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[1/2] Taiwan Semiconductor Manufacturing Company's (TSMC) logo is seen while people attend the opening of the TSMC global R&D center in Hsinchu, Taiwan July 28, 2023. The company said it would work with the government-run Science Park Administration "to evaluate land in Taiwan suitable for building semiconductor fabs". The world's largest contract chipmaker was intending to build a 1-nanometre chip factory in Longtan, according to a Central News Agency report in December that quoted a Science Park Administration official. Taiwan Economy Minister Wang Mei-hua said the government would help TSMC with its land, water and power needs given that semiconductors are one of island's most important industries. Chen Chi-mai, mayor of Kaohsiung in the south where TSMC is currently building a 2-nanometre chip factory, said his city has enough water, power, and land for more semiconductor factories.
Persons: Ann Wang, chipmaker, Wang Mei, Chen Chi, Sarah Wu, Ben Blanchard, Yimou Lee, Edwina Gibbs Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, Taiwan Semiconductor Manufacturing Co, Central News Agency, Administration, Taiwan, Thomson Locations: Hsinchu, Taiwan, Rights TAIPEI, Longtan, Kaohsiung, TSMC
SI Innotec, which was fined in August 2022, and Park, who received a suspended prison sentence, deny wrongdoing and have appealed. The equipment was not designed solely for military purposes and did not involve sensitive technology, SI Innotec told Reuters. SI Innotec said the contract, at CSBC's request, listed the equipment's primary use as for wind power generation. "The accused were fully aware that the subject equipment would be used to manufacture a military submarine", the court ruled. It was at this point that Seoul's foreign ministry told DAPA it disapproved of the deal, one of them said.
Persons: Tsai Ing, Narwhal, Carlos Garcia Rawlins, Park Mal, sik, China's, DAPA, Moon Jae, Taiwan's, Innotec, SI Innotec, Moo, sik —, , Yang Hyang, Yang, KHNT's, KHNT, Cho Hyeon Gyu, 1,343.1000, Ben Blanchard, Faith Hung, Tian, Katerina Ang, Josh Smith Organizations: REUTERS, Rights, Reuters, Administration, Keumha Naval Technology, South, Police, Foreign Ministry, Democratic Progressive Party, Indigenous Defense, South Korean, Foreign Trade, SI, Thomson Locations: Kaohsiung, Taiwan, Rights SEOUL, Beijing, Seoul, U.S, China, South Korea, Park, Taipei, Netherlands, Pacific, Beijing . U.S, Changwon, Korea
High funding needs and central banks removing support are increasing pricing uncertainty for investors, Sophia Drossos, hedge fund Point72 Asset Management's chief economist, said. Spending plans lacking credibility were seen as most likely to spark market turmoil. I suspect not by default, but when markets start reflecting their worries in Treasury prices, by a political crisis and a potentially ugly adjustment," the former IMF chief economist said. "We need more investment, not less," said King's College London professor Jonathan Portes, Britain's cabinet office chief economist during the financial crisis. Not enough reforms are being implemented, OECD chief economist Clare Lombardelli warned.
