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☆ What tie-ups in the U.S. oil patch could mean for players like Coterra Energy
▼ + stars: | 2023-10-19 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

While we don't own companies as mergers-and-acquisition plays, the potential for more tie-ups could have significant implications for our remaining oil name: Coterra Energy (CTRA). Chevron's market cap is around $324 billion, while ConocoPhillips is worth roughly $152 billion, based on Thursday's stock prices. Companies in this basket could include Coterra, Devon Energy (DVN) and Diamondback Energy (FANG). Coterra is valued at roughly $22.4 billion Thursday, while Devon and Diamondback are valued at $31.7 billion and $30.5 billion, respectively. The shift has generally been positive for the stock prices of oil companies.

Persons: Gabriele Sorbara, Siebert Williams Shank, Nitin Kumar, I'm, Kumar, Pioneer's, Devon, Paul Cheng, Cheng, Jim Cramer's, Mizuho's Kumar, Jim Cramer, Jim, Paul Ratje Organizations: Exxon Mobil, Natural Resources, Coterra Energy, Exxon, Co, Chevron, ConocoPhillips, Mizuho Securities, Companies, Devon Energy, Diamondback Energy, Marathon, Bloomberg, Scotiabank, Pioneer, Jim Cramer's Charitable Trust, CNBC, Afp, Getty Locations: U.S, West Texas, New Mexico, Coterra, Devon, Oklahoma, Houston

☆ Ride the weight loss drug wave with this gym stock set to nearly double, says Evercore ISI
▼ + stars: | 2023-10-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Planet Fitness shares could soar as new weight loss drugs become popular and users flock to the gym, according to Evercore ISI. Shares of Planet Fitness have dropped about 30% in 2023, plunging 16% in a single day last month when the company announced the surprise ousting of CEO Chris Rondeau . Although GLP-1 drugs aid weight loss by suppressing appetite, it's still essential for patients to adopt healthy habits for long-term success. This is a positive development for Planet Fitness, resulting in a rush of new gym memberships, Cheng said. He estimated that one million new members would amount to roughly 15% upside in earnings per share for Planet Fitness by 2025.

Persons: Warren Cheng, Evercore, Chris Rondeau, Cheng, Citi's Peter Verdult, —, Christina Cheddar, Berk, Michael Bloom Organizations: Fitness, ISI, GLP, Planet Fitness, Planet

CNN —Australian TV anchor Cheng Lei has been released by China and returned home to her family, Australia’s Prime Minister Anthony Albanese announced Wednesday, more than three years after she was detained on opaque espionage charges. “We are pleased to confirm that Australian citizen Ms Cheng Lei has arrived safely home in Australia and has been reunited with her family,” Albanese said in a statement. Cheng had been on her way to work on the morning of August 13, 2020, when she was taken by China’s Ministry of State Security, according to her partner Nick Coyle. Her release follows the completion of legal process in China, according to the Australian statement. Shortly afterwards, China’s Ministry of State Security said in a statement that Cheng was deported Wednesday after completing her sentence.

Persons: Cheng Lei, Anthony Albanese, Ms Cheng Lei, ” Albanese, “, Cheng, CGTN, Nick Coyle, –, Wang Wenbin, Wang, ” Wang, Coyle, Cheng “, ”, ” “ Organizations: CNN, China’s Ministry of State Security, ”, China’s Foreign, Tullamarine, of Foreign Affairs, Trade Australian, Canberra, Observers, Chinese Foreign Ministry, Sky News Locations: China, Australia, Beijing, Melbourne, Australian, Sky News Australia, FreeChengLei

☆ Taiwan Sets up Task Force to Study Israel-Hamas War
▼ + stars: | 2023-10-11 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +3 min

Chiu, asked by reporters at parliament about what lessons Taiwan has learned from Israel's conflict with Palestinian Hamas militants, said the ministry had set up a task force to monitor the situation. Taiwan holds presidential and parliamentary elections in January, which the main opposition party, the Kuomintang (KMT), has cast as a choice between war and peace. The KMT has accused the ruling Democratic Progressive Party (DPP) of taking Taiwan to the brink of war by intentionally provoking China, which it strongly denies. Senior DPP lawmaker Wang Ting-yu, responding on his Facebook page, criticised the KMT for not condemning China and its threats against Taiwan. Israel is an even smaller nation than Taiwan and likewise lives under constant threat," he told an audience that included Taiwan Foreign Minister Joseph Wu.

