Taiwan stocks tumble following Wall Street’s 5th consecutive weekly decline Friday

Taiwan’s Capitalization Weighted Stock Index (TAIEX) fell more than 300 points (2.19%) Monday after US markets marked a bearish 5-week-long losing streak Friday. Affected by high inflation, rising interest rates, and declines in corporate profits, Taiwan stocks fell to an almost one year low at prices not seen since May 21 last year. The TAIEX opened at 16,345.8, 62 points down from Friday’s close, and tumbled more than 200 points in early trading. After a brief rebound the decline continued

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Rainy season front expected to bring heavy rain this weekend

Weather forecasters are predicting a rainy weekend with a typical rainy season front expected to approach northern Taiwan, Thursday, and slowly move southward until it reaches the South China Sea, Tuesday. According to the Central Weather Bureau, as the weak front currently bringing cloudy weather today moves away, Tuesday and Wednesday will see temperatures rise to maximums of 31°C in northern and central parts of Taiwan, and 31°C to 33°C in the south with brief isolated showers and afternoon thunderstorms

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Monkey hit and killed by motorcycle, rider injured

A motorcyclist was sent to hospital with minor injuries, and a Formosan macaque died after it ran across the road and was hit by a motorcycle in Taitung County yesterday, May 7 Police from the Dawu police station received a report of an accident involving a heavy motorcycle at the 395.7 kilometer mark on Provincial Highway 9 in Taimali Township at around 1:00 pm. According to witnesses, the macaque suddenly dashed out onto the road and the rider, named Lin,

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Snorkeler missing off northeast coast for 24 hours picked up by fishing boat

A man who went missing while snorkeling off the coast of New Taipei City yesterday was rescued by a fishing boat in Yilan County this morning, Sunday, May 8. According to reports, the 43-year-old man, named Shen, went snorkeling with a partner, named You, near Magang Fishing Port in Gongliao District at around 8:00 am Saturday. At around noon, You went ashore but was unable to find Shen. You searched for several hours before calling the New Taipei City Fire

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Driver was reading text messages when truck crashed into freeway maintenance crew killing 2

The driver of a truck that crashed into two road maintenance vehicles on National Freeway 3 yesterday, causing two deaths and three injuries, told police that he was using his phone at the time of the accident. The National Highway Police Bureau said that at 2:45 pm yesterday, May 6, the truck carrying 50,000 rapid antigen tests for COVID-19 crashed into the road crew in the southbound lanes on the Xihu section of freeway 3 in Miaoli County. Two of

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1 dead, 4 injured in 6-truck pile-up on West Coast Expressway

One person died and four were left injured after a semi-trailer hit a road construction vehicle then plowed into five other trucks on the West Coast Expressway (Provincial Highway 61) in Taichung City this morning, May 4. Taichung City Fire Bureau received a report at 10:23 am that a number of vehicles were involved in a traffic accident at the 150.9 kilometer mark in the northbound lanes of the expressway in Qingshui District, and that two people were trapped in

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Gourmet restaurant couple suspected to have died of carbon monoxide poisoning: stove found not turned off properly

A couple found dead in their Italian style restaurant in New Taipei City yesterday died of carbon monoxide poisoning due to an improperly turned off stove, according to a preliminary investigation. An employee of the restaurant who had been resting at home after finishing the lunch shift at around 2:00 pm, returned shortly before 5:00 pm to find the restaurant locked, and the couple not responding to his phone calls. The 22-year-old man, named Shen, eventually called a former employee

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Study finds microplastics in popular fish snacks from 7 Asian countries

A research team at a Taiwanese university found microplastics in 14 dried fish products from 7 different countries in Asia, according to a study published in the latest issue of The Journal of Hazardous Materials. The study conducted at the College of Marine Sciences at National Sun Yat-sen University examined small whole dried fish products that are commonly eaten with peanuts as a snack or appetizer and are popular in Asian countries. The products were produced in Japan, China, Sri

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China lockdown madness: elderly patient put into body bag alive, handed over for cremation

Government officials have confirmed that the staff of a Shanghai nursing home put a patient into a body bag and handed it over to undertakers for cremation, but had to take “the body” back after the undertakers saw movement, and found the man was still alive, according to Chinese news reports. Video footage of the incident circulated widely on Chinese social media yesterday, May 1. In the videos, taken from two angles, two undertakers are seen pulling a body bag

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Man dies after being hit and run over by 4 cars in Taipei City

A man in Taipei City died after being hit and runover by four vehicles on a pedestrian crossing in dark, rainy conditions in the early hours of the morning today, May 2. According to reports, the 41-year-old man, named Zhuang, was crossing Zhongxiao West Road at the intersection of Xining Road when he was hit and knocked down by a taxi driven by a man named Ding at around 3:00 am. Ding pulled over immediately, but a few seconds later,

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Taiwan’s rainy season expected to start Sunday with stationary front, tropical disturbance

Meteorologists say that Taiwan is about to enter the summer rainy season with the first stationary (plum rain) front forecast to descend on northern Taiwan Sunday, May 1, combined with a tropical disturbance approaching from the south. Peng Chi-ming (彭啟明), General-Manager of WeatherRisk said that northern Taiwan will come under the influence of a stationary front Sunday, along with a northeast wind turning the weather rainy and cool, with the temperature dropping to 17°C to 20°C. Furthermore, a low pressure

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