International Business News - TWN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Concrete pilings designed to prevent an invasion no longer dot this tiny Taiwanese islet's shoreline. A formidable marine garrison also has vanished, replaced by laid-back coast guardsmen and marine biologists. http://www.ibtimes.com/data/articleimgs/96951-taiwan-isolated-islet.jpg http://www.ibtimes.com/articles/20080724/taiwan-demilitarizes-picturesque-offshore-islet.htm http://www.ibtimes.com/articles/20080724/taiwan-demilitarizes-picturesque-offshore-islet.htm Thu, 24 Jul 2008 06:34:29 EDT Some Taiwanese lawmakers have called for boycotting the Beijing Olympics unless a dispute over the island's name is resolved. Several lawmakers of the ruling Nationalist Party say Thursday that China must not attempt to change the name under which the island will compete in next month's Olympics to suggest that Taiwan is part of China. http://www.ibtimes.com/data/articleimgs/96883-china-olympics.jpg http://www.ibtimes.com/articles/20080724/taiwan-opposes-olympics-name-change.htm http://www.ibtimes.com/articles/20080724/taiwan-opposes-olympics-name-change.htm Thu, 24 Jul 2008 04:10:46 EDT Defense contractor Raytheon Co. reports second-quarter earnings on Thursday before the opening bell. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080723/missiles-overseas-work-may-buoy-raytheon-2q.htm Wed, 23 Jul 2008 20:16:35 EDT Taiwan's main stock index climbed 3.46 percent Wednesday on Wall Street's Tuesday rally. The Weighted Price Index of the Taiwan Stock Exchange rose 244.18 points, or 3.46 percent, to 7,309.83 points. http://www.ibtimes.com/articles/20080723/taiwans-main-stock-index-rises-3-5-pct.htm Wed, 23 Jul 2008 08:03:17 EDT President Bush is committed to an $11 billion arms package for Taiwan, former Deputy Secretary of Defense Paul Wolfowitz said Wednesday, amid reports that the U.S. is freezing such sales to the island to avoid angering China. http://www.ibtimes.com/articles/20080723/wolfowitz-says-us-will-ok-taiwan-arms-deal.htm Wed, 23 Jul 2008 10:36:18 EDT Maryland is making a new agreement to keep cargo containers from a leading shipping company coming to the Port of Baltimore. Gov. Martin O'Malley is set to make a formal announcement on Wednesday at the port with officials from Taiwan-based Evergreen Marine Corp. http://www.ibtimes.com/articles/20080722/md-governor-to-announce-port-of-baltimore-deal.htm Tue, 22 Jul 2008 16:40:35 EDT Amid deep financial troubles, Photronics Inc. said CEO Michael Luttati has resigned as the company tries to reduce expenses and return to profitability. http://www.ibtimes.com/articles/20080722/photronics-ceo-luttati-resigns.htm Tue, 22 Jul 2008 09:26:02 EDT The two men nominated to replace the ousted Air Force leadership said Tuesday they'll work to restore trust and confidence in the beleaguered service, under fire for poor handling of its nuclear duties and other missteps. http://www.ibtimes.com/data/articleimgs/95442-air-force-shake-up.jpg http://www.ibtimes.com/articles/20080722/air-force-must-regain-publics-trust-nominees-say.htm http://www.ibtimes.com/articles/20080722/air-force-must-regain-publics-trust-nominees-say.htm Tue, 22 Jul 2008 15:42:57 EDT Rising food and energy prices and volatility in financial markets are likely to ease this year's growth across emerging East Asia to 7.6 percent from 9 percent last year, the Asian Development Bank said Tuesday. http://www.ibtimes.com/articles/20080722/east-asian-growth-to-ease-to-7-6-percent.htm Tue, 22 Jul 2008 01:31:19 EDT Taiwan's main stock index climbed nearly 4 percent Monday, boosted by last week's strong performance on Wall Street and gains on regional bourses. The Weighted Price Index of the Taiwan Stock Exchange rose 270.35 points, or 3.97 percent, to 7,085.67 points. http://www.ibtimes.com/articles/20080721/taiwan-stock-index-up-almost-4-percent.htm Mon, 21 Jul 2008 09:28:26 EDT Asian stock markets rose Monday as sentiment improved thanks to lower crude oil prices and stronger-than-expected