The GuardianBoeing Co on Monday said that it could have its fleet of 737 MAX jets flying again by January as safety checks on the aircraft’s troubled flight software reach completion. The airplanes were grounded in March in the wake of two fatal crashes in the space of five months that killed 346 people. The 737 MAX was a staple of many airline fleets around the world. The first, involving multiple simulator evaluation tests on the software system with the FAA, had been completed, Boeing said. Still ongoing were tests by airline and FAA pilots, a final submission to the FAA and then tests by “global regulatory pilots to validate training requirements.”
November 12, 2019 16:05 UTC
AFP, BEIJINGNearly one-quarter of German companies operating in China are planning to relocate all or part of their business out of the country, according to a study released yesterday, with many blaming rising costs. The German Chamber of Commerce’s annual survey of 526 member firms in China found that 23 percent have either already decided to withdraw production capacity in the country or are considering it. One-third of those companies have planned to leave China entirely. The rest would transfer part of their business and production overseas, largely to lower-cost countries such as India or in Southeast Asia. One-third blamed an unfavorable public policy environment and one in four said the China-US trade dispute is having an impact.
“Although each overcharge represented a fraction of each trade, UBS’ misconduct involved deception and a pervasive abuse of trust resulting in significant additional revenue for UBS to which it was not entitled,” SFC chief executive Ashley Alder said in a statement. Officials said that UBS was found to have falsified account statements by misreporting the spread amounts for the trades. The overcharge practices affected about 5,000 Hong Kong-managed client accounts in about 28,700 transactions, it added. UBS was fined HK$400 million (US$51 million) and the SFC said the bank would repay the full value of the overcharged amount together with interest, which would amount to about HK$200 million. The bank was among a number of lenders that were told in March to pay a combined HK$787 to settle cases linked to their work on initial public offerings in the territory.
AP, HONG KONGPolice and protesters yesterday battled outside university campuses and several thousand demonstrators blocked roads as they took over a central business district at lunchtime in another day of protest in Hong Kong. The clashes followed an especially violent day in Hong Kong’s five months of anti-government demonstrations, in which police shot one protester and a man was set on fire. Police used tear gas in face-offs with protesters in and around universities, where classes were canceled. Office workers filled the sidewalks and overhead walkways to watch the action, with some joining the protesters in chanting. Both remained hospitalized yesterday, the shot protester in serious condition and the man who was burned in critical condition, the Hong Kong Hospital Authority said.
The GuardianA distinctly two-tone Vietnamese mouse deer that was feared lost to science has been captured on film foraging for food by camera traps set up in a Vietnamese forest. The photographs of the rabbit-sized animal, also known as the silver-backed chevrotain, are the first to be taken in the wild and come nearly 30 years after the last confirmed sighting. The silver-backed chevrotain is a half-painted beast: Behind the russet head, neck and front legs lies a silver-gray body and hind legs with by a white, grizzled bottom. Though probably preyed on by leopards, wild dogs and pythons, scientists fear that hunters’ snares have pushed the species to the brink of extinction. Based on the information, the scientists installed three camera traps in a lowland forest in southern Vietnam.
By Shelley Shan / Staff reporterThe Civil Aeronautics Administration (CAA) yesterday denied that it has rejected requests for additional cross-strait flights for the Lunar New Year holiday, adding that Taiwan and China are still in discussions. “Following precedent, we are still gauging the demand for additional cross-strait flights for the Lunar New Year holiday by surveying Taiwanese businesspeople and students in China. We are also ascertaining the airlines’ capacity for offering more flights,” the CAA said. “Due to a significant decrease in the number of Chinese tourists, a large percentage of regular flights across the [Taiwan] Strait have not been fully utilized. We are conducting a survey to see if there is still a need for additional flights,” the CAA said.
The latest incident involves the wife of Kaohsiung Mayor Han Kuo-yu (韓國瑜), the Chinese Nationalist Party’s (KMT) presidential candidate. Lee Chia-fen (李佳芬) called the Ministry of Education’s efforts to promote Hoklo a waste of time and resources. Fervent supporters might believe what Han and Lee say without question, but that does not bode well for society. It appears that the rationale behind Lee’s comment is that learning these languages in school instead of at home would hinder students learning foreign languages, namely English. The nation’s English education environment has long been incompetent — even when students were only learning Mandarin and English at school — and it definitely needs fixing.
The Chinese e-commerce giant’s annual Singles’ Day shopping blitz on Monday brought in a record 268.4 billion yuan (US$38.38 billion) in sales, more than six times the amount of online sales made in the US on Black Friday last year. Citic Securities Co (中信證券) had predicted a 20 to 25 percent expansion, while Daiwa Capital Markets Inc had an estimate of 23 percent. “I think this year especially, people were kind of waiting for Singles’ Day and kind of waiting to make some of those medium-sized purchases that they didn’t want to pay full price for,” he said. “I saw them selling electronic toothbrushes at 9.9 yuan, and 65-inch TV sets at 1,800 yuan. People in lower-tier cities and towns can afford these products and in fact, they like big TVs more than city people, because they usually have larger houses,” Liu said.
