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The Latest Breaking News from Taiwan

Taiwan reports that a Chinese weather balloon was found on an outlying island

Taiwan's Defense Ministry said the balloon carried equipment registered to a state-owned electronics company in the northern city of Taiyuan.

WEKU

Liz Truss: learn lessons of Russian aggression and stand up to China now

Ms Truss was speaking in Japan in her first public speech since her resignation as prime minister.

The Independent UK

Top Pentagon official to visit Taiwan, report says, amid US-China tensions

Relations between Beijing and Washington have soured since the US accused China of sending a spy balloon into its airspace

The Guardian - AU

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Former Rockhampton masseur Shao-Wei Wu sentenced for assault, rape, and taking photos of clients' genitals

A Rockhampton court heard 34-year-old Shao-Wei Wu was working as a massage therapist when he took photos of his clients' genitals and sexually assaulted and raped another. His sentence will likely mean deportation back to Taiwan.

ABC News

UK too soft on China and must stand up to communist regime, warns Liz Truss

Former PM to make first speech since her turbulent stint at No 10

The Independent UK

Taiwan reports Chinese balloon found on northern island

Taiwan's Defense Ministry says it found a Chinese weather balloon on one of its outlying islands, amid U.S. accusations that such craft have been dispatched worldwide to spy on Washington and its allies

The Independent UK

Pentagon's top China official travels to Taiwan, sources say

The Pentagon's top China official, Deputy Assistant Secretary of Defense Michael Chase, has arrived in Taiwan, two sources familiar with matter said on Friday, beginning a visit that could exacerbate tensions between Beijing and Washington.

Reuters

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US reportedly sending Pentagon official to Taiwan within days

The U.S. is sending its top China defense official to Taiwan in the coming days, according to the Financial Times — though it’s unclear how Beijing will respond given the softer tone it has adopted in its diplomacy with the U.S. and allies recently.

Tribune News Service

U.S. Republicans ask Biden to boost Taiwan in his budget request

The top Republicans on U.S. congressional foreign affairs and armed services committees pressed Democratic President Joe Biden on Thursday to include $2 billion in military assistance grants for Taiwan in his upcoming budget request.

Reuters

Truss to call for tough sanctions against China if it escalates Taiwan tensions

Former PM will warn in Tokyo ‘free world is in danger’ in apparent attempt to put pressure on Rishi Sunak

The Guardian - UK

Truss to call on G7 to agree China sanctions if Taiwan conflict escalates

The former prime minister is due to address a conference in Japan on Friday which has been organised by the Inter-Parliamentary Alliance on China.

The Independent UK

Ministry targets top 5 rank for exports in Asia

The Commerce Ministry says it wants Thailand to become one of the largest exporters in Asia by 2027.

Bangkok Post

2 Chip Stocks to Buy for Under $100 in February

Despite near-term headwinds, the prospects of the chip industry look bright due to its wide application across industries. Therefore, it could be wise for investors to buy fundamentally strong chip stocks Taiwan Semiconductor Manufacturing Company (TSM) and Xperi (XPER), which are currently trading under $100. Keep reading.

StockNews.com

China hits back at US with sanctions on Lockheed, Raytheon

China imposed fines and sanctions against two U.S. defense companies in a further escalation of tensions between the world’s two biggest economies.

Tribune News Service

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Axios

China sanctions Lockheed Martin and Raytheon over Taiwan sales

The sanctions could have a chilling effect on future sales to Taiwan by companies not yet sanctioned by China.

Reuters

Taiwan finds crashed weather balloon on remote island, likely Chinese

Taiwan's military said on Thursday it had found the remains of a probable crashed weather balloon likely from China on a remote and strategically located island near the Chinese coast, amid a dispute between China and the United States over spy balloons.

The Independent UK

China sanctions Lockheed Martin, Raytheon for Taiwan sales

China has imposed trade and investment sanctions on U.S. military contractors Lockheed Martin and Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory

Reuters

China's balloons give Japan and Taiwan a reason to share intelligence, says lawmaker

The flight of suspected Chinese surveillance balloons has shown that Japan and Taiwan need to share "critical" intelligence about potential common aerial threats, a senior defence policymaker for Japan's ruling Liberal Democratic Party said.

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The Independent UK

Paraguay leader praises Taiwan as 'lighthouse of democracy'

The outgoing president of Paraguay, whose country is one of Taiwan’s few remaining diplomatic allies, has spoken of his admiration for the island democracy while on a state visit to Taipei

The Independent UK

How Ukraine war has shaped US planning for a China conflict

As the war rages on in Ukraine, the United States is doing more than supporting an ally

Reuters

Destiny unites us, Paraguay leader says as Taiwan ties hang in balance

Paraguay and Taiwan are united by destiny, Paraguayan President Mario Abdo said on Thursday during a visit to the island ahead of an election in April that could see the Latin American country ditch Taipei for Beijing.

Reuters

U.S. says all countries should warn China against Taiwan conflict

The United States hopes China will not use any visits by U.S. lawmakers to Taiwan as an excuse for military action, a senior U.S. diplomat said on Wednesday, adding that all countries should warn Beijing against conflict over the island.

ABC News

On a sleepy tourist island in Japan's remote south-west, locals fear a dark period of history is repeating

After decades of peace, Japan is now confronting the possibility of a war with China. Some along a string of islands in the nation's southwest fear they're in the firing line.

StockNews.com

Chip Stocks for 2023: 2 to Buy and 2 to Avoid

Despite difficulties brought on by various macroeconomic factors, the chip industry is poised to grow significantly in the upcoming years, thanks to sustained demand with increasing applications of chips. Hence, quality chip stocks Taiwan Semiconductor (TSM) and Broadcom (AVGO) could be solid buys this year. However, it could be wise…

StockNews.com

1 Semiconductor Stock That Will Be a Big Winner in 2023

Shares of Taiwan Semiconductor Manufacturing Company (TSM) have gained more than 10% over the past month after the Taiwanese government passed a new law that gives a major tax break to local chipmakers. Moreover, the company is poised for massive growth, driven by its portfolio of innovative process technologies and…

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