TSMC Evacuates Factory Areas After Taiwan Earthquake, Tsunami Warning Bloomberg Taiwan’s 7.4-Magnitude Earthquake Kills 9 and Injures Over 1000 The New York Times Dashcam captures moment cars come to a stop on highway as powerful earthquake strikes Taiwan Yahoo! Voices Dozens trapped in tunnels after Taiwan’s strongest quake in 25 years kills at least nine CNN TSMC “still assessing” … Read more
TAIPEI, Taiwan (AP) — 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. A five-story building in lightly populated Hualien appeared heavily damaged, collapsing its first floor and leaving the rest leaning at a 45-degree angle. … Read more
BEIJING (AP) — China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring last year’s rise. Tensions with the U.S., Taiwan, Japan and neighbors with competing claims to the crucial South China Sea are seen as … Read more
MELBOURNE, Australia (AP) — Tuvalu’s former Attorney General Feleti Teo was named prime minister of the tiny South Pacific nation Monday after elections a month ago ousted the last government leader. Teo was the only candidate nominated by his 15 lawmaker colleagues and Governor General Tofiga Vaevalu Falani declared him elected without a vote, government … Read more
WASHINGTON (AP) — China responded sternly Thursday to a U.S. congressional delegation’s visit to Taiwan, demanding the U.S. stop any official contact with the self-governing island. “China opposes any form of official interaction between the U.S. and Taiwan authorities and rejects U.S. interference in Taiwan affairs in whatever form or under whatever pretext,” Foreign Ministry … Read more
The intensified military pressure comes as the U.S. and China are attempting to steer relations back on track after an icy couple of years. For example, at their meeting, Sullivan and Wang confirmed the plan to launch a collaborative U.S.-China “Counternarcotics Working Group” on Tuesday to address the fentanyl crisis. “Mr. Sullivan underscored during the … Read more
Top tax writers in Congress announced a deal Tuesday morning to beef up the child tax credit (CTC) and reinstate business deductions that were taken away to pay for the reduction of the corporate tax rate in the 2017 Tax Cuts and Jobs Act. The CTC expansion would increase the maximum credit per child to … Read more
Mumbai’s $30 Billion Infrastructure Makeover: Coastal Road Project, MTHL, Metro Bloomberg Mumbai gets a makeover as India binges on bridges, roads and rail Reuters India No Bikes, Autos Allowed On India’s Longest Sea Bridge, Speed Limit Is… NDTV 22-km sea link: Gateway to a brave, new Mumbai Times of India Watch: This nighttime video of MTHL, India’s longest sea … Read more
BEIJING (AP) — China announced sanctions Sunday on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals. The sanctions will freeze any property the companies have in China and prohibit organizations and individuals in China from doing business with them, the Foreign Ministry said … Read more
China announced fresh sanctions on five US defense industry companies, in response to the latest arms sales deals to Taiwan. The companies affected include BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat and Data Link Solutions, the Chinese foreign ministry said in a statement Sunday. The measures consist of freezing the properties of … Read more