Reported 11 months ago
In Taipei, Meng Tian Technology's new Executive Vice President, Cai Minjie, announced the company's focus on AI integration and its positioning towards SaaS for the B2B commercial market. The company is optimistic about the application of electronic signature software and the potential of 3D online virtual tours (Asteroom) in 2024, with plans to expand into overseas markets. With its transformation into a software service provider, Meng Tian has seen significant growth in revenue, especially through its Asteroom service, and aims to leverage its technology to develop a B2B business model catering to enterprise needs through SaaS.
Source: YAHOO
Reported 11 months ago
Ford Mustang, a legendary sports car that transcends brand boundaries, celebrates its 60th anniversary in 2024 with the launch of the seventh generation by Ford Taiwan. The All-New Ford Mustang offers EcoBoost Premium, GT Premium, and the top-performance version Dark Horse Premium, with the latter boasting 454ps of powerful horsepower. With its distinctive design elements and exceptional performance, the Dark Horse Premium showcases the Mustang's fiery genes, providing drivers with an unparalleled driving experience. The iconic Mustang exterior design is continued with updated features such as LED headlights, three-bar sequential taillights, and dual exhaust pipes, creating a pure American muscle car vibe.
Source: YAHOO
Reported 11 months ago
Cathay Financial's CEO, Li Chang-Ken, attended the Climate Investment Summit in London, serving as a panelist for the 'Energy Transition: Commercial Cases of Mature Energy Technologies,' making Cathay Financial the first Taiwanese financial institution to participate in the summit twice. Li Chang-Ken discussed challenges and solutions for promoting renewable energy in Southeast Asia, shared Taiwan's renewable energy initiatives, and emphasized Cathay's commitment to leading in the low-carbon and renewable energy fields. He also highlighted the importance of policy stability, infrastructure development, financial tools, and fair transition issues for successful energy transformation in Asian countries.
Source: YAHOO
Reported 11 months ago
E.SUN Bank announced on June 27, 2024, its pioneering initiative of incorporating sensory functions in ATMs to assist visually impaired individuals in locating machine positions. With over 130 accessibility voice-function ATMs in branches nationwide and the new sensory feature activating voice announcements when customers approach, E.SUN Bank aims to have all branches equipped by the end of the year, injecting warmth into financial services to fulfill their corporate vision of 'Transforming Finance Together, Creating a Better Life.' The ATM sensory feature automatically broadcasts 'This machine provides audio-visual impairment functions' upon customer proximity, greatly reducing identification or waiting time. In addition to braille stickers on various operational areas for easier use, the bank offers real-time text chat services during business hours to assist hearing or speech-impaired customers with transactions like withdrawals, deposits, transfers, balance inquiries, or password changes.
Source: YAHOO
Reported 11 months ago
The National Bureau of Statistics of China reported that profits of industrial enterprises above designated size increased by 3.4% in the first five months of this year, with the machinery manufacturing industry driving profit growth with an 11.5% increase, contributing the most to the growth of industrial enterprise profits. State-owned enterprises saw a profit decline of 2.4% in the first five months, while foreign and Hong Kong, Macao, and Taiwan invested enterprises saw a 12.6% increase in profits.
Source: YAHOO
Reported 11 months ago
Kofas estimated Taiwan's economic growth rate for this year to be 3% in January, raised to 3.3% in April, and maintained the same estimate in June. Kofas analyzed that Taiwan's economy faces five major risks, including cross-strait political relations, cross-strait economic relations, decreasing direct investment in mainland China, long-term economic challenges, and energy security issues. Despite stable domestic demand and a recovery in exports, cautious private investment and a lag in the revival of traditional consumer electronics are noted. Taiwan is expected to continue its economic growth at a rate of 3.3% this year. Kofas highlighted five risks post-presidential election, ranking the country's risk level at A2 as still low, focusing on challenges related to mainland China, Taiwan's long-standing economic issues, and energy security concerns.
Source: YAHOO
Reported 11 months ago
Crystalwise and Quanta are benefiting from the booming AI PC market. Analysts predict that the penetration rate of AI PCs will increase from 2% in 2024 to 39% in 2027, with a high annual compound growth rate of 198.8%. As the demand for AI accelerates, these technology stocks are gaining attention, with Crystalwise expected to benefit from AI demand and Quanta anticipated to improve its product mix due to the AI PC trend, leading to continued gross margin growth. Both companies have received positive investment ratings based on these projections.
Source: YAHOO
Reported 11 months ago
Asia Tsugami Sushi announced plans to expand in Taiwan with a goal of reaching a total of 64 stores by the end of the year, growing at a rate of 5 to 10 new stores per year in the region. The company's chairman emphasized a focus on food safety, with efforts to strengthen various aspects of the organization. Despite challenges from recent food safety incidents, the company has reported a record revenue of 50.3 billion NTD and a net profit of 2.12 billion NTD in the previous year, showcasing resilience and a commitment to sustainable growth.
