald Trump, Joe Biden, “ Wei, Ting Yen, I’m, nodded, Billy H.C, Kwok, It’s, Republican —, Xi Jinping, “ Trump Organizations: Taipei CNN, CNN, America, Metro, Trump, Taiwan, Franklin & Marshall College, 131st, San Francisco Bay Area, China’s Communist Party, Republican Locations: Taiwanese American, Taipei, Taiwan, China, United States, People’s Republic of China, America, Los Angeles, Taiwanese, Kaohsiung, San Francisco Bay
At law school, we learned about "proximate cause," one of the few valuable concepts you can take from three years of drudgery. But was that the proximate cause? No, the real proximate cause, the one that's really at fault, was the February unemployment report, which came out on March 8. At the time, many thought the proximate cause of Nvidia's pirouette was the performance of two chipmaker peers. Surely those two updates couldn't be the proximate cause of the peak of Nvidia, right?
Persons: It's, Let's, pirouette, Matt Murphy, Jay Powell, Powell, Zeus, Biden, Jim Umpleby, ferociously, Jeff Marks, Morgan Stanley, haven't, Mills, Jim Cramer's, Jim Cramer, Jim, Ann Wang Organizations: Nvidia, hasn't, Marvell Technology, Club, Broadcom, Marvell, Federal, Caterpillar, Microsoft, Nasdaq, Apple, Procter, Gamble, Jim Cramer's Charitable, CNBC, Micro Locations: It's, what's, Wells Fargo, Taipei, Taiwan
Taipei, Taiwan — Taiwan President Tsai Ing-wen on Saturday offered her congratulations to Taiwanese drag queen Nymphia Wind for winning “RuPaul’s Drag Race,” the first person from East Asia to take the crown. “Congratulations to you, Nymphia Wind, for being so accomplished in the difficult art form of drag, and for being the first Taiwanese to take the stage and win on ‘RuPaul’s Drag Race’,” Tsai wrote on Instagram in English. “Right after being crowned queen, you said ‘Taiwan, this is for you.’ Taiwan thanks you for living fearlessly.”Nymphia Wind and other drag queens prepare for a performance in Taipei on October 21, 2023. Stars from “Drag Race,” which has just ended its 16th season, also come to Taiwan to perform. Ann Wang/ReutersTaiwan’s openness on LGBTQ+ issues stands in marked contrast with its giant neighbor China, which claims the island as its own territory.
Persons: Tsai Ing, Tsai, ” Tsai, Ann Wang, Lai Ching, Taiwan’s Organizations: Democratic Progressive Party, DPP, Reuters, Pride Locations: Taipei, Taiwan, East Asia, Asia, East, China
Joint concerns over China’s increasing assertiveness under Xi, including toward Taiwan, are a key driver of that summit. Chinese leader Xi Jinping shakes hands with then Taiwan President Ma Ying-jeou before their meeting in Singapore on November 7, 2015. Taiwan's former President Ma Ying-jeou speaks to reporters ahead of his visit to China at the Taoyuan International Airport on April 1, 2024. Ma Ying-jeou” or former chairman of the KMT, with no mention of his former role as the president of Taiwan. Reaction in TaiwanMa’s itinerary – and his meeting with Xi – has been closely watched in Taiwan.
