Reported 11 months ago
On June 26, 2024, the Bank for International Settlements (BIS) recommended in its latest report that central banks around the world should leverage the advantages of artificial intelligence (AI) to assist in predicting economic and financial market trends. While AI should aid in analyzing data, the report emphasized that AI technology should not replace human judgment when formulating interest rate policies. The BIS report highlighted the significant impact AI will have on financial systems, labor markets, productivity, and economic growth.
Source: YAHOO
Reported 11 months ago
In the past, institutional investors dominated the subscription of a bond ETF, but with ETF investing becoming popular, particularly in U.S. bond ETFs attracting middle-class financial planning with signals of U.S. rate cuts, the number of individual beneficiaries of domestic bond ETFs surged by 8.7 times from January last year to now, while institutional beneficiaries increased by 2.2 times. The structure of beneficiaries changed notably as retail investors flooded into bond ETFs, with the total number of beneficiaries growing from 17.56 thousand individuals and 2,293 institutions in January last year to 170.39 thousand individuals and 7,422 institutions by the end of May this year, marking an 8.7 times and 2.2 times increase respectively.
Source: YAHOO
Reported 11 months ago
Following Shanghai, Guangzhou, and Shenzhen, Beijing announced on June 26, 2024, the relaxation of housing policies to complete the puzzle for first-tier cities by lowering down payment rates. The down payment for the first property was reduced from 30% to 20%, along with a decrease in loan interest rates adjusted to 3.5% for the first property. With expectations in the market, Beijing finally followed suit. The minimum down payment rate for the first property was reduced from 30% to 20%, while for the second property, it is divided into within and outside the Fifth Ring Road with minimum rates of 35% and 30% respectively. Loan interest rates were also adjusted accordingly, providing relief and benefits to potential homebuyers and families with multiple children.
Source: YAHOO
Reported 11 months ago
South Korea's industry, government, and academia all praise the 'Taiwanese model' for semiconductor development, acknowledging Taiwan's comprehensive technology industry structure thanks to leaders like Li Kuo-ting and Sun Yun-suan. These figures from Taiwan have influenced not only South Korea but also mainland China, with their innovative economic and technological approaches serving as models for development. As global economies look for leaders like Li and Sun, it prompts the question in Taiwan: where are our next visionaries?
Source: YAHOO
Reported 11 months ago
On June 26, 2024, Minister of Economic Affairs Guo Zhihui led a delegation of Taiwan business leaders to the US to participate in the SelectUSA event. During meetings with US government officials, important associations, industry stakeholders, and congress members, they advocated for swift legislation of the 'Taiwan-US Avoidance of Double Taxation Agreement (ADTA)' and also conveyed the Taiwanese business sector's desire to expand and extend tax deduction benefits. Minister of Finance Zhuang Cuiyun also expressed efforts to promote ADTA in the Legislative Yuan, emphasizing ongoing communication and commitment post-US election. Officials on both sides are optimistic about the legislation's potential to attract more Taiwanese businesses to invest in the US, benefiting from reduced tax burdens and US government support.
Source: YAHOO
Reported 11 months ago
Real estate tycoon Grant Cardone has shown support for former President Donald Trump's plan to assume executive control of the Federal Reserve, criticizing Fed Chair Jerome Powell and highlighting concerns about the central bank's impact on the American economy. Cardone's endorsement comes in the midst of a proposal by Trump's allies to subject Fed policies to White House review, potentially allowing the president to influence interest rate decisions.
Source: YAHOO
Reported 11 months ago
An insider reveals that Miranda Lambert has warned her husband, Brendan McLoughlin, about 'embarrassing her' after he was seen in a video showing PDA with other women at her bar in Nashville. The source mentions that Miranda takes their marriage seriously and is upset about Brendan's behavior, considering his past infidelity. While Miranda trusts Brendan, his actions at the bar have caused embarrassment, leading to speculation and discussions in town. Both Miranda and Brendan have not commented on the matter publicly.
