Reported 8 months ago
The article discusses how French bond vigilantes' reactions to spendthrift politicians can serve as a lesson for the United States. The market is likely to determine the tipping point for debt sustainability, which could impact the US in the coming months. While US economic strength currently buffers against immediate concerns, growing fiscal deficits and debt sustainability challenges remain on investors' radar, reminiscent of the French experience where fiscal worries led to spikes in yields. Market reactions and policy discussions following the Biden-Trump debate may shape future market sentiments.
Source: YAHOO
Reported 8 months ago
A fire broke out on the balcony of a high-rise building in Tamsui District, New Taipei City, with thick smoke billowing out, but it was discovered that no one was inside the apartment. Firefighters quickly arrived on the scene and extinguished the flames consuming an area of about 5 square meters, with no casualties reported. The cause of the fire is still under investigation.
Source: YAHOO
Reported 8 months ago
A navy seaman surnamed Lin from the Navy's Maritime Tactical Search and Detection Unit was disciplined for borrowing money and enticing his comrades into online gambling, receiving two demerits. Despite initially denying the claims and filing a lawsuit, Lin was found guilty of illegal gambling and even got physically assaulted when unable to repay his debts. His father, expressing regret that Lin never really won, ended up paying off his debts. Lin's appeals were rejected, and the court confirmed his loss. The judgment revealed that Lin, a former radio telegraphy sergeant at the Instructional Brigade, engaged in illegal online gambling in 2021, despite his defense that he was only analyzing sports events for betting purposes. His comrades, including sergeants Zhang and Xu, accused Lin of illegal gambling, leading to his downfall.
Source: YAHOO
Reported 8 months ago
Taipei reports 9 cats dying from low blood potassium after consuming the same cat food; following the investigation, a feed brand in New Taipei City was found to have inaccurate ingredient labeling and was fined 60,000 NT dollars. The Agriculture Department plans to establish a pet food special law with added harmful substance criteria for better regulation. Owners are advised to report any adverse effects on pets eating the feed and seek immediate veterinary care if symptoms such as decreased appetite or muscle weakness occur.
Source: YAHOO
Reported 8 months ago
The controversy over amending parliament powers continues as President Tsai Ing-wen states the need for a constitutional interpretation and temporary measures. Kuomintang caucus leader Fu Kun-chi criticizes that the National Address is Tsai's commitment to the people, questioning the impartiality of the current justices appointed by the Democratic Progressive Party. Meanwhile, People First Party caucus leader Huang Kuo-chang questions Tsai's demands to opposition parties, labeling them as inappropriate and expressing confusion. The situation has sparked discussions and debates in the legislature, with different parties presenting varying viewpoints on the issue.
Source: YAHOO
Reported 8 months ago
President Lai Ching-te signed the parliament reform bill passed by the blue and white coalition but announced plans to challenge the constitutionality and delay a national address to the legislature. Zhao Shao-kang criticized Lai for not focusing on key national issues but instead engaging in high-profile confrontations with the opposition parties, claiming Lai wishes to avoid being regarded as a 'double minority president' and is willing to let governance stall to assert dominance.
Source: YAHOO
Reported 8 months ago
Entertainment news on June 24, 2024, captured Kim Ji-won's surprise visit to Taiwan, where she looked stunning, waved continuously, and shyly smiled throughout the event.
Source: YAHOO
Reported 8 months ago
Wall Street bull Ed Yardeni from Yardeni Research predicts that the US stock market's bull market will continue until 2030, with the S&P 500 potentially reaching 8000 points by the end of that year. This represents a 46% increase from the current levels. Yardeni cites various positive factors contributing to this optimism, including strong economic growth, high profit expectations, excitement over artificial intelligence, and potential risks like a market melt-up followed by a crash due to excessive valuation.
Source: YAHOO
Reported 8 months ago
On June 24, 2024, at 1:22 a.m., a man in black was subdued and handcuffed by the police for allegedly recruiting members with free tattoos, establishing a criminal organization, and posting high-paying job ads on Facebook to target young individuals. The group deceived victims by offering to work in Thailand under the guise of free meals, accommodation, and airfare, but in reality, they were sent to Cambodia for illegal gambling activities. The group even demanded ransom from victims' families before allowing them to leave. When one victim returned to Taiwan, they immediately reported the incident to the police, leading to the arrest of eight suspects involved in crimes such as human trafficking and organized crime. Police urge the public to be cautious of lucrative job offers and high-profit investments to avoid falling victim to scams.
Source: YAHOO
Reported 8 months ago
A pair of police officers discovered an accident near their wedding venue and immediately halted the ceremony to rush to the scene and assist those in need. The bride, dressed in her wedding gown and holding a bouquet, directed traffic, showcasing the selfless dedication of public servants. Netizens were moved by the display, commenting on the unforgettable wedding and expressing their highest respects for the bride and groom, who are colleagues turned life partners from the Marion County Sheriff's Office in Florida. The heartwarming incident occurred last December, but photos of the bride in her wedding dress managing traffic were shared recently, resonating with the public.
