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RIYADH: Mainland China's shares extended losses on Wednesday after falling sharply in the previous session, as cautious investors monitored developments around Sino-US tensions following House Speaker Nancy Pelosi’s visit to Taiwan. China condemned the highest-level US visit to Taiwan in 25 years as a threat to peace and stability in the Taiwan Strait, responding with a flurry ....
Taipei, July 13 (CNA) CPC Corp. Taiwan confirmed Wednesday that some of the retaining structures being used in the construction of its liquefied natural gas (LNG) import terminal in Taoyuan have corroded, and it said they will be properly repaired. ....
Chinese Television System (CTS) on April 20 ran news tickers during a morning news program that falsely said: “War on the brink of erupting” in the Taiwan Strait, creating panic. The next day, CTS broadcast another false news ticker that said: “Vessel explodes in Taipei Harbor; facilities and ships destroyed.” Since these blunders, CTS has, more than once, misidentified the president and the vice president. Senior managers and employees have resigned, many have been fined and the public has been left wondering how it is that CTS could make so many mistakes. Its level of credibility has taken a serious hit. Credibility is ....