About this episode
Good afternoon, I'm _____ with today's episode of EZ News.
Tai-Ex opening
The Tai-Ex opened down 189-points this morning from yesterday's close, at
33,484 on turnover of $9.9-billion N-T.
Shares in Taiwan rebounded sharply Thursday, posting the fifth-largest
single-day gain on record, as bargain hunters returned after reports the
United States and Iran could enter negotiations eased geopolitical concerns.
Among major technology stocks, chipmaker Taiwan Semiconductor Manufacturing
rose 1.88 percent to close at $1,900 NT, and other large-cap tech firms also
advanced.
Memory-related stocks staged a strong rebound as well, while shipping stocks
moved in the opposite direction.
Analysts say investors will continue to monitor developments in the Middle
East, including the situation in the Strait of Hormuz, while the long-term
growth outlook for Taiwan's artificial intelligence supply chain remains
intact (??) despite potential technical corrections.
Taiwan signs double taxation pact with Tuvalu
Foreign Minister Lin Chia-lung has signed an agreement to avoid double
taxation and donate funds to cover the maintenance costs of Tuvalu's first
undersea cable.
Lin is currently visiting Tuvalu as a special envoy of President Lai Ching-te.
According to the foreign minister, the agreement was signed during a banquet
hosted by Tuvalu's Prime Minister Feleti Teo, and is expected to boost trade
and encourage Taiwanese investment in Tuvalu.
Lin also donated funds to cover the maintenance costs for Tuvalu's first
undersea cable, to help ensure (??) the country's communications resilience
during the banquet.
Lin and his delegation arrived in Tuvalu on Wednesday on what is his third
trip to the Pacific ally.
Ukraine Sharing Expertise on Shahed Drones
Ukrainian President Volodymyr Zelenskyy says the United States and its allies
in the Middle East are seeking Ukraine’s expertise in countering (??)
Iran’s Shahed drones.
Zelenskyy says various countries, including the United States, have
approached Ukraine for help in defending against the Iranian drones.
He said he has spoken in recent days with the leaders of the United Arab
Emirates, Qatar, Bahrain, Jordan and Kuwait about possible cooperation.
Russia has fired tens of thousands of Shaheds at Ukraine since it invaded its
neighbor just over four years ago.
Iran has responded with the same type of drones to joint U.S.-Israeli strikes
on Iranian targets.
Pentagon
