EZ News 03/27/24

EZ News

Good afternoon, I'm _____ with today's episode of EZ News.

Tai-Ex opening

The Tai-Ex opened up 31-points this morning from yesterday's close, at 20,158

on turnover of 3.7-billion N-T.

The market lost ground on Tuesday after hitting an all-time intra-day high.

Investors turned cautious about a possible major technical pullback from

recent sessions.

Taiwan Semiconductor Manufacturing served as an anchor during the session to

prevent the broader market from falling further.

And artificial intelligence development-related stocks came under pressure

due to their relatively high valuations.

Taiwan Calls on CPTPP to Devise Detailed Accession Guidelines

The Ministry of Foreign Affairs is calling on members of the Comprehensive

and Progressive Agreement for Trans-Pacific Partnership to release detailed

guidelines for countries seeking membership in the trade bloc.

The call comes as the government is voicing (表達) its concerns that the

official Accession Process guidelines are not detailed enough.

According to the ministry, the Partnership's "Auckland Principles," which

provide three main principles for applicants to meet, are also vague

The foreign ministry also says Taiwan has engaged in direct dialogue with key

member states, including Japan and Canada.

The ministry also plans to send delegations to other members later this year

to solicit support for Taiwan's accession (加入) to the trade bloc.

Ma Foundation Director Talks "Meeting Old Friends"

The director of the Ma Ying-jeou Culture and Education Foundation says the

former head of state could meet with Xi Jin-ping when he travels to China

next month.

Hsiao Hsu-tsen says Ma is currently just "a regular citizen", but Ma and Xi

made important history together in 2015, so "of course he hopes there is an

opportunity (機會) to see an old friend."

Hsiao is refusing to say whether arrangements were being made for such a

meeting.

He would only say that "like the media, he hopes it will take place.

However, the foundation director says "because the delegation will be guests,

the specific arrangements are being left up to the Chinese side as hosts."

NKorea Rejects Kim Meeting with Japanese PM

North Korea's state news agency says the country is rejecting (拒絕) any

possibility of a meeting between Kim Jong Un and Japan’s Prime Minister

Fumio Kishida.

It comes a day after reports that Pyongyang had received a summit request

from Japan.

Chris Gilbert reports from Tokyo.

Ethiopia Recouping Lost Funds After Glitch

Ethiopia’s biggest bank says it has recouped nearly 80% of the cash it lost

during a system glitch that allowed customers to take out more money than

they had in their accounts.

The Commercial Bank of Ethiopia says around $14 million was withdrawn or

digitally transferred (轉帳) during the error.

The bank says the value of the transactions ranged from 9 cents to $5,350.

The amount lost was initially reported as $40 million.

Nearly 15-thousand people have voluntarily returned funds that the bank says

were taken illegally.

But over 500 individuals have not yet returned money that is not theirs.

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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