Persons: Yimou Lee, Ben Blanchard, Chiu Kuo, cheng, heightening, Chiu, Tsai Ing, Eric Chu, Chu, Wang Ting, Wang, Tsai, Scott Morrison, Joseph Wu, Gerry Doyle Organizations: Defence, Taiwan, Kuomintang, KMT, Democratic Progressive Party, Sunday, Beijing, Taiwan Foreign, Stockholm International Peace Research Institute Locations: Ben Blanchard TAIPEI, Taiwan, Israel, China, Beijing, Hamas, Palestinian, Australian, Taipei, Stockholm

☆ Regular investors are shedding mega-cap tech in this sell-off — especially one name
▼ + stars: | 2023-09-28 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Analyst Peng Cheng found the electric vehicle maker suffered the highest outflows of all individual stocks from retail investors in the past week. That's part of a bigger trend among individual investors of gradually selling mega-cap technology names, the analyst added. In the past week, retail investors pulled a net $411 million freom Tesla. Fellow mega-cap tech stocks Amazon and Meta Platforms were also among the most sold by individual investors last week. That means it would eclipse even the SPDR S & P 500 ETF Trust (SPY) , which tracks the S & P 500.

Persons: Tesla, Peng Cheng, TSLA, Cheng, they're, Vanda, — CNBC's Michael Bloom Organizations: JPMorgan, Nasdaq, Vanda Research, Trust, Wall

TAIPEI, Taiwan (AP) — Taiwan authorities fined a golf ball manufacturer 2.4 million New Taiwan dollars ($75,000) on Monday and warned of criminal charges for storing 30 times the legal limit of hazardous material and other violations after a major factory fire killed nine people and left one other missing. Launch Technologies is one of the world's major golf ball makers, producing 20% of the global supply last year. Since 2018, the company has been fined 200,000 New Taiwan dollars ($6,200) for safety and health violations and another 300,000 New Taiwan dollars ($9,300) over labor conditions, according to Taiwan's Occupational Safety and Health Administration. The company was also fined 300,000 New Taiwan dollars ($9,300) for air pollution violations in 2020, according to its 2021 annual report. Company general manager Lu Ying-cheng said at a news conference on Sunday that Launch Technologies has made improvements to the work environment in recent years.

Persons: Chou Chun, Chou, Lu Ying, cheng, ” Lu, Wanqing Chen Organizations: Taiwan, Technologies, Taiwan's Central News Agency, . Company, Launch Technologies, Safety, Health Administration, Company, Taiwan Stock Exchange, Associated Press Locations: TAIPEI, Taiwan, Pingtung, Beijing

☆ Taiwan raises concerns about situation 'getting out of hand' with China drills
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +3 min

China, which views democratically governed Taiwan as its own territory, has in recent years carried out many such drills around the island, seeking to assert its sovereignty claims and pressure Taipei. Warships from China's southern and eastern theatre commands have been operating together off Taiwan's east coast, he added. China has not commented about the drills around Taiwan, and its defence ministry has not responded to requests for comment. Ministry spokesman Sun Li-fang added that China's Eastern Theatre Command forces were the "attacking force", simulating a battle scenario. China normally performs large-scale exercises from July to September, Taiwan's defence ministry has said.

Persons: Tingshu Wang, Chiu Kuo, cheng, Chiu, Sun Li, Ben Blanchard, Roger Tung, Shri Navaratnam Organizations: Air Force, Eastern Theatre Command, Liberation Army, PLA, REUTERS, Rights, Taiwan Defence, Thomson Locations: Taiwan, Beijing, China, Rights TAIPEI, Shandong, Taipei

☆ Taiwan Raises Concerns About Situation 'Getting Out of Hand' With China Drills
▼ + stars: | 2023-09-22 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

China, which views democratically governed Taiwan as its own territory, has in recent years carried out many such drills around the island, seeking to assert its sovereignty claims and pressure Taipei. Warships from China's southern and eastern theatre commands have been operating together off Taiwan's east coast, he added. China has not commented about the drills around Taiwan, and its defence ministry has not responded to requests for comment. But China has increasingly been flexing its muscles off Taiwan's east coast, and generally displaying its ability to operate much further away from China's own coastline. China normally performs large-scale exercises from July to September, Taiwan's defence ministry has said.

