Taiwan Stock Market Due For Support On Monday

The Taiwan stock market has finished lower in three straight sessions, sinking more than 660 points, or 2.5 percent, during that span. The Taiwan Stock Exchange (TSE) now sits just above the 25,580-point plateau, although it may find traction on Monday.

The global forecast for Asian markets is upbeat, buoyed by an improved outlook for interest rates. European and U.S. markets were up recently, and Asian bourses are expected to open similarly.

On Friday, the TSE finished sharply lower following losses in financial shares, technology stocks, and plastics companies. The index plummeted 443.53 points, or 1.70 percent, to close at 25,580.32 after trading between 25,469.04 and 25,998.28.

Among the active stocks:

– Cathay Financial dropped 0.91 percent
– Mega Financial edged up 0.12 percent
– First Financial sank 0.84 percent
– Fubon Financial dipped 0.16 percent
– E Sun Financial shed 0.45 percent
– Taiwan Semiconductor Manufacturing Company retreated 1.52 percent
– United Microelectronics Corporation rallied 1.24 percent
– Hon Hai Precision plunged 4.57 percent
– Largan Precision declined 1.28 percent
– Catcher Technology tumbled 1.60 percent
– MediaTek tanked 2.60 percent
– Delta Electronics plummeted 4.07 percent
– Novatek Microelectronics slumped 1.36 percent
– Formosa Plastics stumbled 1.29 percent
– Nan Ya Plastics crashed 3.18 percent
– Asia Cement rose 0.13 percent
– CTBC Financial remained unchanged

The lead from Wall Street is positive as major averages opened higher on Friday and spent most of the day in the green. The Dow jumped 299.97 points, or 0.65 percent, to finish at 46,247.29, while the NASDAQ advanced 99.37 points, or 0.44 percent, to close at 22,484.07. The S&P 500 gained 38.98 points, or 0.59 percent, ending at 6,643.70.

For the week, however, the NASDAQ slid 0.7 percent, the S&P 500 fell 0.3 percent, and the Dow dipped 0.2 percent.

The strength on Wall Street reflected a positive reaction to a closely watched Commerce Department report showing consumer prices rose in line with economist estimates in August. The data helped increase confidence that the Federal Reserve will continue lowering interest rates in the coming months.

Crude oil prices advanced on Friday as Russia restricted fuel exports by introducing a partial ban on diesel exports until the end of 2025. West Texas Intermediate (WTI) crude for November delivery was up $0.59, or 0.91 percent, at $65.57 per barrel.

*The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.*
https://www.nasdaq.com/articles/taiwan-stock-market-due-support-monday

49ers Fall One Score Behind Jaguars; 5 Takeaways from #JAXvsSF

The San Francisco 49ers concluded their Week 4 matchup with a close 26-21 loss to the Jacksonville Jaguars.

The game took place at Levi’s Stadium, where the 49ers fought hard but ultimately fell short against their opponents.

Despite their efforts, the team was unable to secure a win on their home turf, leaving fans eager for the next opportunity to bounce back.
https://www.49ers.com/news/49ers-fall-one-score-behind-jaguars-5-takeaways-from-jaxvssf

Bhopal News: Gau Rakshak Group, Locals Clash Over Calf At Kolar Road Area

Tension Erupts Over Calf’s Condition in Bhopal’s Kolar Road Area

Bhopal (Madhya Pradesh): Tension flared in the Kolar Road area on Sunday when members of a self-proclaimed Gau Rakshak Dal and a local family got into a scuffle over the condition of a calf. The incident took place at the residence of Saroj Trivedi in Vandana Nagar and ended with complaints being filed by both parties, prompting police to initiate an investigation.

According to reports, around four to five persons identifying themselves as members of Bajrang Dal and Gau Raksha arrived at Trivedi’s house, claiming that a calf on the premises was unwell. Trivedi denied the claim and insisted the calf was fine. The discussion quickly escalated into an argument, followed by verbal abuse and a physical altercation.

Following the incident, Saroj Trivedi submitted a written complaint at the Kolar Road police station. Meanwhile, Gau Rakshak members—Priyanshu Gupta, Rohit Balmik, and Abhishek Rajput—filed a counter-complaint. They alleged that they had come only to help the calf based on information received but were instead verbally abused and physically assaulted by the family.

Kolar police station in-charge Sanjay Soni confirmed that written complaints from both sides have been received. He added that legal action will be taken after a thorough investigation into the matter.

Cow Slaughter Accused Arrested Under NSA in Aishbagh

In a separate development, Aishbagh police arrested an accused in a cow slaughter case under the National Security Act (NSA) on Sunday. Vijay Bahadur Singh Sengar, in-charge of Aishbagh police station, said a special team was formed to execute the NSA arrest warrant.

