Reported 8 months ago
President Lai Ching-te announced the establishment of three major committees at the Presidential Office - the National Climate Change Response Committee, the National Resilience Committee, and the Healthy Taiwan Promotion Committee, with the aim of addressing climate change, increasing social resilience, and promoting public health. Lai personally heads these committees, emphasizing the urgency of tackling climate issues, implementing carbon pricing, and transitioning towards clean energy. Various experts and officials have been appointed as members, with a focus on accelerating policy implementation and enhancing societal engagement and validation.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, National Securities analyst Sun Jiaming reported that the Fed maintained the benchmark interest rate at 5.25-5.5%, alleviating market concerns over rate hikes. Tech stocks and AI concept stocks in the Taiwan stock market have shown promise post-COMPUTEX, particularly with NVIDIA, AMD, and Intel making significant moves in the AI field. Noteworthy stocks include TSMC and Apple's supply chain. Amid escalating economic pressure from Mainland China on Taiwan, certain stocks could face downward pressure. However, this impact may be limited given the previous use and market preparedness for such trade actions. Investors are advised to seize opportunities in undervalued high-yield stocks and strategically position themselves in the market. High-performing stocks like TSMC and Hon Hai Precision Industry have hit record highs, while smaller stocks have shown lackluster performance compared to blue-chip stocks. Investors can focus on stocks with strong May revenue performance and invest in companies with positive growth prospects. The Apple WWDC outlined future developments, particularly addressing privacy concerns and distinguishing itself from other tech giants, prompting increased market interest in Apple-related stocks.
Source: YAHOO
Reported 8 months ago
GreTai Securities Market has warned investors to be cautious of the risks associated with investing in ETFs, as the variety and nature of ETF products differ. The total assets of ETFs listed on the market have grown to 2.55 trillion yuan, showing a significant increase compared to the previous year. GreTai Securities Market advises investors to carefully consider their investment needs, risk tolerance, and financial situation when choosing ETF products, and to diversify their investment risks by using a multi-asset allocation strategy. Investors are also reminded to be aware of specific risks related to different types of ETFs, such as interest rate, credit, and exchange rate risks, and to not solely rely on historical dividend rates as indicators of future performance.
Source: YAHOO
Reported 8 months ago
To celebrate the 40th anniversary of the Biotechnology Development Center (DCB), the organization hosted a two-day regenerative medicine forum in collaboration with the Taiwan Extracellular Vesicle Industry-Academia Alliance, Taiwan Extracellular Vesicle Society, and Xunlian Group. Key figures emphasized the significance of extracellular vesicles as a new technology for drug design, with Taiwan actively participating in research and industrialization processes. Experts presented advancements in the field, showcasing potential applications in skincare, hair medicine, and medical aesthetics, highlighting the international emphasis on extracellular vesicles and the need for collaboration and resource integration in Taiwan's biotechnology industry.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, China's central bank governor Pan Gongsheng expressed that there is room for improvement in China's interest rate control mechanism, considering utilizing short-term operation rates from 7-day reverse repos as the main policy interest rate to narrow the rate fluctuations, enhancing market pricing efficiency and maintaining flexibility. Pan also highlighted the need to continue reforming and improving the Loan Prime Rate (LPR) to reflect the actual loan market rates accurately.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, at 4:10 pm, New Victory (4909) continued its upward trend in the market with the support of its 5G antenna operation dynamics, hitting the limit up again on the 19th, closing at 103 yuan, marking a new high in 17 years. Currently, not only has the upper resistance been surpassed, but also the technical indicators have all crossed above the moving averages. Both daily and weekly KDs are showing upward crossovers, and the technical indicators are not overheated, favorable for future challenges to the historical high of 105 yuan. New Victory's products include high-frequency microwave communication substrates, high-efficiency heat dissipation substrates, special composite material substrates, and special automotive substrates. Communication antennas account for more than 70% of revenue, driven by the increased demand for 5G base stations and satellite communication products last year. The operation is expected to continue positively this year.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, at 4:10 pm, ITRI and Jabil announced an expanded cross-border cooperation platform for biomedical innovation. Jabil Chairman Chen Chih-Hong stated that the group has investments in hospitals, pharmacies, and medical materials, with expected medical business revenue surpassing 30 billion TWD this year. Through collaboration with the biomedicine sector, Jabil plans to accelerate product mass production and sales, aiming to develop Taiwan's medical industry into a safeguard for the country. Jabil has been deeply involved in the medical field for nearly 20 years, operating institutions like Chung Shan Medical University Hospital, and expanding into medical consumables, dental, audiology, hemodialysis, medical aesthetics, medical management, and pharmacy channels. With a revenue of about 25.2 billion TWD from medical businesses last year and an expected breakthrough of 30 billion TWD this year, Jabil's efforts in the medical field will continue to grow. Collaborating with ITRI, a significant driver of industrial development in Taiwan, aligns with Jabil's strategic plans and strengths, with a focus on various medical necessities and services for future expansion and growth.
