US Lawmakers Reach $78 Billion Deal on Tax Breaks, but Passage Uncertain

[ad_1] By Susan Heavey and David Lawder WASHINGTON (Reuters) -The leaders of Congress tax-writing committees on Tuesday announced a nearly $80 billion bipartisan deal to enhance tax breaks for businesses…

House, Senate tax chiefs announce deal on business deductions, low-income credits

[ad_1] Top tax writers in Congress announced a deal Tuesday morning to beef up the child tax credit (CTC) and reinstate business deductions that were taken away to pay for…

Markets weather Beijing’s displeasure on Taiwan

[ad_1] A look at the day ahead in European and global markets from Wayne Cole So far there’s been limited reaction to the victory over the weekend of the ruling…

Peace and Prosperity in the Taiwan Strait Still Have a Chance

[ad_1] Taiwan has voted: bringing the independence-leaning Democratic Progressive Party an unprecedented consecutive third term in the presidency. Now the world is waiting on Beijing, which claims Taiwan but doesn’t…

Taiwan Loses Another Diplomatic Partner in Wake of Presidential Vote

[ad_1] Updated Jan. 15, 2024 3:07 am ET TAIPEI—Taiwan lost diplomatic recognition from the Pacific island nation of Nauru as Beijing intensified its efforts to isolate Taipei just days after…

Nauru cuts diplomatic ties with Taiwan in favour of China

[ad_1] Just days after Taiwan’s presidential election, the country has lost one of its few allies. [ad_2] Source link

Taiwan Election Piles Pressure on Delicate U.S.-China Ties

[ad_1] Updated Jan. 15, 2024 12:03 am ET Taiwan’s election of the presidential candidate China most distrusts puts at risk a fragile detente between Washington and Beijing, threatening another flare-up…

Hong Kong stocks extend slide as China dents rate-cut hopes, Taiwan firms slip

[ad_1] Hong Kong stocks dropped, adding to two weeks of losses, after China’s central bank kept a key policy lending rate unchanged for a fifth straight month, killing bets among…

Taiwan election: China says US ‘gravely wrong’ to congratulate new leader

[ad_1] Beijing accuses the US of violating its commitment to maintain only unofficial ties with Taiwan. [ad_2] Source link

William Lai: Taiwan just chose a president China loathes. What now?

[ad_1] How William Lai manages Beijing, and how Beijing reacts to him, will determine his presidency. [ad_2] Source link