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Semiconductor issue | India in talks with Taiwan to bring chip manufacturing in South Asia ] Almost all of the world’s semiconductors – the foundation of every-day electronics – are made by one company, Taiwan Semiconductor Manufacturing Co. (TSMC). But as demand for chips increases exponentially with the relentless march of technology, the company’s dominance puts the world in a vulnerable position as Taiwan remains the focal point of tensions between the US and China, which claims Taiwan as its own territory. In recent weeks, India and Taiwan have been working on a deal to bring chip manufacturing to South Asia. (Image: News18 Creative) ...

Asia markets, yuan fight to stabilise as Evergrande looms large ] Representative Image Global stock markets grappled with contagion fears on Tuesday, sparked by troubles at China Evergrande as growing risks the property giant could default on its massive debt pile prompted investors to flee riskier assets. Asian markets were jittery in volumes thinned by public holidays in China, Taiwan and South Korea. The Hang Seng recovered from an early drop to trade near flat as financials and property firms bounced, while Japan’s Nikkei returned from a market holiday with a drop of almost 2%. ...

An alternative to the alternative ] by Uditha Devapriya Advocata Institute’s “A Framework for Economic Recovery” is both comprehensive and succinct. A response to the spiralling crisis in Sri Lanka, its publication has been well timed. Striking a realistic and pragmatic note, it foretells the worst for the country, unless certain urgent reforms are implemented. What it admits at the beginning is that the pandemic only highlighted the need for such reforms; the problems they seek to resolve have been in the offing since independence. If the present government is to address them, it should address two concerns: its fiscal and external current account deficits. ...

Fast & furious: Sensex jumps over 900 pts, Nifty above 17,800 mark. Here are the 5 factors that lifted momentum ] After a few days of consolidation, the markets regained momentum and reported a blockbuster rally, with the benchmark indices trading at fresh highs, with one-and-a-half-percent gains on September 23. The BSE Sensex has gradually been marching towards the much-awaited 60,000 mark, rising 958.03 points, or 1.63 percent, to 59,885.36, while the Nifty50 surged 276.30 points, or 1.57 percent, to 17,823 at close. ...

Taiwan says needs long-range weapons to deter China ] Taiwan’s President Tsai Ing-wen waves to the media aboard the PFG-1112 Ming Chuan, a Perry-class guided missile frigate, after a commissioning ceremony at Kaohsiung’s Zuoying naval base, Taiwan November 8, 2018. REUTERS/Tyrone Siu/File Photo TAIPEI, Sept 27 (Reuters) - Taiwan needs to have long-range, accurate weapons in order to properly deter a China that is rapidly developing its systems to attack the island, Defence Minister Chiu Kuo-cheng said on Monday. ...