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20.09.2024 13:05
Taiwan's submarine plan is too late, too expensive and ineffective - Nikkei Asia Jared McKinney is an assistant professor at Air War College. Reiss Oltman is an Air University Fellow in the Department of Joint Warfighting, Air Command and Staff College. Taiwan is currently debating whether to proceed with plans to dedicate $8.9 billion to building seven submarines from 2025 to 2038. The indigenous defense submarine (IDS) program represents a way to stimulate Taiwan's defense industry and is intended to equip Taiwan with the ability to challenge a Chinese blockade and complicate an attempted invasion. While these are admirable goals, the price tag is high, the timeline for acquisition is prolonged and the likelihood that the subs could compete effectively in the 2030s is uncertain.

20.09.2024 13:27
Taiwan's top court limits use of death penalty in landmark ruling - Nikkei Asia TAIPEI -- Taiwan's top court on Friday ruled to heavily restrict the death penalty but did not ban it, in a closely watched decision made amid pressure from the conservative opposition against changes.The court found that mandatory death sentences are unconstitutional, and that use of the penalty should be limited to murder cases.

20.09.2024 13:33
20.09.2024 13:54
China and Japan reach deal on Fukushima nuclear plant's water - Nikkei Asia TOKYO -- China and Japan have reached an agreement in a yearlong dispute over treated wastewater released from the latter's Fukushima Daiichi nuclear power plant.The deal, which involves international monitoring and was first reported on Friday, opens a pathway for lifting a blanket ban on Japanese seafood that Beijing imposed last year. The ban came in response to the discharge of the water from the plant, which suffered meltdowns after the 2011 earthquake and tsunami.

20.09.2024 13:59
Japanese in China seek safety reinforcements as Beijing downplays attack - Nikkei Asia SHANGHAI/HONG KONG -- The killing of a 10-year-old Japanese boy in the southeastern Chinese city of Shenzhen this week has sent Japanese communities in the country scrambling for additional security.On Friday morning, an emergency meeting was convened in Shanghai between the Consulate-General of Japan in Shanghai, the Shanghai Japanese Commerce and Industry Club and Japanese schools in the city. "There is a considerable amount of anxiety spreading among Japanese people," Masaru Okada, the consul general, told reporters after the gathering. He said the Japanese government will provide financial and human resources to bolster safety measures.

20.09.2024 14:02
Vinamilk strikes deal with FPT as Vietnam adopts global financial rules - Nikkei Asia HO CHI MINH CITY -- Vinamilk and FPT struck a deal to automate the dairy giant's finances as foreign pressure piles on Vietnam, one of the last countries to adopt global accounting rules.FPT is supplying financial software through its cloud arm, marking further expansion of the communist country's biggest technology firm, whose business ranges from artificial intelligence to internet service.