Quad leaders vow free and open Indo-Pacific, action on climate

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Reuters UK

By Trevor Hunnicutt and Sakura Murakami TOKYO (Reuters) – The four leaders of the “Quad” group of countries vowed on Tuesday to work together for a free and open Indo-Pacific region and to fight climate change, as they met for talks aimed at standing up to an increasingly assertive China. U.S. President Joe Biden, at the opening of talks with the leaders of three “close democratic partners”, including Indian Prime Minister Narendra Modi, condemned Russia’s invasion of Ukraine as not just a European issue but a global one. Japanese Prime Minister Fumio Kishida, echoed that, saying the same thin…

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Biden leaves for Asia under Ukraine, N.Korea nuclear shadows

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AFP

Washington (AFP) – President Joe Biden left Thursday for South Korea and Japan to cement US leadership in Asia at a time when the White House’s attention has been pulled back to Russia and Europe — and amid fears of a North Korean nuclear test during his trip. Biden wants the trip to build on recent moves accelerating a years-long US pivot to Asia, where rising Chinese commercial and military power is undercutting Washington’s dominance. But highlighting the competing demands from Europe, Biden met right before his departure with the leaders of Finland and Sweden to celebrate their applicatio…

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Taiwan shares end sharply lower; TSMC down nearly 4%

Shares in Taiwan tumbled by more than 2 percent Wednesday following steep losses on American markets overnight amid concerns that higher interest rates and surging inflation could hurt the global economy, dealers said.With tech stocks taking a beating …

Taiwan shares follow U.S. market losses

The Taiex, the Taiwan Stock Exchange’s (TWSE) benchmark index, dipped below the 17,000 mark Tuesday to end at 16,990.91, following heavy overnight losses in the United States.The Taiex opened down 42.53 points, or 0.25 percent, at 17,005.84 and moved t…

China warns of strong measures if U.S. Speaker Pelosi visits Taiwan

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Reuters

BEIJING (Reuters) -China warned on Thursday it would take strong measures if U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan and said such a visit would severely impact Chinese-U.S. relations, following media reports she would go next week. China considers democratically ruled Taiwan its own territory and the subject is a constant source of friction between Beijing and Washington, especially given strong U.S. military and political support for the island. The possible visit has not been confirmed by Pelosi’s office or Taiwan’s government, but some Japanese and Taiwanese media…

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EU underlines warning to China not to help Russia in Ukraine invasion

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DPA

The European Union used a virtual summit in Brussels on Friday to warn China of the economic and reputational risks involved in supporting Russia’s invasion of Ukraine. China was informed any support for Russia’s war “would lead to major reputational damage” in Europe, European Commission President Ursula von der Leyen said in a press conference after the summit. Von der Leyen and European Council President Charles Michel spoke with Chinese Prime Minister Li Keqiang and President Xi Jinping. The EU wanted to use the video meeting to send a stark message to China that helping Russia in Ukraine …

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