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☆ Taiwan's political disrupter could be kingmaker in a split parliament. Here's why it matters
▼ + stars: | 2024-01-26 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

Taiwan People's Party (TPP) presidential candidate Ko Wen-je speaks during an interview in New Taipei City on December 12, 2023. He urged his disappointed young supporters, some of them crying, not to give up, and framed himself as a one-man social movement crusading for political change. Since this social movement has not fully materialized, let's keep working hard," the former Taipei City Mayor told supporters in Mandarin. That kind of populist messaging appeals to people who feel like Taiwan's current economic and political system is not benefiting them. Taiwan's young and restlessIn any case, Taiwan's two major parties now face a battle to cater to younger voters that could come at the expense of older votes or a focus on broader strategic interests.

Persons: Ko Wen, Cheng, we'll, Ko, let's, Wei, Ting Yen, Sara Newland, Taiwan's, Newland, Lai Ching, Taiwan People's Party —, —, Yuan, Beijing's, Tsai Ing, Annice Lyn, Xi Jinping, Lily, Hwa CHENG, HWA CHENG, Ho Organizations: Taiwan People's Party, AFP, Getty, TAIPEI, Taipei City Mayor, Democratic Progressive Party, Kuomintang, Franklin, Marshall College, CNBC, Sara Newland Smith, Ko's, Taipei, KMT, Smith College, National Taiwan University, Democratic, Chinese Communist Party, HWA, Afp, Sunflower Movement Locations: Taiwan, New Taipei City, China, Taipei, Xinzhuang, AFP

☆ Sharon Stone wants 2024 to be her year of love
▼ + stars: | 2024-01-26 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +2 min

CNN —Sharon Stone is opening up about her dating life – and 2024 could be a good year for it. But that may very well happen,” the Golden Globe-winning actress told The Times of London in an interview published Friday. “I went on the @bumble dating sight (sic) and they closed my account,” she wrote in a Twitter post. Don’t shut me out of the hive.”In 1984, Stone married producer Michael Greenburg, but the pair split three years later. In a 2018 interview with Grazia magazine, Stone said she has high expectations of the men in her life.

Persons: Sharon Stone, –, I’d, It’s, Stone, Danny Moloshok, Reuters Stone, ”, who’s, “, Michael Greenburg, Phil Bronstein, Grazia Organizations: CNN, Globe, Times, Reuters Locations: London

Thursday on Wall Street, the S&P 500 added 0.4% to 4,894.16 and set a record for a fifth straight day. IBM helped lead the market with a gain of 9.5% after it reported a better profit for the latest quarter than analysts expected. The electric-vehicle maker reported earnings and revenue that fell short of forecasts and warned of lower sales growth this year. Such a resilient economy should drive profits for companies, which are one of the main inputs that set stock prices. On the losing end of Wall Street, Humana tumbled 11.7% after the insurer reported worse results for the end of 2023 than expected.

Persons: ” Robert Carnell, Seng, Tesla, ”, Jamie Cox Organizations: TOKYO, Nikkei, Bank of Japan, ING, Dow Jones, Nasdaq, IBM, U.S ., Federal Reserve, Harris Financial, Treasury, . American Airlines, Humana, New York Mercantile Exchange, Brent Locations: U.S, Asia, Pacific, Shanghai, Australia, Wall

The 11th Circuit U.S. Court of Appeals has scheduled oral arguments in the case for March 27 in Atlanta. Attorneys for father and son Greg and Travis McMichael and their neighbor, William “Roddie” Bryan, are asking the court to throw out hate crime convictions returned by a jury in coastal Brunswick in 2022. Bryan joined the chase in his own truck and recorded Travis McMichael shooting Arbery at close range with a shotgun. The McMichaels and Bryan stood trial on hate crime charges in U.S. District Court less than three months after all three were convicted of murder in a Georgia state court. Also pending are appeals by all three men of their murder convictions in Glynn County Superior Court.

