These are the best of times for Americans — at least economically, and at least on paper. They have never been richer or more prosperous as a nation. Living standards and life expectancy are at all-time highs. Yet, it feels like the economy is broken. What explains this? Consider how few of the thin
The US remained the largest debtor of Taiwanese banks for the 44th consecutive quarter at the end of June, with its share of Taiwanese banks’ total exposure surpassing 30 percent for the first time, the central bank said on Friday.Taiwanese banks’ exposure to the US on an immediate counterparty basi
OCT. 5 to OCT. 11Many worshippers of Taoist deity Lord Su (蘇府王爺) had never witnessed his “north-south grand inspection tour” of central Taiwan. The historic procession last took place in 1969, and before that, in 1893.Lukang’s Fengtian Temple (奉天宮) in Changhua County last Sunday completed Lord S
China’s influence in Latin America is now viewed more positively than that of the US, a major poll conducted in 17 Latin American countries showed on Friday.China overtook the US in terms of influence for the first time since the annual Latinobarometro survey began in 1995.It showed 57 percent of pe
China prefers to win without firing a shot in its bid to strangle Taiwan’s strategic autonomy. Chinese military strategist Sun Tzu (孫子) would have approved. Its central tool at sea is the “cabbage strategy”: the Chinese People’s Liberation Army Navy (PLAN) layers fishing boats, maritime militia, coa
Amazon.com Inc is exploring a deal to shift about US$8 billion worth of top-end Nvidia Corp chips off its balance sheet, according to the Financial Times.The move would offload thousands of Grace Blackwell chips across more than a dozen US data centers into a special-purpose vehicle which would be f
Taiwanese companies with overseas operations can use Citigroup Inc’s digital payment service to move funds between eligible Citi accounts around the clock, helping them manage cash across different time zones without being constrained by conventional banking hours, Citi Taiwan executives said yester
The US military is planning to deploy an advanced anti-ship missile system to a Japanese island close to Taiwan for the first time during a major training exercise later this month.The Navy-Marine Expeditionary Ship Interdiction System is slated to be moved to the island of Yonaguni during the bilat
