EZ News

EZ News 05/07/24


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Good afternoon, I'm _____ with today's episode of EZ News.




Tai-Ex opening

The Tai-Ex opened up 111-points this morning from yesterday's close, at

20,634 on turnover of 5.1-billion N-T.


The market rose nearly 200 points on Monday to close above the 20,500-point

mark - as buying was sparked by Wall Street's solid performance at the end of

last week amid renewed hopes over a rate cut cycle by the U-S Federal

Reserve.


Artificial intelligence development-related stocks attracted strong investor

interest and led the local main board higher, while the financial sector also

posted strong gains throughout the session.




MOFA defends deal to provide Ukraine aid via Czech NGO

The Ministry of Foreign Affairs is denying allegations that it misused

taxpayer money in a partnership with the Czech Republic to provide assistance

(協助) to Ukraine.


According to ministry spokesman Jeff Liu, his office plans to pursue legal

action against K-M-T lawmaker Hsu Chiao-hsin for releasing secret details of

an agreement between Taiwan signed with the Czech Republic last December.


The statement comes after Hsu released details of the agreement in a Facebook

post -which she defended that by saying she released the information due to

Foreign Minister Joseph Wu's failure to properly respond to her concerns

during a legislative hearing.




Circular Line Repair Costs Surpass NT$400Million

And,

The New Taipei City Department of Rapid Transit Systems says current

estimates show that the cost of repairing sections of the Circular Line's

elevated track damaged during the April 3 earthquake stand at over

400-million N-T.


According to the metro operator, the funds will be initially covered by the

New Taipei City Government.


The earthquake damage the disc bearings of the connecting beams between the

Banxin and Qiaohe stations, resulting in the displacement (移位) of steel box

beams at 11 spots and severe twisting to some sections of track.


The New Taipei City Government has said it could take over a year to fully

repair the damaged sections of track.




US Soldier Detained in Russia

US lawmakers say they're "deeply concerned" after an American soldier was

detained in Russia.


An army spokesperson confirmed on Monday that the man — who's unnamed — was

apprehended (被捕) last week in the far east of the country "on charges of

criminal misconduct."


Benji Hyer reports.




Spain Lost Caravaggio to be Exhibited

Spain’s Prado Museum has confirmed that a painting that was due to be

auctioned in Madrid in 2021 is in fact a work by Italian Baroque master

Michelangelo Merisi da Caravaggio that was considered (認為) lost.


It will be unveiled to the public for the first time in the museum later this

month.


The Prado said in a statement on Monday the work titled “Ecce Homo” will go

on display from May 27-th until October as a special one-piece exhibition

following an agreement with its owner, who has not been identified.


It said that since its reappearance at an auction three years ago, Ecce Homo

has represented one of the greatest discoveries in the history of art.


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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EZ NewsBy ICRT News Team