Reported about 1 year ago
A 'ghost ship' that washed up on a Florida Panhandle beach was linked to a Texas man, Michael Barlow, who had hoped to sail it around the world. Barlow encountered a series of harrowing events, including getting stranded at sea due to severe storms, which led to the vessel being beached in Pensacola. Now facing the dilemma of spending a significant amount to repair the boat or disposing of it, Barlow remains determined to pursue his world-sailing dreams despite the financial setback.
Source: YAHOO
Reported about 1 year ago
A Delaware judge denied a request by drugmakers, including GSK and Pfizer, to appeal a ruling that over 70,000 Zantac lawsuits alleging the heartburn drug causes cancer can proceed. The judge's decision means the drugmakers will have to seek the state Supreme Court's permission directly to appeal. This paves the way for the cases to potentially go to trial, with the plaintiffs' argument relying on expert testimony linking Zantac to cancer due to the potential NDMA risk from ranitidine. Industry groups supported the drugmakers' appeal, expressing concerns about the standards of evidence in Delaware.
Source: YAHOO
Reported about 1 year ago
The National Taxation Bureau of Taipei under the Ministry of Finance announced that receiving severance pay from a company at once is considered as 'retirement income,' thereby qualifying for the fixed tax exemption when receiving retirement income in a lump sum. An individual successfully argued that a portion of the income reported by the former company as salary income was actually severance pay. After clarification and reclassification by the tax bureau, the tax calculation was adjusted accordingly. The distinction between salary income and retirement income is crucial for tax purposes, with salary income being subjected to special deductions, while receiving severance pay as retirement income falls under the fixed tax exemption regulations.
Source: YAHOO
Reported about 1 year ago
Following uncertainties brought by the U.S. presidential debate and latest inflation data, the market sentiment turned cautious. While major U.S. indices were relatively weak last week, emerging Asian stocks saw mixed performances, with the Philippines rising 4.1% and South Korea attracting $350 million in inflows. In the first half of 2024, South Korea led in inflows with $17.13 billion, followed by Taiwan with $4.38 billion. Taiwan stock had the strongest performance among Asian stocks with a 28.45% increase. The economic fundamentals in Taiwan remain stable, supported by the hot trend of technological innovation, making long-term bullish trends favorable for investors to position themselves in ETFs benefiting from the Taiwan stock rise. In contrast, the Vietnamese stock market saw some volatility and closed 2.9% lower last week, with expectations for economic recovery in the second half.
Source: YAHOO
Reported about 1 year ago
According to the latest data on Taiwan Stock ETF beneficiaries' stock dispersal statistics, the number of beneficiaries of 62 Taiwan Stock ETFs increased by 139,255 in the past week, reaching 8,700,810 beneficiaries, setting a new high for 18 consecutive weeks. Among these ETFs, the newly ex-dividend Cathay Taiwan High Dividend ETF (00919) gained 30,077 new beneficiaries, capturing the spotlight. Market professionals suggest that investing in high dividend ETFs like 00919 is a good choice for long-term investors due to their lower volatility compared to individual stocks and the market index. Investors are advised to take advantage of the recent pullback in the Taiwan Stock Market and the discounted prices after dividend distribution to strategically build a long-term position.
Source: YAHOO
Reported about 1 year ago
Google announced its investment in green energy in Taiwan, partnering with Climate Infrastructure Investor BlackRock and Taiwan's Yung-Hsin Energy to accelerate the transformation of Taiwan's power grid by developing a 1 GW solar energy asset project. This marks the first time an operator with a large data center in Taiwan has invested in green energy independently. The move aims to address Taiwan's tight green energy supply, with Google planning to create a significant solar power plant to meet its needs and potentially become Taiwan's largest solar power plant to date.
Source: YAHOO
Reported about 1 year ago
Starting July 1, 2024, Taiwan enters the carbon pricing era, with domestic companies eager for carbon trading to begin. The Environmental Protection Administration has specified the only designated carbon exchange as the trading platform, with detailed disclosure of carbon credit information to prevent false claims and greenwashing. To prevent carbon trading from becoming a new scam, the administration has entrusted the carbon exchange to establish a domestic carbon credit trading platform exclusively for businesses, prohibiting private units from engaging in carbon credit brokering or trading. This centralized approach aims to enhance transaction security and prevent business fraud, ensuring genuine and secure carbon credit transactions. Additionally, the management regulations include detailed carbon credit information to avoid mismatches with companies' needs, enhancing the credibility and effectiveness of carbon credits.
Source: YAHOO
Reported about 1 year ago
According to data from the Ministry of Transportation, the car market has been affected by the booming real estate market, with car sales in June, the traditional peak season, growing only by 0.3% month-on-month but dropping 1.9% year-on-year, below expectations. Car manufacturers expanded promotional offers to boost sales, but overall market registrations were lower than anticipated. The increase in demand for housing, particularly among young people, has impacted car sales, with domestic car sales falling short of expectations. The industry is optimistic about continued demand and expects the total market to reach 450,000 cars for the year, with July expected to see 42,000 car registrations.
