Uber to acquire Foodpanda's Taiwan business for $950 million, creating a potential monopoly
Uber Technologies will acquire the Taiwan business of Delivery Hero-owned Foodpanda for $950 million in cash, as Foodpanda focuses on other markets.
Asian news from Taiwan
China calls for stable ties with South Korea despite 'difficulties'
BEIJING/SEOUL — China and South Korea should seek stable ties despite their recent "difficulties", Chinese Foreign Minister Wang Yi told his South Korean counterpart on Monday (May 13) at a rare meeting in Beijing held amid tensions over Taiwan and other regional issues.
China denies Philippine report of 'artificial island' in disputed waters
MANILA/BEIJING — The Philippines said on Monday (May 13) that it would keep a closer guard on reefs, shoals and islets in its exclusive economic zone in the South China Sea, as China denied accusations of trying to build an artificial island in the disputed waters.
U.S. and Taiwan navies reportedly held secret Pacific drills in April
The U.S. and Taiwan navies conducted joint drills in the Pacific in April that, officially, did not take place, four people briefed on the matter said, as the two militaries boost cooperation amid rising Chinese military threats.
US special forces to the frontline against China, Russia
US Special Operations Forces (SOF) are undergoing a transformation from an emphasis on fighting insurgencies to potential great power conflict with China and Russia.
Xi’s visit builds a crucial bridgehead into Europe
Chinese President Xi Jinping’s decision to visit France, Serbia and Hungary for his first European tour in five years was no random choice.
As China flexes muscle, German Navy sails to Asia to reassure allies
WILHELMSHAVEN, Germany -- A German frigate and combat supply ship set sail from Europe to Asia this week in a show of support for allies facing China's "aggressive behavior," with the defense minister not ruling out the prospect of the vessels passing through the Taiwan Strait.
Philippines sends ships to disputed atoll where China building 'artificial island'
MANILA - The Philippines said on Saturday (May 11) it has deployed ships to a disputed area in the South China Sea, where it accused China of building "an artificial island" in an escalating maritime row.