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October, 1, 2016

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Taiwan
KMT petitions for court injunction to thaw frozen assets
The Kuomintang (KMT) said Friday that it had requested a court injunction against the Cabinet-level Ill-gotten Party Assets Settlement Committee (IGPASC, 不當黨產處理委員會) to challenge the agency's decision to freeze party accounts on Sept. 21.
 
Benzene found in cooking oil: CF
The Consumers' Foundation (CF, 消基會) said Friday that cooking oil produced by Standard Foods Corporation (佳格食品) contained benzene, which is known to cause cancer.
 
Ultrasound scanner donated by bank foundation to NTU Hospital
Shanghai Commercial & Savings Bank Art & Cultural Foundation donated a high-end ultrasound scanner to the Department of Traumatology of the National Taiwan University Hospital on Sept. 26.
 > Taipei
 
Taiwan shares sink to end below 9,200 points
Shares in Taiwan lost momentum and closed below the 9,200-point mark Friday, amid global concerns over a financial crisis at Deutsche Bank, Germany's largest bank.
 
Last ever V Air round-trip service takes off
V Air, a subsidiary of Taiwanese carrier TransAsia Airways, began its last round-trip service Friday evening ahead of its closure the following day.
 
A survey released by Global Views Monthly (GVM, 遠見雜誌) Friday indicated increasing support for maintaining the status quo with regards to Taiwan's relations with China.
 
Representatives from almost 20 member countries of International Civil Aviation Organization (ICAO) assembly attended a reception hosted by Taiwan in Montreal Thursday, with many of the attendees voicing support for Taipei, which was blocked from participating in assembly.
 
Financially-troubled game developer XPEC Entertainment Inc. (樂陞科技) told investors it was working to fill a short-term funding gap of NT$600 million.
 
Several lectures scheduled to be given by this year's Tang Prize laureates had to be canceled this week because of Typhoon Megi, which hit Taiwan on Tuesday.
 
In a bid to attract more Indian students to study in Taiwan, the Ministry of Education (MOE) recently hosted the "2016 Taiwan Higher Education Show in India" in Mumbai in cooperation with National Tsing Hua University and Taipei Economic and Cultural Center in India.
 
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