Persons: Ahmaud Arbery, Greg, Travis McMichael, William “ Roddie ” Bryan, Bryan, Arbery, Greg McMichael, Travis McMichael's, Julian Bond, ”, McMichaels Organizations: 11th Circuit U.S, Appeals, Prosecutors, Blacks, Court Locations: SAVANNAH, Ga, Georgia, Atlanta, Brunswick, Arbery, U.S, Glynn County

TAIPEI, Taiwan (AP) — A bipartisan delegation from the United States Congress reaffirmed support for Taiwan during a visit Thursday, following the election of its new president. The delegation’s visit is the first from U.S. lawmakers to the island since the independence-leaning Democratic Progressive Party won a third-straight term in the Jan. 13 presidential election. Beijing strongly condemned Lai Ching-te's election and appears set to continue its policy of refusing to engage with the island’s government — a practice that's been in place since Tsai Ing-wen’s election in 2016. “The support of the United States for Taiwan is firm. President-elect Lai thanked the visiting co-chairs of the U.S. Congressional Taiwan Caucus for their visit, saying that “today’s Taiwan is a Taiwan of the world."

Persons: Lai Ching, that's, Tsai Ing, Mario Díaz Balart, Ami Bera, " Bera, “, Balart, ”, Bera, Lai, Hsiao Bi, President Tsai, Nancy Pelosi Organizations: United, Congress, Taiwan, Democratic Progressive Party, U.S, Florida Republican, California, U.S . Congressional Taiwan Caucus Locations: TAIPEI, Taiwan, U.S, China, Beijing, United States, Florida, “, Washington

☆ China doesn't have the military power to successfully invade Taiwan, the majority of 52 US experts said in a survey
▼ + stars: | 2024-01-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The CSIS surveyed 52 US experts on whether they think China can successfully invade Taiwan. AdvertisementA new survey of leading experts from the US and Taiwan casts doubt on China's ability to invade Taiwan with its current military strength. CSIS also surveyed 35 experts from Taiwan, of whom only 17% said they felt China had the power to successfully execute an invasion. China could also impose a military blockade on Taiwan, which 81% of US experts believe Beijing could do, while 60% of the experts from Taiwan concurred. Around 68% of American experts think such a crisis is likely to occur.

Persons: —, China —, William Lai Ching, Tsai Ing, Xi Jinping, Ma Ying, ROSLAN RAHMAN, Lai Organizations: CSIS, Service, Center for Strategic, International Studies, Liberation Army, Democratic Progressive Party, Kuomintang, Getty Locations: China, Taiwan, Beijing, Congress, Washington, Taipei . Lai

Stella is reintroducing herself in her first film role after taking a few years off to just be a normal teen. Maisy has that perfect mix … she is one in a million.”Park met Stella through their mutual friend Maddie Ziegler, who plays one of Elliott’s friends in “My Old Ass.” Ziegler and Stella have been close since they were children. “It literally made the biggest difference.”Both Park and Stella have been overwhelmed by the response to the film at Sundance. As of the writing of this article, “My Old Ass,” produced by Margot Robbie's Lucky Chap Entertainment, has not yet been acquired for distribution. Park: I’m your hype woman.

Persons: ”, Maisy Stella, Daphne Conrad, Robyn’s, Lennon Stella, Billie Eilish, Stella, “, ” Stella, Megan Park, Aubrey Plaza, Elliott, Elliot, Maisy, Maddie Ziegler, ” Ziegler, Maddie, I’m, ” Stella downplays, Eilish, Ziegler, Sia, don’t, Kerrice Brooks, Justin Bieber’s, Bieber, Percy Hynes White, I’ve, Margot Robbie's Lucky, wouldn’t, she’s, “ She’s, you’ve, Finneas Organizations: Sundance Film, Nashville, Sundance Locations: CITY , Utah, Park City , Utah, “

☆ Taiwan President-Elect Says He Hopes for Continued Firm US Support
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

TAIPEI (Reuters) -Taiwan president-elect Lai Ching-te said on Thursday he hopes that the United States can continue to firmly support Taiwan, as he met the first group of U.S. lawmakers to visit Taipei since he won an election earlier this month. "I also hope that the two co-chairs and our friends in the U.S. Congress can continue to support Taiwan in bolstering its self-defence capabilities." Diaz-Balart told Lai his main message was that U.S. support for Taiwan was firm, real and "100% bipartisan". "Rest assured that you have the support of the United States Congress," he said. China has repeatedly warned the United States to stop its support for Taiwan and the issue is a constant irritant in Sino-U.S. relations.

