The Tai-Ex opened up 52-points this morning from yesterday's close, at 20,575

on turnover of 5.7-billion N-T.

The market closed slightly lower on Tuesday as investors remained concerned

over possible American tariffs on semiconductor imports.

The main board rallied early in the session, but selling set in and escalated

late in the trading day, with large cap semiconductor stocks in focus, to

push the Tai-Ex into negative territory.

The central bank says it will begin inspections into the local banking sector

to discourage speculators from targeting the foreign exchange market and to

ease volatility.

The move comes as the New Taiwan dollar rapidly appreciated against the U-S

dollar earlier this week.

Foreign media reports have said the central bank has suffered losses of

2-trillion N-T since the beginning of May due to the alleged speculating

(做投機買賣).

However, Foreign Exchange Department head Tsai Jiong-min says the bottom line

remained sound so the volatility in the forex market will not affect the

bank's ability to pay its profits to the national treasury.

Two K-M-T proposed referendums have been placed on the agenda of the

legislative plenary session scheduled for Friday for discussion before being

put to a vote.

One of the proposals calls for a national referendum against the abolition of

the death penalty, while the other asks for a vote in opposition to martial

law in Taiwan after President Lai Ching-te in March proposed reinstating

(恢復) military trials.

The push for the two proposals comes after the expiration of the one-month

negotiation period required for bills involving interparty disputes before

proceeding to a second reading.

Days after 26 people were killed in a terror attack in Indian administered

Kashmir, New Delhi says it has hit 'terrorist infrastructure' in Pakistan.

India has defended the strikes, targeting nine locations across Pakistan and

Pakistan administered Kashmir, calling its response 'measured (慎重的),

responsible and designed to be non-escalatory in nature'

Neha Poonia has more.

Five members of Venezuela’s political opposition have left the Argentine

diplomatic compound in their country’s capital, Caracas, where they had

sheltered for more than a year to avoid arrest. and were in the United States

on Tuesday,

U.S. Secretary of State Marco Rubio says the group is now in the United

States.

Rubio did not provide details of the group’s movements to reach the U.S.,

but he described the event as a rescue operation.

The official states that “The U.S. welcomes the successful rescue of all

hostages (人質) held by the Maduro regime at the Argentinian Embassy in

Caracas,”

The government of Argentine President Javier Milei allowed the five people

into the ambassador’s residence in March 2024.

That was the I.C.R.T. EZ News, I'm _____.

--

Hosting provided by SoundOn