Source: YAHOO
Reported 8 months ago
According to Reuters, ByteDance, the parent company of TikTok, is collaborating with US-based Broadcom to develop an advanced 5nm artificial intelligence (AI) processor. The chip will be manufactured by TSMC. This collaboration comes in response to the US export restrictions on advanced semiconductors to China since 2022. The ASIC custom chip will comply with US chip export restrictions, reduce ByteDance's procurement costs, and ensure a stable supply of advanced chips amid US-China tensions.
Source: YAHOO
Reported 8 months ago
A mini horse was seen walking on the West Coast Expressway of Highway 61 in Miaoli County, Taiwan, attracting attention for its adorable appearance. Upon receiving reports, police rushed to the scene to find the horse wandering on the road. The horse's owner, from a nearby ranch, arrived to handle the situation. Fortunately, no accidents occurred as the police quickly controlled traffic and resolved the situation. Authorities reminded pet owners to properly manage their animals to ensure road safety, with penalties for those who allow animals to disrupt traffic.
Source: YAHOO
Reported 8 months ago
According to the report by CTnews in 24th June 2024, South Korean star Kim Ji-won is on the rise in her career due to her recent performance alongside Kim Soo-hyun in 'Queen of Tears'. She arrived a day early in Taiwan for the opening event of DIOR's concept store at Shin Kong Mitsukoshi Diamond Towers II in Taipei on the 25th, where she will appear on stage with Asian superstar Jay Chou, actors Wang Jing, Liu Yihao, Chen Tingni, and Lin Yilan. At Taoyuan Airport, Kim Ji-won greeted a large number of fans and media with warmth and friendliness, reminding everyone to be cautious for safety, and left on a golf cart. The 31-year-old actress, known for dramas like 'Heirs', 'Descendants of the Sun', 'Fight For My Way', 'City Couple's Way of Love', and 'My Runaway Diary', is gaining popularity again with her role in 'Queen of Tears'. Besides the DIOR event, she will also hold a fan meeting in Taiwan on July 21st, expressing her happiness and anticipation in a video message to Taiwanese fans in Chinese. The article also mentions other related news about her rumored relationship with Lin Na-rong, Kim Soo-hyun's upcoming visit to Taiwan, and the 'Queen of Tears' Asia tour fan meeting.
Source: YAHOO
Reported 8 months ago
Heavy electrical stocks are showing weakness today with major players like Shih Dian, Yageo, and Hua Cheng plummeting 4%, causing concerns among investors. However, experts believe this is only a temporary setback. The recent fluctuations are attributed to pressure from the electronics sector, and analysts emphasize that the current weakness in heavy electrical stocks is temporary, but the key price point of 22,660 points must hold to avoid further impact on the market.
Source: YAHOO
Reported 8 months ago
On June 24, 2024, around 12:03 PM, a fire broke out at a luxurious residential development in Taichung, Taiwan. Located on Shizheng Road with neighboring properties reaching six figures per ping, the soon-to-be-completed development is expected to accommodate over 400 households. Smoke was seen on the 11th floor of the construction site, causing panic among workers on lunch break who evacuated. Firefighters quickly responded, extinguished the fire by 12:45 PM, and determined the cause to be a fire in the piled-up waste materials on site. A 20-year-old female worker was treated for smoke inhalation but was later found to be unharmed after receiving oxygen. Stay tuned for updates on this incident.
Source: YAHOO
Reported 8 months ago
Actress Alyssa shared on Facebook her rare experience of accompanying her daughter to idolize Taylor Swift, expressing that they have become closer through this activity. They made bracelets together, practiced song lyrics, and Alyssa even mentioned feeling a strong urge to have another daughter. Many fans congratulated Alyssa but also cautioned against being too impulsive. Taylor Swift's Eras Tour in the UK attracted 700,000 visitors and is expected to bring in 12.3 billion NTD to London’s economy. The concert in Edinburgh even caused three small earthquakes, which could be felt 6 kilometers away. Superstar Tom Cruise made a surprise appearance at Taylor Swift's concert to interact with fans, but controversially skipped his 18-year-old daughter Suri's high school graduation ceremony. Prince William attended Taylor Swift's concert with Prince George and Princess Charlotte to celebrate his 42nd birthday and took photos backstage with Taylor Swift. The video shows Prince William dancing along to the popular song 'Shake It Off' and potential future UK Labour Party leader Keir Starmer also attended, praising Taylor Swift as 'amazing'.