Source: YAHOO
Reported 8 months ago
In Taipei on June 19, 2024, at 4:10 PM, the chain restaurant group FamilyMart is accelerating its expansion in the dining out sector by implementing three major strategies: 'new regional store expansion', 'new product development', and 'restaurant supermarket transformation', aiming to strengthen its operational capacity. With last year's revenue reaching 2.175 billion NTD, a 25% annual increase, and a net profit of 99 million NTD, a 66% annual increase, FamilyMart is focusing on capturing the 'personal daily dining' trend post-pandemic, with plans to further develop their brands and introduce new dining experiences and healthy food options.
Source: YAHOO
Reported 8 months ago
In order to provide diverse and convenient insurance services, Fubon Property & Casualty has collaborated with Taiwan Mobile to launch innovative online insurance services, catering to users' 'one-stop shopping' consumption needs. The service integrates the online insurance process into the Taiwan Mobile customer service app, allowing customers to easily purchase travel insurance and inconvenience insurance before going abroad via the app. The innovative insurance service received positive feedback during the trial period and was approved to officially launch by the Financial Supervisory Commission within three months. Users showed a preference for a 12 million death and disability protection coverage, indicating an increasing awareness of safety and risks while traveling.
Source: YAHOO
Reported 8 months ago
Taiwan Index Company announced the periodic review results for the components of Yuanta Taiwan High Dividend Low Volatility (00713) and E. Sun Preference Stock (00907) indices on June 19, 2024, resulting in some stocks being added or removed. Notably, Asia Cement was included in 00713 but removed from 00907. Other ETF components affected include E.SUN SMART Car Supply Chain (00901) and Fubon Taiwan Semiconductor (00904), with changes effective after market close on the 19th. The adjustments reflect a shift towards non-tech stocks in new inclusions and challenges in dividend yields for tech stocks after their surge.
Source: YAHOO
Reported 8 months ago
In an effort to further restrict China's semiconductor industry and prevent its use in military applications, Alan Estevez, Deputy Secretary of Commerce and head of export policy, is visiting the Netherlands and Japan to urge allies to enhance their capabilities in blocking China's semiconductor production. The US may also consider adding 11 more Chinese chip companies to the restriction list. Estevez aims to leverage agreements from 2023 with Japan and the Netherlands to prevent China from using chip manufacturing equipment for military purposes. Restrictions have already been put in place by Japan and the Netherlands on exporting certain machines to China, following US policies. Discussions are ongoing with allies to potentially blacklist 11 additional Chinese chip factories.
Source: YAHOO
Reported 8 months ago
Taiwan's stock market, led by heavyweight tech companies like TSMC and MediaTek, continued to soar on June 19, 2024, setting new historical highs with 93 stocks hitting new highs for the year and 26 stocks reaching record prices. The rally was driven by electronics, construction, and financial sectors, with companies in AI, semiconductors, and biotechnology showing remarkable growth. Financial stocks also surged, benefiting from rising loan interest rates and strong global market conditions. Expectations are positive for continued growth in brokerages, proprietary trading, and underwriting businesses, with insurance companies anticipated to achieve record profits in the third quarter due to cash dividends. The overall market sentiment remains bullish with diverse sectors contributing to the market's upward momentum.
Source: YAHOO
Reported 8 months ago
The seminar on '2024 Investment Trends' will be held on June 22nd at 2:30 PM at the Windsor Plaza on the 4th floor of Yuyuan Garden Hotel, Taiwan Boulevard, Taichung. Organized by the Foundation of Securities and Futures Institute of Taiwan, the event aims to help the public understand new regulations, products, and services in the capital market, stay updated on market trends, develop feasible investment strategies, and achieve financial goals. The seminar will feature two local experts discussing topics like dividend distribution, ESG practices, and market trends.
Source: YAHOO
Reported 8 months ago
台股近期表現強勁，電子指數呈現上揚趨勢，主要受到AI相關產業推力影響。台灣在AI供應鏈中扮演核心角色，有利台股與科技發展。投資人可著眼於台灣市場尋找優質投資機會。多因子策略選股可以提高投資效率，00905 ETF在市值型ETF中表現優異，展現潛力。然而，市場仍需留意短期風險，建議分散投資、注意投資時間點。
Source: YAHOO
Reported 8 months ago
Green World Technology, a third-party payment company, held its shareholders' meeting on June 19, 2024, and approved the 2023 financial report. They elected a new board member and appointed Leong Wai Shing as the new chairman, succeeding Lin Xuehui who resigned in February. In response to fierce competition and emerging players in the market, Green World plans to offer value-added services and expand into consumer-facing payment apps. They achieved a revenue of 1.594 billion Yuan last year, a 3.4% increase, with a net profit of 396 million Yuan, an 8.8% increase, and a per share after-tax net profit of 21.66 Yuan, surpassing the previous year's 20.86 Yuan. The shareholders' meeting also approved a cash dividend of 9.1 Yuan for the second half of 2023. Furthermore, the launch of the 'Green World Big Data Platform' is scheduled for July, allowing sellers to identify potential consumers and reduce unnecessary costs by aggregating data and charts on industry categories and product types. Their self-developed consumer payment app, 'Green World Pay,' is also planned to be launched in the third quarter of 2024.
