de Villiers promised they would “fight our way back” after England thrashed them by nine wickets in the first Twenty20 international in Southampton on Wednesday. He bowled one bad delivery, his final one a full toss hit for four by De Villiers. “We know he has the potential and skill level, he has proved that at county level,” England captain Eoin Morgan said of the 20-year-old. His skills are good, we know that, it is delivering them against [players like] De Villiers, who is one of the best of our generation. “The result doesn’t look good for us,” De Villiers said.
By Lee I-chia / Staff reporterThe sudden growth of plaque or lumps under the skin, even if they are not itchy, should not be neglected and require medical attention, Taipei-based Shu-Tien Clinic Cosmetic Surgery Department director Huang Chi-yi (黃季怡) said. The man decided to seek medical attention and was diagnosed with skin lymphoma, and the lump was surgically removed, she added. Skin lymphoma is a cancer that starts in immune system and skin cells, Huang said, adding that common symptoms include papules, patches, plaque, nodules or tumors, but early symptoms are not always painful. People who notice such symptoms should see a doctor for a thorough medical examination, Huang said. Skin lymphoma, when found early, can be surgically removed, or treated with chemotherapy and medication, she said.
Staff writer, with CNAThe US on Tuesday reiterated that it is interested in continued peace and stability in the Taiwan Strait and is opposed to changes to the “status quo” by either side. In response to questions on whether Taiwan issues would be discussed at the meeting, Thornton said that the topic is expected to be raised, as has been the case in similar discussions between Washington and Beijing. US officials are to say “we are very much interested in the continued stability and peace in the cross-strait area” to their Chinese counterparts if the Taiwan issue comes up, Thornton said. The US also wants to stress the importance of continued dialogue between the two sides of the strait to avoid any increase in tensions, she said, adding: “We think it’s very important to have open lines of communication.”The US does not want to see either side of the strait do anything that would be considered destabilizing, so “in that sense, we’ve always been opposed to changes in the status quo by either side,” she said. The US remains committed to its “one China” policy, she said, adding: “We’ll make clear that we remain faithful to those commitments [to the Taiwan Relations Act] as well.”The Taiwan Relations Act was enacted in 1979 by the US Congress to maintain commercial, cultural and other unofficial relations between the US and Taiwan after Washington switched diplomatic recognition to Beijing.
By Lee Ya-wen and Jonathan Chin / Staff reporter, with staff writerLocal fishing industry representatives on Wednesday voiced their opposition to plans for an offshore wind farm off the northern coastline, saying the project’s site overlaps with a fishing zone. The zone is one of the 36 locations that the Ministry of Economic Affairs identified as suitable for offshore wind-turbine construction in 2015. Equis Energy representatives said the corporation is in the process of drafting an environmental impact study and will broadly consult the opinions of all parties. After the meeting, Equis Energy representative Hu Ken-ti (胡根地) said offshore wind farms are important to the nation’s industrial and energy-supply transition, adding that success would require time and public support. The area designated for offshore wind farm construction, which is between 1km and 4km off the coast of Sanjhih, has a surface area of 54.6km2 and its depth varies from 40m to 80m, the company said.
By Lisa Wang / Staff reporterCathay Financial Holding Co (國泰金控) yesterday retained its forecast of 2.1 percent GDP growth this year, but warned that the economy is to lose steam next quarter on fragile leading indicators and domestic consumption. Inflation is expected to grow 1 percent annually this year, economists from Cathay Financial and the university said, matching the previous estimate in March. The bright spot is that the New Taiwan dollar might stabilize against the US dollar, ending an upward trend since the beginning of this year, they said. The NT dollar yesterday rose NT$0.029 to NT$30.442 against the US currency. Separately, private think tank Taiwan Research Institute yesterday raised its economic growth forecast by 0.27 percentage points to 2.01 percent.
By Chen Wei-han / Staff reporterMore than 700 key officials and politicians, including the president and vice president, are to be subjected to strict regulations against money laundering to ensure financial transparency and stability, the Cabinet said yesterday. An amendment to the Money Laundering Control Act (洗錢防制法), which was approved last year and is to take effect on Wednesday next week, stipulates that financial institutions and certain non-financial agencies must improve their review of clients who hold key political offices, as well as their relatives and close associates, to assess and manage the risk of money laundering. Financial institutions, lawyers, accountants, notaries, real-estate brokers, land officials and jewelers are required to increase their client review and compliance with money-laundering laws. The amendment would improve the nation’s anti-money laundering mechanism and rebuild financial regulations, Premier Lin Chuan (林全) said. To prepare for a review of the Asia/Pacific Group on Money Laundering (APG) next year, the Cabinet is to also legislate for international judicial cooperation and amend the Company Act (公司法) to improve the financial regulatory system, Lin said.
BloombergChinese billionaire Wang Jianlin’s (王健林) Dalian Wanda Group Co (萬達集團) was yesterday in focus as the shares and bonds of its units plunged. Wanda Film Holding Co (萬達電影) shares tumbled as much as 10 percent in Shenzhen, China, its biggest loss since January last year, before its shares were suspended from trading. The rout might have been caused by speculation that banks were issuing notices that they will sell Wanda bonds, the group said in a statement, adding that the rumor is false. Both companies are subsidiaries of Wanda Group, the property-to-entertainment conglomerate that has stood out in recent years for making acquisitions in Hollywood, such as the purchase of Legendary Entertainment. There is speculation about political risks surrounding the Wanda Group, Core-Pacific Yamaichi HK (京華山一) head of research Castor Pang (彭偉新) said.
