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Chip industry rethinks Taiwan risk after Pelosi visit but options limited

By   /  October 7, 2022  /  World News  /  No Comments

TAIPEI — Chinese missiles flying over Taiwan and naval drills in the Strait in August that simulated a blockade by China have jolted the semiconductor industry into contemplating what once seemed a remote possibility: war over the major chip-producing island. From drafting contingency plans to inquiring about manufacturing capacity outside Taiwan, some companies are now […]

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As China party congress looms, signals sought on easing COVID policy

By   /  October 7, 2022  /  World News  /  No Comments

BEIJING — The mounting economic toll of China’s zero-COVID policy is raising investor hopes that Beijing may finally begin laying the groundwork for the tricky epidemiological and political task of shifting course following this month’s Communist Party congress. It is not clear whether the ruling party congress from Oct. 16 will shed any light on […]

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Europe’s new 44-nation club underlines Russia’s isolation

By   /  October 7, 2022  /  World News  /  No Comments

PRAGUE — Leaders of the European Union (EU) and neighbors from Britain to Turkey met on Thursday to discuss security and energy emergencies plaguing them all since Russia’s invasion of Ukraine, a symbolic summit that underlined Moscow’s isolation. The gathering in Prague was the inaugural meeting of the European Political Community (EPC), a brainchild of […]

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Thailand mourns after over 34 die in daycare centre attack targeting children

By   /  October 7, 2022  /  World News  /  No Comments

NA KLANG, Thailand — Thai government buildings flew flags at half-mast on Friday to mourn the death of more than 30 people, including 23 children, after an ex-policeman burst into a daycare center in a knife and gun rampage that left the nation shocked and seeking answers. Most of the children who died at the […]

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Taiwan sees more Chinese intimidation in Xi’s next term 

By   /  October 6, 2022  /  World News  /  No Comments

TAIPEI — Taiwan expects China to increase its coercion and intimidation to achieve its goal of bringing the island under Beijing’s control once President Xi Jinping assumes a third term in office, a senior Taiwanese minister said on Thursday. Beijing’s once-in-five years leadership reshuffle is set for the Communist Party congress that starts Oct. 16, […]

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Plenty of ‘fire’ but less ‘fury’ as tensions with North Korea rise again

By   /  October 6, 2022  /  World News  /  No Comments

SEOUL/WASHINGTON — Between long-range missile launches and the looming prospect of new nuclear tests, this year has seen North Korea return to weapons activities not seen since the days of “fire and fury” in 2017. A key difference: despite the “fire” from North Korea this time around, there has been far less concerted international “fury.” […]

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Soaring egg prices force French food industry to change recipes

By   /  October 6, 2022  /  World News  /  No Comments

PARIS — A more than doubling in egg prices in France due to soaring feed and energy costs and a lack of supplies after the worst ever bird flu crisis has prompted some food companies to lower output or change recipes, egg producers said on Wednesday. Both the European Union (EU) and the United States […]

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Rash of child deaths in Gambia linked to cough syrups made in India — WHO

By   /  October 6, 2022  /  World News  /  No Comments

THE DEATHS of dozens of young children in Gambia from acute kidney injuries may be linked to contaminated cough and cold syrups made by an Indian drug manufacturer, the World Health Organization (WHO) said on Wednesday. The findings, announced by WHO Director-General Tedros Adhanom Ghebreyesus, followed tests on several medicinal syrups that were suspected of […]

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OPEC+ agrees deep oil production cuts, Biden calls it shortsighted

By   /  October 6, 2022  /  World News  /  No Comments

VIENNA/LONDON — OPEC+ (Organization of the Petroleum Exporting Countries Plus) agreed to steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the US administration called the surprise decision shortsighted.  OPEC’s de-facto leader Saudi Arabia said the cut of 2 million barrels […]

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Gas crisis set to worsen after Europe burns through winter stocks

By   /  October 6, 2022  /  World News  /  No Comments

HELSINKI/BRUSSELS — Europe may face an even more acute energy crunch next year after draining its natural gas tanks to get through the cold of this winter, the head of the International Energy Agency (IEA) said on Wednesday, as the European Union (EU) looks for ways to ease the crisis. European countries have filled storage […]

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