Persons: Lai Ching, Lai, Mario Diaz, Ami Bera, Diaz, Balart, Tsai Ing, Joe Biden, Ben Blanchard, Kim Coghill, Michael Perry, Raju Gopalakrishnan Organizations: Democratic Progressive Party, U.S . House, Representatives Taiwan Caucus, Republican, Balart, Democratic, ., U.S, Congress, United States Congress Locations: TAIPEI, Taiwan, United States, U.S, Taipei, China

☆ Tech execs say a type of AI that can outdo humans is coming, but have no idea what it looks like
▼ + stars: | 2024-01-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +8 min

Sam Altman, CEO of OpenAI, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Altman was temporarily booted from OpenAI in November in a shock move that laid bare concerns around the governance of the companies behind the most powerful AI systems. In a discussion at the World Economic Forum in Davos, Altman said his ouster was a "microcosm" of the stresses faced by OpenAI and other AI labs internally. "We're already seeing areas where AI has the ability to unlock our understanding ... where humans haven't been able to make that type of progress. Avoiding a 's--- show'Altman wasn't the only top tech executive asked about AI risks at Davos.

Persons: Sam Altman, Google's DeepMind, Salesforce, Altman, chatbot, We've, it's, Aidan Gomez, OpenAI, Gomez, CNBC's Arjun Kharpal, AGI, it'll, Lila Ibrahim, Ibrahim, CNBC's Kharpal, who've, haven't, Marc Benioff, Elon Musk, Steve Wozniak, Andrew Yang, Geoffrey Hinton, Hinton, Benioff Organizations: Economic, Bloomberg, Getty, Microsoft, Union, ABC News, ABC, OpenAI, CBS Locations: Davos, Switzerland, United States, Cohere, Hiroshima

TAIPEI, Taiwan (AP) — The co-chairs of the U.S. Congressional Taiwan Caucus on Wednesday opened the first trip by U.S. lawmakers to the island where the independence-leaning Democratic Progressive Party won a third straight term in presidential elections this month. China, America's chief competitor for global influence, claims Taiwan as its own territory and threatens to use force to bring it under its control. While China regularly sends warplanes and navy ships to intimidate and harass Taiwan, there was no discernible spike in activity on Tuesday and Wednesday. The Defense Ministry reported seven Chinese warplanes and five naval vessels had been detected near the island over the previous 24 hours. It also said two Chinese balloons flew over the island's northern and southern regions.

Persons: Ami Bera, Florida Republican Mario Díaz, ”, Lai Ching, Tsai Ing, Nancy Pelosi, Joe Biden Organizations: U.S . Congressional Taiwan Caucus, Wednesday, U.S, Democratic Progressive Party, Reps, Florida Republican, The Defense Ministry Locations: TAIPEI, Taiwan, California, United States, China, Beijing, Taipei . Washington

☆ Aleksander Aamodt Kilde recalls horror crash that resulted in emergency surgery
▼ + stars: | 2024-01-18 | by ( Matias Grez | Coy Wire | ) edition.cnn.com time to read: +5 min

CNN —Aleksander Aamodt Kilde remembers seeing the net along the edge of the ski slope rushing towards him at 120 km/h (74.6 mph). Mikaela Shiffrin was waiting at the hospital when Kilde came out of surgery. The American, widely considered one of the greatest skiers of all time, then traveled to Austria where she earned an emotional victory – her 94th overall World Cup win, the most in men’s or women’s skiing history – in the FIS World Cup women’s slalom. “Really, really proud of this evening,” she said, per the Olympic channel. “She just shows up, the star she is, and for me how much love she brings and how much care she brings into something that’s really, really difficult,” he said.

