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Taiwan News Morning Briefing – February 13

 Hong Kong action superstar Jackie Chan said he will not speak on behalf of his son Jaycee Chan at a press conference Thursday, the day before the you...

Hong Kong action superstar Jackie Chan said he will not speak on behalf of his son Jaycee Chan at a press conference Thursday, the day before the you...

Market & Commodity ■ The Taiwan Stock Exchange’s (TWSE) main index opened 3.66 points higher to 9,499.97 on Friday, with turnover reaching NT$1.49 billion. (Taiwan News) ■ U.S. stocks climbed back close to record levels on Thursday as technology, materials and energy companies all notched big gains. Cisco Systems led the technology sector higher after reporting better-than-expected earnings. Energy stocks rose as the price of oil rebounded following two days of heavy losses. (AP) World News ■ Leaders of Russia, Ukraine, France and Germany on Thursday emerge from marathon 16-hour talks to announce a comprehensive peace deal for eastern Ukraine, but questions remained whether Ukraine and the pro-Russian rebels have agreed on all of its terms. (AP) ■ A Japanese freelance photographer says he was forced to give up his passport because he planned a reporting trip to Syria. The government has stepped up warnings to its citizens not to visit the country after two Japanese were killed there in a recent hostage crisis. (AP) ■ Chinese relatives of passengers on a missing Malaysia Airlines flight protest outside the carrier's office, urging Malaysia to rescind a declaration that all on board have perished. (AP) ■ Urging international patience, Sri Lanka's new government that won a surprise election victory last month calls for a postponement in the publication of a U.N. investigation into alleged war crimes committed during the island nation's civil war. (AP) Local News ■ Prosecutors raided factories in New Taipei and Taichung Thursday where they reportedly found duck’s and pig’s blood cakes made with chicken blood unfit for human consumption. The incident was the latest in a long string of adulterated food scandals to rock the country’s food sector. (Taiwan News) ■ The Central Election Commission (CEC) said Thursday that it saw no reason the 2016 elections for the Presidency and the Legislative Yuan could not take place at the same time. The commission acknowledged KMT chairman Eric Liluan Chu’s concern that holding the two elections at the same time would create a ‘window’ between the end of the sitting president’s term and the start of the newly-elected president’s period in office, while noting that the term " constitutional window period" is not a precise legal concept. (Taiwan News) ■ Former Chief Prosecutor Huang Shih-ming was handed a sentence of one year and three months in prison by the Taiwan High Court Thursday for violating laws related to communications security and surveillance. The sentence is commutable to a fine of NT$450,000 and is slightly more severe than the judgment rendered by a lower court. (Taiwan News) ■ Polling in the referendum to recall KMT legislator Alex Tsai takes place Saturday, February 14, but the Central Election Commission (CEC) has yet to make a clear announcement of the event. On Wednesday Lin Tsu-yi, one of the leaders of the Appendectomy Project, the organization driving the referendum, went to the offices of the CEC and declared, "My name is Lin Tsu-yi and I hereby announce that a referendum will be held.”(Taiwan News) ■ Former premier Frank Hsieh was noncommittal Wednesday when asked whether he is interested in contesting the seat in the Legislative Yuan for the Tsoying and Nantze districts of Kaohsiung. He would neither confirm nor deny that he might run, saying only that the current holder of the seat, KMT member Huang Chao-shun, has strong grassroots support in the area. “She’s not afraid of me,” he joked with reporters. (Taiwan News) ■ A 38-year-old woman surnamed Shih and a 36-year-old man Hsieh who are believed to have raked in more than NT$1 billion over the past two years through illegal activities were arrested by police in Taichung Tuesday following their return to Taiwan for the Lunar New Year holiday. The two are alleged to have defrauded Chinese living in China, Japan, the US and Canada through connections with a group they established under the name Heavenly Brother. (Taiwan News) ■ Still reeling from last week's deadly crash, TransAsia Airways announced Thursday it will cancel 44 domestic flights scheduled for Friday, as only 39 pilots are cleared for flight duties after 10 pilots failed emergency preparedness tests. (CNA) ■ After a quarterly review, MSCI Inc. has cut Taiwan's weighting in the MSCI Emerging Markets Index and the MSCI All Country Asia Index ex Japan to 12.43 percent and 15.15 percent, respectively, down from 12.44 percent and 15.17 percent, according to Yuanta Securities Investment Trust. (CNA)


Updated : 2021-09-22 14:55 GMT+08:00