Page-4 of Taiwan

Taiwan rejects Chinese merger plan

September 29, 2014

Chinese President, Xi Jinping, had called for Taiwan’s merger with mainland China and formation of a ‘one country, two systems’ government. The Taiwanese Government’s Mainland Affairs Council has, however, rejected the plan. Taiwan was a part of China till the ..

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China hiked military budget by 12.2% for 2014

March 11, 2014

The People’s Republic of China announced to raise its military budget for 2014 by 12.2% to $132 billion. The hike in defense spending would seek to develop more high-tech weapons and to beef up coastal and air defenses. It would ..

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China and Taiwan hold first high-level meeting since 1949

February 16, 2014

The Representatives of Taiwan and China hold their first high-level meeting since they split 65 years ago, after a brutal China’s civil war.  The official talks held between Taiwan’s Mainland Affairs Minister Mr. Wang Yu-chi and China’s Vice Foreign Minister ..

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Survey by Trend Micro: Bitcoin malware, India among top targets

January 1, 2014

As per a survey conducted by the IT security firm Trend Micro, Bitcoin mining malware is infecting millions of computers globally and extending the threat of cyber security risks for users of the cyber currency. Thousands of computers, including in ..

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India among countries exempted from Iranian oil sanctions by the US

December 2, 2013

As stated by the U.S. Secretary of State John Kerry, India is once again among a small list of countries that qualifies for an exemption from unilateral sanctions imposed by the US on countries importing oil from Iran. Under Section ..

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No proposal to increase FDI ceiling in banks

August 24, 2013

The government has clarified that there is no proposal to raise foreign investment limit in the banking sector. What is the current status of foreign investment in banking sector? Currently, the aggregate foreign investment (FDI, FII and NRI) cannot be ..

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India, 8 other nations exempted from sanctions for Iranian oil import

June 6, 2013

The United States has exempted India and eight other nations from sanctions for importing oil from Iran, keeping in view that these countries have considerably cut their dependence on Iranian oil in the last six months. Who have qualified for ..

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Taiwan business magnate Samuel Yin starts Asia's Nobel-type prizes

February 2, 2013

Samuel Yin, head of Ruentex Group, of Taiwan tycoon is funding to establish Tang Prize Foundation with an initial endowment of $103 million. It has been named after the Tang Dynasty of 618-907 ADwhich is venerated by the Chinese for ..

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