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Taiwan News Morning Briefing – January 29

Several European authors are scheduled to attend the 2015 Taipei International Book Exhibition in February to meet local readers, organizers announced...
Taiwanese spend an average NT$5,280 (US$169) per person per month to dine out, which is the fifth highest amount in the Asia-Pacific region, according...

Several European authors are scheduled to attend the 2015 Taipei International Book Exhibition in February to meet local readers, organizers announced...

Taiwanese spend an average NT$5,280 (US$169) per person per month to dine out, which is the fifth highest amount in the Asia-Pacific region, according...

Market & Commodity ■ The Taiwan Stock Exchange’s (TWSE) main index opened 42.18 points lower to 9,468.74 on Thursday, with turnover reaching NT$1.49 billion. (Taiwan News) ■ U.S. stocks fell sharply for second straight day Wednesday. The Dow Jones industrial average dropped 195.84 points, or 1.1 percent, to close at 17,191.37.The Standard & Poor's 500 index lost 27.39 points, or 1.4 percent, to 2,002.16. The Nasdaq composite dropped 43.50 points, or 0.9 percent, to 4,637.99. (AP) World News ■ Jordan says it is willing to swap an Iraqi woman held on death row for a Jordanian pilot captured in December by extremists from the Islamic State group. The statement by government spokesman Mohammed al-Momani makes no mention of a Japanese journalist who is also being held by Islamic State. Efforts to release the Jordanian pilot and the journalist gained urgency with the release late Tuesday of an apparent ultimatum from Islamic State to kill both hostages within 24 hours if the Iraqi woman is not freed. (AP) ■ As the Federal Reserve ends its latest policy meeting Wednesday, it is widely expected to repeat the pledge it made in December: That it will be "patient" in raising interest rates from record lows. That pledge could endure well into 2015. (AP) ■ Civil aviation authorities will release a required report on the disappearance of Malaysia Airlines Flight 370 a day before the one-year anniversary, but it won't have any conclusion on what happened because the search is ongoing. The report to be released March 7 is to focus on the search for the plane, which is believed to have crashed in the remote southern Indian Ocean. (AP) ■ Investigators have found that 15 Communist Party officials in Tibet joined underground Tibetan independence organizations, provided intelligence to the Dalai Lama and his supporters or participated in activities deemed harmful to China's security, a party agency says. (AP) Local News ■ An attorney representing President Ma Ying-jeou will file a defamation suit against a talk show commentator and an opposition lawmaker Thursday, according to media reports. For several weeks, talk show celebrities have accused the president of accepting off-the-books payments from business groups such as Ting Hsin International, the company at the center of several major food safety scandals. (Taiwan News) ■ KMT legislator Hsu Hsin-ying, a member of the party Central Standing Committee, has suddenly announced that she plans to quit the party. Her announcement has given rise to a flurry of speculation over where her departure might take her and whether others may follow her lead. (Taiwan News) ■ Taipei City Mayor Ko Wen-je said Wednesday he would announce his choice for third vice mayor next week at the latest. (Taiwan News) ■ The Democratic Progressive Party said Wednesday ties with China should be based on “three benefits and three insistencies” rather than on the “1992 Consensus” mentioned again by Beijing Wednesday. (Taiwan News) ■ Democratic Progressive Party Chairwoman Tsai Ing-wen apologized to her predecessor Su Tseng-chang Wednesday for not informing him beforehand that the party planned to select its presidential candidate by mid-April. (Taiwan News) ■ The Ministry of National Defense (MND) has announced a number of transfers and promotions among its top officers following the resignation of former Minister of National Defense Yen Ming and his replacement by Admiral Kao Kuang-chi. Yen will take a position as a national policy adviser, while former Commander of the Army Yen Teh-fa is the new Chief of Staff and has been promoted to General 1st. (Taiwan News) ■ The Cross-Strait Economic Cooperation Committee will hold its seventh regular meeting in Taipei Thursday to review the implementation of a landmark trade agreement between Taiwan and China, the Straits Exchange Foundation (SEF) said Wednesday. The committee will discuss the follow-up to the pact - the Economic Cooperation Framework Agreement (ECFA) -- that was signed in 2010. (CNA) ■ The average price of the benchmark DRAM DDR3 4Gb dynamic random access memory chip has fallen almost 4 percent on the spot market so far this year because of slow season effects in the first quarter, DRAMeXchange said Wednesday. (CNA)


Updated : 2021-09-19 11:24 GMT+08:00