Persons: Andrew Kelly, Peter Praet, Praet, Sophia Drossos, Daniel Ivascyn, Claudio Borio, Olivier Blanchard, Ray Dalio, Janet Yellen's, Yellen, Jim Leaviss, Giancarlo Giorgetti, Daleep Singh, Joe Biden, Britain's, Yellen's, Jonathan Portes, Clare Lombardelli, Moritz Kraemer, Yoruk Bahceli, Maria Martinez, Leigh Thomas, Giuseppe Fonte, Nell Mackenzie, Naomi Rovnick, William Schomberg, Jan Strupczewski, Dan Burns, Elisa Martinuzzi, Riddhima Talwani, Jayaram, Emelia Sithole Organizations: Financial, of, REUTERS, Institute of International Finance, Reuters, European Central Bank, ECB, Bank for International, Peterson Institute for International Economics, Associates, U.S . Treasury, Wall, Economy, Britain's Treasury, Congressional, Britain's, Institution, Reuters Graphics ACT, King's College London, Labour Party, OECD, Graphics, Thomson Locations: of Manhattan , New York City, U.S, Italy, Britain, United States, Europe, Ukraine, Berlin, Paris, Rome, London, Brussels, Washington, Marrakech
High funding needs and central banks removing support are increasing pricing uncertainty for investors, Sophia Drossos, hedge fund Point72 Asset Management's chief economist, said. Spending plans lacking credibility were seen as most likely to spark market turmoil. I suspect not by default, but when markets start reflecting their worries in Treasury prices, by a political crisis and a potentially ugly adjustment," the former IMF chief economist said. Italy's 2.4 trillion-euro debt pile is the focus in Europe, where the IMF has said high debt leaves governments vulnerable to crisis. "We need more investment, not less," said King's College London professor Jonathan Portes, Britain's cabinet office chief economist during the financial crisis.
Persons: Andrew Kelly, Peter Praet, Praet, Sophia Drossos, Daniel Ivascyn, Claudio Borio, Olivier Blanchard, Ray Dalio, Janet Yellen's, Yellen, Jim Leaviss, Giancarlo Giorgetti, Daleep Singh, Joe Biden, Britain's, Yellen's, Jonathan Portes, Clare Lombardelli, Moritz Kraemer, Yoruk Bahceli, Maria Martinez, Leigh Thomas, Giuseppe Fonte, Nell Mackenzie, Naomi Rovnick, William Schomberg, Jan Strupczewski, Dan Burns, Elisa Martinuzzi, Riddhima Talwani, Jayaram, Emelia Sithole Organizations: Financial, of, REUTERS, Institute of International Finance, Reuters, European Central Bank, ECB, Bank for International, Peterson Institute for International Economics, Associates, U.S . Treasury, Wall, Economy, Britain's Treasury, Congressional, Britain's, Institution, Reuters Graphics ACT, King's College London, Labour Party, OECD, Graphics, Thomson Locations: of Manhattan , New York City, U.S, Italy, Britain, United States, Europe, Ukraine, Berlin, Paris, Rome, London, Brussels, Washington, Marrakech
Small Quake Rattles Taiwan, No Immediate Damage Reports
  + stars: | 2023-10-14 | by ( Oct. | At A.M. | ) www.usnews.com   time to read: 1 min
TAIPEI (Reuters) -A magnitude 5.3 earthquake struck off Taiwan's east coast on Saturday, the island's weather bureau said, briefly shaking buildings in the capital Taipei but with no immediate reports of damage. The epicentre of the earthquake was in the sea off Hualien county with a depth of 7.2 km (4.5 miles), the weather bureau said. Taiwan lies near the junction of two tectonic plates and is prone to earthquakes. More than 100 people were killed in a quake in southern Taiwan in 2016, while a 7.3 magnitude quake killed more than 2,000 people in 1999. (Reporting by Ben Blanchard and Faith Hung; Editing by William Mallard)
Persons: Ben Blanchard, Faith Hung, William Mallard Locations: TAIPEI, Taiwan's, Taipei, Hualien, Taiwan
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsTAIPEI, Oct 13 (Reuters) - Taiwan's TSMC (2330.TW) said on Friday it expects to receive permission from the United States to supply its China plant with U.S. chipmaking tools indefinitely, in an easing of Washington's restrictions on foreign chipmakers operating in China. "We expect to receive a permanent authorization through the VEU process," TSMC said, noting that it did not previously need to apply for VEU status. Taiwan Economy Minister Wang Mei-hua said earlier on Friday that TSMC has received the waiver from the United States to supply U.S. equipment to the company's factory in China. However, the United States is continuing efforts to cut China off from top AI technology and plug gaps in export controls. The United States last year shook relations with Beijing when it unveiled new restrictions on shipments of AI chips and chipmaking tools to China, seeking to thwart its military advances.
