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Friday, August 15, 2014
U.S. Secretary of State John Kerry on Wednesday praised a Taiwan-Japan fishery agreement signed last year, saying that the deal serves as a good example to promote regional stability amid escalating tensions in the East China Sea.
Thursday, August 14, 2014
Pope to make first South Korean visit in 25 years
Pope Francis on Thursday begins the first papal visit to South Korea in a quarter century, with plans to beatify 124 Korean martyrs and encourage a vibrant and growing local church seen as a model for the future of Catholicism.
 > Korea
Obama weighs strategy against Islamic State
The Obama administration is grappling with how to bridge the gap between its increasingly dire assessment of the threat posed by the Islamic State group and the limited, defensive air campaign it has so far undertaken, which military officials acknowledge will not blunt the group's momentum.
Taiwan -- Kaohsiung rebuilding after downpour
The Kaohsiung City Government finally started reconstruction efforts after the recent gas explosions, having been delayed by the torrential rain of the past two days.
Japan's economy suffered its biggest quarterly contraction since the 2011 quake and tsunami as a sales tax rise slammed the brakes on growth, data showed Wednesday, throwing into question plans for another increase next year.
 > Asia
 > Japan
The Taiwan High Court yesterday handed down final verdicts to three former baseball stars, with Chen Chih-yuan (陳致遠) receiving six months in prison, Chang Chih-chia (張誌家) four months in prison, and Tsai Fong-an (蔡豐安) six months in prison for game-fixing, but said the aforementioned sentences may be commuted to fines.
China's bank lending plunged in July as the weakening property sector hit demand for loans, statistics showed Wednesday as other key indicators slowed, raising concerns for growth in the world's second-largest economy.
 > Asia
 > China
Wednesday, August 13, 2014
US sends 130 more troops to Iraq
Another 130 U.S. troops arrived in Iraq on Tuesday on what the Pentagon described as a temporary mission to assess the scope of the humanitarian crisis facing thousands of displaced Iraqi civilians trapped on Sinjar Mountain and evaluate options for getting them out to safety.
Japan's economy shrinks as tax hike hits spending
The Japanese economy shrank at an annual pace of 6.8 percent in the second quarter after spending got slammed by a sales tax hike that kicked in from April, government figures showed Wednesday.
 > Japan
Taiwan -- FSC orders takeover of insurance carriers
Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung (曾銘宗) yesterday announced that the commission has ordered the Taiwan Insurance Guaranty Fund (保險安定基金) to take over two troubled insurance carriers, namely Global Life Insurance Co. (國寶人壽) and Singfor Life Insurance Co. (幸福人壽).
  
  
  
  
  
  
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