Good afternoon, I'm _____ with today's episode of EZ News.
Tai-Ex opening
The Tai-Ex opened down 167-points this morning from yesterday's close, at
22,093 on turnover of 5.4-billion N-T.
The market closed little changed on Wednesday, as many investors opted to
stay on the sidelines amid lingering concerns over tariff threats from the
Trump administration.
The slump came after tech stocks took hit on Wall Street overnight - as the
Nasdaq lost 2-per cent.
Turnover stood at 214-billion N-T and market watchers say the low turnover
was evidence that investors are reluctant to chase prices for now before the
White House announces its reciprocal tariff policy - which is expected by
April 2.
Analysts say the local main board is expected to continue to move in a narrow
range at around the 240-day moving average of 22,330 points before those
reciprocal tariff actions are launched.
Four former-servicemen found guilty of selling documents to China operative
The Taipei District Court has sentenced four former military personnel to
prison terms after finding them guilty of selling documents to a middleman
for the Chinese intelligence services.
Three of those sentenced were members of the 211th Military Police Battalion,
which guards the Presidential Office, while the fourth served in the
ministry's Information, Communications and Electronic Force Command.
The four were convicted for breaching (違反) national security laws and
accepting bribes and given sentences of between five and seven years.
The sentences can be appealed.
Academics slam Lai's populism, freedom of speech erosion
Some 75 academics are accusing President Lai Ching-te of using populism to
rally supporters, leading to the rapid erosion of free speech in Taiwan ..
.. and have all co-signed a statement titled "Defending Taiwan's Democracy,
Rule of Law, and Peace."
They're calling on the government to the government to halt its actions and
avoid (避免) further harming Taiwan's democracy and rule of law for the sake
of short-term political gain.
They're also arguing that "in order to defend" Taiwan's "democracy, rule of
law, peace and security," the government should "adhere to the constitutional
system and take immediate and effective measures to improve cross-strait
relations."
NKorea Kim Observes Drone Tests
North Korea says leader Kim Jong Un observed tests of newly developed
reconnaissance and attack drones this week and called for their increased
production.
Photos released by state media Thursday showed Kim observing what appeared to
be a large reconnaissance (偵察) drone roughly resembling Boeing’s E-7
Wedgetail airborne warning and control aircraft.
Other images showed exploding drones crashing into targets.
The report said the exploding drones feature unspecified artificial
intelligence capabilities.
State media said Kim expressed satisfaction with the drones’ performance and
approved plans to expand production, emphasizing that drones and AI should be
top priorities in efforts to advance his military and adapt it to modern
warfare.
Trump 25Percent Tariffs on Auto Imports
Donald Trump has announced a 25% tariff on all automobiles imported into the
United States.
The US president says the move is intended to boost (增強;推動) domestic
manufacturing but it's expected to raise prices for US car buyers.
Ira Spitzer has more.
That was the I.C.R.T. EZ News, I'm _____.
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