Persons: Dado Ruvic, TSMC, Wang Mei, Biden, chipmaker, Sarah Wu, Ben Blanchard, Sonali Paul, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, The U.S . Department of Commerce's, of Industry and Security, Reuters, Taiwan, Samsung Electronics, SK Hynix, Apple Inc, United, TSMC's, Thomson Locations: Rights TAIPEI, United States, China, The, KS, Nanjing, Beijing, TSMC's Taipei
Taiwan National Development Council Minister Kung Ming-hsin poses during an interview with Reuters in Taipei, Taiwan, April 23, 2021. Taiwan has repeatedly pushed for the conclusion of a Bilateral Investment Agreement (BIA) with the EU, saying it would help encourage more Taiwanese investment, especially from chip companies. The EU identified Taiwan as a candidate for a BIA in 2015, but no talks have taken place on the issue. "On the basis of this mutual trust... can you tell EU headquarters, on the BIA, can it start, effectively moving it forward?" A Taiwanese government official said last month that Taiwan is seeking other trade agreements with the EU given the BIA is a "long shot".
Persons: Taiwan National Development Council Minister Kung Ming, hsin, Ben Blanchard, Development Council Minister Kung Ming, Tsai Ing, Tsai, John Stonestreet Organizations: Taiwan National Development Council Minister, Reuters, REUTERS, Rights, European Union, BIA, European, EU, Development Council Minister, Trade Organisation, Taiwan Semiconductor Manufacturing Corp, chipmaker, Thomson Locations: Taiwan, Taipei, Rights TAIPEI, EU, Europe, Asia, China, Beijing, Germany
REUTERS/Thomas Peter/File Photo Acquire Licensing RightsBEIJING, Oct 12 (Reuters) - China said on Thursday it had sent fighter jets to monitor and warn a U.S. Navy patrol aircraft that flew through the Taiwan Strait. Taiwan and the United States dispute that, saying the Taiwan Strait is an international waterway. China's military described the flight as "public hype", adding it had sent fighters to monitor and warn the U.S. plane. China stages almost daily military activities of its own in the Taiwan Strait and seas and skies around Taiwan. The United States last announced a Poseidon mission through the strait in July.
Persons: Thomas Peter, Ben Blanchard, Kim Coghill, Miral Organizations: REUTERS, Rights, U.S . Navy, Navy, Troops, Eastern Theatre Command, People's Liberation Army, U.S, United States, Beijing, Thomson Locations: China's, Taiwan, Fujian province, China, Rights BEIJING, Taiwan Strait, United States, U.S, Navy's, Taipei
South Korea's government said this week that Samsung Electronics (005930.KS) and SK Hynix (000660.KS) will be allowed to supply U.S. chip equipment to their China factories indefinitely without separate U.S. approvals. "Whether it will be the same treatment as Samsung and SK Hynix, it's up to the announcement from the U.S. government," Wang told reporters in Taipei. Samsung and SK Hynix, the world's largest and second-largest memory chipmakers, had invested billions of dollars in their chip production facilities in China and welcomed the move. Samsung Electronics makes about 40% of its NAND flash chips at its plant in Xian, China, while SK Hynix makes about 40% of its DRAM chips in Wuxi and 20% of its NAND flash chips in Dalian. The companies together controlled nearly 70% of the global DRAM market and 50% of the NAND flash market as of end-June, data from TrendForce showed.
Persons: Florence Lo, Wang Mei, Biden, Wang, chipmaker, TSMC, Ben Blanchard, Gerry Doyle Organizations: REUTERS, Rights, U.S, Samsung Electronics, SK Hynix, Samsung, U.S ., United, Korean, Thomson Locations: Rights TAIPEI, Taiwan, China, KS, Taipei, TSMC, United States, Nanjing, Xian, Wuxi, Dalian, TrendForce
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
TAIPEI (Reuters) - Former Australian Prime Minister Scott Morrison said on Wednesday that he also had Beijing on his mind when he decided to help arm Ukraine given Western concern about the global expansion of authoritarianism. Speaking at a forum in Taipei, Morrison said his decision to fund lethal defensive weapons for Ukraine after Russia's invasion had a broader message. "When my government took the decision for Australia to swiftly provide lethal aid to support and assist Ukraine following the illegal invasion by Russia, that decision was taken with as much of having Beijing in mind as Moscow," Morrison said. China has refused to condemn Moscow for the invasion of Ukraine it launched in February 2022. It has offered its own peace plan, which received a lukewarm response in both Russia and Ukraine.