“We found that all of the 17 Vietnamese children were relatives of the Vietnamese women who had acquired [Taiwanese] citizenship by marriage,” Yunlin District Prosecutors’ Office chief prosecutor Huang Yi-hua (黃怡華) said on Wednesday. These are not cases of child smuggling or international human trafficking, Huang added. Twenty-two suspects were charged with document forgery, 14 of whom are former Vietnamese citizens who came to Taiwan through marriage. The group said it was adoption by families who were certain the kids would be taken care of. Some of the children involved in the illegal adoption scheme have since obtained citizenship, but prosecutors said that they might be repatriated back to Vietnam, depending on the outcome of the trial.
Global technology brands tend to launch new products in the autumn, benefiting electronics components makers in their global supply chain. The jobless rate after seasonal adjustment stood at 3.79 percent, up 0.01 percentage points from a month earlier, the DGBAS report said. The rate was lowest among people who only finished junior-high school (2.85 percent), the report said. For the first five months, the jobless rate averaged 3.75 percent, lower than 3.88 percent in the same period last year, it said. Regular take-home wages averaged NT$39,826 in April, a 1.49 percent gain from a year earlier, the report showed.
She rejected Varela’s claim that he had told President Tsai Ing-wen (蔡英文) and ministry officials in a meeting that Panama would switch recognition to Beijing if the cross-strait “diplomatic ceasefire” ended. Although Panama and Taiwan have a good relationship, establishing relations with China was “the right thing to do,” given the end of the cross-strait “diplomatic truce,” Varela told the Inter-American Dialogue, a Washington-based think tank, on Wednesday. He described the “diplomatic truce” and increased cross-strait exchanges during former president Ma Ying-jeou’s (馬英九) time in office as a “success story,” which had suddenly changed. He had decided that Panama should turn to Beijing after China impressed him with its “economic might” during a trip in 2007. “Why should we not switch Panama’s diplomatic recognition?” he said, citing substantial Chinese investment and construction projects in his nation.
By Abraham Gerber / Staff reporterCalls to “fight to the finish” by pension reform opponents drew a tepid response yesterday as protester numbers continued to dwindle, with only a scattering gathered outside the Legislative Yuan in Taipei as the bill enters its final stretch. “If the Democratic Progressive Party [DPP] refuses to budge, we will adopt the harshest possible protest measures and a scorched-earth strategy,” National Federation of Teachers’ Unions director-general Huang Yao-nan (黃耀南) said. He blasted rumors that the final DPP version would be even harsher than that approved by the National Pension Reform Commission, tripling the speed at which preferential savings accounts would be eliminated and pension replacement ratios lowered. He said his federation and other groups affiliated with the Alliance for Monitoring Pension Reform had issued a mobilization call late on Wednesday following the breakdown of cross-caucus negotiations. In contrast, more than 300 police were mobilized to man the Legislative Yuan complex barricades and numerous nearby street corners, Zhongzheng First Police Precinct Chief Inspector Jason Yu (于增祥) said.
Diamond brokers have been using Italian banks to sell high-quality investment diamonds in a business that totaled at least 300 million euros (US$334.9 million at the current exchange rate) in sales in 2015, broker data showed. Diamond sales have taken off, as negative interest rates have curtailed bank revenues and rendered many other investments unattractive for clients. Banks make a one-off commission of at least 10 percent on diamond sales in return for putting the diamond brokers in touch with their clients, between whom the contract is signed. Selling diamonds with the promise of a financial return is banned in Italy unless regulated in the same way as other financial products, such as mutual funds. Banks and brokers have said they do not promise a financial return when selling the stones.
Staff writer, with CNA, PARISThe Taichung City Government inked a memorandum of understanding on cooperation with French software company Dassault Systemes SA and Taiwan’s Industrial Technology Research Institute (ITRI) in Paris on Wednesday as part of efforts to develop Taichung’s “smart machinery” industry. The agreement was signed at the Paris Air Show by Taichung Mayor Lin Chia-lung (林佳龍), Dassault senior executive vice president Bertrand Sicot and Lo Tzuo-liang (羅左良), a section chief at ITRI’s Smart Microsystem Technology Center. The Taichung Economic Development Bureau said the city hopes to establish a long-term partnership with Dassault to promote advanced industrial software and system simulation technology in Taichung and promote the company’s software among machinery makers.
AFP, AUCKLAND, New ZealandThe All Blacks say they have prepared to beat the British and Irish Lions’ rushed defense, with coach Steve Hansen yesterday saying that they have plans to counter their line speed. Hansen also dismissed claims by Lions coach Warren Gatland that he was “worried” ahead of the first Test between the world champions and the Lions in Auckland tomorrow. Apart from Ioane, Hansen picked a predictable All Blacks side, which includes the return from injury of captain Kieran Read. “I haven’t had any conversations about Gats [Gatland],” Hansen said. The Test is to take place at Eden Park in Auckland, where the All Blacks are undefeated in 23 years.
By Abraham Gerber / Staff reporterRule changes that profit a closed university in Pingtung County risk setting a dangerous precedent as the nation prepares for massive school closures and consolidations, union members said yesterday in a protest outside the Ministry of Education. The school submitted multiple transition plans, which were repeatedly rejected by the ministry. “Today, Yung Ta is a test case for public schools, because if the ministry does not take over its property, it is effectively giving it to the private school board,” union secretary-general Chen Cheng-liang (陳正亮) said. “The new rules add a requirement that schools must finish their transition and will be disbanded if they do not,” said Chang Chia-yu (張嘉育), a senior specialist at the ministry’s Department of Technological and Vocational Education. Provisions extending Yung Ta’s deadline were designed to avoid legal liability, she said, adding that the ministry could have been sued if it had applied the new rules retroactively.