Source: YAHOO
Reported 11 months ago
According to the Paper Association's 2023 annual report released on June 27, 2024, Taiwan's paper and paperboard production in 2023 dropped to a near six-year low due to various challenges like interest rate hikes, geopolitical tensions, and weak demand, with total production at 4.09 million metric tons, a 3.6% decrease from the previous year. Despite this, the association is optimistic about steady growth in the paper industry in 2024 as the economy recovers. The association emphasizes the importance of transitioning to a low-carbon and intelligent industry for the future.
Source: YAHOO
Reported 11 months ago
Taiwan's stock market opened lower on June 27th due to the impact of the hawkish Federal Reserve. However, with buying support during the trading session, tech giant TSMC led the index to a final convergence of 80 points, closing at 22,905 points. The market is poised to close above the 'five lines' - the daily, weekly, monthly, quarterly, and semi-annual lines - with the expectation of returning to the 23,000 point mark. The second quarter saw a significant increase in the Taiwan stock market, setting the stage for a strong second half of the year. Despite challenges from the Fed and disappointing results from Nvidia and Micron shareholder meetings, the market showed resilience with support from institutional investors and local funds.
Source: YAHOO
Reported 11 months ago
Chai Hui-fang/Taipei reported on June 27, 2024, at 4:10 PM, highlighting the first shareholders' meeting of Jun Yang International, previously known for wool in the textile sector but shifted to construction stocks in July 2023. The meeting was hosted by Hou Jia-qi, a remarkable talent and founder of Guo Yang. With a strong demand in the market for factory offices, the company will focus on developing factory office buildings as its key products. Shareholders recognized the 2023 financial report, with annual revenue of 1.99 billion yuan, net profit after tax of 184 million yuan, and an EPS of 2 yuan. Jun Yang has been profitable for three consecutive years under the stewardship of Hou Xifeng, and the meeting approved a dividend of 0.3 yuan. The company aims to meet customer needs by timely completing projects such as factory office buildings and actively expanding into diverse markets such as urban renewal projects and land acquisition. Looking ahead, Jun Yang is confident and has outlined a long-term development plan focusing on joint development projects with strategic partners, talent acquisition, land acquisition, and participation in state-owned bidding projects and urban renewal programs in line with national policies.
Source: YAHOO
Reported 11 months ago
Schroeder Investment Trust and LINE Bank have joined forces to provide more convenient fund management services, aiming to tap into the online financial opportunities for Taiwanese. Through LINE Bank, customers can access information on popular funds offered by Schroeder Investment Trust with rare 'lifetime 0 handling fee' promotion, catering to the growing preference for sustainable and energy funds among Taiwanese investors. By leveraging the growing trend of energy transformation and the attractive valuation of energy stocks, investors are encouraged to consider participating in energy-related theme growth through regular investment to capture long-term returns amidst the global carbon reduction trend.
Source: YAHOO
Reported 11 months ago
According to a report by Lu Shu-Mei in Taipei on June 27, 2024, at 4:10 PM, the Taiwan Stock Exchange announced that the Fu Hua Japanese Leading (00949) ETF will be listed on Monday, July 1, allowing for margin trading. With the inclusion of this ETF, the total number of ETFs listed in the centralized market will reach 162. The ETF tracks the 'NYSE FactSet Japan Moat Advantage Leaders Index' compiled and maintained by ICE Data Indices, LLC, which selects the top 30 stocks listed on the Tokyo Stock Exchange based on market value, industry revenue market share, liquidity checks, fundamentals, and other criteria, and is weighted by free float market capitalization. The exchange stated that the variety of domestic ETF products is increasingly diverse, covering securities, bonds, and commodities from major exchanges worldwide, facilitating investors in asset allocation decisions. However, all types of financial product investments carry risks, and investors are advised to carefully evaluate before investing, and it is recommended to read the prospectus before investing.
Source: YAHOO
Reported 11 months ago
On June 27, 2024, the Investment Review Council of the Ministry of Economic Affairs in Taiwan approved four significant foreign investment cases totaling around $10.511 billion. Taiwan Semiconductor Manufacturing Company (TSMC) will invest $5.26 billion to establish a 12-inch wafer plant in Kumamoto, Japan, and $5 billion to build the second phase of a 12-inch wafer plant in the US. These investments aim to cater to local customer demands, enhance strategic relationships, and contribute to the development of semiconductor technology. The investments in Japan and the US are part of TSMC's strategy to collaborate with local supply chain partners, recruit top talent, and strengthen Taiwan's technology reserves.
