Taiwan News Morning Briefing – June 26

Jeremy Lin, the first NBA player of Taiwanese descent who enjoys tremendous popularity in Taiwan, is scheduled to arrive in Taipei on June 29 for a we

Jeremy Lin, the first NBA player of Taiwanese descent who enjoys tremendous popularity in Taiwan, is scheduled to arrive in Taipei on June 29 for a we

Market & Commodity ■ The Taiwan Stock Exchange (TWSE) main index opened 1.54 points higher to 9,477.88 Friday, with turnover reaching NT$1.67 billion. (Taiwan News) World News ■ Foreign donors and agencies announce billions of dollars in aid for Nepal, but it falls short by half of what the Himalayan nation wants to rebuild from the devastating earthquakes that killed more than 8,800 people and made millions homeless. (AP) ■ North Koreans swarm to war museums and mobilize for gatherings — all to denounce the evils of the United States during a monthlong commemoration of the Korean War, which is something like "Hate America Month" in North Korea. The whipping up of anti-U.S. fervor will culminate in a rally Thursday. (AP) ■ Myanmar's parliament votes against several constitutional amendments, ensuring that the military's veto power remains intact and that opposition leader Aung San Suu Kyi cannot become president in an election this year. (AP) ■ South Korea's finance ministry says economic growth will slow this year as the outbreak of Middle East respiratory syndrome saps spending and tourism. (AP) Local News ■ Taipei City Mayor Ko Wen-je pointed out Thursday during a press conference that taking on challenges such as Farglory’s Taipei Dome controversy will always come at a cost, but adds that he expects to see good things to come out of it on the long term. (Taiwan News) ■ The Ministry of Justice on Wednesday threw the Taipei Dome case against the Farglory Group and the MeHAS City case against Radium Life Tech Co. back in the Taipei City Government’s court. (Taiwan News) ■ The 2015 Taipei International Food Show (Food Taipei) opened its second day of extravaganza Thursday in an event packed with visitors, buyers and gourmet lovers as they sample out delicacies provided by exhibitors both local and international. (Taiwan News) ■ Local enterprises' outlook toward the domestic manufacturing sector improved slightly in May, according to a monthly report released Thursday by the Taiwan Institute of Economic Research. (CNA) ■ Premier Mao Chi-kuo directed the Ministry of Health and Welfare Thursday to study whether to postpone the retirement age as part of an effort to cope with the challenges of a rapidly graying society. (CNA) ■ The chairman of Taiwan's Hon Hai Precision Industry Co., a major supplier to Apple Inc., slammed an accusation Thursday by Hong Kong labor groups that the company operates sweatshop factories, saying he is confident that his company's operation can "compare favorably with those of any other manufacturer in the world." (CNA)