Source: YAHOO
Reported 8 months ago
With continuous positive news on the Vietnamese economic fundamentals and ample market liquidity, the Ho Chi Minh Stock Index continues its bullish trend, reaching a two-year high led by domestic capital. As of May, the total number of securities trading accounts in Vietnam exceeded 7.93 million, indicating strong popularity and buying interest in Vietnamese stocks. The Vietnamese government's commitment to support domestic economic growth, with a growth target of 6% to 6.5% this year, higher than the IMF's forecast of 5.8%, along with improving corporate profits and valuation levels, is creating a positive investment sentiment in the Vietnamese market, especially in sectors like transportation, retail, and raw materials.
Source: YAHOO
Reported 8 months ago
Families of individuals who perished in two Boeing 737 Max crashes are urging the U.S. to impose a $24.8 billion fine on Boeing and swiftly prosecute the company for a previously set-aside criminal charge. The families' lawyer argued that the hefty penalty is warranted due to Boeing committing the deadliest corporate crime in U.S. history. The call for action includes prosecuting former Boeing leaders, such as ex-CEO Dennis Muilenburg, tied to the 2018 and 2019 crashes that claimed 346 lives. This demand aligns with the Justice Department's review on potentially reinitiating a fraud case against Boeing for breaches related to the 2021 settlement.
Source: YAHOO
Reported 8 months ago
Cryptocurrency firm Consensys announced that the U.S. Securities and Exchange Commission has concluded its investigation into the blockchain protocol Ethereum 2.0. Consensys had previously filed a lawsuit against the SEC over regulating the Ethereum blockchain. Consensys founder Joseph Lubin expressed satisfaction with the SEC's decision, deeming it a significant win for Ethereum. Despite this development, Consensys plans to proceed with their lawsuit to establish that the SEC lacks authority to regulate Ethereum's software interfaces or blockchain. The SEC has not confirmed or denied the investigation's closure, and recently approved applications for spot ether ETFs from Nasdaq, CBOE, and NYSE, surprising the cryptocurrency industry.
Source: YAHOO
Reported 8 months ago
Jon Hamm, aged 53, expressed his desire to start a family with his 36-year-old wife, Anna Osceola, despite realizing he will be an older father. The Emmy winner, known for his role in Mad Men, shared about his marriage and the potential for kids, reflecting on his parents' divorce in the past. Hamm previously mentioned feeling terrified when proposing to Osceola but found the wedding day perfect and emotionally rewarding. The couple met on the set of Mad Men and got married in June 2023, with Hamm emphasizing the joy of being together as a family.
Source: YAHOO
Reported 8 months ago
Cast members Dominique Defoe and Brittan Byrd from ‘Perfect Match’ Season 2 accused Netflix of editing out their queer romance from the show. They revealed on social media that they matched during a mixer in Episode 9, but their conversation did not make the final cut. Defoe also expressed concerns about other parts of her storyline being cut during the season's release in early June. The finale of ‘Perfect Match’ Season 2 premieres on Netflix on June 21.
Source: YAHOO
Reported 8 months ago
Pornhub將因新法案需求成人娛樂網站實施年齡驗證而在這個夏天停止在另外五個州運作。這一舉措是對最近通過的法律浪潮的回應，這些法律要求色情網站和其他具有明確成人內容的平台收集用戶年齡證明。
Source: YAHOO
Reported 8 months ago
Boeing's Starliner spacecraft successfully ferried two astronauts to the International Space Station, but issues on the journey back have caused the astronauts' stay to be extended as engineers investigate problems. Despite uncertainties, officials believe the spacecraft will safely return the astronauts. The mission's setbacks add to the history of delays and expenses faced by the Boeing Starliner program, contrasting with SpaceX's successful Crew Dragon missions. The article discusses the risks and efforts to resolve the spacecraft's issues.
Source: YAHOO
Reported 8 months ago
Ramit Sethi, the author of 'I Will Teach You to Be Rich,' shares a simple yet powerful strategy for financial success: invest 10% of your salary every year and increase by 1% annually to become a multimillionaire. He emphasizes saving 10% and investing 20% of gross income, starting after building an emergency fund and moving to a high-yield savings account. Sethi acknowledges the challenge for some to save immediately and suggests starting with a lower percentage, gradually increasing it yearly. He recommends investing in low-cost index funds through 401(k) and Roth IRA accounts, highlighting companies like Vanguard, T. Rowe Price, and TIAA for their low fees and good customer service.
Source: YAHOO
Reported 8 months ago
Source: WSJ
Reported 8 months ago
Brazilian miner CBMM has begun testing a niobium-based battery in Volkswagen electric trucks, claiming it can be charged much faster than other batteries on the market. The company, backed by the Brazilian Moreira Salles family, aims to significantly increase its battery unit revenue to $100 million by 2026. The battery, developed with Toshiba using lithium and niobium, can be fully recharged in ten minutes compared to the hours conventional batteries require. CBMM plans to sell the product next year and expects it to have a longer lifespan operating in lower temperatures. The tests will be conducted on a Volkswagen bus with a 60-kilometer range, with the potential for significant industry impact. (Source: Reuters)
Source: YAHOO