■ Manufacturing
Rolls Royce doing fine
The chief of British aircraft engine maker Rolls Royce PLC said yesterday that the company's earnings outlook would not be hurt by its recent suspension of production of engines for the Airbus A380. "We make deliveries to Airbus, Boeing, Bombardier, Gulfstream, Embraer, Cessna and a whole range of other companies. This represents a relatively small proportion of our turnover," chief executive John Rose told reporters during a visit to Malaysia. He said the firm's deliveries for the next two years are "completely unaffected by the orders in the shorter term."
■ Internet
Google offers Korean e-mail
Google Inc launched a Korean-language version of its free e-mail service yesterday in an effort to strengthen its presence in South Korea. The launch of Google's Korean-language Gmail service came a month after it announced a US$10 million investment in a planned research center in the country. Google started its Korean-language search site in 2000 and began offering its English-language Gmail service two years ago in South Korea, where many Internet users have preferred local free e-mail services. Local search engine Naver controls more than 60 percent of South Korea's search traffic.
■ Environment
`New Kyoto' wanted
After repeatedly blocking domestic carbon trading, Australia said yesterday it would now push for Asia-wide emissions trading to combat global warming as part of a planned "new-Kyoto" pact. The turn-around comes as an opinion poll showed most Australians believe Canberra should sign Kyoto. Environment Minister Ian Campbell told Australian Broadcasting Corp radio that Canberra wanted to forge a "New Kyoto" out of a six-nation alliance of the world's biggest polluters -- China, India, the US, Australia, South Korea and Japan. Australia, which has failed to ratify Kyoto Protocol, is already feeling the brunt of global warming with the worst drought in 100 years eating into economic growth.
■ Automobiles
Hyundai faces probe
South Korea's fair trade watchdog is investigating the Hyundai Motor group on suspicion of unfair trading, company officials said yesterday. "Hyundai Motor and some of its subsidiaries are being investigated by the Fair Trade Commission for suspected unfair trading inside the group," a group spokesman said. "The investigation started around Sept. 11 and is expected to last until Friday." The spokesman said Hyundai Motor and its affiliates including Hyundai Card, Hyundai Glovis and Hyundai Capital were the target of the investigation. Hyundai Glovis is the group's auto shipping unit and Hyundai Capital provides consumers with loans to buy cars.
■ Telecoms
Alfa Group eyes Vodafone
Russian conglomerate Alfa Group is seeking to buy 20 percent of British mobile phone giant Vodafone, valued at about £15 billion (US$28.6 billion), the Times said yesterday. Alfa's telecoms arm, Altimo, has targeted Vodafone with a view to either a joint venture or a merger as it seeks to grow outside Russia, the newspaper said. "We are in negotiations with Vodafone, and with other large Euro-pean telecoms companies," it quoted Kirill Babaev, a vice-president of Altimo, as saying. But a Vodafone spokesman denied the report.
The Taiwanese passport ranked 33rd in a global listing of passports by convenience this month, rising three places from last month’s ranking, but matching its position in January last year. The Henley Passport Index, an international ranking of passports by the number of designations its holder can travel to without a visa, showed that the Taiwan passport enables holders to travel to 139 countries and territories without a visa. Singapore’s passport was ranked the most powerful with visa-free access to 192 destinations out of 227, according to the index published on Tuesday by UK-based migration investment consultancy firm Henley and Partners. Japan’s and
NATIONAL SECURITY THREAT: An official said that Guan Guan’s comments had gone beyond the threshold of free speech, as she advocated for the destruction of the ROC China-born media influencer Guan Guan’s (關關) residency permit has been revoked for repeatedly posting pro-China content that threatens national security, the National Immigration Agency said yesterday. Guan Guan has said many controversial things in her videos posted to Douyin (抖音), including “the red flag will soon be painted all over Taiwan” and “Taiwan is an inseparable part of China,” while expressing hope for expedited “reunification.” The agency received multiple reports alleging that Guan Guan had advocated for armed reunification last year. After investigating, the agency last month issued a notice requiring her to appear and account for her actions. Guan Guan appeared as required,
Japan and the Philippines yesterday signed a defense pact that would allow the tax-free provision of ammunition, fuel, food and other necessities when their forces stage joint training to boost deterrence against China’s growing aggression in the region and to bolster their preparation for natural disasters. Japan has faced increasing political, trade and security tensions with China, which was angered by Japanese Prime Minister Sanae Takaichi’s remark that a Chinese attack on Taiwan would be a survival-threatening situation for Japan, triggering a military response. Japan and the Philippines have also had separate territorial conflicts with Beijing in the East and South China
A strong cold air mass is expected to arrive tonight, bringing a change in weather and a drop in temperature, the Central Weather Administration (CWA) said. The coldest time would be early on Thursday morning, with temperatures in some areas dipping as low as 8°C, it said. Daytime highs yesterday were 22°C to 24°C in northern and eastern Taiwan, and about 25°C to 28°C in the central and southern regions, it said. However, nighttime lows would dip to about 15°C to 16°C in central and northern Taiwan as well as the northeast, and 17°C to 19°C elsewhere, it said. Tropical Storm Nokaen, currently