The US is sending a delegation of trade and economic officials to Taiwan next week, as the administration of Joe Biden seeks to bolster America’s commercial relationship with the island. The office of the US trade representative announced on Wednesday that Terry McCartin, its top official responsible for trade with China, would lead a US … Read more
Former NATO secretary general Anders Fogh Rasmussen arrived in Taiwan on Tuesday, where he will meet with the island’s president, Tsai Ing-wen. The trip takes place amid a row between Beijing and Washington, which accuse each other of stoking tensions in the region. Rasmussen, a former Danish prime minister who led NATO between 2009 and … Read more
Taiwan President Tsai Ing-wen has resigned as head of the ruling Democratic Progressive Party following local election losses suffered by her party. Ms. Tsai offered her resignation on Saturday evening, a tradition after a major loss, in a short speech in which she also thanked supporters. She said she will shoulder the responsibility as she … Read more
Prosecutors in Taiwan said on Tuesday they had charged a senior military officer with corruption and harming state security after they said he took bribes from a Chinese agent to act as a spy and even signed a letter promising to surrender to China. Taiwan has long battled against what it says is a sustained … Read more
Chip Somodevilla Berkshire Hathaway’s recently announced stake in Taiwan Semiconductor (NYSE:TSM), along with Qualcomm’s (NASDAQ:QCOM) order cut at China’s Semiconductor Manufacturing International Corporation, have both been largely seen as “positives” for the semiconductor industry. However, according to Fubon Research the chip sector is not out of the woods yet. Analyst Sherman Shang noted that the … Read more
Tuan Tuan lies on the ground at the Taipei Zoo in Taipei, Taiwan. File. | Photo Credit: AP A panda that China gifted to Taiwan 14 years ago as a symbol of what were then warmer ties died on Saturday, after suffering a spate of seizures, Taipei Zoo said. Tuan Tuan and his breeding mate … Read more
New Yorker writer Dexter Filkins says China has made it increasingly clear that it doesn’t recognize Taiwanese sovereignty — leading to increased tensions between China and the U.S. Source link
Taiwan displayed its self-developed drone technology Tuesday, amid rising concerns over China’s threats to use force to assert its claim to the self-governing island republic. The National Chung-Shan Institute of Science and Technology, which develops military technology, offered a rare look at the Jian Xiang drone designed to destroy enemy radars, and other unmanned combat … Read more
Berkshire Buys Taiwan Semi Stock, Sells US Bancorp, Bank of NY Source link
Warren Buffett’s Berkshire Hathaway (BRKB) bought shares of Taiwan Semiconductor (TSM) for the first time during the third-quarter bear market, while dumping Store Capital (STOR) entirely. X What Warren Buffett Bought, Sold In Q3 Buffett-led Berkshire picked up roughly 60 million shares of Taiwan Semiconductor worth more than $4.1 billion, according to Berkshire’s latest 13F … Read more