The accused, identified as Mohd Rusi (48), son of Mohd Jabbar and resident of Kammu Ka Bagh, Aishbagh, was wanted in connection with cow slaughter. An NSA warrant had been issued against him earlier.

On Sunday, police received a tip-off that the wanted man was seen near Subhash Crossing. The team rushed to the spot and took him into custody. After a medical examination, the accused was produced before the magistrate and later sent to jail.

https://www.freepressjournal.in/bhopal/bhopal-news-gau-rakshak-group-locals-clash-over-calf-at-kolar-road-area

Feds Say Detroit Man Fabricated 1,200 Students to Steal $16M

**Two Detroit Men Charged in Major Federal Student Aid Fraud Scheme**

*By E. Pluribus Unum | September 28, 2025*

Two Detroit men have been charged with defrauding the federal higher education financial aid system, according to an announcement from United States Attorney Jerome Gorgon.

The first complaint charges Brandon Robinson, 41, of Detroit, with wire fraud related to false Federal Student Aid (FSA) claims submitted in the names of other individuals. Between January 2015 and February 2024, Robinson submitted fraudulent FSA claims for more than 1,200 individuals. These claims involved over 100 schools across 24 states.

Robinson’s scheme resulted in the awarding of over $16 million in FSA benefits, with more than $10 million already disbursed. Additionally, the complaint alleges that Robinson filed over 100 fraudulent unemployment insurance (UI) claims between April 2020 and March 2023, causing the disbursement of over $1 million in UI benefits.

Robinson was arrested earlier this week and appeared in federal court this afternoon on the charges. Court documents reveal that Robinson led a years-long scheme to obtain fraudulent Federal Student Aid funds using so-called “straw students” who were enrolled primarily to receive FSA benefits.

The second complaint charges Michelle Hill, 48, also of Detroit, with wire fraud in connection with a separate FSA scheme. Hill was arrested earlier this week and made her initial appearance in federal court.

According to court documents, between July 2015 and July 2025, Hill obtained fraudulent FSA benefits involving more than 80 individuals, mostly enrolled at Wayne County Community College. The complaint alleges that many of these individuals were enrolled in the same or similar degree programs and taking the same or similar online courses.

Furthermore, it is alleged that Hill often completed coursework on behalf of these students to create the appearance that they were progressing toward degrees. This deception served to prolong their eligibility for FSA benefits.

As a result of this elaborate scheme, substantial federal aid funds were fraudulently obtained.

*Topics:* Crime / Corruption
*Keywords:* Federal Student Aid, Fraud, Wire Fraud, Unemployment Insurance Fraud, Detroit, Wayne County Community College

**Comments:**

– *E. Pluribus Unum*: Fraud in a federal program??? I don’t think so. Those people are pretty careful with a buck.

– *shelterguy*: Fraud in Medicare & Medicaid will curl your hair. Any doctor or fake doctor can file a claim for fake services rendered.

– *Bobbyvotes*: The FSA is in dire need of a deep-dive audit.

– *lee martell*: Another Robinson.

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https://freerepublic.com/focus/f-news/4343180/posts

Liam Coen, Robert Saleh exchange words after Jaguars-49ers game

In the days leading up to Sunday’s game between the Jaguars and the 49ers, San Francisco defensive coordinator Robert Saleh praised the Jacksonville coaching staff for their ability to legally steal signals. However, Jaguars coach Liam Coen didn’t appreciate the implication behind Saleh’s comments.

After the game, Coen had some strong words for Saleh. Fortunately, he was steered away from what could have escalated into a much worse situation, especially if things had turned physical.

During his post-game press conference, Coen tried to downplay the incident, stating that he would “keep the exchange between us.” Meanwhile, Saleh was reportedly only intending the comment as a compliment, not as an accusation.

Despite Saleh’s intentions, Coen—who is known in some circles for having a short fuse—did not take it that way. Looking ahead, when Saleh next speaks to reporters, expect him to reiterate that his comment was meant as a compliment, not a suggestion that the Jaguars were breaking any rules.

Saleh is also likely to acknowledge that he should have chosen his words more carefully to avoid any connotation of cheating.
https://www.nbcsports.com/nfl/profootballtalk/rumor-mill/news/liam-coen-robert-saleh-exchange-words-after-jaguars-49ers-game

At Least 2 Dead After a Shooter Attacked a Mormon Church

During the course of the incident, a fire occurred, which we believe was deliberately set by the suspect.

We anticipate that additional victims may be discovered once the scene is secured.

The fire was extinguished just within the past hour by the Grand Blanc Township Fire Department.
https://www.nytimes.com/video/us/100000010426647/michigan-fire-church-shooting.html

Trump confident ahead of Monday showdown, says Dems’ position makes shutdown likely

Washington — President Trump said Sunday that a government shutdown is likely unless top Democrats back down from their negotiating position.