Persons: Xi Jinping, Ma Ying, Xi, Chiang Kai, Eric Chu, Ma, ” Chu, Lai Ching, Joe Biden, Biden, Fumio Kishida, Roslan Rahman, Amanda Hsiao, , underscoring, ’ ”, Tsai Ing, , Lai, Lai’s, fixating, , ” Sung, China –, Ma’s, Hsiao, Yan Zhao, Mr, Sun, Xi –, Sung, ” Ma, James Chen Organizations: Hong Kong CNN, Beijing, Kuomintang, KMT, China’s, shek’s Nationalists, , Democratic Progressive Party, CNN Beijing, Japanese, Getty, International Crisis, Atlantic, , Taoyuan International Airport, Communists, Nationalists, Atlantic Council, Taiwan’s Tamkang University, DPP Locations: China, Hong Kong, Taiwan, Beijing, Taipei, Singapore, Washington, Japan, Philippines, AFP, Taoyuan, Guangzhou, Republic of China, Shaanxi, United States, China . Washington
CNN —Close relatives of people with treatment-resistant depression are nine times more likely to develop depression that also does not respond to traditional treatment, a new study found. For people with treatment-resistant depression, also known as TRD, standard treatments such as psychiatric therapy and antidepressants may not work well, if at all. Being aware that treatment-resistant depression runs in families can help with early treatment options, experts say. First-degree relatives of people with TRD, which include parents, siblings and children, were nine times as likely to develop treatment-resistant depression and were at high risk of all-cause death and death by suicide compared with relatives of people without TRD, the study found. “So, this is a very welcome study indeed and goes someway to addressing the massive underrepresentation of Asian people in studies.”
Persons: CNN —, ., Ta Li, Yang Ming, , Andrew McIntosh, McIntosh, Justin Paget, ” Li, Li, , ” McIntosh Organizations: Lifeline, CNN, Tung University, Centre, Clinical, Sciences, University of Edinburgh, Digital Locations: Taipei, Taiwan, Scotland, Europe, North America
A person walks past an area of a damaged building that is cordoned off following the earthquake on April 04, 2024 in Hualien, Taiwan. A helicopter ferried to safety six miners trapped on a cliff in a dramatic rescue after the quake cut off the roads into Hualien's soaring mountains, in footage shown by the department. People in largely rural and sparsely populated Hualien county were readyingto go to work and school when the earthquake struck offshore on Wednesday. Dozens of residents queued outside one badly damaged 10-storey building, waiting to go in and retrieve belongings. She recalled the moment the quake struck, sending the building lurching and furniture sliding, while she rushed to save the four puppies she keeps as pets.
Persons: Yu, Tian Liang, I'm Organizations: Reuters Locations: Hualien, Taiwan, Taipei
A powerful earthquake struck off Taiwan early Wednesday, rocking the entire island and collapsing buildings. Japan issued a tsunami alert for the southern Japanese island group of Okinawa. A powerful earthquake rocked the entire island of Taiwan early Wednesday, collapsing buildings in a southern city and creating a tsunami that washed ashore on southern Japanese islands. The Japan Meteorological Agency forecast a tsunami of up to 3 meters (9.8 feet) for the southern Japanese island group of Okinawa. A wave of 30 centimeters (about 1 feet) was detected on the coast of Yonaguni island about 15 minutes after the quake struck.
Organizations: Television, U.S . Geological Survey, Japan Meteorological Agency Locations: Taiwan, Japan, Okinawa, Hualien, Taipei, U.S, Yonaguni, Miyako
The winners NVDA YTD mountain Nvidia (NVDA) year-to-date performance Nvidia came in No. META YTD mountain Meta Platforms (META) year-to-date performance Meta Platforms climbed 37.2% in the first quarter, coming in at second place within the portfolio. The laggards AAPL YTD mountain Apple (AAPL) year-to-date performance Apple suffered the most first-quarter losses in the portfolio, slumping 10.9% during the period. FL YTD mountain Foot Locker (FL) year-to-date performance Shares of Foot Locker declined 8.5% in the first quarter, making the sneaker retailer the second-worst-performing stock in the portfolio. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance Palo Alto Networks stock fell 3.7% during the first quarter, rounding out No.
Persons: Dow, chipmaker, It's, Instagram, Meta's, Jim Cramer, Walt Disney, Nelson Peltz, Jim, Peltz's Trian, Eli Lilly, LLY, Eli Lilly's, Apple, Locker's, Locker, Jim Cramer's, Jensen Huang, Ann Wang Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Facebook, Wall, DIS, Walt Disney, Peltz, Peltz's Trian Partners, Disney, U.S, Department of, Apple, Evercore ISI, Citigroup, Nike, Starbucks, Palo Alto Networks, Palo, Jim Cramer's Charitable, CNBC Locations: China, Seattle, U.S, Palo, Taipei, Taiwan
Satellite images show China's mock-up of Taiwan's presidential office at a desert training site. AdvertisementOut in the desert at a military training site, China has built a mock-up of a key area of Taiwan's capital city where the presidential office and other government buildings are located, satellite images show. Related storiesThe office mock-up was a convincing replica. A general view of the Presidential Office Building in Taipei. People watch a video about China's military advancements at the Military Museum in Beijing on March 3, 2024.
