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Taiwan News Morning Briefing – February 11

Enthusiastic comic fans poured into the Taipei International Comics and Animation Festival on its opening day on Tuesday, eager to snatch limited edit...
Enthusiastic comic fans poured into the Taipei International Comics and Animation Festival on its opening day Tuesday, eager to snatch up limited edit...
Eleanor Catton, the author of The Luminaries, said Tuesday she is looking forward to the tasty food in Taiwan and to learning more about local authors...

Enthusiastic comic fans poured into the Taipei International Comics and Animation Festival on its opening day on Tuesday, eager to snatch limited edit...

Enthusiastic comic fans poured into the Taipei International Comics and Animation Festival on its opening day Tuesday, eager to snatch up limited edit...

Eleanor Catton, the author of The Luminaries, said Tuesday she is looking forward to the tasty food in Taiwan and to learning more about local authors...

Market & Commodity ■ The Taiwan Stock Exchange’s (TWSE) main index opened 51.80 points higher to 9,445.50 on Wednesday, with turnover reaching NT$4.37 billion. (Taiwan News) ■ A mix of positive earnings and corporate news boosted US stocks on Tuesday. Signs that Greece might be willing to broker a deal with its creditors also gave the market a lift. The Standard & Poor's 500 index rose 21.85 points, or 1.1 percent, to 2,068.59. The Dow Jones industrial average gained 139.55 points, or 0.8 percent, to 17,868.76. The Nasdaq composite rose 61.63 points, or 1.3 percent, to 4,787.64. (AP) World News ■ Ten infants and young children died in a single night in an overcrowded state-run hospital in northeastern Bangladesh, prompting authorities to investigate whether staff negligence was involved, officials say. (AP) ■ An upstart anti-corruption party wins a smashing victory in elections to install a state government in India's capital, dealing a huge blow to Prime Minister Narendra Modi's Hindu nationalist party. (AP) ■ Malaysia's top court upholds opposition leader Anwar Ibrahim's sodomy conviction and sentences him to five years in prison, a verdict he slams — while standing in the dock — as the "murder of judicial independence" and the result of a political conspiracy. (AP) ■ Apple will spend nearly $850 million on a solar energy project that will generate enough power for the computer giant's new corporate headquarters, retail stores and other operations in California. The tech company will be the biggest single consumer of energy from the new solar facility. It is being constructed on 2,900 acres in rural Monterey County, south of the San Francisco Bay Area where Apple is headquartered. (AP) Local News ■ Wang Yu-chi disclosed in a press conference Tuesday that he had tendered his resignation as chairman of the Mainland Affairs Committee (MAC) to President Ma Ying-jeou and Premier Mao Chih-kuo. Wang’s announcement comes after the Taipei District Prosecutors Office (TDPO) said that it is dropping its investigation of Chang Hsien-yao, former deputy chairman of MAC, on charges of violating national security. (Taiwan News) ■ The Kuomintang announced the new board of its main think tank Tuesday, largely relying on former Cabinet members and including a brother-in-law of Chairman Eric Liluan Chu. (Taiwan News) ■ Mayors Ko Wen-je of Taipei and William Lai of Tainan were lavish in their praise for each other at a book launch for Lai’s most recent publication. Ko limned Lai as someone whose hard work and diligence have won him the title of "Saint William," while Lai was effusive in his praise of Ko, saying he was went up against giant business consortia like David going out against Goliath armed with only a slingshot. (Taiwan News) ■ The Changhua District Court confirmed Ting Hsin International key executive Wei Ying-chung’s release on bail of NT$300 million (US$9.5 million) at its third hearing on the case Tuesday following a renewed appeal by prosecutors. (Taiwan News) ■ A total of 118 leaders and members of the Sunflower Movement which occupied the Legislative Yuan last spring were indicted Tuesday. The list included Lin Fei-fan, Chen Wei-ting and Huang Kuo-chang, two students and an academic who were the most visible leaders of the action, which was directed against an attempt by ruling Kuomintang lawmakers to pass a trade pact with China without the promised review. (Taiwan News) ■ The heads of the Kuomintang (KMT) and the Democratic Progressive Party (DPP) said Tuesday that vote-buying cannot be condoned and that bribery allegations in the Tainan council speaker election will be dealt with according to party discipline. The Tainan District Court early Tuesday granted prosecutors' request to hold Tainan Council Speaker Lee Chuan-chiao of the KMT incommunicado for alleged vote-buying in the Dec. 25 speakership election. (CNA) ■ With phase-two water rationing set to hit major consumers of water Feb. 26, a vice economics minister announced Tuesday that rolling water outages could hit different parts of the country by late May if rainfall does not pick up. (CNA)


Updated : 2021-09-22 14:48 GMT+08:00