Reported about 1 year ago
Kyoto Financial Group Inc., led by Nobuhiro Doi, is defying the trend of unwinding cross-held shares in Japan by keeping its substantial strategic holdings in companies like Nintendo and Nidec, resulting in over $6 billion in unrealized profits. Despite pressure to reduce these stakes for better corporate governance, Doi plans to explain the bank's rationale to shareholders and seeks understanding for the massive paper gains accumulated over the years. The bank aims to engage with overseas investors and disclose a reduction plan around November while maintaining most of its strategic investments.
Source: YAHOO
Reported about 1 year ago
CTWANT Weekly | Entertainment Section July 8, 2024, 6:00 PM. Wu Jian and a man had a dispute at Legacy's 'Authentic Chinese Golden Songs Night' where they were physically confronted, leaving bystanders puzzled. Celebrities being involved in street conflicts is not unheard of, with Xiu Jiekai and Wang Bojie getting into a fight at a KTV in March earlier this year, making headlines. These incidents highlight the unpredictability of such altercations, with the victims often left bewildered by the events.
Source: YAHOO
Reported about 1 year ago
Malaysian actor Xie Jiajian, known for his roles in various dramas after coming to Taiwan, was recently spotted with longtime friend Sun Weiting shopping and dining together, both wearing matching hats, showcasing their close bond. The two friends have been rumored to be in a relationship for years, with Sun often seen caring for Xie's pet dog. Despite the rumors, Xie openly acknowledges their friendship and the two often share adorable photos of the dog on social media.
Source: YAHOO
Reported about 1 year ago
Interview with Chinese director Shen Ao reveals insights into his film 'The Big Bet,' which uncovers the dark side of a telecommunications scam with cruel control tactics and deception, resulting in a remarkable box office success of 3.8 billion RMB (17 billion TWD). Shen Ao's motivation for the film stemmed from a personal encounter with a friend's friend who tragically fell victim to an online gambling scam, leading him to raise awareness through cinema. The film's impact has even aided in reducing crime rates, proving the unexpected influence it has garnered in the realm of deceit and scams.
Source: YAHOO
Reported about 1 year ago
Feng Xiaoyue attended the launch event for Kuo Yuan Ye's premium salted egg yolk pastry, showcasing the combination of Taiwanese red bean paste and Italian AMEDEI chocolate in the new mooncake. The unique flavors of the pastry, including carefully curated ingredients like 40-day marinated, slow-cooked egg yolks and handcrafted 27-layer flaky pastry, impressed with the introduction of the new flavor 'Premium Salted Egg Yolk Pastry - AMEDEI Chocolate'. Kuo Yuan Ye will open a new store on July 15 at Taipei Main Station, offering freshly baked pastries for customers to enjoy on-site.
Source: YAHOO
Reported about 1 year ago
Taiwanese politician and Tainan City Fishermen's Association director Lin Shijie was assassinated in front of his home in Tainan, marking the most serious security incident in Tainan since the 88 Shooting Incident. Former legislator Guo Zhengliang pointed out that the case involving Lin Shijie has numerous related interests, indicating an unusual severity as Prosecutor General Xing Taizhao personally ordered the Southern Prosecutor's Office and police to jointly investigate the case. The assassination has raised discussions due to its complexity and connections to political ecology in Tainan.
Source: YAHOO
Reported about 1 year ago
Intel's stock price surged 6.2% in Monday's trading session, driven by bullish coverage from analyst Ben Reitzes and anticipation surrounding upcoming processors that could boost the company's position in AI and gaming hardware. Reitzes identified Intel as a top AI play for the second half of 2024, citing potential demand from Microsoft's new Recall AI feature for Intel's Lunar Lake CPU line. Additionally, reports of Intel launching a new GPU for gaming in 2025 further fueled investor optimism about the company's expansion in the GPU market.
Source: YAHOO
Reported about 1 year ago
Coca-Cola's recent stock performance showed a 1.25% decline, trailing behind the S&P 500. Despite a 0.23% monthly loss, it was not as severe as the Consumer Staples sector's 2% drop. Market watchers anticipate Coca-Cola's upcoming earnings announcement on July 23, 2024, with expected EPS at $0.80 and revenue at $11.87 billion. Analysts predict a full-year earnings of $2.82 per share and revenue of $45.81 billion. A Zacks Rank of #3 (Hold) is currently assigned to Coca-Cola.