“I just don’t know how we are going to solve this issue,” Mr. Trump said in a phone interview with CBS News.

Mr. Trump also expressed confidence that the American people will side with him if government funding expires in the coming days. He believes Democrats will pay a political price for not working with him, on his terms, to further cut spending.

“They’re not interested in fraud, waste and abuse,” Mr. Trump said of the Democrats.

The president is scheduled to meet Monday with congressional leaders ahead of the Oct. 1 deadline for lawmakers to reach an agreement on a spending bill that would avert a shutdown.

A source close to Mr. Trump told CBS News that the president privately welcomes the prospect of a shutdown because it will enable him to wield executive power to slash some government programs and salaries.

Last week, the White House Office of Management and Budget sent a memo to federal agencies instructing them to prepare layoff plans if there is a government shutdown. The memo, obtained by CBS News, directs agencies to consider reduction-in-force (RIF) notices—a federal term for layoffs—for employees in programs, projects, or activities with discretionary funding that stops on Oct. 1 or that lack alternative funding sources.

The memo further states that employees should receive RIF notices if they work in programs or projects “not consistent with the President’s priorities.”

In the interview Sunday, Mr. Trump criticized the Democrats’ current demands, which in recent weeks have focused on extending Affordable Care Act insurance subsidies, calling them ill-advised.

Instead, Mr. Trump said, if the Democrats want to discuss health care, they should work with him to prevent undocumented migrants from accessing public benefits.

“The Democrats, incredibly, want to keep their old policies of open borders and we’re not going to have it. We’re not going to allow it,” Mr. Trump said.

He added that any possible health-care negotiations must address immigration and border-related matters; otherwise, “It’s just not acceptable for us.”

Democrats have forcefully pushed back against Mr. Trump’s characterization of their positions on both government funding and immigration. They emphasize that people who are in the U.S. illegally are not eligible to receive Medicaid coverage.

“Donald Trump knows, or at least I think he knows, that current federal law prohibits using taxpayer dollars for undocumented immigrants in connection with their health care. And no one is trying to change or reverse that law,” House Minority Leader Hakeem Jeffries told MSNBC on Saturday.

“What we are doing is fighting to protect the healthcare of everyday Americans in the midst of this Republican-caused crisis that is devastating hospitals and nursing homes and community-based health clinics,” Jeffries added.

Mr. Trump is scheduled to meet Monday with Senate Majority Leader John Thune, Senate Minority Leader Chuck Schumer, House Speaker Mike Johnson, and Jeffries. The meeting comes after the president canceled an initial session last week, citing the Democrats’ “unserious and ridiculous” demands.

Earlier this month, the House approved a GOP-led continuing resolution to keep the government funded until Nov. 21. However, Democrats put forward their own proposal to keep the government funded until Oct. 31, including other party priorities such as their health-care request.

In the Senate, where 60 votes are needed to advance most legislation, both the House-passed bill and the Democrats’ proposal fell short.

The Democrats’ proposal includes a permanent extension of enhanced tax credits for Americans purchasing health insurance through the Affordable Care Act marketplace, which Democrats have described as a red line for their support.

The proposal would also roll back cuts to Medicaid in Mr. Trump’s “big, beautiful” bill and restore funding for public broadcasters that was rescinded earlier this year.

The Senate is returning to Washington on Monday after a weeklong recess and will have little time to act to avert a shutdown.

Echoing Mr. Trump, Senate Majority Leader John Thune told NBC’s “Meet the Press” that it’s “totally up to the Democrats” whether the government shuts down, noting “there is a bill sitting at the desk in the Senate right now” that the House passed to keep the government open.

“This decision, in my judgment at this point in time, is up to a handful of Democrats,” Thune said. “We need eight Democrats to pass it through the Senate.”

Senator Amy Klobuchar, a Minnesota Democrat, told “Face the Nation” Sunday that “Democrats are united in pushing” on the health-care issue and expressed optimism about the upcoming meeting.

“This is an opportunity for the country because of one big problem, and that is that the Republicans have created a health care crisis,” Klobuchar said. “My constituents, Americans, are standing on a cliff right now with these insurance premium increases that are upon them.”

— Contributed to this report
https://www.cbsnews.com/news/trump-confident-government-shutdown-meeting/

MGEN eyes backdoor listing for renewable energy unit

Meralco PowerGen Corp. (MGEN) is considering a backdoor listing of its renewable energy unit next year as it prepares to develop a second mega solar park in Luzon.

MGen president and CEO Emmanuel Rubio shared that the company is currently focusing on strengthening MGen Renewable Energy, Inc. (MGreen) by acquiring more land.

In a recent conversation, Rubio emphasized the group’s commitment to expanding its renewable energy portfolio to support sustainable growth.
https://business.inquirer.net/549641/mgen-eyes-backdoor-listing-for-renewable-energy-unit