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Taiwan spots Chinese balloon in strait month before election

TAIPEI (Reuters) -Taiwan's defence ministry said on Friday that a Chinese weather balloon had crossed the Taiwan Strait median line on Thursday, about a month before Taiwan's presidential election. "Our initial understanding is that it was a sounding balloon," Taiwan Defence Minister Chiu Kuo-cheng told reporters at parliament. Taiwan, which China claims as its own territory, frequently accuses Beijing of seeking to exert military or economic pressure to sway its elections ...
T Ai Pei Taiwan Strait Taiwan General William Mallard Bernard Orr Sarah Wu
Source: yahoo.com

Chinese fighters, balloon cross Taiwan Strait a month before election

TAIPEI (Reuters) -Taiwan said on Friday that 12 Chinese fighter jets and a suspected weather balloon had crossed the Taiwan Strait's sensitive median line, in a ratcheting up of tensions about a month before the island's presidential election. Democratically governed Taiwan, which China claims as its own territory, has complained for the past four years of regular Chinese military patrols and drills near the island. Taiwan holds presidential and parliamentary polls on Jan. 13 and campa...
T Ai Pei Taiwan Strait Taiwan General United States Ben Blanchard Joseph Wu
Source: aol.com

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China's Politburo meets on economic work for 2024

China will spur domestic demand and consolidate and enhance the economic recovery in 2024, the Politburo, a top decision-making body of the ruling Communist Party, was quoted by state media as saying on Friday. The government has in recent months unveiled a flurry of measures to shore up a feeble post-pandemic economic recovery that has been held back by a property crisis, local government debt risks, slow global growth and geopolitical tensions. Ratings agency Moody's slapped a downgrade...
Edmund Klamann Christopher Cushing Communist Party Central Economic Work Conference Economic Recovery Communist Party
Source: yahoo.com

Japan financial diplomat Kanda: ASEAN+3 agree on new lending facility

TOKYO (Reuters) -Deputies of the ASEAN+3 group of nations agreed on Thursday to set up a new regional lending facility to respond to emergencies in the region amid rising uncertainty over a global economic slowdown and elevated U.S. interest rates. The establishment of the new scheme, dubbed the Rapid Financing Facility, and its specific content will be formally confirmed at their ministerial gatherings scheduled next spring and summer, Japanese top financial diplomat Masato Kanda said after t...
South Korea Tetsushi Kajimoto Jacqueline Wong Christopher Cushing Chiang Mai Initiative Multilateralisation Association Of Southeast Asian Nations
Source: yahoo.com

Sanofi to focus on 12 blockbuster drug candidates, immunology pipeline

The 12 blockbuster drugs include nine medicines and vaccines with 2 billion to 5 billion euros ($2.15-$5.38 billion) in peak sales potential, and three "pipeline-in-a-product" assets with a potential of more than 5 billion euros in peak sales, Sanofi said. The France-based drugmaker said it expects its recently launched and future pharmaceutical assets to generate more than 10 billion euros ($10.76 billion) of annual sales by 2030. "We are in a privileged position today with man...
Anirudh Saligrama Christopher Cushing Edmund Klamann Paul Hudson Chief Executive Paul Hudson Shivani Tanna
Source: yahoo.com

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