Source: YAHOO
Reported about 1 year ago
A man surnamed Lin in New Taipei City fell to his death from a high-rise building while trying to escape arrest for involvement in distributing private videos, which led to the discovery of underage private videos. The police operation targeted the 'Creative Private Room' and 'Scumbag Channel' cases, where the suspect falsely claimed to go to the bathroom but attempted to escape through a window and tragically died. The suspects were involved in spreading unauthorized sexual videos, and one suspect, Lin, a 24-year-old engineer, lived in a luxury apartment with his father in Banqiao. The 'Scumbag Channel' was set up by an individual named Xu, who profited tens of millions by illegally distributing private videos. Lin fell from the 19th floor during the arrest operation and succumbed to his injuries despite emergency medical attention. The private videos ordeal stemmed from a fallout between Xu and the founder of the Creative Private Room forum over profit sharing. Xu initially claimed to root out the 'mole' but was engaging in illicit activities himself, profiting from the unauthorized videos.
Source: YAHOO
Reported about 1 year ago
Maria Menounos recently showcased the idea of shopping in your own closet by wearing a 15-year-old red dress to a friend's wedding. The TV host emphasized the importance of rewearing outfits, mentioning the convenience and comfort of having staple pieces in your closet, especially during early motherhood. Menounos, who became a mom via surrogate in 2023, has been candid about her fertility journey and the joy of motherhood.
Source: YAHOO
Reported about 1 year ago
Recently, it was reported that actress Chen Tien-jen, who divorced actor Chou Hsiao-an last year, is now in a relationship with singer Wang Yi. The two were spotted together in Japan and America, sharing similar photos on social media, indicating a budding romance. Despite being a single mother, Chen Tien-jen's love life seems to be flourishing, with speculations of a romantic involvement with Wang Yi in a discreet brother-sister affair. Both individuals are pursuing their studies abroad, with Wang Yi studying at Stanford University, while Chen Tien-jen recently expressed that they are just friends. Wang Yi, a talented singer, garnered attention at the age of 20 when he released his first album, but now focuses on his studies in audio engineering and music at Stanford.
Source: YAHOO
Reported about 1 year ago
On July 8, 2024, Kinmen County Commissioner Zhang Zhen-Wang, chairman of the Nationalist Party, was detained and denied visits by the Taoyuan District Prosecutors' Office over corruption allegations and was released on bail of NT$5 million; evidence suggests he was involved in an illicit scheme related to the development of the Huaya Technology Park. Key evidence implicating Zheng in corruption includes a translated transcript from a bug mentioning sending money to him, and footage of an individual carrying a black bag entering his residence. Upon learning of the investigation, Zheng rushed to repay the money, claiming it was a loan relationship. Despite initial dismissals by the Taoyuan District Prosecutors' Office due to insufficient evidence, the case was reopened three years ago and saw action in June, leading to the arrest and detention of individuals involved, with Zheng denying any wrongdoing and resigning as chairman of the Nationalist Party. Despite professing innocence, the corruption scandal continues to unfold; Zheng was ordered to post bail of NT$5 million. On his 57th birthday, Zheng was arrested and bailed out, causing a stir across various sectors. Zheng's past controversies include degree revocation for plagiarism and a leaked video; he has vigorously denied these claims and vowed to defend his innocence. More on the story can be found in the full article.
Source: YAHOO
Reported about 1 year ago
In the farthest and least populated Qingdao Building of the Legislative Yuan, where Chen Yu-chen's office is located, plans are being made to add washing facilities and potentially hire massage therapists. They aim to prepare for any physical conflicts that may arise during parliamentary sessions. Chen's office's interior decoration, including the addition of a smoking room and a broadcasting room, has raised questions about expense reporting as well. Chen, known for her aggressive parliamentary tactics, made headlines for entering a committee meeting with wet hair after visiting a beauty salon on the premises. Despite the controversy, Chen remains unapologetic about her actions, claiming her focus is always on legislative matters.
Source: YAHOO
Reported about 1 year ago
Following the Ministry of Labor fining Chang Gung Memorial Hospital 100,000 NTD for suppressing the union, the hospital suspended union chairman Lin Chang-Chi. When heart specialist Lin Chang-Chi noticed a female doctor named Tseng's annual performance skyrocketing from less than 10,000 NTD to over 300 million NTD, he raised concerns and initiated an investigation. This led to him being penalized, losing his job in July. Lin suspected Tseng of achieving the surge in performance single-handedly and reported to authorities, leading to a dispute with the hospital regarding Tseng's earnings and ultimately his dismissal. Ministry of Labor investigations found discrepancies in the hospital's report, leading to a 100,000 NTD fine and Lin's dismissal.
