EZ News 08/08/23

Good afternoon, I'm _____ with today's episode of EZ News.

**Tai-Ex opening **
The Tai-Ex opened up 10-points this morning from yesterday's close, at 17,006
on turnover of 4.6-billion N-T.

The market gained more than 150 points in Monday following a slump at the end
of last week, as investor interest in artificial intelligence
development-related stocks resumed and the sector moved out of consolidation
mode.

The rise also came as investor sentiment improved amid eased concerns over
further pending rate hikes by the U-S Federal Reserve on the back of the
release of a weaker-than-expected American jobs report on Friday.



**Carbon Exchange Opens in Kaohsiung **
President Tsai Ing-wen has overseen (監督) the opening of a carbon exchange
at the Kaohsiung Software Park.

The exchange is part of the government's ongoing efforts to reduce carbon
emissions and achieve its goal of net-zero emissions by 2050.

According to Tsai, the carbon exchange will work with its international
counterparts to help Taiwan reach its goal of low carbon emissions, and those
efforts are expected to bring in more than 4-trillion N-T in private
investment.

Tsai also says it will also bring in 5.9-trillion N-T in production value,
while potentially create more than 550,000 jobs from 2023-2030.



**New Military Police Battalion to be Garrisoned in South Taipei **
And,

Military sources are saying the Ministry of National Defense plans to
garrison a newly raised military police battalion in south Taipei.

The move is reportedly part of efforts to step-up protection for the
president and other top government officials.

However, the specific location of the garrison (駐軍) has not yet been
decided.

The unit will be the sixth military police battalion under the 202nd Military
Police Command stationed in Taipei.

The military police command currently numbers 5,000 and teports have said
that number could reach 11,000 in the coming years.



**Pakistan Railway Service Partially Restored **
Officials say engineers have partially restored passenger rail service in
southern Pakistan, a day after a passenger train derailed there, killing at
least 30 people and injuring 90.

Local authorities have handed over 27 bodies of the victims of Sunday's crash
to their families for burials while three people were still unidentified.

Engineers were still working at the crash site to fully restore rail service
and dozens of injured remained in hospital on Monday.

A probe into the train accident was also underway.

Train accidents in Pakistan are common and often happen as the result of poor
railway infrastructure and official negligence (疏忽).



**US Texas Cost of Electricity Surges **
The price of electricity – crucial for air conditioning – has surged in the
U.S. state of Texas in the last few days.

Just as parts of the state continue to swelter (熱得難受) in a heatwave that
is pushing temperatures well above 100 Fahrenheit or 38 degrees Celsius.

Caroline Malone reports from Austin.


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 _____.

Good afternoon, I'm _____ with today's episode of EZ News.



**Tai-Ex opening **

The Tai-Ex opened up 10-points this morning from yesterday's close, at 17,006

on turnover of 4.6-billion N-T.



The market gained more than 150 points in Monday following a slump at the end

of last week, as investor interest in artificial intelligence

development-related stocks resumed and the sector moved out of consolidation

mode.



The rise also came as investor sentiment improved amid eased concerns over

further pending rate hikes by the U-S Federal Reserve on the back of the

release of a weaker-than-expected American jobs report on Friday.







**Carbon Exchange Opens in Kaohsiung **

President Tsai Ing-wen has overseen (監督) the opening of a carbon exchange

at the Kaohsiung Software Park.



The exchange is part of the government's ongoing efforts to reduce carbon

emissions and achieve its goal of net-zero emissions by 2050.



According to Tsai, the carbon exchange will work with its international

counterparts to help Taiwan reach its goal of low carbon emissions, and those

efforts are expected to bring in more than 4-trillion N-T in private

investment.



Tsai also says it will also bring in 5.9-trillion N-T in production value,

while potentially create more than 550,000 jobs from 2023-2030.







**New Military Police Battalion to be Garrisoned in South Taipei **

And,



Military sources are saying the Ministry of National Defense plans to

garrison a newly raised military police battalion in south Taipei.



The move is reportedly part of efforts to step-up protection for the

president and other top government officials.



However, the specific location of the garrison (駐軍) has not yet been

decided.



The unit will be the sixth military police battalion under the 202nd Military

Police Command stationed in Taipei.



The military police command currently numbers 5,000 and teports have said

that number could reach 11,000 in the coming years.







**Pakistan Railway Service Partially Restored **

Officials say engineers have partially restored passenger rail service in

southern Pakistan, a day after a passenger train derailed there, killing at

least 30 people and injuring 90.



Local authorities have handed over 27 bodies of the victims of Sunday's crash

to their families for burials while three people were still unidentified.



Engineers were still working at the crash site to fully restore rail service

and dozens of injured remained in hospital on Monday.



A probe into the train accident was also underway.



Train accidents in Pakistan are common and often happen as the result of poor

railway infrastructure and official negligence (疏忽).







**US Texas Cost of Electricity Surges **

The price of electricity – crucial for air conditioning – has surged in the

U.S. state of Texas in the last few days.



Just as parts of the state continue to swelter (熱得難受) in a heatwave that

is pushing temperatures well above 100 Fahrenheit or 38 degrees Celsius.



Caroline Malone reports from Austin.





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 _____.