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Stock impact report

Airlines cancel, reroute flights during Chinese military drills near Taiwan [CNBC]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: CNBC
House of Representatives Speaker Nancy Pelosi's visit to Taiwan. China deployed scores of planes and fired live missiles near Taiwan on Thursday in its biggest-ever drills in the Taiwan Strait, set to run until noon local time (0400 GMT) on Sunday in six zones encircling much of the island. The airspace involved is comparatively small, but the disruption from the largest military exercises by China in the area since it fired missiles off the coast in 1996 is hampering travel between Southeast Asia and Northeast Asia. Temporary airspace closures and route changes during major military exercises occur regularly around the world. This situation is unusual in that China's exercises bisect Taiwan's claimed 12 nautical miles (22 kilometers) of territorial waters — something Taiwanese officials say challenges the international order and amount to a blockade of its sea and airspace. Korean Air Lines and Singapore Airlines said they had canceled flights to and from Taipei on Friday d Show less Read more
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