Reported 8 months ago
According to a report by Yahoo Finance on June 25, 2024, amidst the heat in the housing and stock markets driven by factors like the New Taipei City-Pingtung triple stimulus voucher scheme, the balance of mortgage loans hit a historic high in May, reaching 10.4336 trillion NT dollars. However, the annual growth rate of construction loans hit a 7-year low, dating back to June 2017. The spike in housing loans is attributed to increased property transactions, positive economic conditions, wealth effects from the stock market, and the impacts of the triple stimulus voucher policy.
Source: YAHOO
Reported 8 months ago
Source: YAHOO
Reported 8 months ago
Source: YAHOO
Reported 8 months ago
At the US Olympic athletics trials, rapper Snoop Dogg participated in a 200-meter exhibition race, finishing third with a time of 34.44 seconds at the age of 52. Despite the loss, Snoop Dogg donned patriotic attire and provided entertaining commentary during the event, garnering praise for his unique and engaging presence as a Special Correspondent for NBC's Olympics coverage.
Source: YAHOO
Reported 8 months ago
藝人康康宣布九月將在台北華山Legacy舉辦演唱會，為了彌補缺席十年的遺憾，他表示心情既緊張又興奮。演唱會將特別準備「歌神」張學友的歌曲，以致敬他。康康還為女兒創作了兒歌音樂專輯，未來或將看到女兒同台演唱。
Source: YAHOO
Reported 8 months ago
On June 25, 2024, the Chu Women's International Tzu Chi Association led by President Zhou Lirou donated 20 wheelchairs to New Hsinchu Hospital for the benefit of patients, enhancing community connections and improving healthcare services. Members of the Hsinchu City Council also attended the event, acknowledging the association's longstanding contributions to public welfare in the region. The hospital executives expressed gratitude for the donation, emphasizing the importance of collaborative efforts in supporting medical care for the elderly and disabled. The donation ceremony symbolized a meaningful partnership to serve the healthcare needs of the local community in Hsinchu.
Source: YAHOO
Reported 8 months ago
Nigeria's central bank Governor Olayemi Cardoso expressed optimism that the worst of naira volatility is over and mentioned the progress made in stabilizing the currency. Steps taken, including interest rate hikes and exchange rate policies overhaul, have helped stabilize the naira despite it being the world's worst-performing currency. Cardoso highlighted the importance of reviving confidence in the currency to attract investors and hinted at further measures, like a eurobond issue, to boost foreign exchange reserves.
Source: YAHOO
Reported 8 months ago
Hedge funds are showing increased optimism towards the UK, with a surge in bets on a stronger pound as the upcoming election is expected to solidify the country's move towards more stable, centrist policies. Leveraged investors and hedge funds are holding the largest net-long position in the pound since late September, with the UK currency rallying to its highest level against the euro in nearly two years. Market sentiment favors the UK over France due to relative fiscal responsibility, prompting Bank of America to recommend shorting the euro against the pound as a hedge before the election. However, some analysts caution that the pound's current positivity could make it vulnerable to a slide against the euro in the short term.
Source: YAHOO
Reported 8 months ago
In Taiwan, former professor Chen Mingzheng, who operated the Wan Qiaofeng engineering consulting company, was found guilty of falsifying bridge inspection records for Hsinchu County, submitting photos from another company instead of conducting on-site inspections, resulting in a 6-month sentence and a fine of NT$180,000. Chen was also implicated in the South Ao Bridge breakage incident in 2019, where his company obtained inspection contracts through restricted bidding and manipulated the process with internal staff. Despite denying the charges, Chen's appeal was rejected, solidifying his 6-month sentence.
Source: YAHOO
Reported 8 months ago
The Italian market watchdog Consob has been experimenting with artificial intelligence (AI) to speed up the approval process for listing prospectuses and to detect insider trading. By utilizing AI algorithms that can quickly identify potential cases of insider trading, Consob aims to enhance market surveillance and detection of misconduct. The next phase involves integrating AI into the regular activities of the regulator to strengthen controls. This move aligns with the global trend of regulatory bodies leveraging AI technologies, with examples such as the UK's Financial Conduct Authority using AI to combat online scams.
Source: YAHOO
Reported 8 months ago
男團Ozone宣布將在8月3日舉行萬人售票演唱會，四位成員將變身搖滾樂團演出，表達心聲。團員間透露練團壓力大，特別哲言易變澀臉，並透露練團期間的趣事。而其他兩位成員則以嘉賓身分暖心支持。
Source: YAHOO
Reported 8 months ago
During legislative inquiry, KMT Legislator expressed concerns about the progress of the first indigenous submarine Hai Kung currently undergoing harbor tests and suggested that the Premier and Defense Minister should participate in the seaborne test to boost military morale. Defense Minister Gu Lixiong emphasized the importance of professionalism in maritime matters and Premier Zhuo Rongtai stated that they lack the ability and qualification to join the test. The submarine completed the naming ceremony and harbor tests and is moving towards seaborne tests. Defense Minister further stressed the importance of safety in the testing process, rebutting the suggestion of joining the seaborne test. Zhuo highlighted the significance of approaching the military development stage prudently and the need for professionals to conduct the test according to relevant guidelines.
