TAIPEI (Reuters) – Taiwan chipmaker TSMC is feeling “good” about talks towards setting up its first European factory in Germany, where it is in subsidy discussions with the government, the company’s chairman said on Tuesday. The world’s largest contract chipmaker, TSMC has been in talks with the German state of Saxony since 2021 about building…
By Riham Alkousaa BERLIN (Reuters) – United Nations climate talks in Germany kicked off on Monday without an agreed final agenda for technical discussions, a senior negotiator said, clouding optimism that the 10-day meeting would result in a clear programme for the COP28 conference in Dubai. The Bonn Climate Change Conference, designed to prepare decisions…
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida’s government on Tuesday unveiled an action plan on his “new capitalism” programme of driving growth and wealth distribution through wage hikes, signalling his commitment to shift the economy into a higher gear. Kishida’s economic strategy will focus on investment in human resources, science and…
By Laurie Chen and Ryan Woo BEIJING (Reuters) – Meetings between senior U.S. and Chinese officials in China this week struck an upbeat chord, with both sides agreeing to maintain communication lines, even as Beijing remains leery of more “provocative” U.S. moves and open clashes are still a risk. Statements from Washington and Beijing on…
By Andrea Shalal and Daphne Psaledakis WASHINGTON (Reuters) – The White House said on Monday recent dangerous encounters between U.S. and Chinese forces in the Taiwan Strait and South China Sea reflect a growing aggressiveness by Beijing’s military that raises the risk of an error in which “somebody gets hurt.” Washington’s sharply worded warning followed…
By Valentyn Origenko KYIV (Reuters) – Russia launched a new wave of overnight air strikes on Kyiv, with officials at the Ukrainian capital saying that air defence systems downed more than 20 cruise missiles on their approach. “All were shot down, there were no hits,” Serhiy Popko, head of Kyiv’s military administration, said on the…
KYIV (Reuters) – The destruction of the Kakhovka dam in southern Ukraine poses a threat to the Zaporizhzhia Nuclear Power Plant, but the situation at the facility is under control, Ukraine’s state atomic power agency said on Tuesday. The U.N. nuclear watchdog, the International Atomic Energy Agency, said on Twitter it was closely monitoring the…
By Michael Martina and Martin Quin Pollard WASHINGTON/BEIJING (Reuters) – When a Chinese warship came within 150 yards of a U.S. destroyer in the Taiwan Strait on Saturday and forced it to slow down, it was the second time in a matter of days in which Chinese and U.S. military personnel came close to a…
By Sarah McFarlane and Valerie Volcovici LONDON (Reuters) – The war in Ukraine is deepening the climate crisis at time when global greenhouse gas emissions are already running at a record high, according to report by carbon accounting experts who have tallied the overall impact of the conflict. The report, which is due to be…
BEIJING (Reuters) – China will likely further cut banks’ reserve ratio and interest rates in the second half of this year to support the economy, the China Securities Journal reported on Tuesday, citing policy advisors and economists. China’s economy rebounded faster than expected in the first quarter but lost momentum at the beginning of the…