Source: YAHOO
Reported 8 months ago
A recent survey by the Taiwan Public Opinion Foundation revealed that there is a lack of consensus in Taiwan society regarding the non-nuclear homeland policy advocated by the Democratic Progressive Party (DPP) government. The survey showed that 42.4% of respondents generally support the policy, while 45.8% oppose it, indicating a 3.4% higher opposition rate. The policy seems to be based on minority support, with various age groups and education levels leaning towards disapproval rather than support. The DPP supporters are about 70% in favor, while the majority of Kuomintang (KMT) and People First Party (PFP) supporters are against it.
Source: YAHOO
Reported 8 months ago
Weekly Wang CTWANT | Hu Yahhan June 24, 2024, 1:19 AM DPP Legislator Zhang Haohan announced on the evening of the 23rd that the service office would provide recall petition services, triggering anger from KMT Legislator Wang Hongwei on the 24th. Wang condemned Lin You-chang as a 'disgustingly pseudo-moralist' for actually firing under the guise of opposing expansion. The public initiated the 'Shanhai Citizen Dismantling Action,' now in its second-phase petition, as Lin's involvement marks the DPP's first step in recall intervention.
Source: YAHOO
Reported 8 months ago
Celine Dion, known for her iconic movie theme songs in the '90s and beyond, revealed her battle with the rare disease 'stiff person syndrome' in 2022, leading to her disappearance from the limelight. However, in the upcoming documentary 'I Am: Celine Dion' releasing on June 25, she unfolds her journey and her true post-illness voice, shedding light on her struggles with spasms affecting her daily life and vocal cords. Dion discloses that she had suspicions about her voice issues back in 2008 but only received a diagnosis during the COVID-19 pandemic in 2020, forcing her to take a break in hopes of returning to the stage one day.
Source: YAHOO
Reported 8 months ago
President Lai Ching-te announced his intention to challenge the recently passed legislative reform bills by petitioning the Constitutional Court for a constitutional interpretation. He criticized the Legislative Yuan's handling of the amendments as unconstitutional and plans to initiate a constitutional lawsuit to review provisions, including the regularisation of the president's State of the Nation address. President Lai emphasized the importance of upholding the constitution and ensuring the reform's constitutionality and legitimacy through judicial assessment.
Source: YAHOO
Reported 8 months ago
As Taichung actively develops its public transportation system, with the upcoming completion of the second subway line - Blue Line in 2034, experts predict that the metro will boost the housing market and revitalize the long-declining old city area. Sinyi Realty notes the modernization efforts and infrastructure improvements in the East District, attracting large-scale commercial developments, making property prices more affordable compared to other areas and appealing to 'weekend couples' who see the district's potential. With the Blue Line connecting various areas of Taichung, expectations for comprehensive city development rise. The proximity to Highway 74 and future metro stations in Taichung make the East District a promising choice for both investors and prospective residents, particularly for those seeking modern elevator communities with two-bedroom units around 10-16 years old, with prices starting around 14 million NTD.
Source: YAHOO
Reported 8 months ago
Taiwanese comedy series 'My Mother-in-Law 2' continues to air with Chung Hsin-ling waking up from a coma to see her children fighting over inheritance and decides to move to a wellness village by the sea. The show explores the theme of elderly care with Chung experiencing life in a silver-haired wellness village. Characters struggle with family dynamics, as shown when Honduras emotionally confronts Chung at the wellness village. Viewers empathize with the characters and discuss the importance of self-care and family consideration amidst inheritance disputes.
Source: YAHOO
Reported 8 months ago
Taiwanese social media influencer Chen Liting, known as the 'Wall Street Goddess,' is facing charges for attempting to murder her aunt in collaboration with a man to help her mother seize inheritance. This led to all three being detained by the Taipei District Court. The mother, Hu Qingqing, denied any involvement, while Chen and the man shifted blame, with a verdict scheduled for 7/4. Considering their lack of full cooperation, the court extended their detention by 2 more months starting from 6/28.
Source: YAHOO
Reported 8 months ago
A woman in a red shirt was walking on a zebra crossing in Taipei when she was suddenly rolled under a cement truck. The woman was crushed under the vehicle, with severe injuries including broken bones and near-unconsciousness. Despite being rushed to Taipei General Hospital for treatment, she did not survive. The driver, surnamed Wang, was found to have a blood alcohol level of 0.11 and was arrested for further investigation. The incident occurred due to the driver's failure to notice the woman crossing the road, resulting in a horrific accident.
Source: YAHOO
Reported 8 months ago
A street violence incident occurred in Sanxia District, New Taipei City, where a group of people engaged in a brawl wielding bats, believing to be a result of a conflict that started online when two teenagers exchanged heated messages. The situation escalated when they arranged to meet, leading to friend reinforcements arriving with bats and pepper spray. 9 individuals were arrested for public order offenses and assault, with authorities launching a youth patrol project to prevent such incidents during the upcoming summer break.
Source: YAHOO