Persons: Chiu Kuo, cheng, Chiu, Sun Li, Ben Blanchard, Roger Tung, Shri Navaratnam Organizations: Taiwan Defence, Eastern Theatre Command Locations: TAIPEI, Taiwan, Shandong, China, Taipei

☆ 3 former Californians share why they decided to chase the American dream in Texas
▼ + stars: | 2023-09-17 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

Having spent seven years in the costly city, Cheng couldn't ignore the profound effect its high living expenses were having on his finances. In 2021, almost 108,000 people migrated from California to Texas, according to an analysis of the most recent Census data. AdvertisementAdvertisementAs COVID-19 shut down the city, Cheng felt as if he and his wife's hard-earned money was being squandered. Courtesy of Jackie Burse"I chose the area because it's more affordable to live here as a single woman," Burse told Insider. While living in California, Burse had become increasingly concerned about parental rights and policy makers "overstepping boundaries."

Persons: Pengyu Cheng, Cheng couldn't, Cheng isn't, Thompson, Cheng, Austin, Jackie Burse, Burse, I've, I'm, Michael Sullivan, Rosa, Sullivan, Michael, Rosa's Organizations: Golden, Service, San, Bay Area, Apple, Texans, Republican, Sullivans, Corpus Christi Locations: California, Texas, Golden State, San Francisco, Bay, Valley, Redfin . Texas, Pengyu, Austin, Orange County, San Antonio , Texas, In California, San Antonio, Madera , California, Kingsville , Texas, Madera, Fresno, Kingsville, Corpus

☆ All smoke and no FIRE: Early retirees open up about the struggles of ditching their paychecks in exchange for freedom and the new ways they're generating extra income
▼ + stars: | 2023-09-13 | by ( Laila Maidan | Kathleen Elkins | ) www.businessinsider.com time to read: +14 min

Members pose questions from how to save and invest to how to raise a family while on the path to early retirement. Early retirement doesn't mean never working againBut the FIRE movement can be more smoke than fire. Think about what's important to you and what you want your lifestyle in early retirement to look like, Cheng said. One message he shares with his community is that early retirement may not be the ultimate finish line for everyone. He also started coaching high school tennis and grew his online blog that offers tips on early retirement.

Persons: Rachel Covert, Isaac Mizrahi, Covert, That's, subreddit, Gwendolyn Merz, Merz, She'd, Marguerita Cheng, Cheng, It's, Michael Quan, Quan, Winnie Jiang, Sam Dogen, Dogen, Sam Dogen Dogen, Shan Fu, Fu, I'm Organizations: Financial Independence, Social Security, Lean FIRE, FIRE, Fortune, Bureau of Labor Statistics, Credit Suisse, Millennials Locations: NerdWallet, New York City, Mexico, Portugal, Asia

☆ My wife and I left San Francisco for Austin to start a family. We love it because people talk less about their careers and more about their kids.
▼ + stars: | 2023-08-23 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Pengyu Cheng and his wife moved from San Francisco to Austin, Texas, in 2021. I first settled in San Jose and then moved to San Francisco in 2019. AdvertisementAdvertisementThe state's homelessness crisis — especially in San Francisco and Los Angeles — have also made living there unbearable. In 2021, my wife and I left San Francisco for Austin. We had enough of San FranciscoOur desire to leave San Francisco accelerated in 2020.

