Capital of Taiwan; a special municipality and political center in the Taipei Basin
PepsiCo has reported a mixed second quarter, with North American volumes flat or down and international markets driving overall growth. Revenue rose 6.4% to $24.18 billion, but North American beverage volumes fell 4% and per-share earnings narrowly missed expectations. The company has signaled a slower but steady recovery in North America as inflation pressures persist.
Brent crude has risen above $100 a barrel after attacks on shipping and renewed US–Iran strikes disrupted tanker routes. Traders are pricing tighter supply as US reserves fall to multi-decade lows and refiners report record crack spreads. Forecasters now see scenarios ranging from modest rises to spikes above $150 a barrel, with higher pump and inflationary pressure expected.
The weekend has seen a pause in Iran’s retaliatory strikes as talks with Oman progress on safe passage through the Strait of Hormuz. The US has held off further strikes, while Yemen’s Houthi actions have expanded and crude prices have eased from earlier spikes, though Brent remains above $90 a barrel.
The United States and its regional partners are pressing for freedom of navigation as ASEAN nations accelerate talks on a code of conduct. China asserts its claims over disputed waters while continuing coast guard and military activity near Huangyan Island and other flashpoints. Philippines vows to push back against Beijing’s moves, citing recent missile tests and maritime postures.
Taiwan’s Han Kuang exercises are extending to 10 days, testing 24-hour defense operations, urban resilience, and new US-inspired tactics. Civilians are mobilized, internet slowdowns simulate disruption, and reservists are being expanded to strengthen civil defense amid heightened tensions with China.
A Thought for the Day segment on BBC Radio 4 has fueled a clash over Christianity in China, after Catherine Pepinster’s remarks about religious freedom were challenged by broadcaster Ruth Roberts. The discussion touched on the history of Christianity, its global reach, and tensions with the Chinese state.
The US has imposed a 15% tariff and set minimum import prices on polysilicon and related products, effective in December, after a yearlong Commerce Department national security review. The order targets Chinese-dominated supply chains, offers incentives to expand domestic production and is prompting pushback from Beijing.
Typhoon Dolphin has tracked west from the Pacific toward Okinawa and Kyushu with sustained winds near 144–162 km/h, forcing Naha Airport to close and cancelling flights. Evacuation centres are hosting hundreds; authorities are warning of heavy rain, storm surge and gusts that will threaten damaged homes and infrastructure as the storm heads toward China’s eastern coast.
Typhoon Dolphin has weakened inland but continues to cause extreme rainfall and floods across Zhejiang, Shanghai and Fujian. Authorities have evacuated hundreds of thousands, canceled thousands of flights, and closed major attractions as the storm moves westward.
Multiple storms have triggered heavy rainfall and evacuations across the Philippines and China. Landslides, flooding, and infrastructure disruptions have prompted emergency responses, with millions moved to safety and governments easing rules for disaster claims.
Taiwanese prosecutors have indicted nine people over the alleged illegal export of Nvidia GPUs to China, with several servers shipped via Indonesia, Japan, and Hong Kong. The case underscores ongoing US-China tech frictions and Taiwan’s tightening export rules to curb restricted technology reaching China.
Gao Zhen has been sentenced to three years in a Hebei prison for works authorities deem insulting to revolutionary figures. He has been in detention since August 2024 and plans to appeal. Amnesty International and the UN condemn the ruling as a crackdown on artistic freedom.
The Unibook, a Wildcat Lake laptop, has launched at $449 in the US through Chinese maker Chuwi. Its 8GB RAM and 256GB storage undercut rivals like the MacBook Air, but reviewers warn performance and build quality are uneven. Other brands respond with budget options, while Dell and Acer chase lower prices.
Pacific Islands Forum leaders are confronting a mounting climate crisis and rising geopolitical pressures as big powers seek influence in the region. Discussions underscore the need for a Pacific-driven agenda amid El Niño disruptions, fuel shocks, and funding gaps for adaptation.
Nvidia has invested in MediaTek’s AI chip ambitions, enabling NVLink Fusion connectivity and local AI computing. MediaTek’s shares have rallied as the partnership deepens MediaTek’s role in custom AI chips for data centers; the collaboration extends to PC and automotive platforms, signaling Nvidia’s continued influence in AI infrastructure.
Pacific Islands Forum opens in Palau as Beijing objects to Taiwan’s attendance. Pacific leaders press for autonomy in agenda; China warns of consequences. Taiwan’s foreign minister attends, sparking diplomatic friction.
Kuang’s Taipei Story follows Lily Chen, a Yale student in Taipei, as she pursues Mandarin learning, navigates culture, family secrets, and the ache of home. The novel blends humor with sharp observations on language, identity, and diaspora, while tracing the limits of linguistic belonging.
Memory-chip makers SK Hynix and Intel are exploring options to manufacture memory chips in the United States, including leasing space at Intel’s Ohio plant or forming a joint venture with cloud providers. Reuters notes potential government scrutiny; no decisions have been finalized.
Oil markets face renewed volatility as Iran-aligned attacks tighten supply routes. China has leveraged a large strategic reserve to weather disruption, while Saudi Arabia faces pipeline outages, prompting regional and global safeguards.
US ambassador to China David Perdue has said President Donald Trump asked Xi Jinping whether China would like to buy US weapons. The State Department has reiterated that US law prohibits arms sales to China and there is no plan to sell. The comments come as Washington has paused a roughly $14bn arms package to Taiwan.
Taiwan and trade discussions are extended as Xi Jinping’s visit to the United States is supported by an agreement between leaders. The extension reduces tensions ahead of planned summits in Shenzhen and Miami, with the pause allowing two more meetings between the presidents this year.
A flotilla of Chinese vessels has intensified operations around Taiwan and the Pratas Islands, drawing coastguard responses. Beijing asserts sovereignty over the Pratas and surrounding waters, while Taiwan and its allies reject Beijing’s claims and insist on freedom of navigation. The situation follows a pattern of rising Chinese maritime activity in the region.
Champi remains a powerful typhoon moving toward Taiwan’s northeast, with heavy rain and strong winds forecast. Authorities warn of prolonged impact as it nears China and Japan; flights are canceled and power is disrupted.