EZ News 11/14/23 - podcast episode cover

EZ News 11/14/23

Nov 14, 20236 min
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Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening 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. John Deng Points to APEC Focus on CPTPP Bid 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. CGA Denies US and Chinese Ships Entered Taiping Island Waters 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. Indonesian President Visits White House 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. < [CLIP] Slug: > SKorea President to Discuss NKorean Weapons at APEC 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 _____. -- Hosting provided by SoundOn
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