Persons: Pengyu Cheng, Cheng, Heidi Yu Organizations: Service, Austin, Apple Locations: San Francisco, Austin , Texas, Bay, Texas, Wall, Silicon, California, San Jose, Los Angeles, Pengyu, Austin, Francisco

CNN —Australian TV anchor Cheng Lei, who will have spent three years in detention in China as of Sunday, said in a rare message that she misses her family and life in Australia. Coyle told CNN the message had been dictated to diplomatic officers and shared with him. “I can’t believe I used to avoid the sun when I was living back in Australia,” Cheng’s message said. In her letter released Thursday, Cheng spoke fondly of her life in Australia, writing “I miss the Australian people.”“I remember camping for the first time with my family,” she writes. Coyle told CNN that he is only able to hear from Cheng after her consular visits, which happen once a month.

Persons: Cheng Lei, “, ”, Nick Coyle, FreeChengLei, Coyle, Cheng, ” Cheng, CGTN, ” Coyle Organizations: CNN, China’s Ministry of State Security, Australian Locations: China, Australia

☆ Long before whales, pioneering marine reptile was a filter-feeder
▼ + stars: | 2023-08-08 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

Artist's reconstruction shows the Triassic Period marine reptile Hupehsuchus nanchangensis, based on fossils unearthed in China's Hubei Province. Hupehsuchus is believed to have been a filter-feeder, akin to some of today's baleen whales. "Baleen whales are mammals and Hupehsuchus are reptiles. Marine reptiles asserted themselves. Two other ancient marine reptiles - Paludidraco, which lived about 230 million years ago, and Morturneria, which lived about 70 million years ago - appear to have used some type of filter-feeding.

Persons: Shi Shunyi, Long Cheng, Handout, Hupehsuchus, Mike Benton, Cheng, Will Dunham, Rosalba O'Brien Organizations: REUTERS, University of Bristol, BMC, Wuhan Center, China Geological Survey, Hupehsuchus, Thomson Locations: Hubei Province, Hupehsuchus, England, Siberia, Washington

☆ Exclusive: Foxconn EV venture targets India, Thailand for new small car
▼ + stars: | 2023-08-01 | by ( Sarah Wu | ) www.reuters.com time to read: +4 min

[1/3] Mobility in Harmony (MIH) Chief Executive Officer Jack Cheng speaks at an interview with Reuters at the headquarters of Foxconn's EV platform unit in Taipei, Taiwan July 27, 2023. India and Thailand are likely contenders for production sites, he said, adding that he expected India to be crucial to MIH's longer-term growth. "I'm building another Shanghai, probably in India," Cheng said. "If this is a Foxconn plant, fantastic, it's the mother company, we put it into the Foxconn plant. If this is a local India plant and it's even more competitive, give it to the India plant."

Persons: Jack Cheng, Ann Wang, MIH, Cheng, Foxconn, Sarah Wu, Kevin Krolicki, Jamie Freed Organizations: Reuters, Foxconn's, REUTERS, EV, PTT, NIO, HK, Foxconn, Thomson Locations: Taipei, Taiwan, TAIPEI, India, Thailand, Southeast Asia, EVs, China, Shanghai

"That doesn't get them completely out of the woods," said one Country Garden bondholder, who declined to be identified, adding that the developer was facing a further batch of bonds payments in coming months. "If sales don't improve people will worry about the repayment ability for developers like Country Garden who have large exposure in smaller cities," Cheng said. "Country Garden is a top developer in terms of sales. It has been another week of unsettling news in the property market in China. Other efforts are needed to boost buyers’ sentiment about the long-term trajectory of the property market," they added.

Persons: Raymond Cheng, Cheng, Friday's, Wanda, China's, Wang Jianlin, DWCM, selloff, Yao Yu, Wanda Commercial's, Ankur Banerjee, Jason Xue, Clare Jim, Xie Yu, Marc Jones, Tom Hogue, Robert Birsel, Sharon Singleton, Frances Kerry Organizations: HK, CGS, CIMB Securities, Dalian Wanda Group, ANZ, Dalian Wanda Commercial Management, P, JPMorgan, Reuters Graphics, Thomson Locations: SINGAPORE, HONG KONG, Hong Kong, China, Beijing, Greenland, Dalian, Singapore, Shanghai, London

☆ Here's how much Americans in their 40s have in their 401(k)s
▼ + stars: | 2023-07-13 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

People in their 40s may not be saving enough for retirement. Ideally, you should aim to have around three times your pre-tax salary saved for retirement by the time you enter your 40s in order to maintain your current lifestyle in retirement, according to Fidelity Investments. This means if you're in your 40s and earn $60,000 annually, you should aim to have around $180,000 already saved for retirement, for example. Median weekly earnings for Americans ages 45 to 54 is $1,239 or about $59,472 annually. Here are two retirement saving tips to keep in mind.