Source: YAHOO
Reported about 1 year ago
Investors who prefer to time the market when buying stocks may not accumulate wealth as effectively as those who invest regularly. Over the past 20 years, a test was conducted where investing a fixed amount monthly without considering market highs or lows resulted in accumulating a total asset of 5.76 million NTD. This significantly surpassed the strategy of waiting for market lows to buy in, showing the power of consistent investments over trying to time the market. Therefore, for long-term planning, maintaining a disciplined monthly investment rather than trying to time the market seems to be the more effective strategy.
Source: YAHOO
Reported about 1 year ago
Director Liau Ming-yi, known for his film 'Monster' four years ago, recently released a new movie 'Nightmare of Love' starring actors Lin Bo-hung, Xie Xin-ying, and Hsiang Chieh-ju, shifting the focus to controlling desires in relationships and adding a touch of fantasy thriller to urban romance. The film, Liau's second shot entirely with an iPhone, underwent a year and a half post-production period to enhance it with precise editing and seamless special effects. The storyline follows a guy who falls in love with a controlling girl, wishes for a different girlfriend in a dream, and wakes up to find his wish granted, sparking unexpected twists. Liau aims to portray common relationship issues faced by guys, where they tend to avoid emotional entanglements, leading to an intriguing plotline involving a wish-granted girlfriend switch, with the twist being that the new girlfriend turns out to be a girl the guy idolizes on Instagram, adding a sense of magical realism to the narrative.
Source: YAHOO
Reported about 1 year ago
Sodagreen's bassist, Shing-Yi, has been married for 6 years but is now facing marital issues due to her husband's infidelity. While the band is on their 'One Moment in Twenty Years' world tour, Shing-Yi's marriage has hit a rough patch as rumors circulate about her husband's betrayal. Known for her low-profile and reserved nature, Shing-Yi has rarely discussed her marriage publicly. Her husband, a renowned mixing and recording engineer, has reportedly requested a divorce, although Shing-Yi is not in agreement. The couple, who got married in 2018 and welcomed a child shortly after, now faces the potential end of their once-happy union.
Source: YAHOO
Reported about 1 year ago
On July 8, 2024, in the BVI, Long's shareholders including Li Qingliang, Liao Mingze, and Liao Haoqin accused Lia Zhen Duo of infringing shareholder rights and stripping the company's assets in China. The global leading Styrofoam raw material plant Long Institution is facing a renewed ownership dispute, with founder Lia You Zhang's eldest son Lia Zhen Duo filing a lawsuit against mother Lia Huang Xiang in the BVI to revoke her estate management rights. Original shareholders of Long, including Lia's nephew Li Qingliang and nephews Liao Mingze and Liao Haoqin, spoke out against Lia Zhen Duo's alleged embezzlement of Chinese assets, denying the estate dispute among brothers and asserting it was all about Lia Zhen Duo's actions to fight against all shareholders and strip Chinese assets.
Source: YAHOO
Reported about 1 year ago
The rise in the US unemployment rate has increased the possibility of the Fed cutting rates in September, which is seen as positive news for the stock market. The latest employment report revealed that 206,000 jobs were added in June, exceeding the market's expectations of 190,000. However, concerns arise from the significant downward revisions of the employment data from the previous two months, indicating an overestimation of job growth by 111,000. Additionally, with the unemployment rate reaching 4.1% in June, slightly above expectations, it aligns with the 'Sahm Rule', suggesting an economic slowdown or recession. The weakening employment data may prompt the Federal Reserve to reconsider its monetary policy, potentially leading to a more accommodative stance.
Source: YAHOO
Reported about 1 year ago
Entertainment news on July 8, 2024, revealed that Blue Lan's post-marriage life is kept very private, even going to the household registration office to handle divorce procedures by riding a bicycle. This reflects a trend where seemingly peaceful celebrity marriages suddenly announce divorces, revealing unexpected changes in personal lives. Examples include Vivian Hsu, who secretly divorced late 2023 after nine years of marriage, and Melody who unexpectedly divorced her husband of 17 years, with allegations of unfair agreements and property disputes surfacing. Blue Lan's marriage to Zhou Youting in 2014 also ended in a low-key divorce, catching many by surprise.