Since then, the name “Lee Soo-hyun” has been a symbol of reconciliation between Japan and South Korea. then-Japanese emperor Akihito and then-empress Michiko attended the screening and expressed their condolences to the student’s parents, who were also in attendance. In June, the film was followed by a documentary about Lee Soo-hyun’s parents called I Am a Bridge, which was released in Japan and South Korea. Since then, Taiwan and Japan have helped each other cope whenever either of them has been struck by a disaster. From tourism in Taiwan to a pearl milk tea trend, Japanese have not grown tired of a “Taiwan craze.”
The loss ranked Nan Shan, which last year was the most profitable life insurer in Taiwan, as second-worst for earnings among domestic insurers last month, only better than Shin Kong Life Insurance Co (新光人壽), which posted a net loss of NT$253 million. The policies used to account for about 45 percent of all first-year premiums, data released by Nan Shan and the commission showed. The insurer’s inability to sell investment-linked policies has put a serious dent in its business, Nan Shan labor union president Yan Ching-lung (嚴慶龍) told the Taipei Times yesterday. Nan Shan could resume selling the policies after its system is fixed and it passes an inspection by an independent third party, the commission said. That was followed by Cathay Life Insurance Co’s (國泰人壽) net profit of NT$32.63 billion over the same period, Fubon Life Insurance Co’s (富邦人壽) NT$27.43 billion, Shin Kong Life’s NT$13.28 billion, Taiwan Life Insurance Co’s (台灣人壽) NT$14.37 billion and China Life Insurance Co’s (中國人壽) NT$13.87 billion, data showed.
By Lee I-chia / Staff reporterAdenovirus infections, which can cause respiratory illnesses, exceeded influenza cases last week, and adenovirus infections might enter a peak period this month, the Centers for Disease Control (CDC) said yesterday. It was the first time that adenovirus infections exceeded the percentage of flu virus infections this year, he said. “There might be a short peak period for adenovirus infections in November, causing more children to experience cold-like symptoms,” he added. There is no specific antiviral to treat adenovirus infections, he added. The CDC urged people to wear masks, seek medical treatment and rest at home if they develop respiratory tract symptoms to avoid spreading the disease.
By Ann Maxon / Staff reporterChinese Nationalist Party (KMT) Legislator Wang Jin-pyng (王金平) yesterday said that he would not join next year’s presidential election, because the People First Party (PFP) has decided to nominate PFP Chairman James Soong (宋楚瑜) as its presidential candidate instead. “Unfortunately, I have lost my last chance to run in the presidential election. Likewise, stoking hatred for the Democratic Progressive Party would not make the nation better, he said, adding that Taiwan needs a more tolerant, middle-of-the-road approach. KMT deputy spokeswoman Hung Yu-chien (洪于茜) said that the party respects Wang’s decision and hopes he would help it return to power next year. The registration deadline for party-nominated candidates in the presidential election is Friday next week.
By Tsai Wen-chu and Sherry Hsiao / Staff reporter, with staff writerTainan’s population of those aged 20 to 49 has fallen by about 67,000 since Tainan city and county merged to form the special municipality in 2010, Democratic Progressive Party Tainan City Councilor Chiu Li-li (邱莉莉) said on Monday. In December 2010 — when the merger took effect — there were 895,457 people between the ages of 20 and 49 in Tainan, Chiu said while questioning Tainan Mayor Huang Wei-che (黃偉哲) at the Tainan City Council. Tainan’s population has declined for 10 consecutive months, from 1,883,831 in December last year to 1,881,204 last month, she said. The city government wants to help young people who are starting out in life, but it still hopes they remain independent, he said. The Tainan City Government has responded by running a pilot subsidized subletting program, he said.
He asked whether this would signal closer military cooperation with the US. Yen said that Taiwan’s participation in the Indo-Pacific strategy is a response to enemy activities. Apart from the 2,000 aircraft, the Chinese Communist Party has also sailed aircraft carriers through the Strait, which has put the nation under greater military threat, Yen said. Yen said that the F-35 would not fit the nation’s need to strengthen its air force quickly. Tseng then asked whether the nation would “buy whatever the US wants us to [buy],” to which Yen replied: “No.”
Staff writer, with CNAA naturalization request from French filmmaker Jean-Robert Thomann, who has documented Taiwanese culture over the past two decades, has been approved by the government for his contributions to the promotion of local culture overseas. The 48-year-old said his first encounter with Taiwan was in March 1996 when he came with his Taiwanese then-girlfriend due to his love of movies. Twenty-three years after his first visit, he has made 16 documentaries on Taiwanese culture and two feature films. However, it was not until earlier this year that he decided to pursue Taiwanese citizenship after the household registration office in Taipei’s Wanhua District (萬華), where he lives, informed him of the opportunity to be naturalized without having to give up his French citizenship, he said. Previously, applicants had to give up their original citizenship to become a Taiwan citizen, making many reluctant to do so.