Taiwan earthquake: 1 Canadian remains missing, top diplomat says – National

Descrease article font size Increase article font size Taiwan’s top diplomat in Ottawa says a Canadian is missing after the powerful earthquake that hit the island this week, while two tourists from Canada have been “successfully rescued” from a national park. Taiwan’s representative to Canada, Harry Tseng, says he has no details about the missing person … Read more

Taiwan quake to hit some chip output, disrupt supply chain, analysts say

Taiwan’s biggest earthquake in at least 25 years is likely to tighten supply of tech components such as display panels and semiconductors, analysts said, as manufacturers in the global tech powerhouse restore operations at affected facilities. The powerful 7.2-magnitude earthquake struck Taiwan’s eastern coast near Hualien County on Wednesday morning, killing nine people and injuring … Read more

Taiwan earthquake: Number of injured tops 1,000, hotel workers remain missing – National

The number of people injured in a 7.2 magnitude earthquake in eastern Taiwan climbed past 1,000 on Thursday though the death toll remained steady at nine, with 42 workers on their way to a hotel in a national park still missing. The temblor, the strongest in 25 years, hit on Wednesday morning just as people were readying … Read more

Strong earthquake rocks Taiwan, prompts tsunami warnings in region – National

An earthquake off the coast Taiwan with a magnitude of 7.2 rocked the entire island on Wednesday morning, collapsing buildings in a southern city and creating a tsunami that washed ashore on southern Japanese islands. Taiwan television stations showed footage of some collapsed buildings in the lightly populated eastern city of Hualien, near the quake’s epicentre, … Read more

Taiwan shares hit record highs on AI boom with more room to rally

High-rise buildings sprawl out across the Taiwanese capital Taipei. Ratima Sritangwong | EyeEm | Getty Images Taiwan shares notched fresh all-time highs on Friday as a booming demand for artificial intelligence and semiconductor technology boosts investor optimism for the country’s tech firms. Market watchers expect the rally in Taiwan stocks to strengthen further. The Taiwan … Read more

China says military spending growth in 2024 to stay the same as last year at 7.2%

Missiles on the background of the Chinese flag Anton Petrus | Moment | Getty Images China is set to increase its defense spending by 7.2% in 2024, Reuters reported Tuesday, citing an official government work report released as part of the country’s annual parliamentary meetings in Beijing. This year’s military budget announcement comes against the … Read more

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Markets positive Wall Street … Read more

House China chair demands Elon Musk provide SpaceX internet for U.S. troops in Taiwan

Elon Musk, CEO of Tesla and X, speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy), in Rome, Dec. 15, 2023. Antonio Masiello | Getty Images The House Select Committee on the Chinese Communist Party sent a letter on Saturday to Elon Musk demanding that U.S. troops stationed in Taiwan get … Read more

The U.S. economy seems to be holding up

People shop at a retail store in Manhattan, New York City, on Jan. 5, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more

The U.S. economy is humming along

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Wall Street surgesThe S&P 500 soared to new highs on Thursday … Read more