Source: YAHOO
Reported about 1 year ago
In the film 'Love Nightmare,' directed by Liao Mingyi and produced by Ding Changyu, the theme is shifted to love from a male perspective, exploring concepts of 'control' and 'escape' after passionate love. The collaboration between Lin Bo-hong and Xie Xinying in this film stems from a previously planned project that did not materialize due to the pandemic, highlighting the intriguing and quirky characters portrayed in Liao Mingyi's films.
Source: YAHOO
Reported about 1 year ago
Chen Yuzhen, a three-term legislator, plans to add washing facilities and a massage room in her parliament office, which has caused a stir among other lawmakers. Known for her active role in legislative conflicts, Chen's unique style and recent incidents, such as rushing into committee meetings with wet hair, have made her a topic of discussion. Despite facing difficulties in implementing the renovation due to building regulations and potential disruptions to others, Chen remains proud of her attention to the dynamics of the legislature. Her plans for the office have sparked debates among parliamentary members.
Source: YAHOO
Reported about 1 year ago
Lin Junhong, Chairman of the Straits Exchange Foundation, was detained by the Taoyuan District Prosecutors' Office on July 8, 2024, due to corruption suspicions with a bail of 5 million yuan. He smiled as he left the court after being released on bail. The scandal involves allegations against Lin related to bribery in the development of the Hua Ya Technology Park, a case which shook the political arena. Investigations found crucial evidence in translated interceptions where a 'white glove' mentioned sending money to Zheng, and surveillance footage captured the 'white glove' carrying a black bag into Zheng's official residence. After the translated interceptions were suspected of leaking, Zheng urgently returned the money upon learning about the investigation, claiming it was a loan. Despite previous dismissals due to insufficient evidence, the case was reopened three years later, and searches were conducted in June this year, supporting the suspicions of Zheng's corruption involvement. Although Zheng denied any wrongdoing and resigned as Chairman of the Straits Exchange Foundation, the corruption storm continues. The court deemed Zheng's involvement significant but allowed him bail due to insufficient reason for detention. Zheng, suspected of accepting a 5 million yuan bribe from the Hua Ya Technology Park land development company, was arrested by the investigation bureau and subsequently released on bail. The case, involving a significantly large development profit, has been handed over to the Ministry of the Interior for review. Despite the events happening in 2017, and the subsequent delay in investigations until Zheng's appointment as Chairman of the Straits Exchange Foundation, suspicions of conspiracy have arisen. Amidst the allegations, Zheng emphasizes his commitment to honesty and has voluntarily stepped down from his position, while rumors and speculations continue. Investigations unveiled intercepted conversations where Liao Junsong's son and wife mentioned sending 5 million yuan to Zheng. Surveillance captured Liao carrying a black bag into Zheng’s residence, but no cash confiscation occurred. Despite insufficient evidence leading to case dismissals, authorities persisted in re-investigating, eventually leading to the recent actions. Yang Zhaolin, former General Manager of Taiwan Plastics, retired and posted bail due to his involvement in a bribery case with Zheng. For more details, refer to the full report.
Source: YAHOO
Reported about 1 year ago
In the midst of a union suppression controversy at Zhongxing Hospital, where Dr. Lin Changqi was dismissed, a lawsuit is being pursued. The hospital was investigated by the Ministry of Labor in April for inappropriate treatment towards Lin Changqi, the chairman of the hospital's union, resulting in a severe warning being rescinded. Despite being fined by the Ministry of Labor in June for suppressing union activities, the hospital proceeded to dismiss Lin Changqi in June. Both parties are now engaged in a civil lawsuit, escalating the conflict from the hospital to the court. The situation has sparked discussions within the medical community regarding the hospital's actions and the potential intervention of the Ministry of Labor.
Source: YAHOO
Reported about 1 year ago
In a recent turn of events, the operating rights dispute of the world's largest Formosa Plastics raw material factory, Seeing Dragon Organization, has reignited as founder Liao Youzhang's eldest son Liao Zhenduo filed a lawsuit in the British Virgin Islands against his mother, accusing her of mismanaging assets and embezzling the organization's Chinese assets. Holder of over NT$ 80 billion in annual revenue, the family feud involves allegations of Liao Zhenduo unilaterally siphoning off millions in assets, prompting original shareholders including relatives and family friends to counter his claims of inheritance disputes and asset stripping, while also expressing hope for amicable resolution for the sake of the company's legacy and stability.
Source: YAHOO