Persons: , Joseph Wen, Wen, it's, Walid Berrazeg, Chiu Kuo, cheng, John Aquilino, GREG BAKER, Party's Lai Ching, Hou Organizations: Service, Alxa League, Planet Labs, Business, Planet, CCTV, Presidential, Rocket Force, Alxa, US, Pacific Command, US Armed Services House Committee, Military Museum, Getty Images, Democratic, ih Locations: China, Taiwan, Alxa, Mongolia, Taipei, Taiwan's, Zhurihe, Inner Mongolia, Beijing, AFP, Getty Images China, It's
Joseph Wu, the foreign minister of Taiwan, said on Thursday that a halt in U.S. arms shipments to Ukraine would embolden China in its aggressions against Taiwan and fuel propaganda from Beijing that the United States is an unreliable partner. “When people ask us whether it is OK for the United States to abandon Ukraine, the answer is no, because the world is operating not in a black-and-white way, or if you only look at one theater at a time,” he said. “The world is interconnected.”If Russia is able to occupy more of Ukraine and claim victory, he added, “it would be seen as a victory of authoritarian states because Russia, China, North Korea and Iran, they are now linked together.”Mr. Wu’s comments, made in a wide-ranging hourlong interview in Taipei, come as the Biden administration tries to get Congress to pass a supplemental funding package that would give $60 billion of aid to Ukraine.
Persons: Joseph Wu, , , ” Mr, Wu’s Organizations: Biden Locations: Taiwan, Ukraine, China, Beijing, United States, Russia, North Korea, Iran, Taipei
Asia’s 50 best restaurants for 2024 revealed
  + stars: | 2024-03-27 | by ( Karla Cripps | ) edition.cnn.com   time to read: +5 min
CNN —After losing the number one spot to Bangkok in 2023, Tokyo has reclaimed its crown as the city with the top eatery in the region at the annual Asia’s 50 Best Restaurants Awards, which were announced in Seoul, South Korea on Tuesday evening. The list – part of the global “World’s 50 Best” brand – is compiled by the Asia’s 50 Best Restaurants Academy, which is made up of more than 300 food critics, writers, chefs and restaurateurs, all selected for their knowledge of Asia’s restaurant scene. Though Singapore didn’t have any restaurants in the top five, nine of its venues made the top 50 list – more than any other city. Courtesy The World's 50 BestThe “Asia’s Best Female Chef” award went to Pichaya ‘Pam’ Soontornyanakij, owner of Bangkok restaurant Potong, which came in at 17 on this year’s list. Mineko Kato of restaurant Faro in Tokyo won the Asia’s Best Pastry Chef award and Kevin Lu of Logy, in Taipei, was voted Asia’s Best Sommelier.
