EZ News 07/05/24

Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened up 9-points this morning from yesterday's close, at 23,532 on turnover of $4.8-billion N-T. The market gained more then 350 points on Thursday to close at a new high on the back of increased investor optimism over the business outlook for Taiwan Semiconductor Manufacturing. T-S-M-C led the upturn on the local main board, while other tech stocks also steamed ahead to add to the rally. The rally by T-S-M-C comes as the company is set to hold an earnings call on July 18 Police Dog Finds Evidence in Money Laundering Case The Kaohsiung City Police Department says an electronic storage device detection dog has played a major role in locating key evidence in a money laundering case that led to multiple indictments. According to the department's Criminal Investigation Corps, the dog named, "Wafer," located two mobile phones that contained crucial evidence following raids on three site suspected of being used as bases for money laundering. Prosecutors have now indicted 12 people in connection with the investigation. According to prosecutors, the case centered on an individual who rented property in Kaohsiung and Pingtung to use a bases to assist with transfers of illicit cash from overseas gambling websites and Ponzi scheme websites. Police estimate that the group laundered over 5.1-billion N-T over a six month period. Wafer is Taiwan's first and currently only electronic storage device detection dog. Russia Announces India PM Visit The Kremlin says Indian Prime Minister Narendra Modi will visit Russia next Monday and Tuesday and hold talks with Russian President Vladimir Putin. The visit was first announced by Russian officials last month, but the dates had not been previously disclosed (公開). Russia has had strong ties with India since the Cold War, and New Delhi’s importance as a key trading partner for Moscow has grown since the Kremlin sent troops into Ukraine in February 2022. Japan Survey Finds Groping on Trains Widespread Molestation on Japan’s crowded trains is back in the spotlight (引起大眾關注) as new data shows one in ten young people have been groped. Chris Gilbert reports from Tokyo. Cambodia Welcomes Return of Sculptures Cambodia’s culture minister is welcoming the return this week of 14 sculptures that had been looted from the country during a period of war and unrest. The items repatriated from the collection New York’s Metropolitan Museum of Art were made between the 9th and 14th centuries in the Angkorian period and reflect the Hindu and Buddhist religious systems prevailing at that time. Cambodia’s Ministry of Culture and Fine Arts described it as a ’historic homecoming (返家) of national treasures” followed several years of negotiations between Cambodia’s art restitution team, U.S. federal prosecutors in New York, investigators from the U.S. Dept of Homeland Security and the Metropolitan Museum. 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