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Tai-Ex opening
發布於 2024-10-22 10:33:13
The Tai-Ex opened down 114-points this morning from yesterday's close, at 23,428 on turnover of 8.5-billion N-T.
The market managed to close slightly higher on Monday - that, despite initial gains being limited as Taiwan Semiconductor Manufacturing fell into consolidation mode after rallying at the end of last week.
Market watchers say many investors opted to shift to the sell side, locking in profits built for T-S-M-C, as the main board moved closer to the nearest technical resistance ahead of the 23,700 point level.
General Budget Talks Break Down in LY Again
發布於 2024-10-22 10:33:13
Lawmakers remain deadlocked over the government's general budget for next year after another another round of cross-party caucus negotiations broke down with no agreements being made.
Legislative review of the 3.13-trillion N-T general budget proposal presented by the Cabinet has now been in limbo for weeks.
The main issue is the opposition caucuses' rejection of the Cabinet's compensation plan for the logging ban, on grounds that there were deficiencies in the proposal.
The Cabinet has budgeted 40,000 N-T per hectare for landowners or users affected by the ban.
However, that figure is below the 60,000 N-T required under the amendments to the Logging Ban Compensation for Lands Reserved for Indigenous Peoples Act.
Former Vice Premier Lin Hsin-i to Attend November's APEC Summit
發布於 2024-10-22 10:33:13
The Presidential Office says businessman and senior presidential advisor Lin Hsin-i will attend November's APEC summit in Peru as President Lai Ching-te's official envoy.
According to the Presidential Office, Lai asked Lin to attend the meeting in the hope he will use his "professional and abundant experience to fully expound the meaning of the government's policies" and "effectively increase Taiwan's visibility (能見度) and importance" in Lima.
The office also says the trip will be aimed at promoting cooperation on "green digital transformations, digital innovation, digital health, small and medium-sized enterprise growth, women's economic empowerment, inclusive growth, and food security."
Lin previously attended three APEC meetings in Brunei in 2000, in China in 2001, and in South Korea in 2005.
SKorea Summons Russian Ambassador Over NKorean Troops
發布於 2024-10-22 10:33:13
South Korea has summoned the Russian ambassador to demand the immediate pullout of North Korean troops allegedly deployed in Russia.
South Korea’s spy agency said last week it had confirmed that North Korea sent 1,500 special operation forces to Russia earlier this month to support Russia’s war against Ukraine.
During a meeting with Russia's ambassador, the south's vice foreign minister "condemned in the strongest terms” North Korea’s troop dispatch that he said poses “grave security threat” to South Korea and the international community.
The minister says South Korea in collaboration (合作) with the international community will mobilize all available means to deal with an act that threatens its vital national security interests.
The Russian Embassy quoted its ambassador as saying that the Russian-North Korean cooperation is not aimed against the security interests of South Korea.
US Infant Deaths Rise After Abortion Access Overturned
發布於 2024-10-22 10:33:13
New research shows that hundreds of more infants have died in the United States than expected since the Supreme Court overturned abortion access in the Dobbs decision of 2022. Since then, more than 20 states have implemented (實施) bans or restrictions on the medical procedure.
Toni Waterman has more.