Source: YAHOO
Reported 11 months ago
Creepy Nuts’ viral hip-hop hit 'Bling-Bang-Bang-Born' maintains its 19th week at the top of the Billboard Japan Hot 100, with IS:SUE’s new release 'CONNECT' debuting at No. 2. 'Bling-Bang-Bang-Born' ranks high in various categories like downloads, streaming, video views, and karaoke, inching closer to the all-time record for most weeks at No. 1. IS:SUE's debut track, 'CONNECT,' took the second spot with strong CD sales and radio performance. Other notable entries include JEONGHAN X WONWOO’s 'Last night (Guitar by Park Juwon)' and Mrs. GREEN APPLE’s 'Lilac.'
Source: YAHOO
Reported 11 months ago
Moderna股票下跌，因公司表示其新批准的RSV疫苗在18個月後僅約50%有效。Yahoo Finance的Anjalee Khemlani分析了疫苗的效力以及與競爭對手GSK和Pfizer的類似疫苗相比較。想獲得更多專家見解和最新市場動向，請點擊這裡觀看完整的Market Domination Overtime節目。
Source: YAHOO
Reported 11 months ago
Following destructive storms in the Midwest, such as in South Sioux City, Nebraska, where Rick Satterwhite had to pump water out of his basement due to flooding from the Missouri River, many residents are realizing the importance of flood insurance. However, data shows that only about 26,500 flood insurance policies have been issued across the flooded states of Nebraska, South Dakota, Iowa, and Minnesota. The lack of insurance can lead to financial burdens on homeowners and increased reliance on nonprofits and government assistance, especially as climate change exacerbates flood risks.
Source: YAHOO
Reported 11 months ago
Shares of Nikola, an electric heavy truck maker, surged as much as 16% in early trading due to positive news in the EV sector, including a large investment in fellow EV maker Rivian by Volkswagen. Despite initial gains, Nikola's stock price decreased, but still closed 3.4% higher. Nikola recently underwent a reverse stock split to maintain its Nasdaq listing, but investors should remain cautious as the company still faces challenges in securing financial stability. The article advises caution before investing in Nikola.
Source: YAHOO
Reported 11 months ago
The US House Ways and Means Committee is set to vote on a proposal allowing Medicare to cover GLP-1 weight-loss drugs like Novo Nordisk's Wegovy and Eli Lily's Zepbound. The bill aims to amend part of the Treat and Reduce Obesity Act of 2023 by providing continued coverage under Medicare for seniors who have been on obesity drugs for at least one year before enrolling in Medicare, excluding those overweight with related diseases. The vote scheduled for tomorrow marks a significant milestone for the long-waited bill, with both companies lobbying for its passage. The congressional budget office will estimate Medicare's cost implications if the bill is approved.
Source: YAHOO
Reported 11 months ago
Nike stock dropped 11% in after-hours trading as the company announced expectations of a mid-single-digit revenue decline in 2025, with a projected 10% decrease in the first quarter. Despite exceeding earnings expectations, Nike's fourth-quarter revenue fell 2% from the previous year to $12.61 billion, below analysts' estimates. The company's efforts to boost sales growth amidst a challenging year for the stock have yet to yield significant results, with concerns raised over weakening growth and management patience wearing thin among investors.
Source: YAHOO
Reported 11 months ago
E! News revealed the chilling trailer for the TV adaptation of the popular book 'A Good Girl's Guide to Murder,' set to premiere on Netflix in August. The series follows Pip as she investigates the murder of her schoolmate, Andie Bell, casting doubt on the initial perpetrator. As danger lurks closer, the trailer hints at a suspenseful whodunit storyline. With a talented cast and a promising storyline, anticipation is high for this upcoming release.
Source: YAHOO
Reported 11 months ago
Anas Saleh, a 24-year-old man from Staten Island, was arrested after taking over an NYC subway car and asking passengers to identify as Zionists. He later stated, 'this is your chance to get out.' Saleh turned himself in after the incident and has been charged with attempted coercion. The incident, which occurred during a protest in the city, was not considered a hate crime, and authorities are actively investigating the case.
Source: YAHOO
Reported 11 months ago
This article features a list of 10 best kids' backpacks designed to withstand the wear and tear of a school year. The selections include backpacks for various age groups, from toddlers to teens, and are tested for durability and functionality. The article also provides safety tips for choosing the right backpack for kids, such as ensuring proper size and weight distribution. Additionally, it highlights features of each backpack, from organization compartments to water-resistant materials.
