Taiwan

Taiwan earthquake: Over 600 still trapped or without contact a day after powerful quake

Taiwan earthquake: Over 600 still trapped or without contact a day after powerful quake

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HUALIEN, Taiwan (AP) — Rescuers searched Thursday for dozens of people still missing a day after Taiwan’s the strongest earthquake for a quarter of a century it damaged buildings, killed 10 people and left others stranded in remote areas. In the eastern coastal city of Hualien, near the epicenter, workers used an excavator to stabilize …

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‘Insurance fraudster’ had both legs amputated ‘after submerging them in dry ice for ten hours to claim £1m payout’

‘Insurance fraudster’ had both legs amputated ‘after submerging them in dry ice for ten hours to claim £1m payout’

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Chang has denied the charges, claiming he was injured while riding a scooter in Taiwan But investigators note that he first took several high-profit insurance packages A man has been charged with insurance fraud after he tried to claim more than £1 million for a double amputation caused by an alleged self-inflicted frostbite. Investigators accused …

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Opinion | Why China will focus on technology but get involved in politics at the NPC meeting

Opinion | Why China will focus on technology but get involved in politics at the NPC meeting

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The resulting bubble created a massive interest group that hijacked government policy and public opinion for two decades. Bubble-fueled GDP growth is dangerous – stopping it can reduce the size of a country’s GDP, but it will also make the economy healthier in the long run. This is where China is today. Those who remember …

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Asia Society highlights 10 likely trends in China in 2024

Asia Society highlights 10 likely trends in China in 2024

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weighs on China’s economic growth. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE / AFP via Getty Images) AFP via Getty Images China faced economic hardship, high-level purges, social discontent, extreme weather and a deteriorating geopolitical environment in 2023, but things are unlikely to improve “much” in 2024, according to a new report …

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House, Senate tax chiefs announce deal on business deductions, low-income credits

House, Senate tax chiefs announce deal on business deductions, low-income credits

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Top tax writers in Congress announced a deal Tuesday morning to increase the child tax credit (CTC) and restore business deductions that were taken away to pay for the cut in the corporate tax rate in the Tax Cuts and Jobs Act from 2017 The CTC expansion would increase the maximum credit per child to …

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Asia has investment potential despite tensions, China’s slowing growth – Alibaba Chairman Joe Tsai

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Chairman Maurice Chang, center, speaks to the Asia Society of New York on Thursday. Russell Flannery Slow economic growth in China and heightened global security concerns should not lead investors to overlook the potential of the Asian region, Alibaba Chairman Joe Tsai said during a discussion hosted by the Asia Society in New York on …

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