Reported 12 months ago
Taiwan Power's resilient grid project continues to release orders, and with the average price of copper breaking $10,000 per ton in May, listed cable companies like Walsin, Far EasTone are expected to see growth in June revenue compared to the same period last year. The project has been releasing purchase and installation contracts for 25KV medium voltage, 69KV high voltage, 161KV and 345kV ultra-high voltage cables and accessories for nearly a decade, benefiting cable industry companies such as Walsin, Far EasTone, Far East Cable, Great Yara, Hongtai, Dashan, Yitai, Heji, Daedong Electric, etc., with order amounts ranging from NT$3 billion to over NT$9 billion, ensuring stable performances in recent years.
Source: YAHOO
Reported 12 months ago
Cathay Financial Holdings, a leading financial institution in Taiwan with over 10 trillion NT assets under management and more than 60 years of investment experience, will hold the first Cathay Asset Management Summit on July 12th to provide clients with a forward-looking global investment outlook. The summit will feature discussions on global investment trends, economic situations, Taiwan's trends, alternative global investment opportunities, and international stock investment prospects. With around 20 domestic and international investment leaders attending, including Timothy Geithner from Warburg Pincus and Richard Clarida from PIMCO, the summit aims to inject vitality into Taiwan's asset management market in light of the high excess savings rate predicted by the Directorate-General of Budget, Accounting and Statistics, presenting significant growth opportunities for the asset management business. Cathay Financial Group has been actively strengthening its asset management business as the third profit engine, leveraging its extensive research capabilities and market adaptability. The summit will also feature Cathay's top internal experts in discussions on various financial topics and engage in insightful dialogues with industry experts from Blackstone and Morgan Stanley.
Source: YAHOO
Reported 12 months ago
The article introduces the annual 'College Securities Elite Seed Cultivation Camp' organized by the Taipei Exchange, now in its 17th year and coinciding with the exchange's 30th anniversary. This program aims to provide excellent learning opportunities for young students interested in the domestic capital market by offering rich courses and competitions. Participants are required to form teams of three to five students from colleges to complete online courses, create presentation videos showcasing investment portfolios with listed products, and compete for prizes like a top award of 50,000 NT dollars and certificates. Registration is free and open until July 8th, with various rewards available including an early bird full attendance award, outstanding nomination, and guidance teacher recommendation prizes.
Source: YAHOO
Reported 12 months ago
According to the report, with the economy rebounding, industries like semiconductors and PCBs in Taiwan expect increased demand for waste disposal, recycling and reuse, carbon reduction, and energy efficiency as electronic technology factories ramp up production. This surge in demand is expected to benefit environmental protection, energy conservation, circular economy, and new energy businesses. Companies like Kuentiing (6803), Pheego (6771), and Weisert (6894) are anticipated to see increased business volume and profitability. The market also predicts a boost in energy-saving initiatives due to domestic power shortages, especially benefiting Taichi, which has already achieved a 13.57% increase in revenue despite a sluggish cement market in Mainland China. Additionally, the trend of zero carbon emissions is driving demand for recycling metals, further enhancing the prospects for companies like Weisert.
Source: YAHOO
Reported 12 months ago
Due to the fluctuation of international gold prices influenced by US economic data, Taiwan Bank's gold passbook had a price difference of $128 per gram within 40 days. TAC Bank recommends a phased layout strategy for long-term holding or hedging, while experts expect gold prices to approach the high point of $2,449.89 per ounce on May 20th in the third quarter. The market is currently in a consolidation period as reflected by Fed's hawkish speeches and mixed economic data.
Source: YAHOO
Reported 12 months ago
Nomura Investment Trust launched a multi-asset fund focusing on US and Taiwan technology stocks on June 30, 2024, taking advantage of the AI growth trend driving the surge in tech stocks. The fund is managed by Nomura's investment team, combining offensive technology stock growth strategies with defensive all-weather bond strategies to enhance investment efficiency and mitigate volatility risks. The fund aims to provide investors with profit opportunities in tech stocks while reducing fluctuations. With a unique stock selection process based on supply chain analysis, the fund targets high-growth tech themes and related supply chains to optimize returns and risk management. The fund begins fundraising on July 1 and is anticipated to perform well.