Persons: Scott Morrison, Morrison, China's, Ben Blanchard, Nick Macfie Organizations: Australian Locations: TAIPEI, Beijing, Ukraine, China, Canberra, Australian, United States, Taipei, Australia, Russia, Moscow, Taiwan, South China
TAIPEI, Oct 10 (Reuters) - Taiwan seeks "peaceful coexistence" with China with free and unrestricted interaction but the island will be democratic for generations to come, President Tsai Ing-wen said in her last national day speech on Tuesday. Speaking in front of the presidential office, Tsai said the strength of international support for Taiwan had reached an "unprecedented height". There was no immediate response from China's Taiwan Affairs Office. Beijing says Taiwan's government must accept that both China and Taiwan belong to "one China", which Tsai has refused to do. The Republic of China remains Taiwan's formal name, though the government tends to stylise it as the Republic of China, Taiwan, to distinguish it from the government in Beijing.
Persons: Tsai Ing, heightening, Tsai, Scott Morrison, China's, Mao Zedong's, Yimou Lee, Ben Blanchard, Shri Navaratnam Organizations: Taiwan, China's Taiwan Affairs Office Locations: TAIPEI, Taiwan, China, Beijing, Taiwan Strait, United States, Taipei, Asia, Republic of China, People's Republic of China, The Republic of China, Lincoln
Taiwan probes four firms accused of helping China's Huawei
  + stars: | 2023-10-06 | by ( ) www.reuters.com   time to read: +2 min
Taiwan Economy Minister Wang Mei-hua said the ministry would be looking into whether the firms' activities in China "matched up" with their initial investment approval from the island's government. A Bloomberg news report this week said the firms had been working with Huawei-connected firms to build infrastructure for chip plants. The companies - Topco Scientific (5434.TW), L&K Engineering (6139.TW), United Integrated Services (2404.TW) and Cica-Huntek Chemical Technology Taiwan (6725.TWO) - have all denied any wrongdoing. Wang also said Taiwan's government will soon unveil tighter rules on "key technologies", taking into account international practice, she added, without giving details. China claims Taiwan as its own territory and has in recent years increased its military activities around the island.
Persons: Peter Nicholls, Wang Mei, Wang, chipmaker TSMC, Ben Blanchard, Edwina Gibbs Organizations: Huawei, REUTERS, Rights, Bloomberg, K Engineering, United Integrated Services, Chemical Technology, Thomson Locations: London, Britain, Rights TAIPEI, China, Taiwan, Chemical Technology Taiwan, U.S
[1/2] Workers lift up a turned-over food cart after Typhoon Koinu passed the southern tip of Taiwan, in Kenting, Taiwan October 5, 2023. REUTERS/Carlos Garcia Rawlins/File Photo Acquire Licensing RightsBEIJING, Oct 6 (Reuters) - Heavy rainstorms and strong winds will hit southern China in the next three days as Typhoon Koinu approaches the coast of Guangdong province after killing one and injuring hundreds in Taiwan. Typhoon Koinu, which means "puppy" in Japanese, will bring heavy rain along the coasts of Guangdong and neighbouring Fujian province in the next three days, China's National Meteorological Centre (NMC) said. It also issued a yellow alert for strong winds, the third highest in a four-coloured warning system. The typhoon is expected to weaken into a strong tropical storm from late Friday and grow weaker as it heads west along China's southern coast, it said.