Persons: Daniel Calvert, Calvert, , , Sézanne, I’ve, we’d, Gaggan, Seroja, Gaggan Anand, Thitid “, Sühring, Le Du –, Ton, Bangkok –, Odette, Pichaya, Pam ’ Soontornyanakij, Ton’s Nusara, Mineko Kato, Kevin Lu, Logy, Sung Anh, Mosu, Danny Yip, Hong, Le, Fu, Hui, Samrub, Villa, Ling Long, Ando, Les Amis, Baan, Goh, Anan, Tam’s Organizations: CNN, Marunouchi, Restaurants Academy, Hospitality, Toyo, Meta, Studio, Bund Locations: Bangkok, Tokyo, Seoul, South Korea, Japan, France’s Champagne, Maronouchi, Asia, , Kolkata, Hong Kong, Singapore, Thai, ” Singapore, Faro, Taipei, Nusara, Suhring, Osaka, Odette, Sorn, Le Du, Potong, Shanghai, Logy, Masque, Mumbai, Manila, Delhi, Seroja, Taichung, Taiwan, Mume, Wakayama, Lolla, Avartana, Chennai, India, Fukuoka, Jakarta, Kyoto, Anan Saigon, Ho Chi Minh City, Macao
Taiwan Sees US Support Unchanged No Matter Who Wins Election
  + stars: | 2024-03-27 | by ( March | At P.M. | ) www.usnews.com   time to read: +2 min
TAIPEI (Reuters) - Taiwan's foreign ministry said on Thursday it believes U.S. support will remain unchanged no matter who wins the presidential election, but it will stay on guard for Taiwan-China issues being "manipulated" as the campaign heats up. In a report to lawmakers, Taiwan's foreign ministry noted that even though the U.S. election's outcome was not certain, there was cross-party support for the island. Taiwan will continue to have balanced exchanges with both parties, but needs to be on guard for how Taiwan-China issues may feature in the election, the ministry added. Meeting Taiwan President Tsai Ing-wen in Taipei on Thursday, U.S. "This includes a strong Taiwan maritime strategy and how we can work together on shared goals to counter China on their increasingly aggressive actions in the region."
Persons: Trump, Joe Biden, Tsai Ing, Jack Bergman, Bergman, Donald Norcross, Jimmy Panetta, Taiwan's, Ben Blanchard, Fabian Hamacher Organizations: Taiwan, Republican, House Armed Services, Democratic Locations: TAIPEI, Taiwan, China, U.S, Taipei, United States
Ahead of Wednesday's Monthly Meeting, here's a look at the best-performing Club stocks since Feb. 23, the session before the annual gathering, through Tuesday's close. NVDA mountain 2024-02-23 Nvidia's stock performance since the close of Feb. 23, 2024. DIS mountain 2024-02-23 Disney's stock performance since the close of Feb. 23, 2024. ETN mountain 2024-02-23 Eaton Corp.'s stock performance since the close of Feb. 23, 2024. STZ mountain 2024-02-23 Constellation Brands' stock performance since the close of Feb. 23, 2024.
Persons: Bob Iger, Nelson Peltz's Trian, Peltz, Eaton, it's, didn't, Wedbush, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Lam, Fei Organizations: Nvidia, Blackwell, Apple's, Disney, Club, ESPN, Nelson Peltz's Trian Partners, Eaton Corp, Street, Federal Aviation Administration, Boeing, Wall Street, Constellation Brands, Nielsen, Wedbush Securities, Wine, DuPont, Barclays, CNBC, Nvidia Corp, Bloomberg, Getty Locations: U.S, Tuesday's, STZ, Taipei, Taiwan
"No American company, especially those receiving taxpayer funding, should be fueling its innovation," he said, referencing Intel's expected grant from the Commerce Department to expand its U.S. chip production. Republican Senator Marco Rubio called on the Biden administration to revoke Intel's license to sell to Huawei "immediately" following the Reuters report. Intel, Huawei, the Commerce Department and the White House declined to comment. Intel's share of sales of Huawei laptops containing its chips soared during the period from 52.9% to 90.7%, according to the presentation. Meanwhile, Huawei continues to rely heavily on Intel chips for its laptops, its website shows.
Persons: Patrick Gelsinger, Marco Rubio, Biden, Joe Biden, Trump, Donald Trump Organizations: Intel Corp, Intel Innovation, Intel, Huawei, Commerce Department, Republican, Reuters, AMD, Devices, White, Embassy, NPD, GfK, IRI, NIQ, U.S Locations: Intel Innovation Taipei, Taipei, Taiwan, U.S, China, Washington, United States, Beijing
London CNN —Damage to undersea cables in the Red Sea is disrupting global telecommunications networks and forcing internet providers to reroute as much as a quarter of traffic between Asia, Europe and the Middle East. Cables belonging to four major telecoms networks have been “cut” causing “significant” disruption to communications networks in the Middle East, according to Hong Kong telecoms company HGC Global Communications. HGC estimates that 25% of traffic between Asia and Europe as well the Middle East has been impacted, it said in a statement Monday. Among the networks affected is the Europe India Gateway, spanning 15,000 kilometers (9,320 miles) between Europe, the Middle East and India. Asia-Africa-Europe, a 25,000-kilometer cable system connecting South East Asia to Europe via Egypt, has also been damaged.
