A 10-year-old girl in Taipei remained unplaced for 240 days following a report of sexual abuse. Mayor Chiang Wan-an stated he will not evade responsibility and pledged to review the handling procedures. The case has raised public concerns about the effectiveness of child protection mechanisms, with the city government committing to examine social worker assessments and placement processes.
US President Trump announced a plan to control approximately one-fifth of Venezuela's vast oil reserves. Trump stated that American companies would help revitalize Venezuela's damaged energy industry. The initiative aims to increase US oil supply and lower domestic fuel prices. The plan involves developing and cooperating on Venezuela's substantial petroleum resources.
US President Trump announced that his administration has reached a significant oil agreement with Venezuela, granting the United States majority control over 65 billion barrels of proven oil reserves. The deal represents a major development in US energy strategy regarding Venezuela's substantial petroleum resources.
Prosecutors indicted nine people from Gloss medical beauty chain for installing disguised surveillance cameras in eight branches across New Taipei and Taipei, recording over 300 customers including four minors in changing rooms and nude situations. Charges include violations of child sexual exploitation prevention law and personal data protection law. Operations manager Chen Chih-min faces 16-year sentence, IT manager Tang Yung-chieh faces 10 years, while founder remains at large.
A devastating flood and mudslide disaster struck villages along the Nepal-China border on July 26, leaving over 2,400 people missing and 586 bodies recovered. The disaster swept through border communities, highlighting the severity of the situation. Rescue and recovery operations are ongoing, with final casualty figures still being compiled.
A 10-year-old girl in Taipei remained unplaced for 240 days following a report of sexual abuse. Mayor Chiang Wan-an stated he will not evade responsibility and pledged to review the handling procedures. The case has raised public concerns about the effectiveness of child protection mechanisms, with the city government committing to examine social worker assessments and placement processes.
Japan's government released a long-term assessment of active faults in the Kinki region, indicating a 50-60% probability of a magnitude 6.8 or greater earthquake occurring within the next 30 years. The assessment covers active faults passing through critical facilities including the Tsuruga nuclear power plant, with significant implications for Japan's disaster prevention and nuclear safety policies.
Ukrainian President Zelenskyy held a Supreme Commander meeting on the 28th to discuss weapons supply and set a goal of 1,000 daily unmanned drone strikes against Russia. Zelenskyy stated that Ukraine currently conducts over 300 long-range strikes daily but should increase this number. He emphasized strengthening defense against Russian drones and accelerating production of interceptors to maximize weapons utilization against Russian attacks.
US President Trump announced a plan to control approximately one-fifth of Venezuela's vast oil reserves. Trump stated that American companies would help revitalize Venezuela's damaged energy industry. The initiative aims to increase US oil supply and lower domestic fuel prices. The plan involves developing and cooperating on Venezuela's substantial petroleum resources.
US President Trump announced that his administration has reached a significant oil agreement with Venezuela, granting the United States majority control over 65 billion barrels of proven oil reserves. The deal represents a major development in US energy strategy regarding Venezuela's substantial petroleum resources.
Russia employs psychological warfare against the Baltic region to pressure Western nations into accepting its Ukraine ceasefire conditions. Due to conventional military attrition, Moscow favors gray-zone conflicts below the war threshold rather than full-scale invasion. This strategy reflects a new phase in the Russia-Ukraine conflict dynamics.
Prosecutors indicted nine people from Gloss medical beauty chain for installing disguised surveillance cameras in eight branches across New Taipei and Taipei, recording over 300 customers including four minors in changing rooms and nude situations. Charges include violations of child sexual exploitation prevention law and personal data protection law. Operations manager Chen Chih-min faces 16-year sentence, IT manager Tang Yung-chieh faces 10 years, while founder remains at large.
Taiwan's National Development Council released a population projection report for 2026-2075, showing the nation's total population will fall below 20 million by 2045, four years earlier than previously estimated. By 2037, over half of the working-age population will be aged 45-64, creating severe labor supply constraints amid declining birth rates and aging demographics.
A devastating flood and mudslide disaster struck villages along the Nepal-China border on July 26, leaving over 2,400 people missing and 586 bodies recovered. The disaster swept through border communities, highlighting the severity of the situation. Rescue and recovery operations are ongoing, with final casualty figures still being compiled.
Taiwan's population is projected to decline by 48% over the next 50 years to 12.15 million, according to the National Development Council. In response to aging and low birth rate challenges, the Executive Yuan has elevated population and family policy to national strategy level, planning initiatives including silver economy, comprehensive talent cultivation, and global talent recruitment programs to build lifecycle-based policies and enhance Taiwan's resilience to demographic changes.