Persons: Koinu, Carlos Garcia Rawlins, Typhoon Koinu, Albee Zhang, Ben Blanchard, Michael Perry 私 Organizations: Workers, REUTERS, Rights, National Meteorological Centre, NMC Locations: Taiwan, Kenting, Rights BEIJING, China, Guangdong, Fujian, Shanwei, Beijing, Taipei
Taiwan's Vice President William Lai announces his "National Project of Hope" ahead of the upcoming presidential election in Taipei, Taiwan September 6, 2023. In an interview with Japanese media, a transcript of which his campaign team released on Friday, Lai was asked on his position on Taiwan independence. Taiwan regularly elects leaders at all levels of government, right from the grassroots up to the president, Lai said. Therefore, there is no need to declare Taiwan's independence again," he added. Taiwan President Tsai Ing-wen cannot stand again after two terms in office.
Persons: William Lai, Ann Wang, Lai, Tsai Ing, Mao Zedong's, Ben Blanchard, Lincoln Organizations: of, REUTERS, Rights, Taiwan Affairs Office, Kuomintang, Thomson Locations: Taipei, Taiwan, Rights TAIPEI, China, Beijing, Republic of China, People's Republic of China
[1/4] Foxconn founder Terry Gou shakes hands with his supporters at one of his signature campaign offices in New Taipei City, Taiwan September 20, 2023. REUTERS/Ann Wang/ File Photo Acquire Licensing RightsTAIPEI, Oct 6 (Reuters) - Terry Gou, the billionaire founder of major Apple supplier Foxconn (2317.TW), said on Friday he had already collected enough electorate signatures to qualify to stand as an independent in January's presidential election. "Your signatures are a responsibility for me, and your signatures are a spur and encouragement to me. Gou, who stepped down as Foxconn chief in 2019, must gather close to 300,000 voter signatures by Nov. 2 to qualify as an independent candidate, according election regulations. The Central Election Commission will review the signatures and announce the results by Nov. 14.
Persons: Terry Gou, Ann Wang, Gou, Democratic Progressive Party's, William Lai, Lai, Ben Blanchard, Toby Chopra Organizations: REUTERS, Rights, Apple, Democratic Progressive Party, Democratic Progressive, Kuomintang, Taiwan People's Party, Thomson Locations: New Taipei City, Taiwan, Rights TAIPEI, Ukraine, China, Banqiao, Taipei, Beijing
In an interview with Japanese media, a transcript of which his campaign team released on Friday, Lai was asked on his position on Taiwan independence. Taiwan regularly elects leaders at all levels of government, right from the grassroots up to the president, Lai said. If it is not sovereign and independent, how can there be a presidential election? Therefore, there is no need to declare Taiwan's independence again," he added. Taiwan President Tsai Ing-wen cannot stand again after two terms in office.
Persons: William Lai, Lai, Tsai Ing, Mao Zedong's, Ben Blanchard, Lincoln Organizations: Taiwan Affairs Office, Kuomintang Locations: TAIPEI, Taiwan, China, Beijing, Republic of China, People's Republic of China
A woman sits by the shore while looking at waves breaking as Typhoon Koinu approaches, in Taitung, Taiwan October 4, 2023. REUTERS/Carlos Garcia Rawlins TPX IMAGES OF THE DAY Acquire Licensing RightsTAITUNG, Taiwan, Oct 5 (Reuters) - Typhoon Koinu began brushing past the rural far southern tip of Taiwan on Thursday, injuring 190 but causing no deaths, as lashing rains and strong winds cancelled work and classes for millions in a swathe of cities across the island. Taiwan's fire department reported 190 injuries but no deaths, as well as some minor damage to buildings. Taiwan's two main domestic airlines, UNI Air and Mandarin Airlines, cancelled most of their flights for Thursday, while ferries to outlying islands were also stopped. A total of 42 international flights were also cancelled, the transport ministry, said, but the high speed rail connecting northern and southern Taiwan was unaffected.
