EZ News 1/29/26

Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened up 24-points this morning from yesterday's close, at 32,828, on turnover of $11-billion N-T. The Taiwan stock market hit a record high today as shares of chipmaker T-S-M-C soared to a new peak, and memory chip suppliers also saw big gains. Analysts say the surge was driven by investor optimism over the artificial intelligence boom and upcoming earnings reports from U.S. tech giants like Microsoft and Meta. Beyond tech, petrochemical stocks rose because of higher crude oil prices and tensions in Iran, while electric machinery companies also gained value as the government works to improve the national power grid. However, some analysts warn the market could face resistance as it approaches the 33,000-point mark. (NS) Prosecutors Seek Taiwan Man Detention for Alleged Money Laundering Prosecutors are seeking to detain the Taiwanese manager of a gambling ring accused of laundering money from China through local shell companies. The Taipei District Prosecutors Office says a Chinese national set up several companies in Taiwan starting in 2016. The group allegedly hired engineers to design gambling software for overseas markets, then used fake transactions and false invoices to move illegal profits back into Taiwan. On Tuesday, authorities searched four locations and questioned 12 people, including accountants and engineers. Nine suspects were released on bail. But prosecutors are asking the court to hold the Taiwanese manager without bail, citing the risk that he might collude (串通) with others. (NS) Russia Warn on Ukraine Casualties Could Hit 2Million A new report warns that combined (合併的) war casualties in Russia's war on Ukraine could soon hit 2 million AP correspondent Laurence Brooks reports Germany Deutsche Bank Searched in Money Laundering Probe German investigators searched the offices of Deutsche Bank, Germany’s largest, on Wednesday in connection with an investigation into possible money laundering. Prosecutors in Frankfurt said that the probe focused on the bank’s prior (事先的) business relationships to foreign entities which were in turn suspected of being used to launder money. Offices were searched in Frankfurt, where the bank is headquartered, and in Berlin. The bank said it was cooperating with investigators. Rwanda Suing UK for Cancelled Migrant Deal Rwanda has said it is suing the United Kingdom to seek payments over an aborted, controversial migrant deal under which the East African nation was to host deported asylum seekers from the European country. The migrant deal entered into force on April 25 2024. In July 2024, shortly after taking office, Prime Minister Keir Starmer announced that the deal was “dead and buried.” In 2023, the UK Supreme Court found the deal between Rwanda and the UK to be “unlawful,” ruling that it violated both UK law and international law and ordering it to be scrapped. Some legal experts have questioned whether parties to an unlawful contract can seek financial remedies (補救措施). That was the I.C.R.T. EZ News, I'm _____. -- Hosting provided by SoundOn