Source: YAHOO
Reported 12 months ago
Ruentex Technology, a major display manufacturer from Taiwan, was honored with the Green Leadership Award at the Asia Responsible Enterprise Awards ceremony held in Ho Chi Minh City, Vietnam on June 28th. Recognized for their outstanding achievements in ESG development and environmental protection, Ruentex showcased their commitment to sustainability through initiatives such as solar power generation, water conservation, rainwater recycling, energy management system certification, and developing energy-efficient products. This award signifies their efforts towards innovation, environmental friendliness, and contributing to global green transformation.
Source: YAHOO
Reported 12 months ago
As of June 30, 2024, the Chairman of membrane touch switch (MTS) manufacturer Ko Ja-KY (5215), Lin Zhi Feng, mentioned that with the normal recovery of the laptop industry and the AI PC driving force in the second half of the year, operations are expected to be better than the first half. The company will gradually see benefits in new applications and vertical integration, with an increasing proportion of shipments in keyboard backlight modules. Additionally, automotive monitoring components have also entered car seat factories and will start shipping in the second half of the year. Ko Ja-KY's combined revenue in the first five months of this year was about 1.032 billion NTD, a growth of 23.69% compared to the same period last year. Lin Zhi Feng states that although the PC market was sluggish last year with customers continually adjusting inventory, this year, although inventory levels are normal, market conditions are not very good, primarily consisting of rush orders and short orders. Preparation for AI PC is underway, with the addition of a Copilot button, requiring a redesign of the keyboard, and new products are expected to start shipping in the second half of the year, anticipating that market demand in the second half will be better than the first. Ko Ja-KY's Vietnam factory entered into mass production last year, with overall revenue growing by 40%. As the brand factory and keyboard factory supply chain gradually takes shape and customers shift production away from non-Chinese markets, it is expected that the production scale of the Vietnam factory will gradually increase. In addition, more and more laptop and keyboard factories are establishing production bases in Thailand to serve customers nearby. Earlier this year, Ko Ja-KY purchased land and a factory in Thailand, focusing on service, warehousing, quality control, etc., with the main production capacity still supported by China and Vietnam, and adjustments will be made based on customer trends. Ko Ja-KY has been investing in the development of keyboard backlight modules in recent years, with products becoming slimmer, more energy-efficient, and continuously receiving orders from Taiwanese and American brand customers, showing significant shipment growth last year. It is estimated that this year, the shipment proportion of traditional LED backlight modules and Mini LED backlight modules will increase to 15%-20%. As for upstream materials, previous investments in Fored Fine Chemical and Basic Electronics Technology have entered the chemical materials market such as silver paste and hydrophobic agents, stable profits are being obtained not only for internal use but also for external sales, with plans for developing other new materials. Ko Ja-KY is also actively expanding into non-keyboard areas and has made progress in the medical industry in recent years, with new applications including blood glucose test strips, health monitoring patches, and medical beauty masks.
Source: YAHOO
Reported 12 months ago
Lee Ching-fang, Chairman of Far Eastern Big City, was awarded the Responsible Business Leader Award by AREA, becoming the first leader in Taiwan's retail industry to receive such recognition. Lee attributed the honor to the trust and support of Far Eastern Group Chairman Xu Hsueh-tung, as well as the efforts of the team and partners in realizing the shared beliefs of mutual benefit and inclusion. Under Lee's unique management strategy, Far Eastern Big City Shopping Center has seen significant visitor numbers and steady revenue growth. Lee's focus on analyzing consumer trends and demographics has helped position the shopping center as a preferred destination for a diverse range of age groups in the Taoyuan-Hsinchu-Miaoli area, highlighting its success in adapting to evolving retail trends and fostering community impact through ESG initiatives and social responsibility efforts.
