Ralph's Feed
Nov 27, 2010

Taiwan pro-China party holds edge in mayoral races

TAIPEI, Nov 27 (Reuters) – Taiwan’s China-friendly ruling
party held onto most of the island’s mayoral posts up for
grabs in tense elections on Saturday seen as a test of the
party’s popularity ahead of the 2012 presidential race.

Wins in three of five mayoral seats gave the Nationalist
Party, or KMT, a clear shot at retaining the presidency, which
will calm Beijing as it has worked closely with the party on
landmark trade deals after decades of political hostilities.

Nov 24, 2010

China turns up heat on Taiwan to talk politics

TAIPEI (Reuters) – Chinese officials are mounting pressure on Taiwan President Ma Ying-jeou to move toward political agreements as he shrugs them off despite a recent easing of tension after decades of hostility, analysts say.

Beijing’s growing impatience, though seldom expressed openly, could set back trade, transit and economic cooperation deals for which Taiwan has looked to Beijing since 2008 for help in advancing its $416 billion economy.

Nov 19, 2010

Travel Postcard: 48 hours in Taipei

By Ralph Jennings

TAIPEI (Reuters Life!) – Taipei, once a litter-strewn, concrete shantytown, has become a crowded but convenient mix of museums, monuments and high-end eateries from the world’s second tallest building to the scenic slopes of an urban mountain range.

Reuters correspondents with local knowledge help visitors get the most from a short stay:

Nov 18, 2010

Taiwan president protests ejected Asian Games athlete

TAIPEI (Reuters) – Taiwan President Ma Ying-jeou stepped into the emotional fracas of a disqualified Asian Games athlete on Thursday, demanding that the event organisers re-examine her case and offer a better explanation.

As Taiwan’s public has put their hopes on Taiwan taekwondo competitor Yang Shu-chun, the government is asking event authorities in China to dig deeper into her disqualification on Wednesday over unauthorised footgear.

Nov 18, 2010

Taiwan speeds up green laws to compete in Asia

TAIPEI, Nov 18 (Reuters) – A wave of environmental
protests in Taiwan, sometimes pitting demonstrators against
police, has pushed the government to speed up new green rules
to protect the environment without harming economic growth.

Economists say the stricter rules will ultimately raise
the competitiveness of the $416-billion economy against
greener Asian rivals and boost its corporate image among
eco-conscious Western consumers.

Nov 18, 2010

Taiwan cbank: Exporters quoting prices of T$30

TAIPEI, Nov 18 (Reuters) – Taiwan’s exporters are selling the
Taiwan dollar at quoted prices stronger than T$30 and will suffer
if the local currency rises further, the central bank said in
remarks to legislators on Thursday.

Analysts expect the Taiwan dollar TWD=TP to trade around
that level through the end of the year due to monetary easing in
the United States that some say has begun flooding emerging
markets with money.

Nov 10, 2010
via Fan Fare

Taiwan prays for redemption from “Life of Pi” movie

Photo

About the only thing Taiwanese in Yann Martel’s cultish epic novel “Life of Pi” is the captain of the ship that sinks, yet celebrated director Ang Lee has chosen Taiwan as the place to make a 3D film version of the award-winning book.

Much like the novel’s hero, a boy named Pi, Taiwan has something of a second chance  at making itself shine after years of diplomatic isolation that has kept its global economic competitiveness clinging to a life vest. It gets that chance when audiences see the movie, now scheduled for release in 2012. But Taiwan has a long way to go as China has stolen its spotlight with a rapid economic ascent since the 1990s. For long-standing political reasons, Beijing actively squelches its offshore neighbor’s international profile.

Nov 1, 2010

Key political risks to watch in Taiwan

TAIPEI, Nov 1 (Reuters) – The threat of military conflict
between Taipei and Beijing has faded, raising the appeal of
Taiwan for foreign investors, but sudden policy shifts and new
upsets over China could cool the investment climate.

Following is a summary of key risks to watch in Taiwan:

INTEREST RATE POLICY AND CAPITAL CONTROLS

Taiwan’s central bank raised interest rates in September
for the second time since February 2009 [ID:nTOE68T09L] and is
expected to hike them 12.5 to 25 basis points each quarter
through the end of 2011.

Oct 1, 2010

Key political risks to watch in Taiwan

TAIPEI, Oct 1 (Reuters) – The threat of military conflict
between Taipei and Beijing has faded, raising the appeal of
Taiwan for foreign investors, but sudden policy shifts and
fractious local politics could cool the investment climate.

Following is a summary of key Taiwan risks to watch:

* INTEREST RATE POLICY AND CAPITAL CONTROLS

Taiwan’s central bank raised interest rates in June for the
first time since the crisis, and again on September 30. It is
expected to hike them 12.5 to 25 basis points each quarter
through to end-2011 [ID:nSGE65N0D0]. However, some analysts say
a severe enough slowdown in the U.S. economy could pause those
hikes for a quarter or two.

Sep 5, 2010

Key political risks to watch in Taiwan

TAIPEI, Sept 5 (Reuters) – The threat of military conflict
between Taipei and Beijing has faded, raising the appeal of
Taiwan for foreign investors, but sudden policy shifts and
fractious local politics could cool the investment climate.

Following is a summary of key Taiwan risks to watch:

* INTEREST RATE POLICY AND CAPITAL CONTROLS

Taiwan’s central bank raised interest rates in June for the
first time since the crisis, and is expected to hike them 12.5
to 25 basis points each quarter through to end-2011
[ID:nSGE65N0D0]. However, some analysts say a severe enough
slowdown in the U.S. economy could pause those hikes for a
quarter or two.