Source: YAHOO
Reported about 1 year ago
According to sources, US President Biden's poor performance in a presidential debate on June 27 shocked Democrats. Biden's campaign team and financial backers pointed out that he was 'over-trained' for the debate, leading to a disastrous performance. It was revealed that Biden appeared unwell due to his physical condition on the day of the debate, despite reminders from senior aides to rest beforehand. Calls were made for senior aide Dunn, who took charge of Biden's debate preparations, to reflect on or resign. However, Biden's team stated that no personnel changes were being considered despite the criticism.
Source: YAHOO
Reported about 1 year ago
A kind elderly man, Mr. Xie, agreed to give a ride to two strangers on his motorcycle down a hill in New Taipei City, resulting in a fatal accident due to overloading and brake failure. Despite the family of the deceased forgiving Mr. Xie unconditionally, the court sentenced him to 4 months in prison for causing death due to negligence without a license. The incident occurred in March 2023, and Mr. Xie's warm-hearted gesture inadvertently led to tragic consequences.
Source: YAHOO
Reported about 1 year ago
An individual tried Italian beef sandwiches from three popular Chicago chains - Buona, Portillo's, and Al's Beef. Buona's sandwich was underwhelming, Al's beef was overpowering, while the sandwich from Portillo's was the most flavorful and worth the wait. The article describes the experiences at each location, highlighting the taste, atmosphere, and overall impression of the sandwiches. Ultimately, the individual found that Portillo's was the only chain they would return to for Italian beef due to its delicious flavor and well-balanced qualities.
Source: YAHOO
Reported about 1 year ago
Many large hospitals have VIP contracted clinics providing patients with high-standard one-stop services. While there are claims of hospitals in southern Taiwan charging up to NT$6,000 for priority bed arrangements, major medical centers in Taichung, Tainan, and Kaohsiung offer special clinics with registration fees capped at NT$2,500. These clinics, such as the 'Radiant Clinic' in Taichung or 'Eminent Clinic' at Chang Gung Memorial Hospital, emphasize user payments and effective patient flow management. They offer services like high privacy, no call system, personalized nursing guidance, exclusive parking, and comprehensive consultation, attracting many reservations.
Source: YAHOO
Reported about 1 year ago
Following the launch of the Blue Carbon Project in mid-June, Taiwan's Carbon Exchange has now introduced removal-type carbon credits with around 10,000 tons from a reforestation project in Paraguay. The Environmental Protection Administration announced the 'Regulations for Greenhouse Gas Emission Allowance Trading Auctions and Transfers', set to be implemented on August 15, paving the way for the first batch of domestic carbon credits to be available by the end of September. The Carbon Exchange aims to provide a platform for carbon credit trading to monitor emissions reductions and prevent speculation, ensuring transparency and compliance with regulations.
Source: YAHOO
Reported about 1 year ago
During the Taiwan competition for the 2024 Institution King World Championship, students from Changhua County schools excelled and secured the opportunity to represent Taiwan in the world championship in Indonesia. The students put in extra effort after school and on holidays, honing their skills in teamwork, practicality, and programming. Their impressive performance earned them 2 gold, 2 silver, and 2 bronze awards at the Taiwan competition, showcasing their creativity and problem-solving abilities through tasks involving building blocks, hands-on activities, and programming. The competition attracted 297 teams from across Taiwan, with close to a thousand participants competing for a spot in the world championship.
Source: YAHOO
Reported about 1 year ago
As of July 1, 2024, Thailand leads ASEAN in car production and is projected to become a major hub for electric vehicle production by 2025. Despite economic challenges affecting car sales, Thailand's car production has been steadily recovering post-COVID, with 2023 seeing a total output of 1.835 million vehicles. The country aims to achieve 30% electric vehicle production by 2030 and a complete ban on fuel vehicles by 2035, with major growth expected in the BEV market segment. Chinese and Japanese automakers dominate Thailand's car sales market, with Toyota leading the pack. By implementing supportive policies and subsidies for electric vehicles, Thailand is paving the way for an electric vehicle revolution in the ASEAN region.
Source: YAHOO
Reported about 1 year ago
Dollar loan sales in Asia, excluding Japan, hit their lowest point since 2010 due to increased borrowing costs in USD, prompting companies to seek alternative financing or delay plans. The volume of loans dropped by 44% to $45.5 billion, the lowest in over a decade, in contrast to the global trend of a 37% increase to nearly $2 trillion in the first half of 2024. Asian borrowers are turning away from USD funding due to higher interest rates and exploring other debt options like local-currency bonds and bank financing.
Source: YAHOO
Reported about 1 year ago
Tainan's Zhen Shan Mei Theater, which cost 120 million to build, announced unexpectedly on Facebook that it will close on August 1. The sudden news has drawn attention from many netizens. The theater expressed gratitude for the support and memories created with movie enthusiasts but cited various environmental factors for the closure. They will release further notices on handling member points and group tickets and welcome everyone to take photos in the theater before closure.
