Reported about 1 year ago
Senior journalist Li Jinqi announced on June 30, 2024, at 7:18 p.m. Honeywell Asia Investment released the third-quarter bond outlook, forecasting that the overall U.S. economy may not meet rate cut conditions until the second half of the year, delaying the rate cut to September, with an estimated rate cut room of 1-2 steps this year. Investors should capitalize on the high-interest environment before the monetary policy shifts, increasing bond asset allocations. Honeywell Asia Investment's Head of Fixed Income, Zhou Xiaolan, stated that with investors' increasing risk appetite, this year, non-investment-grade bonds have performed better; the Federal Reserve's policy rate remains far above the neutral rate, and there may be further modest rate cuts next year. The market also anticipates a potential decline in the U.S. 10-year treasury yield over the next few months, but 4% remains a resistance level. Despite the high yield levels, substantial buying interest has returned, and the bond market is not expected to see the massive selling pressure observed in 2022. Zhou Xiaolan also mentioned that compared to 2018-2019, liquidity should not be a concern currently, despite the decrease due to rate hikes and balance sheet reductions. Looking at the third quarter, Honeywell Asia Investment relatively favors the performances of investment-grade and non-investment-grade bonds. Zhou Xiaolan highlighted the key risks for investment-grade bonds being the reduction of interest rates in the backdrop of weaker U.S. economic growth than expected. Better economic growth, higher interest rates, and less Fed rate-cut space would all benefit interest spreads for investment-grade bonds. Given the current strong market technicals, relatively higher U.S. bond yields, and a slowdown in supply, there are expectations for continued interest spread convergence. As for non-investment-grade bonds, Zhou Xiaolan mentioned that due to their decent fundamentals and controllable downside risks, these bonds are attractive on valuation terms. While interest spreads continue to narrow, total yield rates remain enticing, offering opportunities for absolute returns and cumulative interest accumulation. Amid moderate rate cuts, controllable interest spreads, and a mild default environment, the expectation is a close to double-digit return opportunity for non-investment-grade bonds in the next 12 months. Zhou Xiaolan noted that non-investment-grade bonds have been attracting continuous fund inflows, with fewer issuances compared to previous years. The market technical outlook remains optimistic, and interest spreads may continue to linger at relatively low levels or expand mildly. Fundamentally, many lower-quality issuers have been refinancing through private loans or bank borrowings. Future potential rate cuts are expected to benefit many industries and issuers, such as the real estate sector.
Source: YAHOO
Reported about 1 year ago
According to SETN News, on June 30, 2024, at 11:40 p.m., a luxury car caught fire suddenly at the intersection of Lane 57 on Tonghua Street near Taipei's Tonghua Night Market. Flames were seen coming from both sides of the front of the car, and the incident was captured by bystanders and shared on social media. The exact cause of the fire and any injuries are still under investigation. For further updates, stay tuned to SETN News.
Source: YAHOO
Reported about 1 year ago
Transportation Minister Li Meng-yan visited Yilan on June 30 to inspect the plan to link National Expressway No. 5 to the Su-Hua Highway Improvement Project, aiming to complete the environmental impact assessment by the end of July. The project seeks to alleviate traffic congestion between National Expressway No. 5 and the Su-Hua Highway, with the hope to enhance transportation efficiency and safety for the residents and travelers in the region.
Source: YAHOO
Reported about 1 year ago
On July 1, 2024, North Korea conducted a missile test, launching two missiles towards the east coast with the second one appearing to have failed and likely crashed inland near Pyongyang. South Korea's military assessed that these launches might be a showcasing of weapons for potential buyers, including Russia. The South Korean government strongly condemned North Korea's actions as a serious threat to peace and stability in the Korean peninsula, sharing information with Japan and the US. This recent missile test by North Korea follows previous threats and criticisms towards joint military exercises involving South Korea, Japan, and the US. It is believed that North Korea's missile launches serve as a demonstration of their weaponry to potential buyers, with the first missile identified as a KN-23 missile, potentially similar to the one reportedly used by Russia in Ukraine. Additionally, a previous high-speed missile test by North Korea last month was unsuccessful. The first launch was around 600 km, while the second traveled around 120 km before crashing. No casualties or damages were reported as of now.
Source: YAHOO
Reported about 1 year ago
On June 30, 2024, TVBS News reported that the influence of southwestern winds continues to bring hot weather, with temperatures reaching as high as 38 degrees in the southeastern region. Thunderstorms are expected in the afternoon in the northern regions, Yilan and Hualien areas, and mountainous areas with a possibility of localized heavy rain. The Central Weather Bureau warns of temperatures ranging from 33 to 36 degrees across Taiwan, with some areas exceeding 36 degrees due to heat convection, particularly in the southeastern region. It is advised to protect against sunburn, stay hydrated, and beware of heat-related injuries. Strong southwestern winds may cause strong gusts in open coastal areas, and rough seas nearby. Meteorologist Lin Deng-en indicates a prolonged period of hot weather due to southwestern winds and the influence of the Pacific high-pressure system moving westward. Several cities and counties are under an orange heat warning, urging precautions against heat-related issues and adequate hydration. Air quality forecasts show relatively good conditions across various regions, with the north facing slight pollution accumulation. For more information, visit the Central Weather Bureau and Ministry of the Environment websites.
