Reported 12 months ago
Brazil's Agriculture Minister Carlos Favaro stated that importing rice is unnecessary as prices have decreased, and the government will monitor the market. Previously, a rice auction was cancelled due to concerns about the winners' financial status. Instead of importing rice, Brazil plans to support local rice production through options contracts and allocate funds for agricultural purchases. Measures will be taken to increase rice production in flood-affected areas.
Source: YAHOO
Reported 12 months ago
According to GasBuddy, gas prices are expected to hit their lowest holiday prices for the Fourth of July since 2021, with some states offering average gas prices $0.25 a gallon or more below last year. GasBuddy's head of petroleum analysis, Patrick De Haan, highlighted that some states such as Washington, Oregon, Alaska, and Wyoming are seeing significant price reductions compared to last year. This drop in gas prices is attributed to factors like a normalization of the economy post-COVID and soft gasoline demand this summer, with U.S. oil production remaining high.
Source: YAHOO
Reported 12 months ago
Following the recent increases in electricity and natural gas prices, building materials, especially tiles, have also seen a price rise of 4% to 7% due to the need for prolonged high-temperature firing. This increase in cost is expected to impact home decoration and homebuying as well. Local ceramic tile industry is concerned about competition from lower-priced imported tiles from India and Southeast Asia. Construction industry leaders anticipate further price hikes in related materials such as precast concrete and electrical cables, with the burden likely to be shifted onto consumers.
Source: YAHOO
Reported 12 months ago
On July 3, 2024, at 10:26 am, the CEO of Mi-Ke-Bon Company, Xie Zhengyu, faced allegations of swindling 23.25 million yuan and was not prosecuted, as well as accusations of involvement in a 700 million yuan fund-raising scam with partners. Last year, in July, he and his girlfriend were kidnapped while dining on hot pot. The four suspects involved have now been prosecuted. Xie and his girlfriend were abducted at night. In response to a report of a physical assault on citizens in the Da-an Market area, the police rescued Xie and his girlfriend. Four suspects were arrested on charges of deprivation of liberty, assault, and damage. The investigation was completed on October 28 and the four suspects were indicted on charges of coercion and other crimes.
Source: YAHOO
Reported 12 months ago
The implementation of the New Green Housing Policy has increased the desire for first-time homebuyers, leading to a record high of 8273 households receiving loans in May this year, with an average loan amount of 7.68 million yuan. The property market is booming due to expectations of inflation and rising prices, prompting talks of the central bank possibly implementing a sixth round of property market control measures. Despite the New Green Housing Policy making home loans more accessible, experts believe that achieving a balance between supply and demand is crucial for rationalizing property prices.
Source: YAHOO
Reported 12 months ago
As stock markets approach the beginning of the second half of 2024, major indices such as ^GSPC, ^DJI, and ^IXIC are lingering near record levels with little movement. Yahoo Finance's Head of News, Myles Udland, examines strategists' predictions for the S&P 500, upcoming market conditions, and earnings throughout the rest of the year. Various analysts have raised price targets, indicating optimism despite some reservations about market drivers and potential risks. The article discusses the potential influence of AI, politics, earnings growth, and market dynamics in the coming months.
Source: YAHOO
Reported 12 months ago
Jin of BTS, who recently completed his mandatory military service, will be representing South Korea as a torchbearer in the Paris 2024 Olympic Torch Relay. The relay, spreading the message of 'harmony' and 'peace,' is currently traveling through 65 territories across France before the opening ceremony on July 26. Jin's return to spotlight includes recording music and filming variety shows, following his discharge on June 12, with plans to release projects in a few months.
Source: YAHOO
Reported 12 months ago
The 2021 value-versus-growth investment debate between Cathie Wood and Rob Arnott was revisited at the 2024 Morningstar Conference, revealing insights into the arguments made three years ago. As the performance of growth stocks struggled against value, important takeaways emerged for investors regarding market conditions and investment strategies.
Source: BARRONS
Reported 12 months ago
Paramount Global's shares are surging as reports indicate Skydance's preliminary agreement to acquire National Amusements, the controlling stakeholder of Paramount. Analyst Geetha Ranganathan explains that the deal favors Shari Redstone and could attract lawsuits, but features stronger indemnification language this time. The long negotiation and potential asset devaluation have pressured Redstone to resume talks, despite Paramount facing challenges in merging with Skydance in the past six months. This renewed deal signifies a pivotal development in the media industry's M&A landscape, prompting optimism for more significant deals to come amidst traditional media's decline.