China's housing ministry and financial regulators issued new guidelines reforming the real estate sales system. New land projects must prioritize completed housing sales, while projects with planning permits are encouraged to adopt this model. This marks a shift from the traditional pre-sale dominated model toward a new phase emphasizing completed housing sales. The central bank and financial authorities simultaneously released measures to reform real estate credit management.
Bank of America's latest report reveals worsening supply-demand imbalance in global memory chip spot markets, with September supply sufficiency ratios dropping below 50%. Driven by strong AI infrastructure demand, priority allocation to major customers, and seasonal consumer electronics demand, DRAM and NAND spot prices are expected to rise 10-20%. Module manufacturers and white-label OEMs report difficulty obtaining adequate generic products.
Federal Reserve Chair Kevin Warsh delivered his first speech at the Jackson Hole Economic Symposium in Wyoming, reaffirming the Fed's commitment to maintaining a 2% inflation target and outlining five key policy priorities. The market interpreted the speech as hawkish, reflecting the Fed's firm stance on price stability and monetary discipline.
Major US stock indices fell Friday, with the S&P 500 dropping 0.25%. Federal Reserve Chair Kevin Warsh reiterated the central bank's focus on combating inflation, increasing the possibility of rate hikes and prompting cautious investor sentiment. The Philadelphia Semiconductor Index declined 3.47%, while TSMC ADRs fell over 2%.
According to South Korea's Chosun Ilbo, the global pure-play foundry market grew 29% year-over-year in Q2, driven by artificial intelligence demand. TSMC commanded 73% market share while Samsung held 7%, expanding TSMC's lead to 66 percentage points and solidifying its position as the world's leading chipmaker.
Federal Reserve Chair Kevin Warsh stated at the Jackson Hole economic symposium that inflation has not shown significant signs of cooling. He emphasized the Fed's commitment to bringing inflation down to its 2% long-term target. The remarks signal a hawkish stance, suggesting the central bank may maintain restrictive monetary policy to combat persistent inflationary pressures.
U.S. Federal Reserve Chair Jerome Powell delivered his first keynote speech at the global central bank annual meeting today. While acknowledging that U.S. inflation data this summer exceeded expectations, Powell expressed concerns about inflation levels and indicated a preference for a more cautious Federal Reserve approach. The speech reflects the Fed's measured stance in assessing economic prospects.
Federal Reserve Chair Powell warned that U.S. inflation has not declined significantly. He stated that if policymakers lack confidence that core inflation will return to the 2% target, the Fed will "have work to do." Powell acknowledged that current financial conditions do not appear "restrictive," suggesting potential rate increases may be necessary to combat price pressures, underscoring the Fed's commitment to fighting inflation.
Japan's Ministry of Finance disclosed that the government deployed a record 15.39 trillion yen (approximately 96.5 billion USD) to intervene in foreign exchange markets between July 30 and August 26. The yen had depreciated to near 164 per dollar, a 40-year low, before intervention pushed it to around 155.2, though it has since retreated toward the 160 level.
Four Federal Reserve officials have released conflicting policy signals. Cleveland Fed President Hammer, Kansas City Fed President Schmid, and Chicago Fed President Guseby all believe current monetary policy is insufficient to control inflation and advocate for stricter measures. In contrast, Boston Fed President Collins argues that current interest rates still provide moderate restraint on inflation.
Pharmaessentia (6446) announced that its drug Ropeg has received FDA approval for treating essential thrombocythemia (ET) patients. The approval covers all ET patients regardless of risk stratification or prior treatment history, marking a significant milestone for the company in this therapeutic area.
OpenAI announced Friday plans to end its AI model supply agreement with Cursor, citing concerns that SpaceX cannot be trusted to use the technology within OpenAI's terms of service. Cursor became part of Elon Musk's SpaceX following a $60 billion all-stock acquisition in June. OpenAI did not specify what usage practices raised concerns or provide a termination timeline. The move reflects intensifying competition between the two AI camps.
Nvidia's next-generation flagship chip Rubin Ultra is undergoing memory configuration downgrade testing. Market expectations for the chip's memory specifications were initially higher, but recent reports indicate the configuration may fall short of projections. This adjustment could impact memory manufacturers' revenue forecasts. Industry analysts attribute the change to chip supply conditions and market demand dynamics.