Source: YAHOO
Reported about 1 year ago
According to a report by broker Howden, cyber insurance premiums are decreasing globally as businesses improve their ability to mitigate losses from cybercrime, despite an increase in ransomware attacks. The drop in premiums is attributed to improved security measures such as multifactor authentication and increased investment in IT security and staff training. With insurers showing more interest in offering cyber insurance, prices are falling, even as cyber attacks continue to rise. The report also notes that the global cyber insurance market, valued at $15 billion, is expected to see the fastest growth in Europe in the coming years, primarily due to lower current penetration levels.
Source: YAHOO
Reported about 1 year ago
According to the Tang Qiyang horoscope fortune weekly report from 7/1 to 7/7, the influence of the stars includes Neptune retrograde, Mercury entering Leo, opposition between Pluto and Mercury, and the sun getting closer to Neptune retrograde. Handling issues that were previously avoided is emphasized, and inner issues need healing. Each zodiac sign is advised individually regarding work and relationships, with Gemini facing obstacles in work progress and a stalemate in relationships.
Source: YAHOO
Reported about 1 year ago
A female netizen with a tourism degree shared her interest in HR work and her interview experience. After a preliminary phone interview, she was scheduled for an on-site interview with a manager next week. She asked about potential HR interview questions and topics that might arise and stated that she was not interested in shift work. However, the hotel might have tried to persuade her to switch to a front desk position. Experts pointed out that this could be a recruitment trap, noting similar experiences. It is essential for job seekers to be cautious during interviews, as attitudes displayed during the interview process are crucial for selection.
Source: YAHOO
Reported about 1 year ago
Property catastrophe reinsurance rates showed a decline in July according to a report by reinsurance broker Guy Carpenter. The rates ranged from being unchanged to falling by 'mid- to high-single-digit' percentages, marking a change from previous years of rate increases. Insurers attribute the price adjustments to the profitability of reinsurers being boosted by high prices in recent years, despite global catastrophe insured losses reaching nearly $50 billion in the first half of the year. Catastrophe bonds also saw a record issuance in the first half, offering a good return without payouts if a specific catastrophe is triggered.
Source: YAHOO
Reported about 1 year ago
On Friday, June 28, the Taiwan stock market opened with a slight 9.26-point drop, but ended in the green at 23,032.25 points, up by 126.27 points. Proprietary traders bought NT$28.554 billion and sold NT$29.455 billion last week, with a net selling of NT$0.9 billion. The top-selling ETF last week was the Yuanta Taiwan High Dividend ETF (00919), with 4,943 shares sold. This ETF had a dividend distribution of NT$0.7 per share on July 15. Additionally, the 00919 was also among the top 10 ETFs that proprietary traders sold off last week.
Source: YAHOO
Reported about 1 year ago
FTNN News Network article discusses rumors of a Chinese Xinhua News Agency journalist monitoring and directing the content of a political talk show in a Taiwanese TV studio, sparking investigations by the Mainland Affairs Council, Ministry of Culture, and NCC. The article questions the feasibility of such monitoring given the studio's security measures, and highlights the frequent media exchanges between Taiwan and China orchestrated by the Chinese Communist Party to influence Taiwan's public opinion. The investigation aims to determine if there was any interference in the show's content and the potential consequences for the Taiwanese government and media industry.
Source: YAHOO
Reported about 1 year ago
In a report by Da Ai TV on June 30, 2024, at 6:58 PM, the issue of consumerism is highlighted, questioning whether people buy out of necessity or desire. In Kuantan, Pahang, Malaysia, the Tzu Chi Environmental Protection Station discovered a pile of clothes from fast fashion brands, some with price tags intact, discarded at the station.
Source: YAHOO
Reported about 1 year ago
A young man with a disability in Kaohsiung, Taiwan, was sitting in the priority seat on the MRT when he was attacked by two elderly individuals who forcibly pulled his hair and hit his head on the window. Initially blamed for causing the altercation, it was later revealed that the man had been assaulted by the two individuals. The social bureau condemned the violence and provided support for the victim, emphasizing the need to respect differences and not jump to conclusions. The incident sparked a debate on the appropriate use of priority seats on public transportation in Taiwan.
Source: YAHOO
Reported about 1 year ago
On June 30, 2024, at 6:55 pm, a Thai woman caused chaos at the Charle & Keith (CK) counter in Taipei 101 shopping center, smashing items, shouting, and even exhibiting violent behavior, which was recorded by onlookers. Taipei 101 promptly responded with security measures, and Charle & Keith released an initial estimation of the damaged goods. The woman, whose identity remains uncertain, was taken to a psychiatric hospital for treatment due to her aggressive behavior.
Source: YAHOO
Reported about 1 year ago
On Tzu Chi TV, June 30, 2024, at 6:50 PM: Today's segment of 'Good Morning Tzu Chi Love' discusses the UN climate change conference where Tzu Chi has been participating for over a decade. In recent years, the influence of faith-based organizations on this issue has been growing, thanks to a dedicated group of volunteers who work tirelessly on the international stage to address issues like food crisis.