Persons: haven't, Marguerita Cheng, Cheng Organizations: Fidelity Investments, CNBC, Bureau of Labor Statistics, Blue

☆ Here's how much Americans in their 30s have in their 401(k)s
▼ + stars: | 2023-06-18 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

Instead, keep this key number in mind: your retirement savings rate, which is the percentage of your income you're contributing to your 401(k). As a younger worker, time is on your side when it comes to saving for retirement, Cheng says. If you're in your 30s, your income is likely to increase as you get older, which can allow you to make larger contributions to your retirement savings over time. 1 best piece of advice for regular investors, do's and don'ts and three key investing principles into a clear and simple guidebook. CHECK OUT: Here’s how much Americans have in their 401(k)s at every age

Persons: Marguerita Cheng, Cheng, Warren Buffett Organizations: Fidelity Investments, CNBC, Blue, Wealth, Fidelity

☆ One Change Could Help U.S. Drugmakers Save 11 Million Trees a Year
▼ + stars: | 2023-06-15 | by ( Dieter Holger | ) www.wsj.com time to read: +7 min

That equals more than 3.8 million metric tons of emissions from the production and disposal of the paper, or about 10.9 million trees. The company aims to have a plan by 2025 for all its medical information to go electronic by the end of the decade. PREVIEWOther countries have digitized drug information, with Japan leading the way. Singapore has been in the process of switching to digital information or so-called e-labeling for consumers and medical professionals since 2020. And since 2009, Australia has required digitized instructions for medical professionals and patients, although some drugs such as injectables may contain a hard copy.

Persons: Pam Cheng, Alyssa Schukar, ”, Cheng, Johnson, Joshina Kapoor, Eli Lilly, Avery Dennison, JP Gould, WestRock, Diana Harshbarger of, Diana Harshbarger, Richard Scholz, Jeremy Kahn, AstraZeneca’s Cheng, Joshua Martin, Dieter Holger Organizations: Alliance, AstraZeneca, Wall, pharma, Johnson, U.S . Food, Drug Administration, Pfizer, Pharmaceutical, Literature Association, Republican U.S . Rep, . House, REUTERS Rep, FDA, Senate, Association, Sustainable Business, Environmental, “, dieter.holger Locations: U.S, Japan, Diana Harshbarger of Tennessee, Tenn, American, Maihara, Singapore, Australia, North America

☆ Western Canada covered in smoke as wildfires loosen grip on Quebec
▼ + stars: | 2023-06-12 | by ( Ismail Shakil | ) www.reuters.com time to read: +3 min

[1/4] Smoke billows upwards from the Donnie Creek wildfire (G80280) south of Fort Nelson, British Columbia, Canada June 11, 2023. Wildfire Service/Handout via REUTERSOTTAWA, June 12 (Reuters) - Smoke shrouded Western Canada on Monday as wildfires flared again in the main oil-producing province of Alberta, while firefighters in Quebec doused some of the worst early season blazes, allowing thousands of evacuees to return home. "If you look at western Canada, it's completely covered by the smoke and that continues into Tuesday," federal meteorologist Gerald Cheng told reporters on Monday. "The risk for smoke is very high because the winds are really transporting the smoke throughout Alberta today and even into Tuesday." (Click here to read what health experts say about wildfire smoke.)

Persons: it's, Gerald Cheng, Cheng, Anita, Ismail Shakil, Mark Heinrich Our Organizations: Wildfire Service, REUTERS OTTAWA, Canadian Interagency Forest Fire, TC Energy, Health, U.S ., Canadian Defence, Thomson Locations: Fort Nelson, British Columbia, Canada, Alberta, Quebec, Netherlands, Europe, Saskatchewan, Manitoba, Edson, Edmonton, McMurray, U.S . East Coast, Alberta , Nova Scotia, Ottawa

The interest rate on your savings account is influenced by what the Federal Reserve does. When the Federal Reserve raises rates, the interest rate on your savings account tends to go up, too. The interest rate on a high-yield savings account fluctuates and isn't fixed. This means if you open an high-yield savings account, its normal to see the interest rate go up or down over time. If the Federal Reserve lowers interest rates, savings interest rates will usually drop.

