Good afternoon, I'm _____ with today's episode of EZ News.
Tai-Ex opening
The Tai-Ex opened up 42-points this morning from yesterday's close, at 24,113
on turnover of $3.4-billion N-T.
Shares in Taiwan closed lower Monday but bounced off early losses to hold
above the 24,000-point mark, as late-session bargain hunting in Taiwan
Semiconductor Manufacturing helped the broader market recover.
Selling was heavier in AI hardware developers, but financial heavyweights
outperformed the broader market, with the sector index up 0.94-percent.
Taipei District Court Questions Ko and Others
The Taipei District Court is questioning former Taipei Mayor Ko Wen-zhe and
others connected with the Core Pacific City case today.
Ko and former deputy mayor Pong Cheng-sheng (彭振聲) appeared in court today,
with Peng questioned as a witness by prosecutors and defense lawyers.
Prosecutors have accused Ko and nearly a dozen others of corruption and
embezzelement, seeking a 28-and-a-half year sentence for Ko.
Ko's lawyers have accused prosecutors of using "improper questioning" against
Peng, and of pressuring him to testify against Ko.
(NS)
New NDC chief highlights AI as key to Taiwan's new economy
Newly-appointed National Development Council Minister Yeh Chun-hsien says he
will actively work to advance Taiwan's industrial innovation, and highlighted
artificial intelligence as key to the country's new economy.
Yeh, a research fellow at Academia Sinica's Institute of Economics,
officially took over from Liu Chin-ching, who resigned (辭職) for health
reasons.
The new NDC chief said he will focus on the overall goals of the National
Development Plan which prioritizes an innovation-driven economy, balanced
development across Taiwan, improved governance, and talent investment.
He says the NDC will also continue to promote the government's Five Trusted
Industry Sectors, that's semiconductors, AI, military, security and
surveillance, and next-generation communications.
Without elaborating, Yeh said he plans 10 new AI infrastructure initiatives
as the latter is central to Taiwan's new economy, and the NDC will continue
to promote its NT$10 billion fund to support industrial transformation.
US 1.2Million Laborers Gone Under Trump Policy
From the US…
Preliminary (初步的) data suggests that 1.2 million immigrants are gone from
the US labor force under Donald Trump's presidency.
AP's Lisa Dwyer reports
NZ Easing Ban on Foreginers Buying Homes
New Zealand is to ease a ban on foreigners buying homes to allow wealthy
investors access to its housing market and boost the economy.
Prime Minister Christopher Luxon said Monday that some wealthy overseas
business investors can now purchase a single high-value home.
The move partially reverses a ban imposed by (推行) the previous government
in 2018 to cool the housing market.
The adjustment applies only to a small number of wealthy foreigners who hold
a residency visa reintroduced in April for those investing millions of
dollars in local businesses.
Critics argue the policy prioritizes (優先考慮) wealthy foreigners over local
needs.
That was the I.C.R.T. EZ News, I'm _____.
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