Source: YAHOO
Reported 12 months ago
Constellation Brands, the maker of Corona and Modelo beers, reported fiscal Q1 earnings that surpassed profit estimates but fell slightly short of revenue expectations. The growth was mainly driven by a strong demand for beer, particularly the Modelo Especial brand, showing an 8% year-over-year increase in sales and 6.4% volume growth. Analysts like Filippo Falorni from Citi noted the success of Constellation Brands' innovations, including low-calorie drinks and spirit offerings, ahead of summer holidays and sporting events, which historically contribute about 20% to the company's sales growth per year.
Source: YAHOO
Reported 12 months ago
A recent Central Military Commission political work meeting was held in Yan'an, the 'holy land' of the Chinese revolution, signaling a continuation of tradition under Xi Jinping's leadership. This emphasizes the political nature of the military and Xi's focus on political work within the army after taking office. Comparing this meeting with the one 10 years ago, it's clear how Xi has approached military governance through political means and striving for a politically constructed military. The focus on political strength in the military to ensure the party's everlasting command over the army reflects Xi's aim to maintain the party's dominance and secure continuous power.
Source: YAHOO
Reported 12 months ago
Hugh Jackman, 55, shared a photo on Instagram wearing rose gold under-eye masks, poking fun at his self-care routine. Fans praised him for embracing skincare, with one commenting on his confidence. Jackman, busy promoting the upcoming Deadpool & Wolverine movie with Ryan Reynolds, spoke about the challenges of preparing physically for his Wolverine role, highlighting the difficulty of bulking up through strict eating habits.
Source: YAHOO
Reported 12 months ago
When you're feeling hot and sweaty, experts suggest ways to quickly cool down your body, such as prepping before being active by drinking something cold or wearing loose clothing, using a fan to create airflow, running hands and forearms under cool water, dabbing the face with a cold wet towel, drinking an ice-cold beverage, and taking a cool (not frigid) shower. These actions help dissipate heat and sweat, making you feel more comfortable in hot weather.
Source: YAHOO
Reported 12 months ago
China has surpassed the United States in generative AI patent applications, according to the U.N. World Intellectual Property Organization. The report states that China submitted over 38,200 generative AI inventions in the past decade, far exceeding the nearly 6,300 from the United States. The growth and interest in generative AI technology have been remarkable, with more than 25% of inventions emerging just last year. The U.S. and China are viewed as key players in AI development, with the U.S. leading in cutting-edge AI systems, but China excelling in AI investments and industrial robotics.
Source: YAHOO
Reported 12 months ago
A nutritionist recommends almonds as the best late-night snack because they don't raise blood sugar levels and release energy steadily to keep blood sugar within the ideal range. Eating almonds can help avoid high-sugar, unhealthy fat snacks that may affect sleep or lead to weight gain. Almonds contain plant-based protein to slow digestion, along with fiber, protein, and monounsaturated fats to stabilize blood sugar and curb appetite. Research shows that having a handful of almonds 30 minutes before a meal can aid in blood sugar control, especially for individuals with high blood sugar. Despite the popularity of late-night snacking, almonds are usually not favored.
Source: YAHOO
Reported 12 months ago
On June 19th, Taipei City's Animal Protection Department received a report in the Da'an District of a pet dog falling from a 6th-floor balcony and found the dog had no signs of life upon arrival. The dog likely fell due to being frightened by thunder. The owner, who was not at home during the incident, was devastated upon learning the news and admitted to forgetting to lock the window, speculating that the dog, who had a habit of opening doors, might have been scared by thunder and tried to escape through the window, leading to the tragic accident. The department reminded pet owners to secure doors and windows to prevent such incidents from happening.
Source: YAHOO
Reported 12 months ago
Keelung City Mayor Xie Guoliang faces a recall, with critics like DPP spokesperson Wu Zheng accusing him of attempting to improve his image by personally moving potted plants on the streets for a cleanliness project. The move sparked discussions on the state of Keelung's infrastructure and the political divide between the KMT and DPP. Predictions were made that Xie might engage in activities like assisting elderly pedestrians or beach cleanup next in his effort to refresh his image.