Persons: ” HGC, Abdel Malek al, Houthi, Wayne Chang, Celine Alkhaldi, Alex Stambaugh Organizations: London CNN, Cables, HGC Global Communications, Globes Locations: Asia, Europe, Hong Kong, Iranian, Red, Europe India, East, India, Africa, South East Asia, Egypt, Taipei, Abu Dhabi
In 2020, the balance of military power in the Taiwan Strait began a gradual but profound shift in China’s favor. That August, then-Secretary of Health and Human Services Alex Azar became the highest-ranking U.S. cabinet official to visit Taiwan in more than four decades. responded by carrying out large-scale military exercises around the self-governing island, sending aircraft over the median line of the Taiwan Strait for only the third time in more than 20 years. Alarm bells should be ringing, but neither Taiwan nor the United States have taken meaningful action to deter China, and Taiwan’s response has been inconsistent and lacks transparency, which may further embolden Beijing. A more robust approach is needed to deter China from escalating the situation.
Persons: Alex Azar Organizations: Health, Human, Liberation Army Locations: Taiwan, Taiwan Strait, China, Taipei, Washington, United States, Beijing
The Republican Speaker of the U.S. House of Representatives, Mike Johnson, has so far blocked passage of the bill that includes $60 billion in new funding for Ukraine. Former Republican President Donald Trump opposes aid for Kyiv. "Every single meeting we had in Taiwan focused on Ukraine for at least part of the meeting. The lawmakers meetings in Taipei included President Tsai Ing-wen and president-elect Lai Ching-te, who won election last month and takes office in May. The committee's chair, Republican Congressman Mike Gallagher who is leading the delegation Krishnamoorthi is on, said what happened to Ukraine mattered to Taiwan.
Persons: Mike Gallagher, Han Kuo, Sam Yeh, Mike Johnson, Donald Trump, Krishnamoorthi, Putin, Xi, Vladimir Putin, Tsai Ing, Lai Ching Organizations: of, Kuomintang, KMT, Afp, Getty, U.S, Republican, U.S . House, Ukraine, Kyiv, Democratic Locations: Taipei, China, Taiwan, U.S, Ukraine
Taipei, Taiwan CNN —American support for Taiwan will continue no matter who wins the upcoming US election, House Rep. Mike Gallagher told an audience in the democratic island on Thursday, as tensions simmer between Taipei and Beijing. “I’m confident regardless of how the presidential election goes, we will maintain our support not only for Taiwan but also a posture of internationalism and engagement,” Gallagher told reporters in the capital Taipei. Gallagher said American efforts to support Ukraine’s defense against Russia’s invasion were also critical to deterring Beijing from using force against Taiwan. American lawmakers regularly visit Taiwan and have supported legislation to bolster US support for the island and its defensive capabilities. 07:53 - Source: CNNTroubled watersThe delegation’s visit comes during a period of heightened tensions between China and Taiwan, sparked by the drowning of two Chinese fishermen near Taiwan’s Kinmen Island last week.
Persons: Mike Gallagher, , ” Gallagher, Gallagher, Donald Trump, Trump, Joe Biden, Raja Krishnamoorthi, Tsai Ing, Lai Ching, Tsai, ” Tsai, China, , ” “, , ” Zhu Fenglian, Chen Chien Organizations: Taiwan CNN, Communist Party, Taiwan, NATO, Democratic, Washington, CNN, Taipei, Republican, Wisconsin, Chinese Foreign Ministry, Taiwan Affairs Locations: Taipei, Taiwan, Beijing, China, Ukraine, Europe, Raja, United States, Taiwanese,
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