Taipei: The lead stories in major Taiwan dailies on Wednesday focus on the fragile ceasefire agreement between Israel and Iran. The situation remains tense as both nations have reportedly continued shelling despite an agreement to halt hostilities.

According to Focus Taiwan, the China Times highlights former U.S. President Donald Trump’s criticism of both Israel and Iran, as he believes the ceasefire agreement is on the verge of collapsing. His comments have added to the uncertainty surrounding the fragile peace efforts in the region.

The United Daily News reports that despite the ceasefire agreement, shelling has persisted, raising concerns about the sustainability of peace efforts. The ongoing conflict is closely monitored by international observers who fear a potential escalation.

The Economic Daily News covers the impact of the ceasefire on financial markets, noting that the agreement has led to a boost, reflecting investor optimism about potential stability in the region. However, market analysts caution that continued hostilities could undermine this positive trend.

In domestic news, the Liberty Times reports on statements by Lai, who emphasizes the importance of addressing national issues through elections and recalls. Meanwhile, the Taipei Times features Lai’s call for national solidarity to protect the nation, urging citizens to unite in the face of external threats.

In other global economic developments, the Commercial Times reports on Federal Reserve Chairman Jerome Powell’s testimony in Congress, where he conveyed that there is no immediate plan to reduce interest rates, signaling a cautious approach to economic policy.