The Tai-Ex opened down 114-points this morning from yesterday's close, at

23,428 on turnover of 8.5-billion N-T.

The market managed to close slightly higher on Monday - that, despite initial

gains being limited as Taiwan Semiconductor Manufacturing fell into

consolidation mode after rallying at the end of last week.

Market watchers say many investors opted to shift to the sell side, locking

in profits built for T-S-M-C, as the main board moved closer to the nearest

technical resistance ahead of the 23,700 point level.

Lawmakers remain deadlocked over the government's general budget for next

year after another another round of cross-party caucus negotiations broke

down with no agreements being made.

Legislative review of the 3.13-trillion N-T general budget proposal presented

by the Cabinet has now been in limbo for weeks.

The main issue is the opposition caucuses' rejection of the Cabinet's

compensation plan for the logging ban, on grounds that there were

deficiencies in the proposal.

The Cabinet has budgeted 40,000 N-T per hectare for landowners or users

affected by the ban.

However, that figure is below the 60,000 N-T required under the amendments to

the Logging Ban Compensation for Lands Reserved for Indigenous Peoples Act.

The Presidential Office says businessman and senior presidential advisor Lin

Hsin-i will attend November's APEC summit in Peru as President Lai Ching-te's

official envoy.

According to the Presidential Office, Lai asked Lin to attend the meeting in

the hope he will use his "professional and abundant experience to fully

expound the meaning of the government's policies" and "effectively increase

Taiwan's visibility (能見度) and importance" in Lima.

The office also says the trip will be aimed at promoting cooperation on

"green digital transformations, digital innovation, digital health, small and

medium-sized enterprise growth, women's economic empowerment, inclusive

growth, and food security."

Lin previously attended three APEC meetings in Brunei in 2000, in China in

2001, and in South Korea in 2005.

South Korea has summoned the Russian ambassador to demand the immediate

pullout of North Korean troops allegedly deployed in Russia.

South Korea’s spy agency said last week it had confirmed that North Korea

sent 1,500 special operation forces to Russia earlier this month to support

Russia’s war against Ukraine.

During a meeting with Russia's ambassador, the south's vice foreign minister

"condemned in the strongest terms” North Korea’s troop dispatch that he

said poses “grave security threat” to South Korea and the international

community.

The minister says South Korea in collaboration (合作) with the international

community will mobilize all available means to deal with an act that

threatens its vital national security interests.

The Russian Embassy quoted its ambassador as saying that the Russian-North

Korean cooperation is not aimed against the security interests of South

Korea.

New research shows that hundreds of more infants have died in the United

States than expected since the Supreme Court overturned abortion access in

the Dobbs decision of 2022. Since then, more than 20 states have implemented

(實施) bans or restrictions on the medical procedure.

Toni Waterman has more.

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

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