Source: YAHOO
Reported 12 months ago
汪建民與寶媽有13歲姊弟戀，分手後寶媽在2019年發現罹患肺腺癌，而汪建民今天也傳出罹患肺腺癌4期。二人分手原因是因汪建民被認為過於在意金錢及外界看法，與寶媽的價值觀相左，導致無法持久。
Source: YAHOO
Reported 12 months ago
Taiwan's bulk shipping group, E.Yang-KY (2637), reported a self-operated revenue of about 1.833 billion NTD in June 2024, showing a monthly decrease rate of approximately 3.27% and a year-on-year increase of about 20.34%. The accumulated revenue for the first five months of 2024 was 10.224 billion NTD, with a year-on-year growth of 23.02% compared to the same period last year. The pre-tax EPS for this month is 0.83 NTD, and the cumulative pre-tax EPS is 4.31 NTD. Shareholders expressed optimism for the upcoming peak season in the second half of the year, praising the strength of E.Yang's chairman. The company also disclosed that the operating profit for June was 0.724 billion NTD and the pre-tax profit for the first six months was 6.18 billion NTD. Chairman Lai Chun-Sheng mentioned at the shareholders' meeting that bulk shipping index and freight rates have been steadily increasing since the end of 2023, indicating better prospects this year compared to last year, partly due to the low number of new ships during the pandemic and the pressure to phase out old vessels following environmental regulations, which is expected to boost bulk freight prices. Netizens are positive about the company's performance and future outlook.
Source: YAHOO
Reported 12 months ago
Entertainment News, July 3, 2024, 10:19 AM: Sandy used Taiwanese to congratulate and send red envelopes to upset her grandma, exciting viewers for ratings by shouting 'Give Birth Here!' during the show.
Source: YAHOO
Reported 12 months ago
U.S.-based hedge fund Cinctive Capital Management recorded an 11% increase in the first half of the year, driven by strong performances in equities, particularly in artificial intelligence sectors like energy, technology, and utilities. With around $3 billion in assets under management, Cinctive also saw success in financials, healthcare, and biotech, outperforming major multi-strategy hedge funds like Citadel and Millennium. Carolina Mandl reported from New York.
Source: YAHOO
Reported 12 months ago
Constellation Brands, the maker of Corona beer, reported strong first quarter results with net sales growing 5.8% to $2.66 billion, led by a rise in beer sales by 8% to $2.3 billion, offsetting a decline in wines and spirits sales. The beer business experienced a 6.4% volume growth, leading to improved margins and a significant jump in profit to $877 million. The company raised its earnings outlook for the full fiscal year, citing the success of its beer division in driving sales and profitability.
Source: YAHOO
Reported 12 months ago
Annual wage increases for American workers staying in the same job reached the slowest rate in nearly three years in June, according to ADP data. Even job changers experienced a decline in wage growth, marking the third consecutive month of decrease. The data suggests a shift in the labor market dynamics, with job stayer growth declining and the possibility of returning to pre-pandemic levels being challenged. Despite this, wage growth for job switchers remains elevated, indicating some tightness in the labor market amidst signs of overall labor market cooling without rapid contraction.
Source: YAHOO
Reported 12 months ago
Entertainment News, July 3, 2024, 10:15 AM: Speculation on Sandy quickly returning to host Golden Bell Awards after giving birth has sparked. Sandy confirmed receiving invitations but expresses worry about her children encountering a particular situation.
Source: YAHOO
Reported 12 months ago
On July 2, the Penghu fishing boat 'Da Jin Man 88' was forcibly inspected by a mainland Chinese coast guard vessel while operating in the northeast sea off Kinmen and was detained in Fujian. The chairwoman of the Mainland Affairs Council Kuomintang, Guan Bi-ling, who had been silent for a long time, stated in the evening that the Mainland Affairs Council and Fisheries Agency would communicate in the hope that the mainland would expedite the release of the boat and crew according to procedures. The Coast Guard Administration will also monitor the situation. The incident has raised concerns about cross-strait relations and the prompt release of the detained fishing boat and crew.
Source: YAHOO