SHOCK PREP: The measures, which take effect today, would limit the number of shares that can be sold short in preparation for the effects of Trump’s tariffs
The Financial Supervisory Commission (FSC) yesterday announced temporary response measures to help maintain stock market stability, while safeguarding the interests of Taiwanese investors and listed companies.In the face of potential market turmoil from US President Donald Trump’s “reciprocal” tarif
Tens of thousands of protesters on Saturday flooded the streets of major US cities to oppose the divisive policies of US President Donald Trump, in the largest demonstrations since his return to the White House.The “Hands Off!” demonstrations were organized for more than 1,200 locations in all 50 st
The speaker of the South Korean National Assembly yesterday proposed revising the constitution to curb presidential powers, citing public support for such a move after former president Yoon Suk-yeol was ousted for declaring martial law.“I would like to propose to the people that we should now quickl
A Russian missile attack on Kyiv early yesterday killed one man and injured three other people, causing damage and fires in several districts in the biggest such attack on Ukraine in weeks, Ukrainian officials said.The strike was the first large-scale attack using missiles and drones since the US la
‘SPECIAL CHANNEL’: Taipei’s most important tasks are to stabilize industries affected by Trump’s trade tariffs and keep negotiations with Washington open, a source said
National Security Council Secretary-General Joseph Wu (吳釗燮) arrived in the US for talks with US President Donald Trump’s administration, a source familiar with the matter said on Friday.Wu was leading a delegation for a meeting known as the “special channel,” the Financial Times reported earlier. It
RETHINKING WAR: Many people believe a first strike would involve missiles, but China would more likely use maritime militia ships and drones, a legislator said
The Han Kuang exercises, Taiwan’s largest annual military drills, began yesterday, with experts saying that the extended 14 days of war games were in response to China’s increasing “gray zone” activities and its potential to carry out a full-scale invasion of Taiwan.This year’s exercises started wit
US customs agents yesterday began collecting US President Donald Trump’s unilateral 10 percent tariff on all imports from many countries, with higher levies on goods from 57 larger trading partners due to start next week.The initial 10 percent “baseline” tariff took effect at US seaports, airports a
Ukraine yesterday mourned 18 people, including nine children, killed in a Russian ballistic missile strike on Ukrainian President Volodymyr Zelenskiy’s home city of Kryvyi Rig, as the region’s governor said it was “the kind of pain you wouldn’t wish on your worst enemy.”Sixty-two people were wounded
Cambodian Prime Minister Hun Manet yesterday said there was “nothing to hide” as he inaugurated a naval base renovated in the past few years by China, after Washington voiced concern over Beijing’s role in the upgrades.The US has said the Ream Naval Base, off Cambodia’s southern coast, could give Ch
TALKS FOCUS: The premier said that the Trade Negotiations Office would continue to negotiate with the US to seek reciprocally beneficial trade and economic ties
A gross budget of NT$88 billion (US$2.66 billion) would be allocated to assist the industrial and agricultural sectors to address the effects of the latest US tariff policy on Taiwan, Premier Cho Jung-tai (卓榮泰) told a news conference in Taipei yesterday.The Cabinet unveiled government programs in su
CCP LINKS: Separately, three DPP staff members, reportedly including a Presidential Office consultant, have been detained amid a probe into alleged espionage for China
Former Naval Education, Training and Doctrine Command general division commander Chang Pei-ning (張培凝) is to serve three years and 10 months in prison for setting up a spy ring for China after the Supreme Court denied his appeal, Chinese-language media reported yesterday.Chang denied the charges in t
The South Korean Constitutional Court yesterday unanimously removed Yoon Suk-yeol from office, ending his presidency and setting up a new election, four months after he issued an ill-fated declaration of martial law.The verdict capped a dramatic fall for Yoon, a former star prosecutor who became pre
Members of the US House of Representatives on Tuesday reintroduced a bill to support Taiwan’s international space and counter coercion by the Chinese Communist Party (CCP).The Taiwan Allies Fund Act was reintroduced by US Representative Raja Krishnamoorthi, ranking member of the Select Committee on
Britain and France yesterday accused Russian President Vladimir Putin of dragging his feet in ceasefire talks aimed at halting his country’s invasion of Ukraine and demanded a swift response from Moscow after weeks of US efforts to secure a truce.A Russian drone attack late on Thursday on Kharkiv ki
CHIP EXCEPTION: An official said that an exception for Taiwanese semiconductors would have a limited effect, as most are packaged in third nations before being sold
The Executive Yuan yesterday decried US President Donald Trump’s 32 percent tariff on Taiwanese goods announced hours earlier as “unfair,” saying it would lodge a representation with Washington.The Cabinet in a statement described the pledged US tariffs, expected to take effect on Wednesday next wee
New tariffs announced on Wednesday by US President Donald Trump provoked dismay, threats of countermeasures and calls for further talks on trade rules.However, responses were measured, highlighting a lack of appetite among key trading partners of the US for an outright trade war with the world’s big
‘IMPORTANT ALLY’: The reports said that only the government in Taiwan can represent Taiwanese and called on the EU to convey a message opposing force
The Ministry of Foreign Affairs yesterday expressed gratitude for two resolutions passed by the European Parliament on Wednesday that back deepening ties with Taiwan and voice concern about heightened tension across the Taiwan Strait.The parliament on Wednesday adopted an annual report on the implem
Taiwan’s newly procured US weapon systems are to be tested in the 41st annual Han Kuang exercise later this year, the Ministry of National Defense said on Wednesday.The drills would emphasize responses to “gray zone” activities, speed in preparing for combat, command authority delegation and nationa
China yesterday said it had “destroyed” an intelligence network set up by the Philippine espionage agency and arrested three spies from the country.State broadcaster China Central Television (CCTV) reported that authorities had identified one of the suspected spies as a Philippine national who had l
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