The Latest Breaking News from Taiwan

Seasoned diplomat Song Tao’s responsibilities include formulating policies on the island, coordinating related legal affairs, and managing cross-strait business and cultural affairs

The U.S. State Department has approved the possible sale of Volcano anti-tank mine-laying systems to Taiwan for an estimated $180 million, the Pentagon said on Wednesday.

Taiwan will test arrivals from China for COVID-19 from Jan. 1 in response to a surge in cases there, the government said on Wednesday, joining other countries in stepping up controls on people coming from China.

While speculators were fueling bouts of market volatility with panic-driven sell-offs, legendary investor Warren Buffett doubled down on his playbook to load up on growing businesses with enduring competitive advantages. Under his leadership, Berkshire Hathaway (BRK) increased its stake in Taiwan Semiconductor Manufacturing (TSM) and Activision Blizzard (ATVI) while lightening…

With the Biden administration ramping up investment in the semiconductor industry, it is well-positioned to grow. Given the industry’s long-term growth prospects, it could be wise to buy fundamentally strong chip stocks Taiwan Semiconductor Manufacturing Company (TSM), Broadcom (AVGO), and Xperi (XPER).

Taiwan will extend its compulsory military service from four months to a year starting in 2024, President Tsai Ing-wen said Tuesday, as the self-ruled island faces China's military, diplomatic and trade pressure.

"Only by preparing for war can we avoid war, and only by being able to fight can we stop war," Taiwanese President Tsai Ing-wen said Tuesday.

Taiwan announced it is extending its compulsory military service to one year from the current four months, a signal to Beijing and Washington it is serious about defending itself.

China has stepped up its military harassment of Taiwan, sending fighter planes and navy vessels toward the island on a near-daily basis in recent years.