Marvell Technology raised its 2027 and 2028 fiscal year revenue outlook, prompting Wall Street to reassess its AI business growth potential. Analysts indicate that if all milestones of Marvell's commercial agreement with Alphabet are successfully completed, the partnership could generate up to $120 billion in cumulative revenue over six years. Despite record earnings and raised guidance, Marvell's stock declined 9.96% to $217.41 on Friday, as investors raised expectations following a 220% gain over the past year.
Nan Po has accumulated six decades of advanced polymer material technology and achieved impressive profits equivalent to two times its equity over three years. The company is now strategically entering the semiconductor advanced packaging and AI copper foil substrate markets, marking a significant transformation from traditional shoe adhesive manufacturing to high-tech materials.
Deep Origin announced breakthrough results from its AI drug discovery framework in testing for cancer immunotherapy-related enzymes. The framework combines artificial intelligence with physics simulation to significantly improve hit rates in drug candidate identification, potentially accelerating the development of cancer therapeutics and offering new possibilities for cancer treatment.
Apple announced its annual fall event on September 9 at 10 AM PT (September 10 at 1 AM Taiwan time) with the theme "Surprise and shine." The market expects iPhone 18 Pro, iPhone 18 Pro Max, and Apple's first foldable iPhone to be featured. The foldable device is reportedly named "iPhone Ultra," featuring a 7.8-inch display and Touch ID, with an estimated price around $2,500.
The Google Gemini copyright lawsuit raises legal questions about whether using licensed works for AI training exceeds the original contract's scope. The central issue is whether AI training can claim fair use to avoid infringement and breach of contract liability. This case highlights the balance between technological development and private law autonomy, challenging the applicability of existing licensing frameworks.
South Korean memory chip manufacturer SK Hynix predicts that the global memory chip shortage could persist until the end of 2030. The company argues that with the advent of artificial intelligence, memory chips are no longer generic commodities, dismissing concerns that production expansion would lead to oversupply.
Harvard University's Wyss Institute published research on carbon removal using genetic engineering to modify marine bacteria, enhancing rock weathering in seawater and increasing atmospheric CO2 absorption. Experimental results show the modified bacteria increased the dissolution rate of olivine, a silicate mineral, by approximately 2.6 times. The findings were published in Nature Biotechnology.
US authorities clarified on the 26th that Chinese government-backed hacker group QTFY targeted multiple federal agencies including the Department of Justice and NASA. Investigation revealed that while numerous agencies were targeted with lock-down attempts, only some systems were successfully compromised. US authorities are strengthening investigation and defensive measures against the incident.
Prosecutors in Miaoli indicted a married couple, Hou and Tseng, who operated two international marketing companies in Kaohsiung. They allegedly defrauded victims by falsely claiming to offer debt consolidation services, collecting credit cards and making unauthorized online charges totaling approximately 280 million NTD in processing fees. The couple faces charges under organized crime prevention, money laundering, and fraud statutes, with prosecutors seeking sentences exceeding ten years imprisonment and requesting asset forfeiture.
Spanish geopolitical expert Daniel Iriarte examines Taiwan's 2024 presidential election in his book "War Begins on Your Phone," analyzing cyberattacks and cognitive warfare preceding the election. He documents tactics including amplifying egg shortage grievances, spreading false claims about TSMC becoming "US TSMC," and using AI deepfake technology to create fake audio and videos, revealing how information operations attempted to influence Taiwan's public opinion and election outcomes.
The prevalence of fatty liver disease is rising due to modern dietary habits and sedentary lifestyles. According to Li Mohua, executive director of Goodheart Medical Development, untreated fatty liver can progress to hepatitis, cirrhosis, and eventually liver cancer. He recommends that hepatitis B carriers undergo regular monitoring, and those over 40 should receive annual abdominal ultrasound screening to detect and prevent liver disease early.
The 15th IDBF World Club Dragon Boat Championships (CCWC) takes place in Hualien's Carp Lake for nine days, attracting 158 club teams from 21 countries and regions with nearly 6,000 athletes. The opening ceremony on August 31st features street closures and a 6,000-person carnival parade, showcasing the international scale and local character of dragon boat racing.
Prosecutors indicted nine people from Gloss medical beauty chain for installing disguised surveillance cameras in eight branches across New Taipei and Taipei, recording over 300 customers including four minors in changing rooms and nude situations. Charges include violations of child sexual exploitation prevention law and personal data protection law. Operations manager Chen Chih-min faces 16-year sentence, IT manager Tang Yung-chieh faces 10 years, while founder remains at large.
