The Tai-Ex opened up 45-points this morning from yesterday's close, at 16,884

on turnover of 2.7-billion N-T.

The market closed sharply higher on Monday, as the bellwether electronics

sector was the focus of investor interest following gains by tech stocks on

Wall Street at the end of last week.

Taiwan Semiconductor Manufacturing drove the tech sector's upturn, boosted by

optimism over its strong sales report for October

However, investors showed an unwillingness to chase prices as the main board

closed in on the 17,000 point mark, which resulted in the Tai-Ex trading

within a narrow range towards the end of the session.

Taiwan's top trade negotiator John Deng says the main aim of bilateral talks

at this week's APEC forum is to build up support for Taiwan's bid to join the

Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

Deng is attending the APEC forum in San Francisco and participating in the

APEC Economic Leaders' Week meetings.

According to the trade negotiator, the forum is expected to serve as an

important opportunity for Taiwan's delegates to meet with representatives

from trade bloc member countries.

Taiwan Semiconductor Manufacturing founder Morris Chang is serving as

President Tsai Ing-wen's envoy to the APEC summit and is

scheduled to arrive in San Francisco tomorrow.

The Coast Guard Administration is denying reports that U-S and Chinese ships

entered Taiwan's territorial waters around Taiping Island in the South China

Sea earlier this month.

The denial comes after K-M-T lawmaker Chen I-hsin accused the administration

of attempting to cover-up the intrusions, which he said occurred on November

3.

The administration has confirmed that a Chinese warship and an American

warship were near the island.

However, it says they were operating in waters some 21-nautical miles

northeast of Taiping Island and neither vessel entered territorial waters.

US President Joe Biden is today hosting his Indonesian counterpart Joko

Widodo at the White House to "reaffirm" their joint commitment to the "nearly

75-year-long partnership between the world's second and third largest

democracies."

The meeting, though, is at risk of being overshadowed by the Israel-Hamas war

— a conflict erupting thousands of kilometres away, but one that matters

hugely to both states.

Benji Hyer reports.

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South Korean President Yoon Suk Yeol says he will discuss international

response to the purported North Korean-Russian weapons deal during the

Asia-Pacific Economic Cooperation summit in San Francisco this week.

In written responses to questions from The Associated Press, Yoon says the

North Korean-Russian agreement not only poses a serious threat to the

security of the Korean Peninsula, Northeast Asia and Europe but also

undermines the universal rules-based international order.

Yoon says provocations by North Korea will only result in strong retaliation

from South Korean and U.S. forces.

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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