Topic: Taiwan

Senate rejects bid to force F-16 sale to Taiwan

WASHINGTON (Reuters) - The U.S. Senate on Thursday rejected a bid to require President Barack Obama to sell 66 new F-16 fighter jets to Taiwan in addition to a $5.3 billion upgrade of its existing fleet he just approved.Senator John Cornyn, a ...

Asian markets soar on US debt deal

Asian stock markets surged on Monday after US President Barack Obama said lawmakers had reached a last-minute deal that would raise the country's debt ceiling and avoid a catastrophic default.Tokyo closed 1.34 percent, or 131.98 points, higher at 9,965.01 and Seoul gained ...

US House reaffirms commitment to Taiwan

Congress voted Tuesday to reaffirm the US commitment to ensuring Taiwan's security, despite protests from China which claims the island.The House of Representatives in a voice vote approved a resolution that pledged an " unwavering commitment" to the Taiwan Relations Act -- ...
- China approves stimulus plan worth nearly $600 billion through 2010, part of global push to offset expected recession . - G20 communique see need for comprehensive reform of the Bretton Woods institutions such as IMF, World Bank . - Crisis will ...