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December, 9, 2016

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Taiwan
Investigators seize 200 kg of cocaine in latest bust
Taiwan investigators last week seized more than 200 kilograms of cocaine that was packed inside car batteries imported from Brazil, the Ministry of Justice's Investigation Bureau (MJIB) said Monday.
 
The Presidential Office denounced what it described as Chinese "political intervention" after restaurant chain Hai Pa Wang (海霸王) placed an advertisement in a local paper pledging support for the "one China" principle.
 
Analysts raise 12-month price target for TSMC
As a sign of confidence in Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), analysts have raised their average 12-month price target for the company's stock to US$215.
 
Trump's talk with President Tsai 'just a courtesy call,' says Pence
United States Vice-President-elect Mike Pence and a senior aide to President-elect Donald Trump both said Sunday that Trump's phone call with Taiwan's President Tsai Ing-wen (蔡英文) last week was just a courtesy call and did not signal any plans to change U.S. foreign policy.
 
Shares in Taiwan closed down slightly lower Monday as investors were still assessing the impact of a failed Italian referendum on global financial markets, dealers said.
 
Demonstrators are set to return to the Legislative Yuan today to protest a contested labor bill.
 
'tis the season
Representatives from China Airlines and workers at the Christmas market bring a taste of the traditional European Christmas market to Taiwan, Monday, Dec. 5. The market, which features cuisines from Holland, Germany, and other European countries, will officially open to the public from Dec. 9 to Dec. 11 at Huashan Cultural Park.
 
Taiwan's military on Monday denied a report that it plans to decommission its Mirage 2000 fighter jets earlier than originally planned due to France's alleged reluctance to upgrade the aircraft.
 
President Tsai Ing-wen's strategic move to reach out to U.S. president-elect Donald Trump last Friday shocked the foreign affairs establishment in Washington and drew a formal protest from Beijing. In Taiwan, the political establishment's support of Tsai's move toward strengthening relations with its most important ally was almost unequivocal.
 
Taipei City councilors have slammed plans to relax a ban on food imports from areas affected by the Fukushima nuclear disaster, calling it "fake safety."
 
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