earnings from U.S. banks. In Hong Kong, the blue-chip Hang Seng Index climbed 714.18 points, or nearly 3.3 percent, to 22,591.79. Markets in South Korea, Taiwan and Australia also were up around 3 percent or more. http://www.ibtimes.com/articles/20080721/asian-markets-gain-after-oil-prices-sink.htm Mon, 21 Jul 2008 01:54:09 EDT Taiwan's former president testified Monday that he was blameless in a libel case brought against him, but first had to pass angry opponents shouting at him outside the courthouse and a man who reportedly kicked him in the rear end. http://www.ibtimes.com/data/articleimgs/94680-taiwan-former-president.jpg http://www.ibtimes.com/articles/20080721/taiwans-former-president-testifies.htm http://www.ibtimes.com/articles/20080721/taiwans-former-president-testifies.htm Mon, 21 Jul 2008 02:59:27 EDT The four dozen men in loincloths stopped repeatedly to toss the new boat into the air as they carried it through their village to shore. Then they launched it ceremoniously into the Pacific Ocean. It was the first launch of a Tao fishing boat in seven years. http://www.ibtimes.com/data/articleimgs/94611-taiwan-tao-boats.jpg http://www.ibtimes.com/articles/20080720/taiwan-tribe-struggles-to-keep-traditional-culture.htm http://www.ibtimes.com/articles/20080720/taiwan-tribe-struggles-to-keep-traditional-culture.htm Sun, 20 Jul 2008 22:20:44 EDT Taiwanese officials say the death toll from flash floods triggered by Tropical Storm Kalmaegi has climbed to 19. The disaster relief center says six other people remain missing. http://www.ibtimes.com/data/articleimgs/94300-taiwan-tropical-storm.jpg http://www.ibtimes.com/articles/20080720/taiwan-storm-death-toll-rises-to-19.htm http://www.ibtimes.com/articles/20080720/taiwan-storm-death-toll-rises-to-19.htm Sun, 20 Jul 2008 05:08:07 EDT Tropical storm Kalmaegi churned along the Chinese coast Saturday, after leaving 13 dead in heavily populated Taiwan and its president scrambling to explain the island's apparent lack of preparedness in the face of the devastation. http://www.ibtimes.com/data/articleimgs/93983-taiwan-tropical-storm.jpg http://www.ibtimes.com/articles/20080719/tropical-storm-floods-southern-taiwan.htm http://www.ibtimes.com/articles/20080719/tropical-storm-floods-southern-taiwan.htm Sat, 19 Jul 2008 04:49:49 EDT Asian stock markets were mixed Friday as investors weighed lower crude oil prices against worse-than-expected earnings results from some American blue-chip companies. http://www.ibtimes.com/articles/20080718/asia-stocks-mixed-after-us-tech-earnings.htm Fri, 18 Jul 2008 14:28:50 EDT Taiwan's giant electronics manufacturer Hon Hai Precision Industry Co. appears to have a big advantage in the China market--its principals all speak Chinese and have an intuitive sense for the country's often bewildering business culture. http://www.ibtimes.com/articles/20080718/taiwans-hon-hai-fights-for-china-rights.htm Fri, 18 Jul 2008 07:21:17 EDT Tropical storm Kalmaegi lashed southern Taiwan with torrential rains Friday, triggering flash floods and landslides. Rampaging waters killed at least seven people and washed six others away. http://www.ibtimes.com/data/articleimgs/93491-taiwan-tropical-storm.jpg http://www.ibtimes.com/articles/20080718/tropical-storm-floods-southern-taiwan.htm http://www.ibtimes.com/articles/20080718/tropical-storm-floods-southern-taiwan.htm Fri, 18 Jul 2008 06:46:26 EDT The government warned foreign performers and entertainers against harming China's sovereignty or ethnic unity, a sign of increasing nervousness over live performances weeks before the Olympic Games. http://www.ibtimes.com/articles/20080717/china-urges-restrictions-on-performers.htm Thu, 17 Jul 2008 22:42:07 EDT Cavium Network Inc.'s second-quarter profit met analyst expectations amid dramatically higher sales that helped the chip maker bounce back from a loss in the same period last year. http://www.ibtimes.com/articles/20080716/cavium-networks-swings-to-profit-in-2nd-quarter.htm Wed, 16 Jul 2008 19:21:06 EDT