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Business Matters: Taiwan prepares for presidential election

Taiwan prepares for presidential election

13/01/2024 GMT

BBC World Service - Business Matters, Taiwan prepares for presidential election

The self-ruled island of Taiwan is getting ready to choose a new president and parliament

The self-ruled island of Taiwan is getting ready to choose a new president and parliament in a closely watched election.

Devina Gupta is joined by Peter Ryan, ABC's senior business correspondent in Sydney, and Alison Van Diggelen, host of the Fresh Dialogues podcast, based in San Francisco, to talk about the top business stories from around the globe.

People in Taiwan are preparing to vote for a new president and legislature on Saturday. The BBC’s Cindy Sui, looks at how the country’s relationship with Beijing may have dominated election campaigns; it's the economy and jobs that concern the electorate the most.

The American bank, Citigroup, says it will cut twenty-thousand jobs over the next two years. The announcement comes as the company announced its worst quarterly results for more than a decade, reporting a loss of $1.8bn. 

And BBC reporter Douglas Shaw meets the Italian tech entrepreneur who’s started an advertising company that creates sonic branding to help businesses stand out with distinctive sounds.
(Picture credit: Sawayasu Tsuji/Getty Images.)

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