The Tai-Ex opened down 150-points this morning from yesterday's close, at

23,048 on turnover of $4.7-billion N-T.

Shares in Taiwan saw initial gains eroded (侵蝕) and closed in negative

territory, falling more than 150 points, Monday as the bellwether electronics

sector encountered profit taking leading the broader market to move lower

Analysts say ahead of the upcoming United States presidential election on

Nov. 5, local investors appeared reluctant to chase prices for the moment

despite gains in the early morning session with turnover staying low.

The Taipei District Court on Monday approved an extension of detention for

Taipei City Councilor Ying Hsiao-wei, while the Taiwan High Court rejected

real estate tycoon Sheen Ching-jing's appeal to have his detention ended.

The two individuals are both in custody as part of an alleged corruption

case, known as the "Core Pacific City Case," that has embroiled (捲入其中)

TPP leader Ko Wen-je.

Ying, of the opposition KMT, is accused of acting as a go-between between

Sheen and high-ranking city government officials in the construction project,

including then-Taipei City Mayor Ko.

Sheen, founder and chairman of the Core Pacific Group, is alleged to have

bribed Taipei city officials to illegally increase the floor area ratio f a

site formerly occupied by Core Pacific City, in order to raise the property's

financial value.

Ying is to be held incommunicado for two more months as of Oct. 29, as ruled

by the Taipei District Court.

Sheen's attorney applied for the suspension of his detention, citing his poor

health, a request that has now be rejected for the second time by the High

Court.

NATO's Secretary-General has confirmed that North Korean forces are in the

Russian territory of Kursk.

That region is partially (部分地) controlled by Ukraine signaling that they

are now or soon to be in direct combat.

William Denselow reports from Brussels where NATO is headquartered.

Israel’s parliament has passed two laws that severely restrict the U.N.

agency responsible for distributing aid in Gaza.

The first bill passed Monday bans the U.N. agency for Palestinian refugees,

or UNRWA, from conducting “any activity” or providing any service inside

Israel.

The second cuts ties with the main U.N. provider of aid to Gaza and

designates (指定) it a terror organization.

The votes followed a fiery debate between supporters of the laws and its

opponents, mostly members of Arab parliamentary parties.

Brazil's environmental agency levied $64 million in fines against 23

meatpacking and their suppliers companies for buying and selling cattle

raised illegally on deforested land in the Amazon.

The operation tracked 18-thousand head of cattle raised in 260 square

kilometers of pasture that was under embargo (禁運) due to illegal

deforestation.

The companies targeted included JBS, the largest meatpacking company in the

world.

Cattle raising is the Amazon’s main deforestation driver, with 90% of the

total cleared area converted to pasture.

That represents an area of 590-thousand square kilometers, slightly larger

than France.

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

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