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Taiwan News Morning Briefing – April 30

The number of Taiwanese nationals known to have been in Nepal when a magnitude-7.8 earthquake devastated large areas of the Himalayan kingdom last wee...

The number of Taiwanese nationals known to have been in Nepal when a magnitude-7.8 earthquake devastated large areas of the Himalayan kingdom last wee...

Market & Commodity ■ The Taiwan Stock Exchange (TWSE) main index opened 7.65 points lower to 9,846.18 on Thursday, with turnover reaching NT$2.23 billion. (Taiwan News) ■ U.S. stocks dropped Wednesday following news that the economy skidded to a near halt in the first three months of the year, battered by harsh weather, plunging exports and sharp cutbacks in oil and gas drilling. Stocks stayed lower after the Federal Reserve downgraded its assessment of the economy and kept its key interest rate unchanged.(AP) World News ■ Aid reaches a hilly district near the epicenter of Nepal's earthquake for the first time four days after the quake struck and as the death toll from Saturday's disaster passes the 5,000 mark. (AP) ■ Australia says it will withdraw its ambassador to Indonesia after two Australians were among eight drug traffickers executed by the Southeast Asian country, but was wary of escalating hostilities with its near neighbor despite a public outcry. The executions by firing squad of the eight men — two Australians, four Nigerians, a Brazilian and an Indonesian — attracted wide international condemnation and intense Australian media coverage. (AP) ■ South Korea's spy agency tells lawmakers that North Korean leader Kim Jong Un has ordered the execution of 15 senior officials this year who were accused of challenging his authority. (AP) ■ Prime Minister Shinzo Abe will seek support for a trans-Pacific trade pact that has divided U.S. lawmakers as he makes the first address by a Japanese leader to a joint meeting of Congress. (AP) ■ Officials warn of an influx of insurgents from neighboring Pakistan into northern Afghanistan in an attempt to destabilize what has mostly been a peaceful part of the country. (AP) ■ Women in the Chinese capital in the final stage of pregnancy during the 2008 Beijing Olympics — when officials strictly controlled air pollution — gave birth to heavier babies than in years when the city was smoggier, a study says. (AP) ■ U.S. federal regulators have taken a step toward requiring public companies to show the relationship between the compensation of their top executives and the company's financial performance. (AP) Local News ■ Switzerland’s Supreme Court has ruled that US$6.74 million (NT$205.6 million) in allegedly illegal funds from ex-President Chen Shui-bian should be returned to Taiwan, reports said Wednesday. The Supreme Prosecutors Office Special Investigation Division has been chasing the money for seven years, reports said. (Taiwan News) ■ Former Nantou County Magistrate Lee Chao-chin should serve 30 years in prison for corruption, prosecutors said Wednesday. Lee, a veteran Kuomintang politician, was indicted for asking for kickbacks on projects related to post-disaster reconstruction. (Taiwan News) ■ As DDT-tinged tea leaves brew up the latest controversy in Taiwan’s food industry, Chen Bao-chi, Minister of the Council of Agriculture (COA) spoke up in defense of food standards on the island. Chen said that domestic teas boast a success rate of 97 in government inspections, just one of many indicators which say that compared with other countries, food security in Taiwan is actually quite good. (Taiwan News) ■ If a strong earthquake occurred before current problems with the Taipei Dome were solved, the Mass Rapid Transit’s nearby Bannan Line could collapse, Taipei City’s Department of Rapid Transit System said Wednesday. (Taiwan News) ■ Taiwan received a lower-than-before rating of 27 points in the annual rankings for freedom of the press drawn up by Freedom House, dropping one place to No.48, reports said Wednesday. (Taiwan News) ■ Democratic Progressive Party Chairwoman Tsai Ing-wen visited Taiwan Semiconductor Manufacturing Co. Chairman Morris Chang at his headquarters in Hsinchu Wednesday to discuss economic topics. (Taiwan News) ■ Taipei carried out a number of drills in connection with the Wan-an Disaster Preparedness Exercise in northern Taiwan Tuesday. Inspecting the scene at Sungshan Industrial and Agricultural Vocational School in Taipei, Mayor Ko Wen-je gave students and their instructors high marks for their performance in the drills. (Taiwan News) ■ A group of Japanese lawmakers arrived in Taiwan on Wednesday likely to discuss matters related to the safety of Japanese food exports to Taiwan. (CNA) ■ President Ma Ying-jeou voiced his support Wednesday for the idea of solidifying the so-called "1992 consensus" and making this concept part of Taiwan's efforts to seek access to regional economic integration. (CNA)


Updated : 2021-09-19 06:23 GMT+08:00