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EZ News 07/15/26
Description
Good afternoon, I'm _ with today's episode of EZ News.
Tai-Ex opening
The Tai-Ex opened up 113-points this morning from yesterday's close, at
44,851 on turnover of $9.9-billion N-T.
Shares in Taiwan came under pressure Tuesday, falling below 44,000 points at
one point, before rebounding in the last 90 minutes of the session to cap the
losses.
But while most non-tech stocks were also in the doldrums, the petrochemical
sector outperformed the market on a spike in international crude oil prices
amid renewed unease in the Middle East, which could boost product prices.
Heat and Afternoon Thunderstorms Over Next Few Days
Forecasters are warning of intense heat and severe afternoon thunderstorms
across Taiwan over the next several days.
The Central Weather Administration today issued high-temperature alerts for
eight counties and cities.
Officials say Changhua, Yunlin, Tainan, and Hualien are under an orange
alert… meaning temperatures could repeatedly exceed (超過) 36 degrees
Celsius.
Taipei, New Taipei, Chiayi, and Taitung are under a yellow alert.
Taitung also faces a high risk of hot, dry foehn winds.
Meteorologist Wu Der-rong says tropical disturbances in the South China Sea
and near the Philippines are bringing large amounts of moisture toward
Taiwan, creating highly unstable conditions.
Wu warns that severe convective thunderstorms will develop in mountainous
areas every afternoon through July 21st, and te storms will likely trigger
lightning, strong winds, and flash flooding in low-lying areas.
(NS)
China Senior CCP Member Expelled
Chinese state media says a senior official has been expelled from the ruling
Communist Party.
Ma Xingrui is one of three members of the current Politburo purged in leader
Xi Jinping's anti-corruption campaign, alongside two military generals.
Analysts see the campaign as a tool to enforce loyalty to Xi and root out
(根除) corruption.
Party authorities concluded that Ma committed violations including accepting
gifts and using his position to help others.
The 66-year-old Ma was previously the Communist Party chief of Xinjiang and
governor of Guangdong province.
Gold trader gets time served in Iran sanctions case that strained US-Turkey relations
A Turkish businessman charged in a conspiracy to help Iran evade (逃避)
sanctions gets no additional prison time after helping U.S. investigators.
The AP's Jennifer King reports.
Spain Gibraltar Border Fence** Dismantled**
The fence separating Gibraltar from Spain has been dismantled, easing travel
for thousands who cross daily.
This change, which goes into effect today, follows years of post-Brexit
negotiations between the European Union and the United Kingdom over
Gibraltar, a British Overseas Territory that is also claimed by Spain.
On Tuesday, the U.K. and the E.U. signed an agreement securing Gibraltar’s
economic future.
The deal de facto bri