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Back10/16 List of key news from each newspaper
10/16 List of key news from each newspaper
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自由时报8 hours agoOther2 min readChinaView original

10/16 List of key news from each newspaper

Quick Look

  • After Taipei Mayor Chiang Wanan proposed the Songshan Airport relocation project, he went to the Executive Yuan to explain that President Zhuo Rongtai believed that his attitude had changed significantly from four years ago and asked the Taipei City Government to provide relevant meeting minutes or discussion materials in the past four years.
  • At the same time, TSMC Chairman Wei Zhejia confirmed that he had sent a team to Texas to evaluate the possibility of setting up a factory.
  • Kuomintang Taoyuan City Councilor Zhu Zhenyao was sentenced to eight years in prison for fraudulently claiming assistant fees.

AI-generated summary

Why It Matters

Jiang Wanan's proposed relocation of Songshan Airport is in contrast to his attitude four years ago. Executive President Zhuo Rongtai therefore requested the meeting minutes of the past four years to understand the reasons for the policy change.

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Taipei Mayor Chiang Wanan proposed the Songshan Airport relocation project and went to the Executive Yuan yesterday to explain. President Zhuo Rongtai said that Chiang's attitude was different from four years ago, and there must be a major turning point. He asked the Taipei City Government to send relevant meeting minutes or relevant discussion materials in the past four years to the Executive Yuan; the picture shows Songshan Airport. (Photo by reporter Huang Yijing)

free times

The relocation of the loosening machine is a huge turning point. Zhuo Kui wants Jiang Wananti to submit 4-year meeting minutes

After Taipei Mayor Chiang Wanan announced the Songshan Airport relocation project last Thursday, he went to the Executive Yuan to explain the matter yesterday. Executive Yuan spokesperson Li Huizhi reported that President Zhuo Rongtai said during the meeting that Chiang Kai-shek's attitude was different from that of four years ago, and there must be a major turning point. Zhuo Kui is looking forward to knowing about this turning point, and asked the Beijing Municipal Government to send relevant meeting minutes or relevant discussion materials in the past four years to the Executive Yuan.

Please read on...

For details, see the relocation of the loosening machine. A huge turning point. Zhuo Kui asked Jiang Wan'ant to submit the minutes of the 4-year meeting.

Wei Zhejia: TSMC evaluates the establishment of factories in the United States and sees no signs of slowing down

Taiwan stocks fell sharply by 1,655 points yesterday, and TSMC held an after-hours press conference. Chairman and President Wei Zhejia shouted that "AI demand is still very strong and there are no signs of slowing down." In response to US President Trump's recent public statement that he had just completed a phone call with Wei Zhejia, he also confirmed that he had recently sent a team to Texas for evaluation and was also negotiating with a customer who plans to build an AI factory there. If the cooperation between the two parties takes shape, the wafer factory must still be operated by TSMC.

For details, see Wei Zhejia: TSMC evaluates the establishment of a factory in the United States and sees no signs of slowing down.

The aunt used her head to fraudulently collect assistant fees. Kuomintang Tao City Councilor Zhu Zhenyao spent 8 years in the first trial

Kuomintang Taoyuan City Councilor Zhu Zhenyao, who was once the runner-up of "Miss Asian World", was accused of using her aunt Li as her head to fraudulently obtain assistant subsidies. From December 2018 to May 2019, she fraudulently obtained a total of 177,278 yuan. She violated the Corruption Crime Ordinance and committed the felony of taking advantage of her position to defraud property. The Taoyuan District Court yesterday sentenced her to eight years in prison and deprived her of public rights for five years.

