The estimate is in line with the expectations of analysts polled by Reuters.
Taiwan’s new president will face a divided parliament. Here’s why it matters
The lack of a parliamentary majority may force Lai Ching-te to moderate his China policy and cater more to Taiwan’s disenchanted youths.
Americans are canceling trips that are thousands of miles from Gaza. Here’s why
Geopolitical conflict is affecting travel bookings in 2024, causing travelers to lose confidence to travel internationally — and domestically.
‘Taiwan is China’s Taiwan’: Beijing says Taiwan’s ruling party is not representative of popular opinion
Beijing has framed the self-ruled island’s election as a choice between “peace and war, prosperity and decline.”
China skeptic Lai Ching-te wins Taiwan’s presidential election
Taiwan’s ruling Democratic Progressive Party on Saturday won an unprecedented third-straight presidential term.
Microsoft tops Apple as world’s most valuable public company
Microsoft’s market capitalization eclipsed Apple’s a day after it showed off artificial intelligence capabilities in front of developers in San Francisco.
Tanker companies temporarily halt traffic toward Red Sea after U.S. airstrikes on Houthi militants
Hafnia, Torm and Stena Bulk confirmed that they halted traffic toward the Red Sea after airstrikes on Houthi militants in Yemen.
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Citigroup CEO Jane Fraser announced one of the largest moves to cut headcount at a major U.S. bank in recent years.
U.S. carries out new strike in Yemen after Biden vows to keep pressure on
Tesla stock down on Red Sea delays, rising labor costs and price cuts
Shares of Tesla fell Friday as the stock faced pressure from supply chain delays due to a crisis in the Red Sea.