1. VOTE

    Taiwan President Reelected

    Taiwan President and ruling Kuomintang (KMT) presidential candidate Ma Ying-jeou (C) raises his arms high while greeting supporters after winning the presidential elections outside of the party's campaign headquarters in Taipei on January 14, 2012. Taiwan's China-friendly leader Ma Ying-jeou claimed victory in presidential polls, in a win that gives him a second four-year term after a vote watched intently by Beijing and Washington.       AFP PHOTO / TOSHIFUMI KITAMURA (Photo credit should read TOSHIFUMI KITAMURA/AFP/Getty Images)

    Toshifumi Kitamura, AFP / Getty Images

    Now this is great voter turnout. Taiwanese polls closed Saturday, as an estimated 80 percent of the 18 million eligible voters turned out to choose the next president. Incumbent President Ma Ying-jeou's Kuomintang party has declared victory over the Democratic Progressive Party's Tsai Ing-wen and James Soong with a comfortable margin of 51.9 percent to 45.3 percent, though not all votes have been counted yet. On the eve of the election, Ma and Tsai were deadlocked. The win for the pro-China Kuomintang gives the incumbent a renewed mandate for closer ties with the mainland, as tensions across the Taiwan Strait have eased over the last few years.

    Read it at Bloomberg