■ Computers
Dual-core laptops quicker
Laptops equipped with Intel Corp's Centrino Duo Processors work significantly faster than laptops with traditional Centrino technology. That was the conclusion of a recent test done on Centrino Duo models by Munich-based computer magazine PC-Welt. Dual-core processors offer 30 percent higher performance on average than laptops with one processor core and comparable features. The speed advantages are even greater when using programs tailored for dual-core processors.
■ Economy
S Korea reports Q1 surplus
South Korea posted a budget surplus of 7 trillion won (US$7.4 billion) in the first quarter, as faster economic growth helped the government to collect more taxes. The consolidated government balance, the difference between spending and revenue in general accounts, special accounts and public funds, gave a preliminary surplus of 7 trillion won, compared with a 5.5 trillion won deficit in the same period last year, the Finance Ministry said in a statement. South Korea's economy expanded a faster-than-expected 1.3 percent in the first quarter as exports climbed to a record and consumer spending increased. From a year earlier, the economy expanded 6.2 percent, the fastest in three years.
■ Energy
Toa Oil tank explodes
Firefighters battled flames and black smoke for more than two hours after an oil tank exploded near Tokyo yesterday, police said. No one was injured in the incident. A tank measuring about 10m across burst into flames at a seaside factory operated by Toa Oil Co, just west of Tokyo, at about 3pm, according to police spokesman Hitoshi Matsumura. The blaze was brought under control after about two hours, and fire officials were using a spraying agent to cool the tank, according to another police official who identified himself only as Shibata. The tank contained about 4,000 liters of an asphalt-related oil product. The force of the explosion blew the tank's lid off, Matsumura said. Toa Oil refines crude oil for Showa Shell Sekiyu KK, a major distributor to Royal Dutch Shell PLC, according to Toa's Web site. Calls to Toa Oil and Showa Shell headquarters went unanswered yesterday.
■ Mining
Manila won't revoke law
The Philippines government said yesterday that it will not repeal a law liberalizing the mining sector, rejecting appeals by environmentalists and influential Roman Catholic bishops. The statement came two days after a special presidential body headed by a bishop recommended the government revoke the license of Lafayette Philippines Inc, owned by Australia's Lafayette Mining Ltd, citing environmental damage from waste spills at its pits in the island of Rapu-Rapu. The recommendation had alarmed foreign mining firms, with officials warning it could set a precedent. But Ignacio Bunye, spokesman for President Gloria Arroyo, said the government wanted the country's natural resources "fully maximized" to help alleviate poverty. Economic Planning Secretary Romulo Neri said on Friday that the government expected mining to generate US$5 billion to US$7.0 billion in foreign exchange annually and 240,000 jobs over the next six years. It should also produce tax revenues of 17 billion to 23 billion pesos (US$325 million to US$440 million), he said.
NO-LIMITS PARTNERSHIP: ‘The bottom line’ is that if the US were to have a conflict with China or Russia it would likely open up a second front with the other, a US senator said Beijing and Moscow could cooperate in a conflict over Taiwan, the top US intelligence chief told the US Senate this week. “We see China and Russia, for the first time, exercising together in relation to Taiwan and recognizing that this is a place where China definitely wants Russia to be working with them, and we see no reason why they wouldn’t,” US Director of National Intelligence Avril Haines told a US Senate Committee on Armed Services hearing on Thursday. US Senator Mike Rounds asked Haines about such a potential scenario. He also asked US Defense Intelligence Agency Director Lieutenant General Jeffrey Kruse
INSPIRING: Taiwan has been a model in the Asia-Pacific region with its democratic transition, free and fair elections and open society, the vice president-elect said Taiwan can play a leadership role in the Asia-Pacific region, vice president-elect Hsiao Bi-khim (蕭美琴) told a forum in Taipei yesterday, highlighting the nation’s resilience in the face of geopolitical challenges. “Not only can Taiwan help, but Taiwan can lead ... not only can Taiwan play a leadership role, but Taiwan’s leadership is important to the world,” Hsiao told the annual forum hosted by the Center for Asia-Pacific Resilience and Innovation think tank. Hsiao thanked Taiwan’s international friends for their long-term support, citing the example of US President Joe Biden last month signing into law a bill to provide aid to Taiwan,
China’s intrusive and territorial claims in the Indo-Pacific region are “illegal, coercive, aggressive and deceptive,” new US Indo-Pacific Commander Admiral Samuel Paparo said on Friday, adding that he would continue working with allies and partners to keep the area free and open. Paparo made the remarks at a change-of-command ceremony at Joint Base Pearl Harbor-Hickam in Hawaii, where he took over the command from Admiral John Aquilino. “Our world faces a complex problem set in the troubling actions of the People’s Republic of China [PRC] and its rapid buildup of forces. We must be ready to answer the PRC’s increasingly intrusive and
STATE OF THE NATION: The legislature should invite the president to deliver an address every year, the TPP said, adding that Lai should also have to answer legislators’ questions The Chinese Nationalist Party (KMT) yesterday proposed inviting president-elect William Lai (賴清德) to make a historic first state of the nation address at the legislature following his inauguration on May 20. Lai is expected to face many domestic and international challenges, and should clarify his intended policies with the public’s representatives, KMT caucus secretary-general Hung Meng-kai (洪孟楷) said when making the proposal at a meeting of the legislature’s Procedure Committee. The committee voted to add the item to the agenda for Friday, along with another similar proposal put forward by the Taiwan People’s Party (TPP). The invitation is in line with Article 15-2