EZ News 08/28/23

Good afternoon, I'm _____ with today's episode of EZ News. **Tai-Ex opening ** The Tai-Ex opened up 17-points this morning from Friday's close, at 16,498 on turnover of 2.8-billion N-T. The market took a beating on Friday, tumbling almost 290-points, as large-cap electronics stocks led the downtrend following heavy losses suffered by the tech sector on Wall Street overnight. That decline came ahead of a speech by U-S Federal Reserve Chair Jerome Powell - during which he warned that America's central bank may still need to increase interest rates to further slow inflation. **Taipei Mayor to Travel to Shanghai Tomorrow ** Taipei Mayor Chiang Wan-an will be leading a delegation to attend this year's Taipei-Shanghai Twin City Forum tomorrow. Chiang will stay in Shanghai for three-days and along attending the forum (論壇), he will hold talks with officials in the city on issues related to environmental protection and childcare. Chiang is also expected to visit Shanghai's Cheng-Huang Night Market Snack Street and meet with Taiwanese business owners in the city. This year's forum is being held under the theme of "new trends, new development." Taipei and Shanghai are expected to forge agreements promoting cooperation on carbon reduction, sustainability, the exhibition sector, and badminton. **Taiyen Urges Against Fukushima Panic Buying ** Taiyen Biotech is urging the public not to panic buy salt following Japan's release of treated radioactive wastewater from the Fukushima nuclear plant into the ocean. The call comes after the release of the treated radioactive wastewater sparked (觸發) panic buying in China and South Korea. The island's largest salt producer is reassuring the public that it has an ample supply and is stressing that "panic buying is unnecessary." Taiyen says salt supplies remains normal, despite the upcoming Ghost Festival driving up demand in recent weeks, and it is able to cope with extra demand. **Russia Wagner Leader Killed in Plane Crash ** Russian authorities are confirming that the head of the Wagner Group mercenary fighting force was killed in a plane crash last week. AP correspondent Jackie Quinn reports. ((Wagner is pronounced VAHG’-nur)) **Myanmar Orders East Timor Diplomat to Leave ** Myanmar’s military government has ordered East Timor’s diplomat to leave the country in retaliation for the East Timorese government holding meetings with Myanmar’s main opposition organization. A Foreign Ministry statement says East Timor has conducted (進行) engagements with Myanmar’s shadow National Unity Government, which views itself as the country’s legitimate administration after the military seized power from the democratically elected government in 2021. East Timor's charge d’affaires is believed to be the first foreign diplomat expelled (被驅逐) from Myanmar since the army takeover. Many countries have downgraded their relations with Myanmar and left behind the No. 2 diplomat in place of ambassadors. 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 _____. -- Hosting provided by SoundOn