Persons: CNN — Aleksander Aamodt Kilde, ” Kilde, CNN Sport’s Coy Wire, Mikaela Shiffrin, Kilde, Harald Steiner, ”, “, Petra Vlhova, they’ve, Shiffrin, Aleks, …, ’, ” Shiffrin, Giovanni Auletta, that’s, he’s Organizations: CNN, CNN Sport’s, FIS Locations: Norwegian, Wengen, Switzerland, Bern, Kilde, Austria, Innsbruck, men’s

WASHINGTON (AP) — 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. 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. Shortly after Taiwan's election, Biden told reporters that his administration does not support Taiwan’s independence. Yui said it is incumbent upon both Beijing and Taipei to keep the Taiwan Strait peaceful. Before he came to Washington, Yui briefly served as Taiwan's representative to the European Union and Belgium.

Persons: — Taiwan’s, Lai Ching, Alexander Tah, Ray Yui, Lai, Yui, ”, Taiwan's, Tsai Ing, Tsai, he’s, Xi Jinping, Joe Biden, Biden, Scott Kennedy, “, Kennedy, we're, We're, Mike Johnson, Sen, Ben Cardin, ” Yui, Hsiao Bi, Hsiao Organizations: WASHINGTON, Associated Press, AP, Democratic Progressive Party, ”, Washington, Center for Strategic, International Studies, Republican, Republicans, Democrats, U.S . Congress, Democratic, Senate Foreign Relations, M University, European Union, Cultural Locations: Washington, Beijing, Taiwan Strait, U.S, Taiwan, United States, China, Nauru, “ Beijing, Taipei, Panama, Texas, Paraguay, Belgium

☆ China hates the new president of Taiwan — but its 'real nightmare scenario' is a Trump-Taiwan combo: analyst
▼ + stars: | 2024-01-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewFormer President Donald Trump winning the White House in 2024 would create a "nightmare" for China, especially with president-elect William Lai Ching-te at Taiwan's helm, an analyst on China said. Advertisement"Beijing's real nightmare scenario is not necessarily watching Lai Ching-te winning the presidency of Taiwan, but it's the combination of Lai Ching-te and perhaps Donald Trump coming back into the White House," Daniels said. "He was a transactional president," Rosen said. Trump followed up by suggesting that the US may one day abandon its agreement to the "one China policy," Beijing's red-line stance that Taiwan is part of China. Cross-strait tensions soared, but just two months later, Trump called Xi and agreed that the US would uphold the "one China policy."

Persons: —, Donald Trump, William Lai Ching, Lai, it's Trump, Rorry Daniels, Lai Ching, Daniels, Trump, Mike Pompeo, Pompeo, Xi Jinping's, Stanley Rosen, It's, Rosen, Tsai Ing, Wen, Ron DeSantis, Nikki Haley Organizations: Service, White House, Business, Democratic Progressive Party, Foreign Affairs Ministry, Lai's, Asia Society, Center for, Nikkei, Taiwan, University of Southern, China Institute, Xi, GOP, Iowa Republican Locations: China, Taiwan's, Beijing, Taiwan, Center for China, Nikkei Asia, University of Southern California's US, Hong Kong, Taipei, Iowa

Two accused Moreno and Bernie Moreno Cos. of gender and age discrimination, respectively. The third, in which Moreno was not named, alleged race discrimination against a dealership run by a BMC subsidiary. A campaign spokesman said that the two employees who sued Moreno directly now support his Republican U.S. Senate campaign and that Moreno, who was born in Bogotá, Colombia, prided himself on giving equal opportunities to all his workers. Female former dealership supervisor Cara Wilson, then of Streetsboro, in Portage County, alleged Moreno repeatedly belittled her about being a mother, sometimes in front of her peers. In response to the AP's reporting, the Moreno campaign produced an open letter signed by 23 former female employees vouching that he treated them fairly and respectfully.