Source: YAHOO
Reported about 1 year ago
Due to extreme weather conditions such as warm winters, the flowering rates of lychee and longan in Taichung City, Taiwan have been low this year, leading to a honey production rate of only 20%. Despite the Council of Agriculture including beekeepers as disaster relief recipients, the beekeeping industry is still facing operational difficulties. Beekeepers are experiencing significant losses with high input costs and low honey yields, as well as challenges like using artificial methods for pollination leading to bee poisoning and decreased bee populations due to high temperatures.
Source: YAHOO
Reported about 1 year ago
Members of Joe Biden’s family privately criticized his top campaign advisers at Camp David, blaming them for his debate flop and advocating for their removal. The family urged Biden to fire or demote individuals within his political team, including Anita Dunn, Bob Bauer, and Ron Klain. Despite the family's frustrations, there is no immediate expectation that Biden will act on their advice. The family also expressed concerns about Biden's debate preparation and performance, with some attributing his poor showing to being overworked and not well-rested.
Source: YAHOO
Reported about 1 year ago
In the 'History Today' segment of Da Ai TV on June 30, 2024, at 6:48 PM, they look back on events from July 1st. In 1983, the Qilian Care and Rehabilitation Center announced their support for the establishment of Tzu Chi College, with leprosy patients making donations to support the cause, earning praises from Dharma Master Cheng Yen as a pure land surpassing heaven. For more news, visit Da Ai, covering highlights like the 6th Little Fatty Willie Camp and the opening of the Jing Si Hall in Wanhua in 2012.
Source: YAHOO
Reported about 1 year ago
The new regulations on telemedicine and teleconsultation took effect on June 30, 2024, benefiting around 2.47 million patients who can now receive medical consultations from home via video calls. The new system covers ten major categories of patients, including chronic patients and those requiring emergency care such as peritoneal dialysis or home urgent care. This expansion aims to provide easier access to medical care, especially during the COVID-19 pandemic, and the new regulations also include provisions for special circumstances and conditions. Additionally, a trial program for home urgent care will benefit around 5,000 patients annually by providing medical services at home for conditions like pneumonia, urinary tract infections, and soft tissue infections, reducing healthcare costs and improving patient care.
Source: YAHOO
Reported about 1 year ago
Starting today, the new regulations for 'Telemedicine and Telecare Treatment' have been implemented, benefiting nearly 2.5 million people. Dr. Li Bozhang, Professor at the School of Public Health at Taipei Medical University and former director of the National Health Insurance Administration, suggests that video consultations should also follow a graded medical system to reduce unnecessary waste of healthcare resources. The innovation in at-home emergency care has been well-received, with features like remote monitoring and the potential for emergency home visits to enhance patient care.
Source: YAHOO
Reported about 1 year ago
As the COVID-19 pandemic worsens, there has been a recent surge in the purchase of epidemic prevention supplies in Taiwan, with the top five products being masks, rapid test kits, alcohol, vitamin C, and throat lozenges. Demand for masks has increased by 50%, and people are now less concerned about designs and more focused on functionality. Alcohol sales have increased by 40%, with a shift from small to large packaging. Free rapid test kits that used to be unpopular are now in high demand. Sales of throat lozenges have also increased by about 20%, reflecting the health concerns of the public during the pandemic.
Source: YAHOO
Reported about 1 year ago
Under the trial implementation of home emergency care, Taipei University Hospital is currently observing and has not applied to join the new system. They believe that home emergency care for complex and rapidly changing emergency cases poses risks, and the effectiveness of such programs may differ from expectations. Other hospitals, like Shin Kong Hospital and Taipei Veterans General Hospital, have submitted applications to participate in the program, aiming to provide more options for emergency patients. However, challenges such as nursing staff shortages and conflicting perceptions of home care persist in the healthcare community.
Source: YAHOO
Reported about 1 year ago
New Taipei City's labor inspection department initiated a 'Summer Heat Hazard and Air Conditioning Operation Special Inspection' at the beginning of June, having inspected 35 companies by June 30. Out of these, 20 were found to be in violation, with nearly 60% failing to implement heat hazard prevention measures, such as not taking actions to reduce temperatures on-site. With rising temperatures, outdoor workers and delivery workers face increased heat hazard risks, while air conditioning installation personnel are prone to fall and electric shock hazards. Employers are urged to comply with safety regulations to prevent heat-related illnesses and workplace accidents, with penalties ranging from 3 to 30 thousand New Taiwan Dollars for violations.
Source: YAHOO
Reported about 1 year ago
Amazon's Kindle China e-bookstore announced that as of today, undownloaded e-books cannot be downloaded or read, users cannot download Kindle APP from the app store, and Kindle customer service will also cease support. Kindle China e-bookstore has stopped cloud download services from June 30, 2024, and customer commitments will not change despite the end of services, leading to mixed reactions from users expressing disappointment over the discontinuation of the brand.
Source: YAHOO