Taiwan

Mysterious powder causes illness to 30 Taipei residents

Mysterious powder causes illness to 30 Taipei residentsTaipei - Some 30 Taipei residents were being treated for discomfort caused by a mysterious powder which spilled out of a broken bottle on a Taipei street Tuesday.

The incident occurred Tuesday morning on Chunghua Road when a glass bottle fell from a vehicle and was run over by another car, releasing a yellow powder from the bottle, cable television channel ETTV said.

The powder flowed into the air, causing itchy eyes and breathing difficulties to some 30 passers-by and motorcyclists.

Taiwan heads for property slowdown

Taipei - Taiwan's property market, hit hard in the last few months by the global downturn and a drastic domestic stock plunge, is likely to enter a recession from next year, property dealers and analysts said.

"Beginning next year, the property market here is likely to see obvious slowdown, which could last two to four years," said Chang Chin-oh, land economics professor at Taipei's National Chengchi University.

Stanley Su, senior researcher of Sinyi Real Estate Inc, a leading Taiwan property brokerage group stressed that even with the slowdown, its scale would be smaller in Taiwan than that in other countries.

Taiwan stocks rise more than 5 per cent

Taiwan stocks rise more than 5 per centTaipei - Taiwan s

Taiwan's DPP to stage mass protest against China's top negotiator

Taipei - Taiwan's pro-independence Democratic Progressive Party (DPP) Monday announced it will stage a large-scale march next weekend to protest against a planned visit by China's top negotiator Chen Yunlin.

"The theme of our protest includes opposition to a one-China market, opposition to hollowing out of our sovereignty to China and opposition to the impotent Ma Ying-jeou government," said DPP spokesman Cheng Wen-tsan.

He said any people, including former president Chen Shui-bian, who support the theme are welcomed to join the DPP's protest on October 25.

Taiwan stocks down by more than 2 per cent

Taipei - Taiwan stocks fell more than 2 per cent Monday despite government measures to stabilize the stock market amid global jitters.

The TAIEX index plunged more than 3 per cent in mid-session trading but closed at 5,020.44, down 110.27 points or 2.15 per cent from the last trading day.

The plunge occurred despite the Taiwan government's announcement of three measures to shore up the stock market.

The new measures including limiting stocks' rise or fall to 3.5 per cent, down form the previous 7 per cent in any trading session, extending the ban on short-selling and continuing to use the National Stabilization Fund to continue to intervene in the market.

Taiwan stocks dive more than 3 per cent

Taiwan Stock ExchangeTaipei - Taiwan stocks plunged more than 3 per cent Monday despite government measures to stabilize the stock market amid global jitters.

Two hours into trading, the TAIEX index had fallen 156.22 points, or 3.04 per cent, to 4,974.71.

The plunge occurred despite the Taiwan government's announcement of three measures to shore up the stock market.

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