Persons: — Bernie Moreno, Moreno, Bernie Moreno Cos, Donald Trump, Frank LaRose, Sen, Matt Dolan, “ Bernie Moreno, MAGA, ” Trump, Jim Jordan, Ohio, Ken Blackwell, Democratic U.S . Sen, Sherrod Brown, Brown, Cara Wilson, Streetsboro, belittled, ”, Wilson, Moreno “, Ronell Thompson, Peter Mabley, Thompson, Dolores Wolfe, Wolfe, Conor McGuinness, “, Bernie, Robert Foehl, Foehl, it's, “ It’s, Andres Gomez Organizations: Trump, Senate, Cleveland, Associated, BMC, Republican U.S, Ohio, GREAT, United States Senate, U.S . Rep, GOP, Democratic U.S ., AP, Akron Infiniti, M9 Motors, Ohio University, M10 Motors, Gables Infiniti Locations: COLUMBUS , Ohio, Cuyahoga County, Bogotá, Colombia, Ohio, Portage County, Akron, Cleveland, Rocky, New York, U.S, Florida

FRANKFURT, Germany (AP) — Cutting interest rates too soon could threaten Europe’s progress in battling the inflation that has ravaged the economy, the head of the European Central Bank said Wednesday amid widespread speculation that the bank soon will lower rates from record highs. But higher prices have spread through the economy in the form of high prices for services and higher wages. Meanwhile, sluggish economic growth and the impact of higher interest rates on economic activity have sparked bets on rate cuts. Higher rates are the typical antidote to high inflation because they make it more expensive to borrow and buy things, reducing demand for goods. “The first question for next week's European Central Bank meeting is how the bank will react to current market pricing,” Brzeski wrote in a preview of the meeting.

Persons: Christine Lagarde, Lagarde, Carsten Brzeski, ” Brzeski, “ Organizations: European Central Bank, Bloomberg, ECB, U.S . Federal, Wall Street, Union, ING, Central Bank Locations: FRANKFURT, Germany, Davos, Switzerland, Israel, Europe, Ukraine

☆ Taiwan Cabinet Submits Customary Post-Election Resignation
▼ + stars: | 2024-01-17 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

TAIPEI (Reuters) - Taiwan's ministerial Cabinet submitted its customary post-election joint resignation on Thursday, but is widely expected to be asked by President Tsai Ing-wen to stay on in a caretaker role until May when the new president takes power. The ruling Democratic Progressive Party (DPP) won Saturday's presidential election, but lost its majority in parliament. Taiwan Premier Chen Chien-jen had said on Tuesday that the Cabinet would resign in accordance with past constitutional practice before the new parliament meets next month after the DPP lost it legislative majority. Taiwan media has reported Tsai will ask the Cabinet to stay on in a caretaker role until Vice President Lai Ching-te, who won the presidency, assumes his new role on May 20 and appoints his own Cabinet. Tsai was not able to run again for the presidency in accordance with Taiwan's constitution after two terms in office.

Persons: Tsai Ing, Taiwan Premier Chen Chien, jen, Tsai, Lai Ching, Ben Blanchard, Muralikumar Anantharaman Organizations: Democratic Progressive Party, Taiwan Locations: TAIPEI, Taiwan Premier, Taiwan

☆ U.K. Inflation Edges Higher, Halting 10-Month Decline
▼ + stars: | 2024-01-17 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

Why It Matters: Rishi Sunak met his inflation pledge. About a year ago, with inflation above 10 percent, Prime Minister Rishi Sunak made several pledges to the British public on the economy, migration and the health service. Wednesday’s data confirms that he met one of those — to cut Britain’s inflation rate in half. But even as households may be relieved that prices aren’t rising as quickly, the cumulative impact of high inflation is still being felt. Inflation could drop to 2 percent as soon as the spring, around April or May, according to economists at Goldman Sachs, ING, Oxford Economics and elsewhere.

