Good afternoon, I'm _____ with today's episode of EZ News.
Tai-Ex opening
The Tai-Ex opened down 518-points this morning from yesterday's close, at
21,575 on turnover of 11.9-billion N-T.
Shares in Taiwan closed lower Tuesday as turnover shrank to the lowest in
more than seven months amid caution over the U.S. economy, ahead of the
release of August manufacturing activity data.
Large cap tech stocks largely moved lower led by contract chipmaker TSMC as
investors appeared wary of movements on U.S. markets with futures there on
the decline, pointing to a possible fall on spot markets later in the day.
Tropical Storm Yagi to Bring Extreme High Temperatures
Tropical Storm Yagi may bring extreme high temperatures to parts of the
island today.
The Central Weather Administration says the storm currently moving towards
China, does not pose a direct threat to Taiwan, but subsiding (下沉) airflow
caused by Yagi will cause high temperatures over the western half of the
island.
Forecasters say that's particularly the case for northern regions, which
highs of up to 38-degrees expected in Hsinchu today.
The CWA has issued heat warnings for large parts of the north, as well as for
Hualien, Yunlin and Tainan.
And the storm may cause some precipitation as well, with sporadic showers
across the north, east, and mountainous areas, as well as brief thunderstorms
in central and southern Taiwan.
(NS)
US Files Criminal Charges Against Hamas Leader
US prosecutors have filed criminal charges against Hamas leader Yahya Sinwar
and five other militants in the group.
The charges, related to the October 7th attack on Israel, include terrorism,
and conspiracy to use weapons of mass destruction (大規模殺傷性).
Nick Harper reports from Washington.
IAEA Says Zaporizhzhia Plant "Very Fragile"
The head of the United Nations’ nuclear watchdog has described the situation
at Europe’s largest nuclear power plant as “very fragile” following fresh
attacks near the site in central Ukraine.
He also vows to expand International Atomic Energy Agency inspections to
include critical electricity supplies.
Rafael Mariano Grossi has highlighted the vulnerability of Ukraine’s energy
infrastructure because of Russian attacks.
The Zaporizhzhia plant came under Russian control in the wake of Moscow's
full-scale (全面的) invasion in 2022.
The IAEA says ongoing attacks in the area and damage to Ukraine’s national
grid threaten the power supply that's vital to nuclear power stations.
Nvidia shares fall
In related news…..
Chipmaker NVIDIA lost more market value than any other stock in a single day.
CNBC reports the stock fell 9.5 percent, or about $279 billion in market
value.
It is now down 23.3% since June 20.
But it is up, however, 118% in 2024.
But NVIDIA didn't drop on its own.
Its fall saw a basket of chip stocks retreat -- Intel fell almost 8%, Marvell
slid 8.2%, and AMD dropped 7.8%, and Qualcomm fell nearly 7%.
The stock is down another 2% after hours. The action comes after Bloomberg
reported that the Department of Justice is taking a closer look at antitrust
(反壟斷) concerns for Nvidia.
CNBC says chip stocks were gainin steam on optimism that the artificial
intelligence boom will require companies to buy more semiconductors to keep
up with AI applications.
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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