EZ News

EZ News 09/03/24


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




Tai-Ex opening

The Tai-Ex opened up 5.01 points at 22,240.11 Tuesday on turnover of NT$2.54

billion.


A rally in the home stretch of Monday's session led by Taiwan Semiconductor

Manufacturing Co. (TSMC) pulled the Taiex up from the day's low.


The financial sector attracted interest on rumors that the Financial

Supervisory Commission (FSC) will agree to a tender offer proposed by CTBC

Financial Holding Co. to acquire Shin Kong Financial Holding Co.


Taiwan may continue to drift today, with U-S markets closed for the Labor Day

weekend.



SEMICON Taiwan 2024 opens Wednesday with CEO summit, tech forums

More than 20 international forums on leading-edge semiconductor technologies

will be held at this year's SEMICON Taiwan, which is expected to draw some

85,000 overseas visitors from 56 countries.


Organizers say a round of international forums kick off before the formal

opening of the expo, will include the "most eye-catching CEO Summit" that

features talks by major figures in the semiconductor industry,


Another highlight… an "AI chip talk of the century" among major figures

from Taiwan Semiconductor Manufacturing, ASE Technology, Samsung Electronics,

and Google tomorrow afternoon.


This year's expo will feature 16 main themes, including advanced

manufacturing, heterogeneous integration, green manufacturing, and

semiconductor cybersecurity (網路安全).


But the exhibit will also feature be some new areas "such as artificial

intelligence (AI), smart mobility, silicon photonics, and precision

machinery.




Taiwanese firms in Japan to benefit from 'one-stop' service center: Minister

Taiwan's economics minister says the government is planning to set up a

one-stop service center in Kyushu, Japan to assist Taiwanese companies that

are expanding there.


Minister of Economic Affairs Kuo Jyh-huei says the government-funded service

will be "like a science park" that will facilitate the needs of Taiwanese

companies on Kyushu island and help them with the logistics (後勤) of

establishing businesses there.


Kuo did not specify the exact location of the planned office but said it will

not be in Kumamoto, the Kyushu prefecture in which Taiwan Semiconductor

Manufacturing Company has a fab and is preparing to build another one.


The minister says Nagasaki, Oita, Miyazaki, and Kitakyushu are some of the

Kyushu prefectures that have expressed interest in welcoming Taiwanese

companies.



Britain to suspend sales of some weapons to Israel

The U.K. government says it's suspending exports of some weapons to Israel

because they could be used to break international law.


Here's Foreign Secretary David Lammy



Lammy told lawmakers the decision related to about 30 of 350 export licenses

to Israel and wasn't an arms embargo (禁令,禁運).


The United Kingdom is among a number of Israel’s longstanding allies whose

governments are under growing pressure to halt weapons exports because of the

toll of the nearly 11-month-old war in Gaza.




Biden: Netanyahu not doing enough to secure hostage deal

Meanwhile…


US President Joe Biden says Israeli Prime Minister Benjamin Netanyahu is not

doing enough to secure (獲得) a hostage deal.


It comes after Hamas' killed six hostages, including an American citizen.


Nick Harper reports from Washington.


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Philippines Tropical Storm Yagi

A fierce storm is blowing out of the northern Philippines after leaving at

least 14 people dead in landslides, floods and swollen waterways.


Tropical Storm Yagi swept past Paoay town in Ilocos Norte province into the

South China Sea with sustained winds of up to 75 kilometers per hour and

gusts of up to 125 kph.


It was forecast to strengthen into a typhoon as it barrels (飛馳)

northwestward over the sea toward southern China.


Storm warnings remained in most northern Philippine provinces, where

residents were warned of the lingering danger of landslides in rain-soaked

mountain villages and floodings in the farming lowlands of the Philippines'

most populous region.


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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