A devastating flood and mudslide disaster struck villages along the Nepal-China border on July 26, leaving over 2,400 people missing and 586 bodies recovered. The disaster swept through border communities, highlighting the severity of the situation. Rescue and recovery operations are ongoing, with final casualty figures still being compiled.
US President Trump announced a plan to control approximately one-fifth of Venezuela's vast oil reserves. Trump stated that American companies would help revitalize Venezuela's damaged energy industry. The initiative aims to increase US oil supply and lower domestic fuel prices. The plan involves developing and cooperating on Venezuela's substantial petroleum resources.
US President Trump announced that his administration has reached a significant oil agreement with Venezuela, granting the United States majority control over 65 billion barrels of proven oil reserves. The deal represents a major development in US energy strategy regarding Venezuela's substantial petroleum resources.
A devastating flash flood and landslide struck the Himalayan region bordering Nepal and Tibet on the 26th, resulting in at least 584 confirmed deaths and over 2,480 missing persons. Nepal's government initially declined foreign rescue assistance but reversed its position following diplomatic pressure from multiple countries, now accepting international rescue teams to participate in ongoing search and rescue operations.
A 10-year-old girl in Taipei remained unplaced for 240 days following a report of sexual abuse. Mayor Chiang Wan-an stated he will not evade responsibility and pledged to review the handling procedures. The case has raised public concerns about the effectiveness of child protection mechanisms, with the city government committing to examine social worker assessments and placement processes.
A devastating flood in Nepal on Wednesday has claimed at least 584 confirmed deaths, with more than 2,480 people reported missing. Rescue teams are actively searching for victims across affected areas. The disaster represents one of the most severe natural catastrophes in the region in recent years, prompting emergency response measures from local authorities.
President Trump announced an agreement aimed at substantially reducing gasoline prices for Americans. The accord involves U.S. control over Venezuela's proven oil reserves, intended to increase U.S. oil supply and stabilize energy costs for consumers.
The United States and Venezuela have reached an agreement granting the US rights to extract 65 billion barrels of Venezuelan oil. Venezuela's interim president states the unusual agreement will help revive the country's economy. Both parties view the deal as significant, with expectations it will bring economic benefits to Venezuela.
An attack near Ukraine's capital resulted in at least 27 deaths, including a 14-year-old girl, according to the region's governor. Hundreds of residents have been evacuated from the affected area following the overnight strikes.
Russia launched an airstrike targeting an ammunition depot near Kyiv, resulting in multiple casualties. Moscow's jet-powered drones have conducted prolonged air raids since Thursday, triggering 27 alerts in what marks one of the longest attacks of the war.
Catastrophic flash floods along the China-Nepal border have killed nearly 600 people and left approximately 2,500 missing. Rescue teams deployed helicopters to evacuate stranded survivors and rappelled into damaged checkpoint areas. Rescuers remain on high alert for potential secondary flooding from a newly formed lake in the Himalayan mountains.
President Trump announced that the United States has reached an agreement with Venezuela to control 65 billion barrels of the country's oil reserves. According to Trump's social media post, the agreement was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and Venezuela's interim President Delcy Rodriguez. Trump described it as the largest oil deal in world history.
Federal Reserve Chair Kevin Warsh stated at the Jackson Hole economic symposium that inflation has not shown significant signs of cooling. He emphasized the Fed's commitment to bringing inflation down to its 2% long-term target. The remarks signal a hawkish stance, suggesting the central bank may maintain restrictive monetary policy to combat persistent inflationary pressures.
Taiwan's National Development Council released a population projection report for 2026-2075, showing the nation's total population will fall below 20 million by 2045, four years earlier than previously estimated. By 2037, over half of the working-age population will be aged 45-64, creating severe labor supply constraints amid declining birth rates and aging demographics.
The Meteorological Administration issued heavy rain warnings for Tainan, Kaohsiung, and Pingtung counties due to southwest wind influence. Residents are advised to be cautious of lightning, strong gusts, and flash flooding. Continuous rainfall increases risks of landslides and falling rocks in mountainous areas, while low-lying regions face flooding hazards. Afternoon thunderstorms are expected in Greater Taipei and Taoyuan, with temperatures exceeding 36 degrees Celsius.
Affected by a low-pressure system and southwesterly winds, Taiwan will experience unstable weather over the next week. Tomorrow, southern and southeastern regions expect rain with afternoon thunderstorms in the west. From Monday to Wednesday next week, southwesterly winds will intensify, expanding rainfall across Taiwan with localized heavy rain in the south. Taiwan will be surrounded by a large low-pressure system for one week, with multiple tropical disturbances developing, with potential typhoon formation and uncertain intensity and location.