About this episode
Good afternoon, I'm _____ with today's episode of EZ News.
Tai-Ex opening
The Tai-Ex opened up 64-points this morning from yesterday's close, at 32,381
on turnover of $8.5--billion N-T.
With contract chipmaker Taiwan Semiconductor Manufacturing regaining its
footing and rebounding from a session earlier, shares in Taiwan closed at
another record high Tuesday.
The buying in TSMC shares spread to other semiconductor stocks, with
investors betting that orders for more mature chip processes would shift, as
TSMC cuts that capacity (????) in favor of more advanced chip
manufacturing.
Some flight cancellation fees increased to 30%
The Civil Aeronautics Administration says that cancellation fees for domestic
offshore flights during holiday periods will be raised to up to 30% of the
ticket price.
The new tiered (???) fee system will take effect in March, and be applied
for the first time on the Labor Day long weekend.
Under current rules, domestic offshore tickets sold for holidays for three
days or more carry restrictions (??)…
such as "valid only for the booked flight" or "expired if unused" with
cancellation fees capped at 10% if refunds are requested before departure.
But under the new rules, cancellation fees will vary based on how close the
refund request is to the flight's departure time.
Officials say, the changes are intended to curb seat hoarding (??) during
peak travel periods…
as some passengers book multiple flights and cancel later.
Spain to Grant Legal Status to Immigrants
Spain will grant legal status to potentially hundreds of thousands of
immigrants living and working in the country without authorization.
Spain's migration minister says the government plans to amend immigration
laws by expedited (???) decree, offering legal residency and work permits
for up to one year.
This applies to those who arrived before Dec. 31, 2025, and have lived in
Spain for at least five months without a criminal record.
The minister says the measure could benefit an estimated 500-thousand people.
Many are from countries in Latin America and Africa and work in agriculture,
tourism or service jobs, backbones of Spain’s booming economy.
Landmark social media trial underway in California
Social media giant TikTok has settled a lawsuit claiming the platform
deliberately addicts and harms children.
However, Meta and YouTube are still facing similar claims as a landmark
(???????