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Taiwan News Morning Briefing – July 28

A leopard cat made her debut at Taipei Zoo Sunday, serving as a spokeswoman for conservation of the endangered species.

The leopard cat, named Chip...
 South Korean rock band CNBLUE rocked thousands of fans in Taiwan during their Saturday concert at the Taipei World Trade Center Nangang Exhibition Ha...

A leopard cat made her debut at Taipei Zoo Sunday, serving as a spokeswoman for conservation of the endangered species. The leopard cat, named Chip...

South Korean rock band CNBLUE rocked thousands of fans in Taiwan during their Saturday concert at the Taipei World Trade Center Nangang Exhibition Ha...

Market & Commodity ■ Taiwan stock market (TWSE) declined 21 points, or 0.22 percent, to 9,418.29 in Monday’s early trading session, with turnover reaching NT$3.30 billion. ■ The U.S. stock market ended lower Friday after Visa and Amazon posted disappointing results. The Dow Jones industrial average dropped 123 points, 0.7 percent, to close at 16,960. The Standard & Poor's 500 index fell nine points, or 0.5 percent, to end at 1,978. The tech-heavy Nasdaq composite dropped 22 points, or 0.5 percent, to 4,449. (AP) World News ■ President Barack Obama is telling Israeli Prime Minister Benjamin Netanyahu that the United States is growing more concerned about the rising number of civilian deaths in the Gaza war that is entering its third week. The White House says Obama and Netanyahu spoke Sunday about the ongoing violence in the region and the worsening humanitarian situation in Gaza. Obama also reiterated that Israel has a right to defend itself and condemned Hamas' rocket attacks. (AP) ■ Hamas has resumed rocket fire on Israel after rejecting Israel's offer to extend a humanitarian cease-fire, the latest setback in international efforts to negotiate an end to the Gaza war. Despite the Hamas rejection, Israel's Cabinet decides to extend a truce for 24 hours, until midnight (2100 GMT) Sunday. (AP) ■ Ukrainian officials say their forces advanced to the outskirts of a key town north of Donetsk as they try to retake the stronghold held for months by pro-Russia rebels. (AP) ■ South Korea's Defense Ministry says North Korea has fired a short-range ballistic missile into waters off its east coast. The launch is the latest in a slew of missile and rocket tests the North has been conducting in recent weeks. (AP) Local News ■ The deadly July 23 crash in Penghu might affect future applications by TransAsia Airways for new routes, the Civil Aeronautics Administration said Saturday. Lee Wan-lee, a CAA deputy director-general, said that any conclusions from the investigation into the crash might have repercussions for the airline. Its right to ply the Penghu route would not be taken away and other domestic routes that had already been handed out would remain in TransAsia’s hands, Lee said, but in the worst-case scenario, it might be barred from applying for new international routes for one year. (Taiwan News) ■ President Ma Ying-jeou on Saturday praised Taichung Mayor Jason Hu, saying he was better than Taipei City Mayor Hau Lung-bin. Hu is fighting an uphill battle to be re-elected mayor of the central Taiwanese city on November 29. (Taiwan News) ■ Legislative Yuan Speaker Wang Jin-pyng has called a meeting of all committee members of the Legislative Yuan tomorrow in advance of the opening of the Second Special Session of the legislative body. The meeting will address the agenda for the special session and tackle the task of ensuring that discussion and voting go as smoothly as possible. At the same time, the caucuses of the KMT and DPP will also meet to discuss their respective strategies during the special session. (Taiwan News) ■ Pan Shih-wei’s resignation as Labor Minister has been approved by Premier Jiang Yi-huah just as the Control Yuan released the latest edition of its publication on corruption in government. Some of the figures on Pan’s net worth immediately attracted close attention from observers. In addition to a property in Shanghai listed in 2007, Pan and his wife reported bank deposits worth NT$5.38 million, down slightly from the previous year's figure of NT$5.71 million. At the same time, however, they also reported holding securities worth NT$2.67 million, which when added to the bank deposits is an increase of NT$1.95 million from the previous year. (Taiwan News) ■ Science and Technology Minister Simon Chang flew to New York Saturday to embark on a tour aimed at reviving high-level science and technology exchanges with the United States that have not be held for several years. For three days starting Monday, Chang and more than 20 heavyweight Taiwanese scholars and experts will hold talks with leading U.S. research institutes in Washington D.C. The talks will focus on a proposal to establish a platform for exchanges between Taiwanese and U.S. research institutes. (CNA) ■ Taiwan's sound economic fundamentals are expected to continue to lend support to the local bourse, Finance Minster Chang Sheng-Ford said Saturday. Taiwan's export orders gained ground in June for the fifth consecutive month, rising 10.6 percent year-on-year to US$38.82 billion. Orders placed for electronic products and information and communications technology products were up 17.0 percent and 8.8 percent, respectively. (CNA) ■ Prices of Taiwan-made solar cells will stay low in the short term, due to the industry's traditionally slow season and weak demand in China and Japan, according to a local research firm. (CNA) ■ Taiwan's National Immigration Agency (NIA) said Sunday that it is working with other government agencies to deal with the case of exiled Chinese dissident Wang Dan, who is hoping to be allowed to enter Taiwan to receive medical treatment. (CNA)


Updated : 2021-08-01 10:34 GMT+08:00