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20190702

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2019-07-02

Section break ---- C*News Intro I'm ... w/ the top of the hour news ..... ---- E*EZ NEWS JULY 2, 2019 ---- E*Tai-Ex Opens Down The Tai-Ex opened down 17-points this morning from yesterday's close, at 10,878 on turnover of 1.9-billion N-T. The market quickly climbed higher Monday after the US and China declared a truce in their trade war over the weekend. The two countries agreed not to raise tariffs for now. Large cap stocks in the bellwether electronics sector were the strongest. They were boosted after US President Donald Trump decided to let American companies sell products to China's Huawei. ---- E*DPP Voices Support for Democracy in Hong Kong The D-P-P says it fully supports Hong Kong's pro-democracy movement (運動). The party's secretary-general says the protests send a clear message to Beijing, that its "one country, two systems" has failed in the territory. Meanwhile ... Foreign Minister Joseph Wu is showing support for the protests. He tweeted that "HongKong's citizens are seething (沸騰) with anger and frustration" - and it's clear China's "one country, two systems is nothing but a lie." ---- E*Lawmakers Approve Tax Rebate Bill for Long-Term Care Lawmakers have passed a bill to give tax deductions (減稅) to people who have family members with physical or mental disabilities and need long-term care. The government says the annual $120-thousand NT deduction will help around 290-thousand taxpayers. If a person is deemed disabled by health officials, they, their spouses, or family members could be eligible (合格) for the deduction. But people whose basic income is more than $6.7-million NT or is above the 20-percent income tax bracket are not eligible. ---- E*Truce in US-China Trade War Could Benefit Taiwan The Chung-Hua Institution for Economic Research says a truce (休戰) in the US-China trade war will probably benefit Taiwan. Institute Vice President Wang Jian-chuan says many Taiwanese major tech companies in Huawei's supply chain will get a boost (促進、抬高) from the truce. According to the Institute for Information Industry, Huawei bought 12-billion U-S dollars worth of tech products from Taiwan in 2018. Wang says the government should now try to raise demand in Taiwan, to prepare for lower sales to other countries caused by uncertainty over global trade. The Chung-Hua Institution's vice president also says he believes the government should offer more incentives (獎勵) to encourage people in Taiwan to spend money. ---- E*Iran exceeds enriched uranium limit Iran's foreign minister says the country's enriched uranium stockpile (儲存) has passed the limit set in the 2015 nuclear deal. Nick Harper reports < [CLIP] Slug: > ---- E*UN Guterres Set for Africa Visit U.N. Secretary-General Antonio Guterres will travel to Africa next week. Guterres will be attending a counter-terrorism conference and looking into Mozambique's recovery from two cyclones earlier this year. Guterres will arrive in Nairobi, Kenya, on July 9-th. He will meet with with Kenyan President Uhuru Kenyatta and go to a town hall meeting (見面會,公開會議) for young people in programs to stop violent extremism. He then flies to Mozambique's capital on July 10-th for meetings with President Filipe Nyusi and other officials. On July 12, he will travel to Beira to talk with survivors of cyclones Idai and Kenneth and others involved (參與) in recovery efforts. ---- C*News Outro 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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