**Tai-Ex opening **

The Tai-Ex opened up 5-points this morning from yesterday's close, at 14,617

on turnover of 2-billion N-T.

The market came under heavy pressure on Monday as investor sentiment

continued to be overshadowed by (使（某事物）令人不快或減少樂趣) concerns

about the U-S Federal Reserve's rate hike cycle ahead of a two-day

policymaking meeting.

And turnover for the session stood at 151-billion N-T -- which is the lowest

level so far this year.

**China's Beer and Liquor Imports Ban to Cost Taiwan Less than NT$1 billion **

Finance Minister Su Jien-rong says China's suspension of the imports of some

shipments of beer and liquor from Taiwan is not expected to cost exporters

more than 1-billion N-T.

The ban on beer and liquor has affected several of Taiwan's leading suppliers

(供應商) including the Taiwan Tobacco & Liquor Corporation, King Car Food

Industrial and Kinmen Kaoliang Liquor.

China has said the shipment ban is related to a new customs registration

system which to effect on January 1 of this year.

Economics Minister Wang Mei-hua says although many countries have been

critical of the new Chinese customs registration system, Beijing has been

targeting Taiwanese exporters before those of other countries.

**Kaohsiung Mayor Meets with Tokyo Governor in Japan **

And,

Kaohsiung Mayor Chen Chi-mai has met with Tokyo Governor Yuriko Koike in Japan

Chen is leading a delegation of city officials from the Department of

Administrative and International Affairs and Marine Bureau and arrived in

Japan on Sunday for a three-day visit.

According to the Kaohsiung City Government, Chen and Koike exchanged views on

the coronavirus pandemic and other issues of mutual interest, including smart

cities, energy saving and carbon reduction.

It is Chen's first overseas trip since taking office in 2020.

**FTX Founder Arrested in Bahamas **

Police in the Bahamas have arrested Sam Bankman-Fried, the former CEO of the

bankrupt cryptocurrency exchange FTX.

The arrest came at the request of (按照…的要求) US authorities.

US Correspondent Ira Spitzer reports.

**Intl Tribunal Asked by Island States for Opinion on Climate Change **

The International Tribunal for the Law of the Sea says that small island

states have asked it to provide an opinion on what impact a key U.N. treaty

governing maritime activities has on efforts to curb climate change.

The Hamburg-based U.N. tribunal says it received a request from Antigua and

Barbuda and Tuvalu to render an advisory opinion on the climate obligations

(義務) arising to parties from the U.N. Convention on the Law of the Sea.

The tribunal said it has added the request to its list of cases.

It isn’t clear whether or when an advisory opinion could eventually be

issued.

But if the tribunal does provide the treaty’s 168 parties with legal

guidance on the issue of climate change it could trigger further cases.

**Mexico US Officials to Discuss Trade Issues **

Mexico's foreign secretary says he'll travel this week to Washington, D.C.,

in an effort to resolve a dispute over imports of genetically modified U.S.

corn.

The trip planned for Friday comes before a scheduled visit next month to

Mexico City by U.S. President Joe Biden.

Foreign Secretary Marcelo Ebrard says he and other Mexican officials will be

seeking (尋求、試圖) points of agreement with Washington on the corn, and on

other issues.

Mexico plans to ban imports of genetically modified corn for human

consumption and perhaps eventually for animal feed.

Biden and the leaders of Mexico and Canada are to meet Jan. 9 in Mexico City.

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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