Persons: Koinu, Carlos Garcia Rawlins, Fabian Hamacher, Carlos Garcia, Ben Blanchard, Gerry Doyle Organizations: REUTERS, UNI Air, Mandarin Airlines, Thomson Locations: Taitung, Taiwan, Koinu, Guangdong, Pingtung, Hualien, Kaohsiung, Taipei
"The fourth quarter should see significant growth compared to the third quarter," it added, without elaborating. Foxconn, formally called Hon Hai Precision Industry Co Ltd, said revenue last month reached T$660.7 billion ($20.46 billion), down 19.7% year-on-year but soaring 60.1% from August. Revenue in its smart consumer electronics products, including smartphones, saw strong growth month-on-month "due to new product launches in September", Foxconn said. Foxconn is the world's biggest iPhone assembler, but has been trying to diversify into electric vehicles. It added that September year-on-year revenue for cloud and networking products, which includes servers, declined due to "conservative customer pull-in".
Persons: Dado Ruvic, Foxconn, Ben Blanchard, Sarah Wu, Kim Coghill Organizations: REUTERS, Apple, Hai Precision Industry Co, Revenue, Thomson Locations: TAIPEI, Taipei, Taiwan
REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsTAIPEI, Oct 4 (Reuters) - Taiwan's central bank will intervene in the foreign exchange market if there are "extreme" fluctuations to maintain financial stability, its governor Yang Chin-long said on Wednesday. Taking lawmakers' questions in parliament, Yang said the central bank will intervene in the forex market as needed if there are "extreme" fluctuations, as they seek to slow the Taiwan dollar's depreciation. Yang said Treasury "didn't really mind" about Taiwan intervening to arrest the Taiwan dollar's depreciation. The central bank last month flagged continued tight monetary policy as it keeps a close eye on inflation, and trimmed its 2023 growth forecast for the export-reliant economy. Yang said the current global interest rate cycle was nearing an end, and that Taiwan would be "no exception".
Persons: Thomas White, Yang Chin, Yang, Faith Hung, Ben Blanchard, Tom Hogue, Kim Coghill Organizations: REUTERS, Rights, Taiwan, U.S . Treasury Department, Thomson Locations: Taiwan, Rights TAIPEI, U.S
REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsTAIPEI, Oct 4 (Reuters) - China has "very diverse" ways of interfering in Taiwan's elections in January, from military pressure to spreading fake news, including manipulating opinion polls, a senior Taiwanese security official said on Wednesday. Ahead of elections, Taiwan routinely flags the risk of interference from Beijing, which claims the democratically governed island as its own, saying China seeks to sway the outcome to candidates who may be more favourable toward the country. "The way the Chinese Communists interfere in elections is very diversified," Taiwan National Security Bureau Director-General Tsai Ming-yen told lawmakers during a parliamentary committee session. China can use military pressure, economic coercion or fake news to create a false choice between "war or peace" in the election, seeking to frighten voters, Tsai said. China has increased military activities around Taiwan since the last election in 2020, and regularly sends warships and fighters into the seas and skies near the island.
