Trump Tariff Ultimatum Sparks Global Alarm
WASHINGTON – The Trump administration has reignited global trade tensions with a sweeping series of letters to 14 countries, including key allies in Asia, warning of harsh tariffs unless bilateral trade agreements are reached within three weeks. The letters—some outlining … Continue reading Trump Tariff Ultimatum Sparks Global Alarm
Airlines Reroute Flights Amid Middle East Tensions
FRANKFURT/BANGKOK/TOKYO – After the downing of Malaysia Airlines Flight MH17 in July 2014, many airlines—excluding Chinese carriers—abandoned the shorter northern routes over Russia and Ukraine. Flights between Western Europe and Asia were rerouted southward, adding three or more hours to … Continue reading Airlines Reroute Flights Amid Middle East Tensions
Hegseth Calls Asian Allies for 5% GDP Defence Investment
SINGAPORE – At the 22nd Shangri-La Dialogue in Singapore on May 31, U.S. Secretary of Defense Pete Hegseth issued a stark warning to Indo-Pacific allies, urging them to significantly increase their defence spending to 5% of GDP—mirroring commitments made by … Continue reading Hegseth Calls Asian Allies for 5% GDP Defence Investment
Trump Announces 90-Day Tariff Suspension, China exempted
WASHINGTON – In a significant shift in U.S. trade policy, President Donald Trump declared a 90-day suspension of the recently imposed “reciprocal” tariffs on multiple countries, aiming to foster negotiations for new trade agreements. This suspension does not extend to … Continue reading Trump Announces 90-Day Tariff Suspension, China exempted
China Stages Largest Military Drill Around Taiwan
TAIPEI/BEIJING – China has launched its largest military exercise around Taiwan in over a year, deploying 21 warships, 71 aircraft, and multiple coast guard vessels in a display of force that has heightened regional tensions. The Chinese military stated on … Continue reading China Stages Largest Military Drill Around Taiwan
US State Department Revises Taiwan Policy
WASHINGTON – The US State Department has recently revised the portrayal of its stance on Taiwan—a move that Taipei interprets as clear evidence of Washington’s enhanced support for the island. The passage previously featured on the department’s website, which stated … Continue reading US State Department Revises Taiwan Policy
Chip industry: Germany increasingly important player
BERLIN – Global semiconductor production is a key sector of the global economy in which Asian countries such as South Korea, Taiwan, Singapore, Malaysia, and China play a dominant role. According to a recent study conducted by the Ifo Institute … Continue reading Chip industry: Germany increasingly important player
TAT and EVA Air to Boost Tourism to Thailand
BANGKOK/TAIPEI —The Tourism Authority of Thailand (TAT) and EVA Air have reaffirmed their commitment to enhancing Thailand’s appeal as a global travel destination by signing a four-year Letter of Intent (LOI). This renewed partnership aims to drive tourism growth from … Continue reading TAT and EVA Air to Boost Tourism to Thailand
TSMC to build three chip factories in Arizona
WASHINGTON – TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), has been awarded up to $6.6 billion in direct funding under the CHIPS Incentive Program for commercial manufacturing facilities, the U.S. Department of Commerce … Continue reading TSMC to build three chip factories in Arizona
Super Typhoon “Kong-rey” Causes Widespread Devastation
MANILA/TAIPEI/SEOUL/TOKYO – As super typhoon “Kong-rey” continues its path through East Asia, it has left a trail of destruction in the Philippines, Taiwan, and South Korea, prompting urgent preparations in Japan for the storm’s arrival. In the Philippines, “Kong-rey” unleashed … Continue reading Super Typhoon “Kong-rey” Causes Widespread Devastation