Chip giant TSMC reports US$7.6 billion in Q2 profits as it faces a drop in its stock price amid comments by U.S. Republican presidential nominee Donald Trump that Taiwan should pay the U.S. for its protection. Taiwan’s premier and Foreign Ministry responded to Trump’s comments saying that Taiwan has always been a bipartisan issue in the U.S. A delegation of Taiwan lawmakers from all three major parties attend the Republican National Convention in Milwaukee. And, U.S. President Joe Biden tests positive for COVID, putting his reelection campaign on pause.
Plus,
-The mayor of a Philippine city has gone missing just as a warrant for her arrest was issued alleging she is a Chinese national who faked her Philippine citizenship.
-China's central and northern regions get battered with rain, forcing 2,000 residents to evacuate from the city of Baoji.
-Taiwan’s first Olympic canoer gears up for the 2024 Paris Summer Olympics.
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