IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.48% USD/MXN18.65▲ 0.15% USD/CLP984.03▼ 0.02% USD/COP3,294▲ 0.61% USD/PEN3.41▲ 0.14% USD/ARS1,551▲ 0.34% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.77▲ 0.61% USD/CRC445.62▲ 1.58% USD/GTQ7.64▲ 3.18% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.30% EUR/BRL6.18▲ 0.13% BRENT 93.21 ▲ 1.88% WTI 87.32 ▲ 1.49% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.21% GOLD 4,049 ▲ 0.47% SILVER 52.78 ▲ 3.29% SOY 1,223 ▼ 0.14% CORN 446.50 ▼ 0.56% WHEAT 594.00 ▲ 0.21% COFFEE 263.50 ▼ 2.91% SUGAR 18.20 ▲ 0.61% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,964 ▲ 4.68% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 — 0.00% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 — 0.00% WEGE3 50.95 — 0.00% PRIO3 60.02 — 0.00% SUZB3 54.46 ▲ 0.48% RENT3 29.79 — 0.00% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 — 0.00% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 — 0.00% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 — 0.00% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.43% USD/MXN 18.65 ▲ 0.13% USD/CLP 984.56 ▲ 0.03% USD/COP 3,292 ▲ 0.55% USD/PEN 3.41 ▲ 0.14% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.77 ▲ 0.61% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.18 ▲ 0.13% BRENT 93.21 ▲ 1.88% WTI 87.32 ▲ 1.49% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.21% GOLD 4,049 ▲ 0.47% SILVER 52.78 ▲ 3.29% SOY 1,223 ▼ 0.14% CORN 446.50 ▼ 0.56% WHEAT 594.00 ▲ 0.21% COFFEE 263.50 ▼ 2.91% SUGAR 18.20 ▲ 0.61% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,964 ▲ 4.68% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 — 0.00% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 — 0.00% WEGE3 50.95 — 0.00% PRIO3 60.02 — 0.00% SUZB3 54.46 ▲ 0.48% RENT3 29.79 — 0.00% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 — 0.00% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 — 0.00% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 — 0.00% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
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Wednesday, November 11, 2026

Defense Monitor East Asia

Taiwan Unveils First Homegrown Submarine

By · · 2 min read

Taiwan recently displayed its first domestically-made submarine, boosting its defense arsenal.

President Tsai Ing-wen initiated this project back in 2016, aiming to build eight submarines.

Named “Hai Kun,” which means “mythical sea creature,” the vessel made its debut in Kaohsiung, a southern port city.

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Tsai celebrated the event, saying, “Today is historic. We’ve achieved a task once thought impossible: constructing a homegrown submarine.”

This initiative is part of Taiwan’s larger plan to raise its defense budget to $19 billion by 2024. Most of these funds will go toward buying military gear, largely from the U.S.

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China’s Ministry of Defense criticized Taiwan’s strategy. The spokesperson emphasized China’s territorial claim over Taiwan and its escalated military activities around the island.

Taiwan Unveils First Homegrown Submarine.
Taiwan Unveils First Homegrown Submarine.
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Cheng Wen-lon, head of CSBC Corp, led the submarine’s seven-year construction process. He stated, “This vessel will be a key asset in asymmetric warfare.”

Hai Kun is 80 meters long and weighs between 2,500 to 3,000 tons. The submarine features Lockheed Martin torpedoes and combat systems.

Taiwan will test the submarine extensively, aiming for full operation by 2025. Meanwhile,

Taiwan’s navy currently uses two older Swordfish-type submarines bought from the Netherlands in the 1980s.

Background Taiwan Submarine

The unveiling of Hai Kun marks a significant milestone in Taiwan’s defense capabilities.

This move showcases the island’s focus on self-reliance, particularly amid increasing regional tensions.

Moreover, it also highlights the importance of U.S.-Taiwan relations, given the American technology featured in the submarine.

The increased defense budget indicates Taiwan’s strategic shift toward fortifying its military resources.

This is crucial given China’s amplified activities in the region. Yet, China’s stern reaction to the submarine might indicate an even more complex geopolitical landscape in the near future.

For Taiwan, Hai Kun is more than just a vessel; it’s a statement of intent and sovereignty.

As defense budgets globally experience unprecedented increases, Taiwan’s investment in its military, and particularly in such strategic assets like submarines, will likely continue to draw international attention.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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