Persons: Dado Ruvic, Tsai Ming, Tsai, William Lai, Lai, Xi Jinping, Ben Blanchard, Gerry Doyle Organizations: REUTERS, Rights, Taiwan National Security, Taiwan Affairs Office, Taiwan, Democratic Progressive Party, People's Liberation Army Rocket Force, Thomson Locations: Rights TAIPEI, China, Taiwan, Beijing
TAIPEI, Oct 4 (Reuters) - Typhoon Koinu grinded towards southern Taiwan on Wednesday bringing heavy rain and winds and causing the cancellation of 70 domestic flights and suspension of work and schools in urban areas in southern parts of the island from the evening. Kaohsiung and its neighbouring city of Tainan said they would suspend work and classes from 6 pm (1000GMT) on Wednesday as the weather worsens. After passing through Taiwan, the typhoon will head towards southern China's Guangdong and Fujian provinces and then Hong Kong, where it is likely to weaken further to become a tropical storm. Hong Kong's Weather Observatory said Koinu will enter within 800 km (500 miles) of the financial hub on Wednesday afternoon. Reporting by Ben Blanchard; Additional reporting by Farah Master in Hong Kong; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
Persons: Koinu, Ben Blanchard, Farah Master, Simon Cameron, Moore Organizations: Wednesday, Thomson Locations: TAIPEI, Taiwan, Taitung, Taiwan Strait, Pingtung, Hualien, Kaohsiung, Tainan, Guangdong, Fujian, Hong Kong
Former Taiwan President Ma Ying-jeou speaks to guests as he attends an event at Asia Society in New York, U.S. March 1, 2017. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsTAIPEI, Oct 2 (Reuters) - Former Taiwan President Ma Ying-jeou said on Monday he would boycott official celebrations for the island's national day this year after accusing the government of turning it into an overt attempt at pushing independence ahead of an election. Taiwan celebrates Oct. 10 as its national day, marking an uprising in 1911 that ended China's last imperial dynasty and ushered in the Republic of China. Taiwan Premier Chen Chien-jen, a DPP member himself, dismissed Ma's criticism, saying Ma had attended festivities previously when the English translation was Taiwan National Day. Taiwan's president, Tsai Ing-wen, will give a major speech on national day, and there will also be a military parade in front of the presidential office.
Persons: Ma Ying, Eduardo Munoz, jeou, China's, Mao Zedong's, Hou Yu, Ma, William Lai, Taiwan Premier Chen Chien, Chen, Tsai Ing, Tsai, Lai, Ben Blanchard, Gerry Doyle Organizations: Taiwan, Asia Society, REUTERS, Rights, Facebook, Kuomintang, KMT, Democratic Progressive Party, ih, Thomson Locations: New York, U.S, Rights TAIPEI, Taiwan, China, Republic of China, People's Republic of China, The Republic of China, Taiwan Premier, Beijing
FILE PHOTO-Taiwan's President Tsai Ing-wen attends the launching ceremony of Narwhal, its first domestically built submarine, in Kaohsiung, Taiwan September 28, 2023. REUTERS/Carlos Garcia Rawlins/File Photo Acquire Licensing RightsTAIPEI, Oct 2 (Reuters) - Taiwan prosecutors said on Monday they are investigating accusations that people tried to interfere in the island's submarine program and that details about it were leaked, in what would be a serious breach of security. Taiwan unveiled its first domestically developed submarine on Thursday, a major step in a project aimed at strengthening the island's defence and deterrence against the Chinese navy, though it won't enter service for two years. Taiwan, which China views as its own territory, has made the indigenous submarine program a key part of an ambitious project to modernise its armed forces as Beijing stages almost daily military exercises to assert its sovereignty claims. The submarine program has drawn on expertise and technology from several countries - a breakthrough for diplomatically isolated Taiwan.
Persons: Tsai Ing, Narwhal, Carlos Garcia Rawlins, Huang Shu, kuang, Ben Blanchard, Gerry Doyle Organizations: REUTERS, Rights, Taiwan's, Prosecutors Office, Thomson Locations: Kaohsiung, Taiwan, Rights TAIPEI, China, Beijing
TAIPEI (Reuters) - Taiwan prosecutors said on Monday they are investigating accusations that people tried to interfere in the island's submarine program and that details about it were leaked, in what would be a serious breach of security. Taiwan unveiled its first domestically developed submarine on Thursday, a major step in a project aimed at strengthening the island's defence and deterrence against the Chinese navy, though it won't enter service for two years. Taiwan's Supreme Prosecutors Office, in a short statement, said Huang's accusations had attracted "great attention" given the national security and defence implications. Taiwan, which China views as its own territory, has made the indigenous submarine program a key part of an ambitious project to modernise its armed forces as Beijing stages almost daily military exercises to assert its sovereignty claims. The submarine program has drawn on expertise and technology from several countries - a breakthrough for diplomatically isolated Taiwan.
Persons: Huang Shu, kuang, Ben Blanchard, Gerry Doyle Organizations: Taiwan's, Prosecutors Office Locations: TAIPEI, Taiwan, China, Beijing
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