Persons: —, Marguerita Cheng, Cheng, they've, you've Organizations: Federal, Federal Reserve, Service, CFP, RICP, Blue, Global Wealth, FDIC

☆ Autonomous agents are Silicon Valley's latest AI obsession. Here's why pizza-ordering bots may be coming to a computer near you soon.
▼ + stars: | 2023-05-10 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +7 min

"Autonomous AI agents" are AI bots that can plan and prioritize to achieve user-provided goals. However, the rise of AI agents has sparked concerns around safety and the potential for AGI. From assistants to digital friendsHowever, AI doomsdayers don't have to be too worried yet — the performance of these AI agents have often been less than stellar. Without the proper guardrails, AI agents with unrestricted access to the Internet may similarly take unanticipated steps to complete its goals, like transferring money from a bank account. And sometimes, the misuse of AI agents is intentional, rather than accidental.

☆ Amazon's Albert Cheng Celebrates His Asian Heritage
▼ + stars: | 2023-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's Albert Cheng Celebrates His Asian HeritageFor Asian American Pacific Islander Heritage Month, Amazon's Albert Cheng says he's happy to see the Asian community's voice growing louder and prouder.

☆ Cheng Lei: Family urges China to release Australian TV anchor detained for 1,000 days
▼ + stars: | 2023-05-09 | by ( Jessie Yeung | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Friends and family of Australian television anchor Cheng Lei on Monday renewed calls for her release from detention in China, 1,000 days after she was held by authorities on espionage charges. Australian authorities have expressed concern about her detention amid suggestions from analysts that strained ties between Canberra and Beijing may have provided impetus for the opaque case against her. While there were still some Australian journalists working in China, all are employed by non-Australian media companies. Cheng’s two children are being cared for by their grandmother in Melbourne, Australian public broadcaster ABC reported at the time of her original detention. “For a mother not to see her children for 1000 days is excruciating.

☆ US moving ahead with $500 million in arms aid for Taiwan, source says
▼ + stars: | 2023-05-05 | by ( Mike Stone | ) www.reuters.com time to read: +2 min

WASHINGTON, May 5 (Reuters) - U.S. President Joe Biden's administration plans to send $500 million worth of weapons aid to Taiwan using the same emergency authority that has been used more than 35 times for Ukraine, a source familiar with the plan said on Friday. As a part of the 2023 budget, Congress authorized up to $1 billion worth of weapons aid for Taiwan using Presidential Drawdown Authority (PDA), a type of authority that expedites security assistance and has helped to send arms to Ukraine. Last month, China staged war games around Taiwan after Taiwan President Tsai Ing-wen met U.S. House of Representatives Speaker Kevin McCarthy in Los Angeles. The spokesperson declined to comment on whether the U.S. was moving ahead with the $500 million aid package. It was unclear what would be included in the aid package for Taiwan, which was first reported by Bloomberg news.

☆ Taiwan says F-16 deliveries delayed, working to minimise damage
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +2 min

[1/3] 12 F-16V fighter jets perform an elephant walk during an annual New Year's drill in Chiayi, Taiwan, January 5, 2022. REUTERS/Ann WangTAIPEI, May 4 (Reuters) - Taiwan Defence Minister Chiu Kuo-cheng said on Thursday that the delivery of 66 advanced new F-16Vs from the United States has been delayed due to supply chain disruptions and the ministry was working to minimise the damage and "make up deficiencies". Speaking to reporters at parliament, Chiu said Taiwan had asked the United States to "make up the deficiency", including prioritising spare part deliveries for the existing fleet. The ministry is using diplomatic channels, such as via the de facto U.S. embassy in Taipei, to resolve the problem, Chiu said. Neither the de facto embassy, the American Institute in Taiwan, nor Lockheed Martin immediately responded to a request for comment.

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