Source: YAHOO
Reported 11 months ago
As home prices rise, housing affordability is becoming a challenge for potential buyers, leading some to give up on homeownership according to Kinloch Partners CEO Bruce McNeilage. McNeilage discusses the build-to-rent market as an alternative, mentioning that people may not re-enter the housing market until mortgage rates drop to 5.5%. With the industry 98% leased, he anticipates a longer renting period ahead. The discussion also touches on market trends, demographics of renters, and the evolving rental housing landscape.
Source: YAHOO
Reported 11 months ago
US stocks were relatively unchanged on Thursday as investors awaited a crucial inflation reading that could impact Federal Reserve policy. The S&P 500 and Dow Jones Industrial Average inched up, while the Nasdaq Composite led gains. Chipmaker Micron's stock slid over 7%, dragging down tech stocks. Investors were analyzing economic data released, including jobless claims and GDP figures. The upcoming PCE inflation print is expected to show a modest rise, with core PCE inflation forecasted to increase 2.6% annually.
Source: YAHOO
Reported 11 months ago
Chipotle (CMG)在困難的餐飲市場中贏得投資者的支持，股價年初至今上漲近40%，分析師認為該快餐連鎖可以採取更多措施來長期保持增長，包括增加營業時間、改善忠誠計畫以提高銷售、吸引Gen Z等年輕目標族群以及利用市場趨勢等。
Source: YAHOO
Reported 11 months ago
A recent study from Zety reveals that many Americans are not saving enough for retirement, with 25% having no retirement savings and households being trillions of dollars short in their accounts. Vanguard's study shows average 401(k) balances by age group, from under $7,000 for those under 25 to over $232,000 for ages 55-64. For married couples, financial experts recommend saving 7-7.5 times their annual income, with specific savings targets varying based on age, income, and single or dual earners. Relying solely on Social Security is not advised, as benefits may not cover lifestyle needs, prompting couples to assess their financial situation and seek advice from financial advisors to grow their net worth and prepare effectively for retirement.
Source: YAHOO
Reported 11 months ago
Source: INVESTORS
Reported 11 months ago
中國科學家在分析嫦娥五號於2020年12月從月球表面採集的樣本時，發現了一個不尋常的發現，他們首次發現到天然存在的「少層石墨烯」，這可能對人類在月球表面利用當地資源的計劃產生重大影響。這一發現可能還將提供有關月球早期地質演變的新見解，並可能顛覆月球是在一顆小行星撞擊地球後形成的長期理論。
Source: YAHOO
Reported 11 months ago
TVBS news on June 27, 2024, at 3:53 p.m., Kwoneunpei will bring a refreshing and cool performance to beat the summer heat. The K-MEGA CONCERT in Kaohsiung, the most anticipated Kpop concert of the summer, will take place on July 13 at the Kaohsiung Arena, with the second phase of ticket sales starting on June 29. Red Velvet, who just released a new album, will perform, as well as other top Kpop artists, with high expectations set for the event. Various artists have recorded video messages for Taiwanese fans, and the event's director aims to make it a world-class show, selecting Kaohsiung as the first global stop for 'K-MEGA CONCERT in Kaohsiung.'
Source: YAHOO
Reported 11 months ago
Mortgage rates have declined for four straight months in a sluggish housing market, reaching their lowest since April at 6.86%. Homeowners are holding onto their properties, while potential buyers face affordability challenges, impacting pending home sales. A significant portion of available homes are considered 'stale,' with 60% of listings inactive according to Redfin. Despite continued demand, buyers are not satisfied with the current inventory, leading to price reductions in certain regions.
Source: YAHOO
Reported 11 months ago
BlackBerry（BB）的股票正在上涨，因该公司发布了其第一季度报告，意外地超过了华尔街的营收预期。Market Domination的Anchors Josh Lipton和Alexandra Canal解析了BlackBerry的最新发展，以及对股票未来走势的影响。想获取更多专家见解和最新市场动态，请在此观看Market Domination的完整一集。
Source: YAHOO
Reported 11 months ago
The Supreme Court has rejected Purdue Pharma's OxyContin settlement proposed by the Sackler family, which aimed to send $6 billion to drug treatment programs and victims' families. However, this settlement would have shielded the Sackler family from future civil litigation, leading to the Supreme Court's ruling against it. This decision affects the financial future of Purdue Pharma and the ongoing opioid crisis, putting a halt on justice for victims and delaying the company's restructuring plans.
Source: YAHOO
Reported 11 months ago
Competitive eater Joey Chestnut will skip the annual Nathan's Famous Fourth of July hot dog eating contest in NYC and instead compete at an army base in Texas this year. Chestnut, known for winning the NYC event multiple times, will face off against soldiers at Fort Bliss in El Paso in a 5-minute hot dog eating contest. The decision came after a sponsorship conflict with event organizers led to his exclusion from the NYC competition. Chestnut hopes to return to the NYC event next year but requires an apology from the organizers.
Source: YAHOO