Source: YAHOO
Reported 12 months ago
Asia Cement was honored with the 'Health and Hygiene Promotion Award' at the 2024 Asia Responsible Enterprise Awards (AREA) for its occupational safety and health management system which aligns with the United Nations Sustainable Development Goals (SDGs). This marks Asia Cement's sixth recognition by AREA. The company's commitment to employee safety and health as a key performance indicator was acknowledged internationally. Asia Cement plans to continue enhancing its occupational safety management and promoting health-related initiatives to ensure a safe and friendly work environment for all employees, contributing positively to society. Their winning project focused on promoting workplace health and safety systems to enhance workplace well-being, and their efforts have shown significant improvements in safety metrics and the implementation of advanced safety technologies for risk mitigation.
Source: YAHOO
Reported 12 months ago
Recently, as inflation cools down and some economic data slows, the investment atmosphere in the market leans towards bullish with various risky assets rising together. Investment institutions suggest that investing in multi-asset funds with a mix of stocks and bonds could help balance portfolio volatility and take advantage of asset rotation and rising trends. Managers of such funds analyze the current situation, recommending a focus on growth sectors like tech and healthcare, while also considering fixed income assets for upcoming rate cuts and high yield non-investment grade bonds for enhanced returns.
Source: YAHOO
Reported 12 months ago
In a recent interview with Richtek's Chairman and CEO, Wang Yuchao, he shared his reflections on taking over the CEO role last year and his vision for the company. Wang expressed optimism towards the future of display technologies, emphasizing Richtek's role in staying competitive by acquiring key technologies like nanocomp's capabilities in yellow light processes and nanoimprint technology. He highlighted the importance of technological advancements for meeting consumer demands and Richtek's focus on expanding into new display technologies like OLED and MicroLED. Wang also discussed Richtek's strategies in vertical integration through mergers and acquisitions, such as the Nanocomp acquisition for nanoimprint technology which will be applied in producing optical components at the wafer level. Additionally, he addressed Richtek's positioning in the automotive display market, the company's overseas production expansion in Vietnam due to 'China +1' strategy, and the company's emphasis on being customer-centric, an optical technology provider, and a solutions provider.
Source: YAHOO
Reported 12 months ago
Benefiting from a vibrant market investment atmosphere and boosted by themes like weight-loss drugs and medical materials, the biotech and healthcare sector stocks have steadily risen in performance, with the top ten biotech funds showing accumulated returns of over 10% this year. The demand in the biotech and healthcare industry remains strong, and with various thematic supports in medical sub-industries, there is still hope to attract fund allocations. Opportunities in the weight-loss drug market are promising, and advancements in medical devices like robot-assisted surgeries and structural heart diseases indicate significant market growth potential, attracting investments in mid and small-cap biotech stocks. Mergers and acquisitions (M&A) continue to brew in the biotech industry, particularly with large pharmaceutical companies expected to have substantial funds for acquisitions, benefiting overall industry development. Innovation in biotech technologies is seen as a long-term core competitive advantage in the industry, with a focus on oncology, neurology, and rare diseases. Despite capital market volatility, M&A activities in the biotech sector have maintained fervor, signaling emerging investment value.
Source: YAHOO
Reported 12 months ago
According to the latest statistics released by the Ministry of the Interior on June 30, 2024, the average life expectancy of Taiwanese in 2022 was 79.84 years, with an estimated 18.4% of the population being elderly. Taiwan Business Bank shared a case where Mr. Wang and his siblings decided to use the NT$6 million inheritance to care for their elderly mother through a trust mechanism, managed by the bank to ensure her well-being till the end. The bank's trust planning not only continued the father's legacy of love but also conveyed filial piety, reuniting the family members with love. Taiwan Business Bank has received recognition for its trust services, winning awards for excellence in promoting trust mechanisms and financial education, showing commitment to meeting the needs of the aging population with innovative services in the future.
