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Taiwan News Morning Briefing – March 26

The death of former Singapore Prime Minister Lee Kuan Yew is a loss not just to Singapore, but also Taiwan, President Ma Ying-jeou said late Tuesday.
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The death of former Singapore Prime Minister Lee Kuan Yew is a loss not just to Singapore, but also Taiwan, President Ma Ying-jeou said late Tuesday. ...

Market & Commodity ■ The Taiwan Stock Exchange’s (TWSE) main index opened 88.2 points lower to 9579.63 on Thursday, with turnover reaching NT$3.63 billion. (Taiwan News) ■ Investors dumped high-flying technology and biotech companies and sent the stock market down for a third straight day Wednesday. The Standard & Poor's 500 index lost 30.45 points, or 1.5 percent, to 2,061.05. The Dow Jones industrial average fell 292.60 points, or 1.6 percent, to 17,718.54, while the Nasdaq composite fell 118.21 points, or 2.4 percent, to 4,876.52. (AP) World News ■ Investigators have been analyzing the mangled black box that contains an audio recording from the cockpit. A newspaper report, however, suggests the audio contains intriguing information at the least: One of the pilots is heard leaving the cockpit, then banging on the door with increasing urgency in an unsuccessful attempt to get back in. "The guy outside is knocking lightly on the door and there is no answer," The New York Times quotes an unidentified investigator as saying. "And then he hits the door stronger and no answer. There is never an answer." (AP) ■ Hundreds of men in a remote Indonesian island and its surrounding waters are forced to catch seafood, and suffer severe beatings, 22-hour shifts and sometimes confinement in a cage. In a year-long investigation, the AP interviewed more than 40 current and former slaves, and tracked their catch to the supply chains of some of America's largest stores and supermarkets. (AP) ■ Singaporeans stand in silence as Lee Kuan Yew's coffin travels on a ceremonial gun carriage a short distance from the presidential palace to Parliament, where thousands wait for hours to pay respects to the city-state's founder before a funeral this weekend. (AP) ■ China rejects growing international calls for the release of five women's rights activists and accuses critics of violating the country's judicial sovereignty by appealing for the women's freedom. (AP) Local News ■ Veteran media commentator Cheng Shih-cheng appeared on the television program “Taiwan’s Advisors” Wednesday, offering his insights on food safety in Taiwan and how it should be addressed. His remarks came shortly after the disclosure that food products found on sale in at least five areas of Taiwan were produced in the Tohoku region of Japan near the Fukushima Nuclear Power Plant. (Taiwan News) ■ Kuomintang Chairman Eric Liluan Chu on Wednesday promised he would have a government proposal for constitutional amendments ready by the end of the month. (Taiwan News) ■ Senior members of the Kuomintang reportedly called for a speeding up of the ruling party’s presidential nomination process after Legislative Vice Speaker Hung Hsiu-chu also hinted she might join the race Wednesday. (Taiwan News) ■ Key Ting Hsin International executive Wei Ying-chiao resigned from the board of Taipei 101 Wednesday in the latest sign that the beleaguered group is trying to distance itself from the management of the iconic building. (Taiwan News) ■ The Kich Long Company, which has an 18-year history of producing and marketing household cleaners and cosmetics in Taiwan, is suspected of dealing with an unregistered cosmetics factory to manufacture illegal shampoo and bath foam products. Sales channels for the company’s products are said to have included PX Mart and other retail outlets across the island. (Taiwan News) ■ Archaeologists said Tuesday that 46 bone fragments found about a year ago by construction workers digging on a high-priced property in the Hsi-tun District are from the An-ho Culture which occurred nearly 5,000 years ago in Taiwan. The bones are located in an area where land values currently stand at about NT$2 million per ping (about US$19,200/sq.m.). (Taiwan News) ■ Taiwanese importers and distributors of food found to have originated from five Japanese prefectures affected by the 2011 Fukushima nuclear disaster on Wednesday blamed Japanese exporters for the controversy. (Taiwan News) ■ Taipei City Mayor Ko Wen-je offered some advice to university students on how to shape their lives, in a speech at University of Taipei Wednesday, on his three-month anniversary in office. (CNA) ■ The labels on food products from areas in Japan that were affected by a nuclear disaster might have been changed in Japan, Taiwan's Health Minister Chiang Been-huang said Wednesday, amid a furor over the illegally imported products. (CNA)


Updated : 2021-09-23 04:26 GMT+08:00