For details, see the aunt who used her head to fraudulently collect assistant fees. Kuomintang Tao City Councilor Zhu Zhenyao. The first trial lasted 8 years.

united daily

Stocks and foreign exchange double-kill...foreign capital exits, foreign exchange market explodes to US$9.1 billion

Stocks and foreign exchanges have a double kill, and foreign capital remittances are "playing for real". Taiwan stocks have repeatedly seen index surges and plummets this year, but this time the situation has obviously changed. A supervisor from Huiyin said that in the past, even if foreign investors aggressively oversold Taiwanese stocks, the funds might not be repatriated immediately and would even flow back later. However, yesterday's trading volume in the foreign exchange market approached tens of billions of dollars, setting a new historical record. In just a few days, the volume has exploded to astonishing levels, showing that this wave of foreign investors is not only selling stocks, but also has large sums of money rushing to withdraw from Taiwan.

For details, see the double kill in stocks and foreign exchange... Foreign capital has withdrawn, and the foreign exchange market has exploded to US$9.1 billion.

Expanding layout, TSMC plans to set up wafer fab in Texas

TSMC’s U.S. footprint will extend from Arizona to Texas. TSMC Chairman and President Wei Zhejia confirmed for the first time yesterday that he has sent a team to Texas to evaluate the possibility of setting up a wafer fab, and is discussing production capacity cooperation with a customer who plans to build his own wafer fab (referring to Terafab). However, Wei Zhejia also said that relevant assessments and discussions are still ongoing, and no final decision on investment or operating model has been made.

For details, see Layout Expansion TSMC plans to set up a wafer fab in Texas.

china times

Foreign capital sold more than RMB 302.5 billion, breaking record and causing a bloodbath in stocks

Killing red eyes! U.S. inflation data has heated up, and the chances of the Federal Reserve raising interest rates have greatly increased. Coupled with the continued expansion of financing concerns for the artificial intelligence (AI) industry, the Taiwan stock market turned into a cash machine again on the 15th, with foreign investors mercilessly selling more than 302.5 billion yuan, setting a record for the largest overselling in history; this murderous atmosphere It also spread to the foreign exchange market. Under the live exchanges between the central bank and foreign capital, the foreign exchange market exploded with a huge trading volume of 9.115 billion US dollars, which was five times the normal trading volume. On the same day, it set the maximum trading volume in the foreign exchange market in one fell swoop. The intensity of the "bloodbath" is evident.

For details, see Foreign investors sold more than 302.5 billion to break the record and wash out stocks.

Jiang Wan'anxiu's 112-year official document proves that the loose machine has been moved

On the 15th, Taipei Mayor Chiang Wanan went to the Executive Yuan to explain the Songshan Airport relocation case. Chiang Xiu issued an official document emphasizing that the Taipei City Government expressed to the central government in 112 that "the relocation of Songshan Airport is conducive to the overall urban planning development of Taipei City." Executive President Zhuo Rongtai pointed out at the meeting that Chiang Wanan's proposal was a "huge change" compared with four years ago, and hoped that the Taipei City Government would provide relevant meeting records and discussion materials in the past four years for the reference of various ministries.

For details, please see Jiang Wan'anxiu's official document in 112, which proves that the loose machine has been moved.

U.S. President Trump said that TSMC will expand investment in the United States. Wei Zhejia confirmed yesterday that it has sent a team to Texas for evaluation. (File photo)

KMT Taoyuan City Councilor Zhu Zhenyao was accused of using her aunt surnamed Li as her head to fraudulently obtain assistant subsidies. The Taoyuan District Court yesterday sentenced her to eight years in prison. (File photo)

What to Watch

AI outlook — possibilities, not facts

  • The Taipei City Government will submit to the Executive Yuan within a week the minutes of meetings related to the relocation of Songshan Airport in the past four years.

    Likely · Within days

  • TSMC will disclose the results of its Texas plant evaluation in the next few months

    Possible · Within months

Open Questions

  • Will the Taipei City Government provide meeting minutes of the past four years as requested by the Executive Yuan?
  • When will TSMC’s final investment decision on setting up a factory in Texas be announced?
  • What is the long-term impact of large-scale foreign capital divestment on the Taiwan dollar exchange rate and stock market?

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