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Taiwan News Morning Briefing – March 13

Brunei Darussalam are on the road to the 2018 World Cup in Russia after defeating Taiwan (playing under the name of Chinese Taipei) 1-0 on Thursday in...

Brunei Darussalam are on the road to the 2018 World Cup in Russia after defeating Taiwan (playing under the name of Chinese Taipei) 1-0 on Thursday in...

Market & Commodity ■ The Taiwan Stock Exchange’s (TWSE) main index opened 8.08 points higher to 9,604.08 on Friday, with turnover reaching NT$1.85 billion. (Taiwan News) ■ U.S. stock had their best day in five weeks on Thursday as the dollar fell against the euro. The Dow Jones industrial average gained 259.83 points, or 1.5 percent, to 17,895.22. The Standard & Poor's 500 index advanced 25.71 points, or 1.3 percent, to 2,065.95. The Nasdaq composite rose 43.35 points, or 0.9 percent, to 4,893.29. (AP) World News ■ Malaysia's transport minister vows to take stern action against an air traffic control supervisor if it is confirmed that he was asleep on the job when Malaysia Airlines Flight 370 disappeared a year ago. (AP) ■ South Korea unexpectedly lowers its benchmark interest rate to a record low of 1.75 percent, joining central banks from Europe to India in efforts to revitalize sluggish economic growth. (AP) ■ American refueling planes rumble into the air from this desert air base around the clock to top up coalition aircraft bombing Islamic State militants, whether they're Arab fighters flying out of regional bases or French warplanes catapulted off an aircraft carrier in the Persian Gulf. (AP) Local News ■ Prosecutors on Thursday applied with a court for the detention of former military intelligence Major Wang Tsung-wu, who has been suspected of betraying agents to China. (Taiwan News) ■ The Special Investigation Division summoned political commentators Tsai Yu-chen and Wang Chieh-min to testify Wednesday in its investigation of charges that President Ma Ying-jeou accepted illegal contributions from business figures in the 2008 election campaign. Afterwards Tsai took to Facebook to write that she believes Ma will step down as president sometime this year, to be succeeded by current Vice President Wu Den-yih. (Taiwan News) ■ Congressman Ed Royce, the chairman of the US House Committee on Foreign Affairs, will lead a delegation to visit Taiwan March 13-15, the American Institute in Taiwan announced Thursday. (Taiwan News) ■ Lin Ching-yi, Director of the Women’s Development Department for the DPP, said in an interview Thursday that she felt her rejection at the door of a conference at the United Nations Commission on the Status of Women (CSW) was not a matter of gender discrimination, but rather a case of discrimination based on the place where she was born. (Taiwan News) ■ Hsu’s speech, which charged that former president Chen Shui-bian had accepted “billions of dollars” from construction companies in Taiwan, was uploaded to the Internet by one of the persons attending the event. The furor aroused by the video led Hsu to issue a public statement clarifying her remarks. She resigned her position as party spokesperson and also offered an apology to Chen Shui-bian. (Taiwan News) ■ Executives of a world leading land developer recently visited Northern Taiwan seeking new development and investment opportunities. Investment worth more than NT$31 billion is expected to be made to build up world-class entertainment hot spots. (Taiwan News) ■ A group of activists and migrant workers protested in Taipei on Thursday, urging the government to meet Indonesian demands for better treatment of its workers in Taiwan. More than 30 protesters from Indonesia, Vietnam, the Philippines and Thailand demonstrated outside the Legislative Yuan, holding placards emblazoned with the word "anti-slavery" and shouting slogans such as "minimum wage for all." (CNA) ■ The Ministry of Foreign Affairs hosted its annual spring banquet for foreign ambassadors and representatives posted in Taiwan on Thursday, thanking them for their efforts to help expand the nation's international presence. (CNA) ■ Perng Fai-nan, governor of the Central Bank of the Republic of China, declined Thursday to give any hints on a possible monetary policy change by the bank. (CNA)


Updated : 2021-09-17 23:28 GMT+08:00