Quarantine over – when are direct flights to Taiwan back?

Published

3 years ago

September 22, 2022

Taiwan is putting an end to its quarantine by October 15

The Asian island nation joins its neighbours, following suit by removing almost all travel restrictions

The head of the country’s Central Epidemic Command Center today announced hotel quarantine will be gone in a matter of weeks

Taiwan will move to a “0+7″ system.

This means visitors will need to self-monitor using daily rapid tests for the first week of their arrival.

Taiwan has required three days of hotel quarantine since the country began a staged reopening on September 12.

Meanwhile, returning to visa-free entry for visitors from Australia, New Zealand, the US and Canada, the EU “and diplomatic allies” will be accepted again too.

Wang, CECC head, has previously noted most countries around the world have opened their borders to promote “economic and social activities and international exchanges.”

Taiwan’s China Airlines, EVA AIR and Starlux are reported to be eager to ramp up international flights.

Although, according to executive traveller, it now looks less likely that Qantas will make good on the prospect of direct flights to Taipei.

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Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
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The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

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Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.

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Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

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3 weeks ago

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Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

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