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Robert Tsao, the former chairman of contract microchip maker UMC, speaks with his staff after a news conference where he announced his plans to fund civil defense education in Taipei

Taiwan Businessman Offers Funds To Train Civilian Marksmen

One of Taiwan's richest men, Robert Tsao, said on Thursday he would provide T$1 billion ($33 million) to two civilian defence training programmes, in a private effort to strengthen the island's defences amid heightened tension with China.
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The International Monetary Fund logo is seen at IMF headquarters in Washington

Zambia Wins IMF Board Approval For $1.3 Billion Loan Program

Zambia won International Monetary Fund approval for a $1.3 billion, 38-month loan program on Wednesday, a crucial step in the southern African country's quest to restructure its debts and rebuild an economy ravaged by mismanagement and COVID-19.

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