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Taiwan News Morning Briefing – April 16

Shares in Taiwan took a beating Wednesday as the bellwether electronics sector encountered heavy downward pressure amid concerns over the market outlo...

Shares in Taiwan took a beating Wednesday as the bellwether electronics sector encountered heavy downward pressure amid concerns over the market outlo...

World News ■ China accuses the Dalai Lama of inciting a wave of self-immolations among Tibetans that are widely seen as desperate protests against Chinese rule in the Himalayan region. The exiled Tibetan spiritual leader has called the deaths sad and ineffective in changing Chinese policy. (AP) ■ Pakistan's interior minister says security forces have arrested a key suspect in the slaying of a prominent Pakistani politician who was stabbed to death in broad daylight in London in 2010. (AP) ■Japan's government says the number of scrambles by the country's warplanes has surged in recent years to levels nearly matching the Cold War era amid growing activity by China and Russia in the region. (AP) ■ The Philippine military says a Muslim rebel commander whose group has pledged support to the Islamic State group has died following a long ailment and was replaced by a Middle East-trained militant. (AP) ■ China announces the 57 intended charter members of the proposed Chinese-led Asian Infrastructure Investment Bank, with longtime rival Taiwan left off the list despite expressing a desire to join. (AP) Local News ■ The opposition Democratic Progressive Party on Wednesday officially named its chairwoman, Tsai Ing-wen, as its candidate in the January 16 presidential election. (Taiwan News) ■ Taipei City Mayor Ko Wen-je said Wednesday he would set up a taskforce to study the removal of Taipei Songshan Airport and would defend the closure at national Cabinet meetings. (Taiwan News) ■ Former President Chen Shui-bian wanted to attend the 10th anniversary meeting of the Ketagalan Foundation on May 1, his son said in an online statement Wednesday. (Taiwan News) ■ Members of the Taiwan Solidarity Union (TSU) charged Tuesday that Taiwan’s state-run enterprises are being deceptive in their pay practices and perks to high-level managers including some who have been caught being improperly entertained by clients. The party complained that while the companies say they are cutting back on bloated ‘fat-cat’ salaries to ranking officers, they are actually laying off lower-level managers while continuing to provide high salaries and retirement benefits to managers with long work records. (Taiwan News) ■ Former National Security Council Secretary-General King Pu-tsung and DPP legislator Tuan Yi-kang have been slinging old mud at each other recently. On Thursday King seemed ready to call some sort of truce, prevailing on a mutual friend to pass a message to Tuan saying, “Own up to your mistakes and stop dragging this out." (Taiwan News) ■ The DDT-laced roses used by the Stornaway chain to make tea were imported from Iran but falsely labeled as a product of Germany, reports said Wednesday. (Taiwan News) ■ The state-owned Taiwan Power Co. (Taipower) said Wednesday that if its coal-fired power plants are shut down, the country would face immediate power supply cuts on a rotational basis. (CNA)


Updated : 2021-09-21 07:32 GMT+08:00