Source: YAHOO
Reported 8 months ago
On June 25, 2024, in Hualien City, fires occurred in the bustling commercial area of Zhongshan Road and nearby Linsen Street on Saturday night and Sunday noon, affecting a total of 9 houses. Displaced residents were either looking for shelter or sorting out usable resources. Tzu Chi volunteers visited one by one to provide emergency funds and blessings. This marked two fires in two days, with the second one in Linsen Street burning down 9 houses. The volunteers aimed to comfort the affected residents, who were facing challenges and uncertainty following the fires.
Source: YAHOO
Reported 8 months ago
Many job seekers often prioritize salary and job content when considering job opportunities. Recently, a netizen shared a job vacancy with a starting salary of 28,000 yuan that requires proficiency in the Japanese N1 certification, sparking surprise and discussions online. The position involves tasks such as assisting Japanese supervisors with interpretation, coordinating with agents and suppliers, translating correspondence, and participating in various operational planning and execution activities. Netizens expressed concerns over the extensive job responsibilities and low salary, with some suggesting working at a convenience store might be a better option.
Source: YAHOO
Reported 8 months ago
Southern California Edison is supporting the largest new geothermal power development in the U.S., providing 400 megawatts of clean electricity from the Earth's heat which can power around 400,000 homes. This initiative is seen as a significant step towards reducing the reliance on traditional power plants that contribute to climate change. The use of clean geothermal power offers a promising solution for global decarbonization efforts and demonstrates the potential for clean energy to meet increasing electricity demands.
Source: YAHOO
Reported 8 months ago
Following a viral post claiming an $18 Big Mac combo meal, McDonald's president clarified that the price was an exception. This sparked a movement against high fast food prices. In response, McDonald's and other companies are now introducing value menus and cutting prices as consumers express frustration over rising costs amidst inflation and decreased savings post-pandemic.
Source: YAHOO
Reported 8 months ago
In a recent discussion, legendary trader Peter Tuchman highlighted the importance of new investors focusing on long-term trading rather than treating investing as a form of gambling. He used the analogy of learning to be a pilot, emphasizing the need for education and effort in trading. Tuchman cautioned against the mentality of viewing the market as a get-rich-quick scheme, advising investors to put in the time to learn and trade responsibly.
Source: YAHOO
Reported 8 months ago
The AI revolution is driven by companies investing in data centers and fiber-optic cables to process vast amounts of information needed for artificial intelligence. Global spending on data center construction is expected to exceed $55 billion by 2030, with companies like Frontier Communications Parent Inc. and Switch Inc. already raising billions through asset-backed securities. Transactions in the asset-backed securities market are projected to reach a record $12 billion by the end of 2024, supporting the growth of AI infrastructure and technology worldwide.
Source: YAHOO
Reported 8 months ago
Uber Freight and Aurora Innovation have collaborated to launch the Premier Autonomy program, offering qualified carriers the opportunity to purchase Class 8 trucks equipped with Aurora's self-driving technology, Aurora Driver, for autonomous operations. Carriers will be onboarded to the Aurora Driver subscription over 12 to 18 months, allowing them access to Uber Freight's shipment network. Initially, Aurora will own and operate the trucks, with plans to transition to a Driver-as-a-Service model. The program aims to enhance the efficiency and volume of freight moved and has already seen success in autonomous hauls between Dallas and Houston.
Source: YAHOO
Reported 8 months ago
According to the Taiwan Stock Exchange's data on chip movements, institutional investors collectively bought NT$41.75 billion more than they sold on June 25th. Among the top 10 stocks that investment trusts bought on that day, three were in the financial sector, including Mega Financial Holding Co., which has been bought continuously for 9 days, Hua Nan Financial Holdings Co., bought for 11 days straight, and E.Sun Financial Holdings that has been bought for 4 consecutive days. Mega Financial Holding Co. was the top buy with almost 14,523 shares purchased, followed by Far East New Century Corp. and Hua Nan Financial Holdings Co. with over 13,000 shares each. Disclaimer: The report is for reference only, and investors should exercise independent judgment and assess risks carefully.
Source: YAHOO
Reported 8 months ago
Federal Reserve Governor Michelle Bowman warned of potential upward risks to inflation and emphasized the need to maintain current borrowing costs. She highlighted factors such as labor market tightness, wage growth, geopolitical developments, fiscal stimulus, and open immigration policy as elements that could impact inflation. Bowman expressed a cautious approach towards future rate adjustments and discussed the delayed response to inflation surge in 2021, along with criticisms of US regulators' bank capital proposal.
Source: YAHOO
Reported 8 months ago
Treasury Secretary Janet Yellen discussed the potential impact of a second Trump administration on the US economy, highlighting concerns over the Tax Cut and Jobs Act. Yellen pointed out that the policy, which aimed to stimulate investment, instead led to increased deficits and reduced tax revenues due to massive tax breaks for corporations and wealthy individuals. She believes these repercussions are contributing to current fiscal challenges and expressed apprehensions about maintaining the policy moving forward.
Source: YAHOO
Reported 8 months ago
The Paper Windmill Youth Anti-Drug Drama Project held its 1,000th performance and anti-drug oath ceremony at Shilin Elementary School in Taipei on June 25th. Launched in 2012, the initiative aims to educate children about drug dangers through performances, with over 600 students attending today's milestone show. With support from both government and private sectors, the project has reached 931 schools and attracted 611,441 student participants. The event was attended by officials from the Ministry of Education, Ministry of Justice, Taipei City Department of Education, as well as sponsors and founders of the project, emphasizing the importance of continuing the anti-drug efforts for Taiwan's youth.
Source: YAHOO