Persons: Rishi Sunak, Sunak’s, Goldman Sachs Organizations: Bank of England, ING, Oxford Locations: It’s, Britain

☆ U.K. Inflation Edges Higher, Halting 10-Month Slide
▼ + stars: | 2024-01-17 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

Persons: Rishi Sunak, Sunak’s, Goldman Sachs Organizations: Bank of England, ING, Oxford Locations: It’s, Britain

☆ Why Princess Poppy was dressed as a green troll at the Emmy Awards
▼ + stars: | 2024-01-16 | by ( Aj Willingham | ) edition.cnn.com time to read: +3 min

There are looks, there are looks, and then there’s whatever Princess Poppy was serving at the 2024 Emmy Awards. RuPaul took the moment to advocate for LGBTQ rights in a speech so earnest one hardly noticed the green troll standing in the background. As for Princess Poppy, she’s had a mixed relationship with fame since being voted off Season 15 of the show last year. “I’m obsessed with Princess Poppy,” one X user said alongside a video of the drag queen dancing in full troll look during the event. “Princess Poppy you will always be famous,” one fan wrote.

Persons: Poppy, Don’t, Li Shen Ooi, Bryn, “, ”, Sasha Colby, Malaysia Babydoll Foxx, Irene Dubois, Robin Fierce, Jax, Marcia Marcia Marcia, Aura Mayari, Salina EsTitties, Neilson Barnard, RuPaul, Princess Poppy, she’s, wasn’t, didn’t, “ I’m Organizations: Entertainment, Los Angeles Times, Times, Getty, CNN Locations: Spice, Sugar, Malaysia, Salina

☆ I downloaded Tinder to find a Paris tour guide. We fell in love, and I just left Texas to be with him.
▼ + stars: | 2024-01-16 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +12 min

Ash Highberger, 30, moved to France from Texas earlier this month after a chance meeting in 2022. Highberger used Tinder to find a platonic tour guide and ended up falling in love with him. Courtesy of Ash HighbergerWhen we landed, I got word from the event's organizers that I wouldn't be able to work. I downloaded Tinder to find a tour guideWhen we first landed in Paris, we went straight to the train station and entered the city. Courtesy of Ash HighbergerI didn't even have Tinder in the States, so when downloading the app, my intention was not romantic.

Persons: Ash Highberger, Highberger, —, Ash, Carlos, Raphael, Raphael messaged, I'm, Rafael, Adolphe Thiers, couldn't, we'd, I've, I'd Organizations: Service, Paris Fashion, Paris, Eiffel, Louvre, France, Dallas Fort Worth International Locations: France, Texas, Paris, Rome, Père Lachaise, Jardin des, Raphael

☆ ING CEO: Euro zone economies holding up despite interest rate hikes
▼ + stars: | 2024-01-16 | 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 EmailING CEO: Euro zone economies holding up despite interest rate hikesSteven van Rijswijk, CEO of ING Group, explains the resilience of euro zone economies amid interest rate hikes and gives his inflation outlook for 2024.

Persons: Steven van Rijswijk Organizations: ING, ING Group

☆ Global shipping recession could end as freight rates soar on Red Sea troubles
▼ + stars: | 2024-01-16 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

Stringer | Bloomberg | Getty ImagesVessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates. Alan Baer CEO of OL USAVessel-Operating Common Carriers (VOCC) are ocean carriers that own and operate vessels responsible for managing cargo and transporting them. Luis Boza/ | Nurphoto | Getty ImagesWhile the recent spikes in freight rates might not help shippers relive their glory days following the pandemic, they would substantially boost profitability. Brashier noted that both contracted rates for ocean carriers and spot market rates may rise further. Overall, container freight will still [find it] difficult to manage oversupply issue.

