Good afternoon, I'm _____ with today's episode of EZ News.
Tai-Ex opening
The Tai-Ex opened up 12-points this morning from yesterday's close, at 17,585
on turnover of 2.7-billion N-T.
The market saw a technical rebound on Monday on the back of gains seen by
Taiwan Semiconductor Manufacturing.
However, the upturn was limited amid investor caution ahead of the release of
more U-S economic data later in the week, which could influence how the
Federal Reserve will seek to handle monetary policy in the future.
Tsai Talks Next-Gen IDF
In news from and about Taiwan this morning,
President Tsai Ing-wen says the government is preparing to develop the next
generation of indigenous jet fighters.
According to Tsai, the move is aimed at "ensuring continuity of her
administration's national defense policy."
She made the announcement during an interview with ERA News, in which she
highlighted the government's resolve to build Taiwan's autonomy in the area
of defense systems and the government's "defense autonomy" plan.
Tsai went on to say "if the plan is interrupted, it will be difficult to
resume" - and expressed her hope that the next president will maintain
support for the development of the island's defense industry.
Ministry of Culture Announces Rollout of Pop Promotion Subsidies
The Ministry of Culture has announced that it will begin accepting
applications for the government's pop music promotion subsidy program from
tomorrow.
According to the ministry, the program has been developed to promote the
production of pop music programs aimed at international markets.
The program has been granted funding of 10-billion N-T from now through 2027.
The ministry says popular music programs that will be considered for
subsidies need to include at least 10 episodes and have a production cost of
at least 6-million N-T per episode.
Approved applications can receive a subsidy of up to 40-per cent of the total
estimated production costs.
US Blinken: ArabNations Turkey Agree to PostWar Planning for Gaza
U.S. Secretary of State Antony Blinken says four key Arab nations and Turkey
have agreed to begin planning for the reconstruction and governance of Gaza
once Israel・s war against Hamas ends.
Blinken spoke Monday after meeting with the Saudi crown prince.
He is on an urgent Mideast mission that also took him to Jordan, Qatar, the
United Arab Emirates and Turkey.
Arab countries had previously resisted U.S. calls for post-war planning to
begin, insisting that there must first be a cease-fire and a sharp reduction
in civilian suffering caused by Israel's military offensive.
Blinken said he would bring the Arab commitments to Israel's prime minister
and the Palestinian leader before presenting them to the Egyptian president.
OpenAI Responds to NYT Lawsuit
Chat GPT creator Open AI has responded to a lawsuit from the New York Times
accusing it of copyright infringement.
In a statement, Open AI said it rejects the claim that it doesn't have a
legal right to use publicly available materials to train its large language
model.
Ira Spitzer reports from San Francisco.
That was the I.C.R.T. news,
Check in again tomorrow for our simplified version of the news, uploaded
every day in the afternoon.
Enjoy the rest of your day, I'm _____.
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