Source: YAHOO
Reported 11 months ago
US regulators are close to approving exchange traded funds (ETFs) tied to the spot price of ether, with talks between asset managers and regulators reaching the final stages. Eight asset managers, including BlackRock and Grayscale Investments, are seeking SEC approval for these funds. The process of amending offering documents is almost complete, with approval expected within a week or two. The launch of ether ETFs is anticipated to be less impactful than the previous bitcoin ETF launch due to differences in market size and investor interest.
Source: YAHOO
Reported 11 months ago
FedEx股票（FDX）在周三交易中持續大幅上漲，因運輸和包裹服務公司在星期二超出了財務第四季度盈利預期。除了積極的結果外，該公司宣布了一項價值25億美元的股票回購計劃，並提高了其2025年全年指引。Market Domination的Julie Hyman和Josh Lipton分析了FedEx股票的動能，評估了其運輸部門的價值以及成本削減措施的成功。
Source: YAHOO
Reported 11 months ago
Amazon's stock surged 4.1% on Wednesday, attributed to a positive outlook from Bank of America analysts who maintained a buy rating and raised the price target to $220. Another contributing factor was Amazon's investment in Rivian Automotive, with news of a new joint venture with Volkswagen propelling Rivian stock up over 20%. As Amazon stock has increased by over 50% in the past year, it remains a desirable investment opportunity due to its various growth catalysts and attractive valuation.
Source: YAHOO
Reported 11 months ago
亞馬遜首次突破2兆美元的股市價值，成為獨特的2兆美元俱樂部成員。亞馬遜股票市值在週三收盤時上漲近4％，使這家總部位於西雅圖的公司的股市估值達到2.01兆美元。亞馬遜近12個月增長了52％，其中部分原因是對公司在人工智能方面的投資。亞馬遜現在加入谷歌母公司Alphabet、軟體巨頭微軟、iPhone製造商蘋果和芯片製造商英亞等市值至少2兆美元的公司之列。
Source: YAHOO
Reported 11 months ago
Uber Freight and Aurora have collaborated on autonomous Drivers-as-a-Service, discussed in episode 728 of WHAT THE TRUCK?!? The partnership involves analyzing the deal in autonomous trucking, highlighting the aspects of Drivers-as-a-Service. The episode also covers Gatik's progress in mass-producing autonomous trucks, Reliance Partners' Haulin’ for the Holidays fundraiser, Qued’s new scheduling API partnership, and other industry news like trailer fires, tender rejects, and Dali's sail. More details can be found on FreightWaves.
Source: YAHOO
Reported 11 months ago
Goldman Sachs has brokered a deal for Spanish football club Real Betis Balompie SAD to refinance its €120 million debt, with Goldman also considering financing the development of a new stadium for the club. The club aims to raise €100-150 million for the stadium revamp, with BNP Paribas assisting in exploring broader project options including a hotel and wellness center. This refinancing follows Goldman's involvement in sports-related deals in Spain, including with Sevilla FC and FC Barcelona.
Source: YAHOO
Reported 11 months ago
富豪汽車將推遲向美國運送其EX30電動車，以便專注於擴大致小型SUV的生產來源中國以外，因為美國對該國出口實施高關稅。Volvo此前表示將在今年晚些時候開始向美國銷售EX30，但周三一位發言人告訴路透社，由於美國政府對中國電動車進口實施的關稅超過100%，交付將推遲至2025年。
Source: YAHOO
Reported 11 months ago
In a recent clash in the South China Sea, Chinese coast guard sailors wielded axes, leading to a Philippine sailor losing his thumb, escalating tensions between Beijing and Manila. While the Philippines and the US condemned China's actions as reckless and a threat to regional peace, both parties are cautious in responding to avoid exacerbating the crisis. The incident highlights Manila's challenge in pushing back against China without stronger support from the distracted US allies. Despite efforts to reduce tensions and seek dialogue, the situation remains delicate, prompting concerns over potential further escalation.
Source: YAHOO