Persons: Stringer, Houthi, Alan Baer, Baer, Luis Boza, Nico Luman, Jefferies, Brashier, Daejin Lee Organizations: Bloomberg, Getty, Houthi, U.S, U.S . Central Command, USA, CNBC, Evergreen, Shipping, Logistics, Head, Research, Fertistream Locations: Suez, Egypt, Yemen, South Africa, Gibraltar, Maersk, Lisbon, Portugal, Asia

☆ Nikki Haley under pressure from donors to defeat Donald Trump in New Hampshire after Iowa caucus loss
▼ + stars: | 2024-01-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

Former U.N. ambassador Nikki Haley is facing pressure from some of her top fundraisers to either seriously compete with, or outright defeat, Donald Trump in next week's New Hampshire primary, after finishing third Monday in the Iowa caucus. Levine is also the co-host of a Haley fundraising event scheduled for after the New Hampshire primary. He told CNBC he isn't worried about poor attendance, as long as she has a strong showing in the Granite State. In order to keep many of her more affluent donors engaged, Haley must get within three percentage points of Trump in New Hampshire, said a Republican fundraising advisor whose clients include Haley donors. Some Haley donors have already lost hope.

Persons: Nikki Haley, Donald Trump, Andy Sabin, Haley, Sabin, Haley doesn't, Eric Levine, Levine, Trump, he's, Joe Biden, CNBC's Alex Sherman Organizations: U.S, United, U.N, CNBC, Trump, New, Republican, caucusgoers, GOP, New Hampshire, AdImpact Locations: West Des Moines , Iowa, U.S, week's, Hampshire, Iowa, New York, New Hampshire, Granite State, South Carolina, Davos, Switzerland

Despite having cut official diplomatic relations with Taiwan in 1979, the U.S. remains the island's chief diplomatic ally and source of military hardware and intelligence. Lai's victory was a setback for China’s efforts to bring Taiwan under its control. It goes against the expectation of global democratic communities and goes against the will of the people of Taiwan to uphold democratic values. Lai’s victory means the Democratic Progressive Party will hold the presidency for a third four-year term, following eight years under Tsai. Lai won a three-way race for president with 40% of the vote, less than the clear majority Tsai won in 2020.

Persons: —, Tsai Ing, “, Stephen Hadley, Lai Ching, James B, Steinberg, Tsai, ”, Antony Blinken, Lai, Johnson Lai Organizations: U.S, Saturday, Taiwan “, Communist Party, Democratic Progressive Party, United Nations, Nationalists, Kuomintang, KMT, China's, Chinese Foreign Ministry, ___ Associated Press Locations: TAIPEI, Taiwan, China, Hadley, U.S, Asia, Pacific

☆ Taiwan's new president will face a divided parliament. Here's why it matters
▼ + stars: | 2024-01-15 | by ( Clement Tan | ) www.cnbc.com time to read: +6 min

A kid runs across the flag of Taiwan banner during the announcement of official results on January 13, 2024 in Taipei, Taiwan. While Lai won the presidential election on Saturday with 40% of the popular vote, his DPP lost 10 seats in Taiwan's parliament from its previous 61, giving up its majority. Taiwan's president- and vice president-elect from the Democratic Progressive Party Lai Ching-te and Hsiao Bi-khim standing along several party's heavyweight on the central stage in Taipei on Janauary 13, 2024 to celebrate victory in Taiwan's 8th presidential election. The Chinese Communist Party has refused to engage with outgoing President Tsai Ing-wen since she assumed office in 2016. Supporters attend the Taiwan People's Party (TPP) campaign rally on January 12, 2024 in Taipei, Taiwan.

Persons: Sawayasu Tsuji, Lai Ching, Han Kuo, rancor, —, Lai, Timothy S, Rich, Sara Newland, TPP, Tsai, Gabriel Wildau, Democratic Progressive Party Lai Ching, Hsiao, Alberto Buzzola, Tsai Ing, Ting Yen Franklin Organizations: Getty, TAIPEI —, Taiwan People's Party, Democratic Progressive Party, Beijing Kuomintang, Kuomintang, KMT, TPP, Rich Western Kentucky University, Smith College, Lightrocket, Chinese Communist Party, Marshall College China, DPP, Chinese Communist Party officials, Taiwan Straits, Western Kentucky University, Supporters Locations: Taiwan, Taipei, China, Taiwan's, Beijing

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