Source: YAHOO
Reported about 1 year ago
根據櫃買中心公布的資訊顯示，在2023年非擔任主管職務之全時員工平均薪資前十強中，股王信驊以324.8萬元奪冠，位居榜首。在前十名中，有七檔是半導體業公司，而總發放金額最高的上櫃公司是世界，共發放83億元給員工。此資訊與之前揭露的「2023年度財務報告員工薪酬資訊」有所不同，排除經理人和部分工時的員工。
Source: YAHOO
Reported about 1 year ago
Taipei, July 1, 2024 - The Taiwan Stock Exchange successfully welcomed more companies in the biotech and medical fields to go public and head towards the international stage. Three biotech companies were invited to share their reasons for choosing Taiwan over the US for IPOs, citing lower listing costs and more flexible regulatory standards post-IPO. The exchange offers the Main Board and the Innovation Board, each catering to different company profiles based on core criteria like capital and profitability (Main Board) or market value and growth potential (Innovation Board).
Source: YAHOO
Reported about 1 year ago
Morgan Stanley recently held a 'Taiwan Trip' with heavyweight analysts from the U.S., U.K., Japan, etc., coming together in Taiwan to assess and compile seven conclusions. They are optimistic about the prospects of Taiwan Semiconductor (2330), King Yuan Electronics (2449), Sunplus Technology (5274), MediaTek (2454), and Elan Microelectronics (5269) in the second half of the year, rating them all as 'outperforming the market'. Morgan Stanley also reiterated positive views on Nvidia's prospects and other major Taiwanese GPU supply chain firms, emphasizing their outperformance.
Source: YAHOO
Reported about 1 year ago
In preparation for Biotech Month in July, the Taiwan Stock Exchange held a seminar to encourage more landmark biotech companies to go public and become members of the exchange. The Chairman emphasized the benefits of listing, such as utilizing diverse financial tools, understanding market operations better, and improving corporate governance. Through initiatives like the Innovation Capital Leadership Seminar, the Taiwan Stock Exchange aims to increase the market value of biotech industry within three years and has already seen significant growth. Government support, policy implementation, and cross-border collaborations are also key factors in nurturing Taiwan's biotech sector for sustainable development and global competitiveness.
Source: YAHOO
Reported about 1 year ago
Since its debut in 2019, the global first foldable phone has now entered the mass production stage, leading to increased maturity in technology and a more affordable pricing in 2024. Brands like Huawei, Honor, and Samsung are set to release budget-friendly foldable phone models to target mid-range consumers outside the premium segment. Research by TrendForce indicates that foldable phone shipments reached around 18.3 million units in 2023, accounting for 1.6% of the smartphone market, with an estimated 25.2 million units to be shipped in 2024, expanding its market share to 2.2%. The move towards budget foldable phones is driven by Huawei, Honor, and Xiaomi, and even Samsung is rumored to join the competition soon, potentially further expanding foldable phone penetration rates. These budget models, priced between $600 to $700, are made possible by improved yields and mass production of key components like flexible panels, hinges, and bearings, leading to a decrease in production costs and likely impacting the budget phone market, intensifying competition among major players like Samsung, OPPO, Apple, and Huawei.
Source: YAHOO
Reported about 1 year ago
台股ETF除息檔數創歷史新高，高達18檔，包含規模龐大的ETF如元大台灣50、元大高股息、復華台灣科技優息、元大台灣價值高息、富邦台50等，逾436.5萬投資人紛紛參與。配息金額介於0.058元至1.11元，配息殖利率介於0.37%至5.98%，自7月11日至25日陸續除息。小型ETF表現較為優秀，中信成長高股息成為除息黑馬，中信上櫃ESG 30則以配發1.11元高達5.98%的殖利率脫穎而出。其中，元大高股息為例外，擬配1.7元，規模攀升至3,015億元，而元大台灣50和富邦台50則擬配1元和0.783元。
Source: YAHOO
Reported about 1 year ago
Taiwan Stock Exchange recently announced the average salaries of full-time non-supervisory employees of listed companies, revealing that six companies have average salaries exceeding 3 million NT dollars, with MediaTek (2454) maintaining the champion title for three consecutive years with 3.754 million NT dollars. TSMC (2330) ranked 7th with 2.842 million NT dollars. In terms of salary growth, MediaTek saw the most significant increase from 66.2 million to 358.1 million NT dollars. The statistics also revealed that most of the top 10 companies were from the technology sector, with only one from the non-technology sector, dominated by semiconductor companies. The data excluded part-time and irregular staff, making it distinct from other salary statistics previously released by the stock exchange.
Source: YAHOO
Reported about 1 year ago
A 72-year-old Taiwanese tycoon was deceived by a fraudulent scheme impersonating financial expert Xie Jinhe, losing 170 million NTD in the largest financial loss due to fake investment fraud in Taiwan's security history. The tycoon, who is involved in various industries such as real estate and hotels, believed he was communicating with Xie Jinhe through LINE, leading to multiple transactions totaling the staggering amount. Authorities have already apprehended several individuals involved in the scam and are expanding investigations. This incident surpasses a previous case where a woman was deceived of 180 million NTD by fake police officers, highlighting the severity of fraudulent activities in Taiwan.
Source: YAHOO