The Indian golfing ace catapulted from overnight tied-seventh position to a sole second place finish at the US$300,000 Acer Taiwan Open.
The government is close to approving a proposal by Micron Technology to set up an assembly, testing, marking and packaging (ATMP) facility in the country involving an investment of about $1 billion. The world's fifth largest semiconductor company, based in Idaho, USA, will use the facility to process some of its own wafers, manufactured across the globe.
Taiwan in 1951 came up with an ingenious plan to improve tax compliance: citizens taking receipts for purchases could use them as lottery tickets. Customers were incentivized, and businesses found it hard to evade taxes. The plan's success prompted other countries, Slovakia and Greece among them, to launch similar initiatives. India doesn't seem to find the need yet for such schemes amid surging goods and services tax (GST) collections.
Japan's Met Agency said an earthquake struck off Taiwan measuring preliminary magnitude 7.2.
A TransAsia Airways plane crashed into a river
'When democracy first came to Bhutan people had no idea and they were like 'What is that?' Oh it's that thing they have in India where the leaders are always fighting and arguing.' When I screened the film to Bhutan's film committee, they thought my film was good but they were concerned about that line. They wanted me to change that line. They said, 'We don't want to offend India.' I tried to tell them that Indians have a great ability to laugh at themselves but they insisted I change it.'
Glimpses from China after the People's Liberation Army begun military exercises surrounding the island of Taiwan on August 4, 2022.
Six Taiwan prison inmates commit suicide, ending 14-hour long hostage standoff.
Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.
The company entered into a strategic tie-up with Jaina Marketing and Associates for distribution of its mobile handsets across the country. Three mobile phones in the price range of Rs 25,000 to Rs 36,000 were unveiled on Tuesday.
Vietnam Open: Simran-Ritika in quarters.
Lydia Ko cantered to a nine-stroke victory at the LPGA Taiwan Championship on Sunday to take back the women's world number one spot from South Korean Park In-bee.
Citing the "very complex and sensitive" situation in cross Straits relations, China has asked the US to cancel its plans to sell sophisticated weapons to Taiwan, further emboldening the pro-independence forces on the self-ruled island.
China has hit back at the US over weapons sales to Taiwan as it announced a series of moves against Washington, including suspension of military exchanges between the two countries.
As United States President Joe Biden prepares for a rare summit with Chinese President Xi Jinping, the ongoing wars in Ukraine and between Israel and Hamas set the stage for high-stakes discussions, CNN reported on Tuesday.
India will be an important country in terms of manufacturing in future, Young Liu, chairman and CEO of Hon Hai Technology Group (Foxconn) has said, his latest comment adding to a growing chorus of global voices acknowledging the country's bold moves to position itself as electronics and hi-tech production powerhouse. In an interaction with reporters in Taipei, the top honcho of the Taiwanese electronics manufacturing giant said the development of the entire ecosystem and industrial chain, and opportunities for development in India are "very, very huge opportunities". "If there is no big change, India will be a very important country in terms of manufacturing in the future," Liu said.
The OCCRP report alleges that at one point, EIFF and EMRF held free-floating shares ranging from 8 per cent to nearly 14 per cent in the four Adani Group companies.
'Earnings will be the catalyst for markets to march higher from here on out.'
Kazakh weightlifter Zulfiya Chinshanlo broke her own clean and jerk world record in the 53kg category at the Asian Games on Sunday, but it was not enough to snatch gold from Taiwan's Hsu Shu Ching, who also set a new combined world mark of 233kg.
If you are serious about countering the Chinese threat, then the best weapon is investing in real freedom, plurality, elections and democracy. Unfortunately, it isn't an approach all Indians currently seem to agree on, asserts Shyam G Menon.
Taiwan-based telecom company DBTel on Thursday unveiled mobile phones and said it will invest upto $50 million for setting up marketing and customer care network.
The Indian government is keen to woo major semiconductor players, but a global race to attract them to countries where there is already an ecosystem is making it difficult for India to attract the biggies in the business. On Wednesday the government decided to throw open the doors to more players to participate in its semiconductor scheme. It is now looking at not only 28 nanometre (nm) chips and below, but higher nodes like 40 nm.
According to the Pentagon report, the PLA is creating options for dissuading, deterring, and defeating external intervention in the Indo-Pacific region.
India topped the global chart for total amount raised through American depository receipts (ADRs) this year (January-July), beating China and Taiwan.
Taiwan-based Hon Hai Technology Group, the subsidiary of Foxconn Industrial Internet (Fii), is in talks with the Tamil Nadu government to invest around $200 million to set up an electronic components unit in the state. According to a Reuters report, FII, which makes communication, mobile network and cloud computing equipment, has shared the plan with the Tamil Nadu state officials. Business Standard had reported last week that Fii's chief executive officer (CEO) Brand Cheng met Tamil Nadu Chief Minister M K Stalin and Minister for Industries, Investment Promotion and Commerce TRB Rajaa.
There is growing consensus in the political landscapes of New Delhi and Taipei that such cooperation is in their mutual interests in the age of globalisation.
BPO and IT services across India remained largely unaffected.
Coupang, a prominent online retail giant headquartered in the United States (US), is gearing up to establish a cutting-edge technology centre in India, aiming to hire several dozen skilled professionals by the end of the year, Business Standard has learnt. The intended expansion involves the recruitment of software engineers across various domains, underscoring Coupang's commitment to extend its global reach. The Indian team will support the company's global technology team, sources said.
'It is only when Beijing sees a country with an infirm political will such as India that it acts up as the PLA has done in eastern Ladakh.'
The new strain of bird flu which hit several parts of China has spread to Taiwan as it reported the first case while the World Health Organisation on Wednesday said the deadly H7N9 virus is far "more lethal" because of its ability to spread easily from birds to humans.
Throughout 2022, China turned to the PLA as an increasingly capable instrument of Statecraft, strengthening its ability to 'fight and win wars' against a 'strong enemy', points out Ajai Shukla.
It will be a historic and strategic mistake to insist on taking China as a threat and adversary, or even an enemy, Chinese Defence Minister General Wei Fengh said on Sunday as he underlined that the China-United States relationship is at a critical and crucial juncture.
Battered by the financial meltdown, AIG had received billions of dollars from the US government last year to tide over the turmoil. The leading insurer has also shed assets worldwide to streamline its operations.
The Congressman said the Chinese Communist Party has, unfortunately, botched its response to COVID-19, causing tremendous economic uncertainty and a slowdown in China's economy.
'The United States should not, by this logic, expect India to create military distractions along the Line of Actual Control, hold up Chinese shipping in the Indian Ocean, or even openly provide intelligence or basing for US forces transiting the region.'
An independent Taiwan under President Tsai Ing-wen's Democratic Progressive Party is anathema to China, observes Rup Narayan Das.
Gold, the safest haven amid the ongoing uncertainty, also emerged as one of the most lucrative investment options in financial year 2022-23 with an impressive return of 16.1 per cent in rupee terms, and 2.3 per cent returns in dollars. And, had it not been for the very high inflow of smuggled gold and the huge discount prevailing in the market due to high prices, the returns in gold would have been much higher, analysts said. The precious metal has consistently been delivering positive returns in India since 2016.
'The real issue between India and China is that the Chinese have transgressed along the Line of Actual Control at multiple points.'
Maj. Gen. Zhu Chenghu, a dean at China's National Defense University, stressed that he was expressing a personal view, not official policy, The Asian Wall Street Journal reported.
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