Taiwan stock market crashed 774 points, wiping out 2.46 trillion in market value, setting 5 records including the largest single-day drop.
On the 19th, due to factors such as the failure of the TSMC legal meeting and the escalating situation in the Middle East and Iraq, the Taiwan stock index once collapsed by 1,009.32 points, setting a record for the second largest drop in history. It ended up falling by 774.08 points, closing at 19,527.12 points. The biggest single-day drop in history. The weekly line ended with 4 consecutive reds, falling 1209.45 points this week. TSMC’s stock price plummeted, falling 54 yuan, or 6.72%, to close at 750 yuan. The market is waiting to see the uncertainty of the Fed’s interest rate cut and the possible escalation of the conflict between Israel and Iran, which will intensify the selling pressure. Analysts expect Taiwan stocks to start a consolidation pattern. (See full report)
Zhuo Rongtai’s fourth wave of cabinet appointments: Peng Qiming appointed as Minister of Environment, Qiu Taiyuan in charge of Ministry of Health and Welfare
President-elect Lai Ching-te will take office on May 20. Three waves of new cabinet personnel have been announced. The fourth wave of cabinet personnel will be announced on the 19th. Peng Qiming will be appointed as the Minister of Environment, Qiu Taiyuan will be appointed as the Minister of Health and Welfare, He Peishan will be appointed as the Minister of Labor, and Gu Xiufei will be appointed. He served as the chairman of the Guest Committee and Zeng Zhiyong as the chairman of the Aboriginal People’s Association. Central News Agency compiles the latest personnel layout and changes for you. (See full report)
Warm and hot weather will arrive on the 22nd. Three waves of frontal relays will follow in the coming week, causing rain across Taiwan.
The Meteorological Administration stated that the weather will be warm and hot before the 22nd, with high temperatures in various places above 30 degrees Celsius. Watch out for foehn winds in Taitung; watch out for local fog or low clouds in Kinmen and Matsu, which will affect visibility. From the 23rd to next weekend, three consecutive waves of fronts will approach and affect the weather. There will be rain in various places, and attention should be paid to the heavy rainfall, which is expected to inject some water into the central and southern reservoirs. (See full report)
China activates W122 and W123 route scholars: shortening Taiwan’s air defense in-depth warning time
The Civil Aviation Administration of China announced the launch of the W122 and W123 connecting lines of the M503 route from west to east. Experts and scholars pointed out that the CCP’s move is to completely erase the tacit understanding of the central line of the Strait and shorten Taiwan’s air defense depth and early warning time. Zhu Fenglian, spokesperson for the Taiwan Affairs Office of the State Council, said that this is to ease the pressure on flight growth in relevant areas, ensure flight safety, reduce flight delays, protect the rights and interests of passengers, and is beneficial to people on both sides of the Taiwan Strait. The Civil Aviation Administration of the Ministry of Transport emphasized that this measure seriously affects flight safety, once again expressed its solemn protest against China’s unilateral measures without consultation, and called on both parties to negotiate as soon as possible. (See full report)
CIA: Ukraine may lose war with Russia this year without more U.S. aid
US Central Intelligence Agency (CIA) Director Burns warned on the 18th that unless the United States provides Ukraine with more military assistance, this pro-Western US ally may lose to Russia before the end of the year. Agence France-Presse reported that Burns’ warning came as the House of Representatives was scheduled to vote on a $61 billion package aid plan on the 19th. The plan has been stalled for months by Republican lawmakers aligned with former U.S. President Trump. (See full report)
There are rumors of explosions in Iran, suspected Israeli retaliation attacks, the whole story of the conflict, and the reactions of all parties at once
An explosion was reported in Isfahan Province in central Iran on the 19th. U.S. officials said this was a retaliatory strike by Israel against Iran. Agence France-Presse compiled the details of the conflict between the two parties, the beginning and end, and the reactions of all parties. Less than a week ago, Iran directly attacked Israel for the first time, launching more than 300 drones and missiles in retaliation for the attack on its embassy in Syria. Tit-for-tat actions between Israel and Iran have intensified, prompting global powers to call for calm and imploring both sides not to let the war between Israel and Hamas expand into a larger conflict in the Middle East. (See full report)
UN employees reveal that China paid bribes to demand agency funds to exclude Taiwan’s diplomatic allies
Written testimony obtained by the British Parliament showed that China bribed UN officials to obtain “special concessions” and that countries with diplomatic relations with Taiwan were unable to obtain certain UN funds at China’s request. In a written testimony, whistleblower Ruili, an employee of the Office of the United Nations High Commissioner for Human Rights (OHCHR), claimed that OHCHR is providing dangerous benefits to China, and that “these benefits are part of the Chinese government’s large-scale use of the United Nations to serve its national interests.” . (See full report)
The Indian general election lasted for 6 weeks with nearly 1 billion voters, the largest scale of voting on the surface. Highlights at once
Nearly 1 billion Indian voters will vote on the 19th to elect the next government in seven stages over the next six weeks, which can be called the world’s largest democratic vote. Analyst circles generally believe that current Prime Minister Narendra Modi’s Hindu nationalist ruling party will once again win the election in a landslide. CNBC News Network of the United States compiled a list of highlights related to the Indian election. (See full report)
New Taipei Shulin Iron Sheet Factory Fire Fire Department urges people around to close doors and windows and wear masks when going out
A fire broke out in an illegal iron sheet factory in Shulin District, New Taipei City, on the evening of the 19th. Timbers were piled on the site and burned completely. The fire department was reported to go to the rescue and reminded people in Shulin and nearby areas to close their doors and windows tightly. It is recommended to wear masks if they want to go out. According to information released by the New Taipei City Government Fire Department, the burning area at the scene is about 1,500 square meters. 56 fire trucks and 142 firefighters have been dispatched to rescue, and no one is trapped. (See full report)
Paris Olympics Taiwan’s entry uniform is unveiled, with flipped Chinese characters and exquisite flower wrapping technology “not inferior to France”
The Ministry of Culture and the Ministry of Economic Affairs hosted “Taipei Fashion Week AW24”. The pre-show press conference on the 19th revealed the entry uniforms of the Taiwanese delegation to the Paris Olympics for the first time. The design was full of details. Designer Zhou Yuying said, “We will definitely not lose to France.” The entry uniform was carefully designed by Zhou Yuying and collaborated with many artists. It not only used the world’s innovative “carbon capture” technology, but also combined it with aboriginal handicrafts and reversed Chinese character design. The hand-wrapped flowers on the entry uniform were plum blossoms. The flower language is “come on and encourage” the rapeseed flower. (See full report)
Unboxing Old Photos” The first workshop for African agricultural technicians begins
On April 20, 1962, the first workshop for African agricultural technicians was held in Taipei City, with 25 agricultural workers from 11 African countries participating, opening a new page for agricultural technical cooperation. After World War II, a wave of independence broke out in Africa, and the CCP actively penetrated emerging countries to isolate Taiwan. With partial funding support from the U.S. government, my country has launched agricultural technology cooperation with African countries through the “Pioneer Project” program to strengthen friendly relations. (See full report)
The following platforms simultaneously publish Good Morning World at 8 a.m., giving you the most essential news summaries!
Newsletter、Facebook、Instagram limited time updates、YouTube