Source: YAHOO
Reported 12 months ago
Glee的前演員Lea Michele在紐約市的嬰兒派對中穿著粉色裙子，瀰漫著幸福的光芒。她在Instagram上張貼了懷孕照、丈夫、兒子和朋友的照片，包括Jonathan Groff。Michele正在懷著第二個孩子，丈夫是Zandy Reich。
Source: YAHOO
Reported 12 months ago
For the first time this decade, six different women are among the top 10 on the latest Billboard 200 albums chart. Taylor Swift's album holds the No. 1 spot, while other female artists like Gracie Abrams, Billie Eilish, and Ariana Grande also secure positions in the top 10. This marks a significant milestone, as the last time there were at least six women in the top 10 was nearly five years ago. The full chart will be available on July 2 on Billboard's website.
Source: YAHOO
Reported 12 months ago
Investors reacted to Marine Le Pen's National Rally receiving 33.2% of the vote in the first round of France's snap parliamentary elections, causing optimism initially but fading quickly. Stock and bond prices jumped before paring gains as concerns over possible fiscal policies by the far right or left-wing parties arose. Financial markets are now uncertain about the future of French debt and government stability, with potential alliances forming to block Le Pen from securing an absolute majority.
Source: YAHOO
Reported 12 months ago
Renauld White, a pioneering Black model and soap actor renowned for his work in Guiding Light, passed away at the age of 80. He made history by becoming the second Black model on the cover of 'GQ' in 1979 and worked with esteemed fashion brands throughout his career. White was remembered for breaking barriers in the fashion industry and advocating for more diversity. His funeral is set to take place on July 12 in Newark, New Jersey.
Source: YAHOO
Reported 12 months ago
The U.S. Justice Department will criminally charge Boeing with fraud over two fatal crashes involving 737 MAX jets, offering a plea agreement that includes a financial penalty and an independent monitor for three years. If Boeing refuses to plead guilty, prosecutors plan to take the company to trial. Victims' families expressed anger over the proposed plea deal, viewing it as inadequate accountability for the crashes. The Justice Department's decision was made after finding Boeing violated a previous agreement shielding it from prosecution.
Source: YAHOO
Reported 12 months ago
The stock market is experiencing a significant divergence, with the top companies' market value not aligning with their earnings in the S&P 500, indicating potential vulnerability, according to economist Torsten Sløk. The soaring share prices of a few Big Tech companies are pushing the market up, while the rest of the index may not be performing as well. Concerns are raised about the concentration of gains in a small group of stocks and the potential impact on the overall market if these trends continue.
Source: YAHOO
Reported 12 months ago
Health and Wellness Staff Writer Kaitlin Reilly provides seven tips for a healthy week, including spending time near water for mental health benefits, embracing the French lifestyle, considering underarm Botox to curb sweating in summer, practicing doing nothing for self-benefit, eating eggs to fend off Alzheimer’s, trying wrist weights for added intensity in workouts, deepening connections with friends, and engaging in gardening for both mental health and physical exercise benefits.
Source: YAHOO
Reported 12 months ago
A new documentary titled 'The Conqueror: Hollywood Fallout' aims to tell the story of the affected 'downwinder' community in St. George, Utah, following the filming of the 1956 movie 'The Conqueror' downwind of a nuclear test site. The documentary explores the controversial history, suspicious number of deaths related to cancer among the cast and crew, and the connection to radiation exposure, shedding light on the community's struggle for federal compensation and reauthorization of the Radiation Exposure Compensation Act.
Source: YAHOO
Reported 12 months ago
In entertainment news on June 30, 2024, a terrifying video showing a giant centipede crawling onto an actress and burrowing into her clothes has shocked viewers, causing a sensation of horror and chills down the spine.
Source: YAHOO
Reported 12 months ago
On June 30, 2024, at 2:54 PM, Hebe Tien was spotted with short hair at the airport and boldly asked fans if they liked it, showing no fear despite the potential backlash from boycotting her concerts.
Source: YAHOO
Reported 12 months ago
Entertainment news on June 30, 2024, 2:54 PM - ILLIT member being accused of plagiarism after injury? Similar to NewJeans' situation! Netizens dumbfounded by the absurdity.
Source: YAHOO