Taiwan President Tsai Ing-wen speaks as Lai Ching-te, Taiwan’s vice president and presidential candidate of the ruling Democratic Progressive Party (DPP) during a campaign rally ahead of the election in Taipei, Taiwan on January 11, 2024. Carlos Garcia Rawlins | Reuters Taiwan’s election results put the island on a “collision course with China” and the … Read more
A child runs over the flag of Taiwan during the official results announcement on January 13, 2024 in Taipei, Taiwan. Sawayasu Tsuji | Getty Images News | Getty Images Taipei – Newly elected Taiwanese President Lai Ching-te will face a divided parliament that is likely to moderate his political agenda, with the Taiwan People’s Party … Read more
Taiwan and China flags together textile fabric, textile texture Oleksii Liskonih | Warehouse | Getty Images TAIPEI – China rejected the result of Taiwan’s election on Saturday, saying its ruling Democratic Progressive Party did not represent mainstream public opinion after it failed to win a majority in presidential and legislative elections. “Taiwan is China’s Taiwan,” … Read more
A view of the city from the Azabudai Hills Mori JP Tower in the Minato district of Tokyo, Japan on November 24, 2023. Ahmet Furkan | Anadolu | Getty Images Asia-Pacific markets rose across the board, with Japan significantly extending its record rally ahead of US inflation data for December. Country benchmark Nikkei 225 it … Read more
Alfieri | Digitalvision Vectors | Getty Images With roughly half of the world’s adult population heading to the polls in a game-changing election year, concerns about the role of artificial intelligence in disrupting results have topped the list of biggest risks for 2024, according to a new report. The World Economic Forum’s “Global Risks Report … Read more
Social media posts by Maldivian officials could cost the country millions in tourism revenue as they intensify calls from Indian travelers to boycott the island nation. “In the last two days, we have seen a 40% drop in bookings,” Ankit Chaturvedi, vice president and global head of marketing at Indian travel software company Rategain, said … Read more
A job fair in southwest China’s Chongqing city on April 11, 2023. Str | Afp | Getty Images According to the World Bank, the global economy is on track for its worst half-decade of growth in 30 years. Global growth is expected to slow for a third straight year in 2024, falling to 2.4% from … Read more
Samsung is the world’s largest manufacturer of memory chips. Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics said on Tuesday it expected a 35% drop in operating profit in the fourth quarter of 2023, well below expectations, as a recovery in semiconductor prices likely narrowed losses in the South Korean company’s biggest profit-pulling segment. … Read more
After the closing bell at the New York Stock Exchange on December 13, 2023, the screen will show the Dow Jones Industrial Average. Brendan McDermid | Reuters The global economy is moving into a new ‘super cycle’, with artificial intelligence and decarbonisation as driving factors, says Peter Oppenheimer, head of macro research in Europe at … Read more