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May, 1, 2016

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Taiwan
President Ma Ying-jeou reaffirmed Thursday that Taiwan will uphold the freedom of its fishermen to operate on the high seas and will not budge on this position.
 
With the arrival of the bluefin tuna season, the Ministry of Foreign Affairs (MOFA) on Thursday urged local fishermen not to fish in the Philippines' territorial waters lest they be detained by Philippine authorities.
 
A man from China's coastal Zhejiang Province landed on the Taiwan-controlled outlying island of Kinmen off the Chinese coast in a rubber boat early Thursday, claiming that he came seeking freedom.
 
Daytime temperatures in northern Taiwan dropped by around six degrees Celsius as of Thursday morning, the Central Weather Bureau (CWB) reported.
 
The Supreme Administrative Court has ruled in favor of the Hualien government in a lawsuit against a Taipei Power Company (Taipower) coal-fired electricity plant that had been fined more than NT$440 million for pollution.
 
With the incoming Democratic Progressive Party (DPP) government in support of liberalizing the power market to address the nation's power crisis, Taipower (台電) Chairman Huang Jung-chiou (黃重球) stated on Thursday that the government should have a "scapegoat" to take responsibility if it fails in these efforts.
 
The U.S. dollar fell against the New Taiwan dollar Thursday, shedding NT$0.066 to close at NT$32.279 as the local currency recouped its earlier losses on the back of the strength of other regional units, in particular the Japanese yen, after the Bank of Japan (BOJ) refrained from further easing its monetary policy, dealers said.
 
Selina, one of the three members of the Taiwanese girl group S.H.E, signed the legal papers Wednesday to finalize her divorce from her husband Chang Cheng-chung, the group's management company HIM International Music Inc. confirmed Thursday.
 
Siliconware Precision Industries Co. (SPIL, 矽品) announced Thursday that its board has decided not to go through with a deal to sell a 25-percent stake to China's Tsinghua Unigroup (紫光).
 
Shares in Taiwan took a beating Thursday as selling focused on large-cap stocks, in particular in the electronics and financial sectors, pushing down the weighted index below the 8,500- point mark at the close, dealers said.
 
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