Reuters Asia

Taiwan’s new president faces ‘tough’ time with China pressure, no parliament majority

By Yimou Lee, Sarah Wu and James Pomfret TAIPEI (Reuters) – Taiwan’s president-elect Lai Ching-te could face a tough four years in office with no parliamentary majority, an opposition which wanted to re-start a vexed service trade deal with China and the ever present threat of military action from Beijing. Lai, from the ruling Democratic …

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South Korea says it will impose fines on two global banks for short-selling violations

SEOUL (Reuters) – South Korea’s financial regulator on Sunday said it plans to impose penalties on two unnamed global investment banks it is investigating. The Financial Services Commission said it found two global investment banks were engaged in the practice of naked short-selling transactions, which involves selling shares without borrowing them first. The FSC did …

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Incoming Guatemala president meets with Taiwanese officials ahead of inauguration

GUATEMALA CITY (Reuters) – Guatemala’s President-elect Bernardo Arevalo met with Taiwan’s foreign minister to discuss strengthening commercial ties on Saturday, the Central American nation’s incoming government said in a statement. Arevalo and Vice President-elect Karin Herrera are due to take office on Sunday. Arevalo has said he aims to expand ties with China while maintaining …

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Taiwan’s voters rebuff China and give ruling party third presidential term

By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Taiwanese voters swept the ruling Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te into power on Saturday, strongly rejecting Chinese pressure to spurn him, as China said it would not give up on achieving “reunification”. Lai’s party, which champions Taiwan’s separate identity and rejects China’s territorial claims, …

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Pakistan’s Imran Khan’s party loses cricket bat electoral symbol

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s Supreme Court on Saturday rejected an attempt by former prime minister Imran Khan’s party to retain its traditional electoral symbol of a cricket bat, in the latest setback for the jailed leader ahead of a general election. Khan’s party, at odds with powerful army generals, has been grappling …

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India protests UK diplomat’s visit to Pakistan-controlled Kashmir

MUMBAI (Reuters) -India said on Saturday it had lodged a protest over a senior British diplomat’s visit to Pakistan-controlled Kashmir, saying the trip this week had infringed on India’s “sovereignty and territorial integrity”. Kashmir is claimed in full, but controlled only in part, by nuclear-armed India and Pakistan, which have fought two wars and engaged …

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India, US seek to bolster trade ties, work together on critical minerals

By Shivangi Acharya and Mayank Bhardwaj NEW DELHI (Reuters) – India and the United States have agreed to bolster trade ties and deepen cooperation in areas such as critical minerals, the United States Trade Representative Katherine Tai said on Saturday. India’s trade minister Piyush Goyal and Tai held their annual trade policy talks in New …

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