Reported 8 months ago
Despite the continuous support from pro-China scholars and pundits, a short-lived dream of China as a powerful nation has crumbled with its economic collapse, leading to its inevitable demise. Following the recent G7 summit, China's Cold War enemies, together with European countries, NATO, and the EU, announced unity in resisting China, which is Xi Jinping's worst fear. China's governance through lies has not only affected its economy and international relations but has also infiltrated society, as evidenced by numerous instances of counterfeit goods and falsified attractions. China's rise as a superpower is now revealed as a facade, with its true impoverished state becoming evident once again.
Source: YAHOO
Reported 8 months ago
Retail sales in May increased by 0.1%, which was lower than the expected 0.3% growth, primarily due to high interest rates and inflation affecting consumer spending. Sales excluding autos and gas also fell short of estimates at 0.1%, but showed improvement from the 0.3% decline in April. The report indicates consumer struggle, impacting GDP growth forecasts for the second quarter. While concerns exist, others see positive trends in the retail control group, suggesting a more normalized pace for the economy, despite worries of a potential economic slowdown due to high interest rates.
Source: YAHOO
Reported 8 months ago
On June 18, 2024, at 9:47 AM, the Taoyuan City Government announced the launch of the Information Power Alliance to promote smart Taoyuan policies, assist in industry upgrading for smart manufacturing, and gradually enhance the intelligence level of enterprises. Through the alliance, a focus will be placed on strengthening AI and enterprise digital transformation. Mayor Zhang Shan-zheng expressed the city's commitment to becoming a highly intelligent and digital city, with a strong emphasis on information security and artificial intelligence. The city aims to collaborate with Microsoft to provide AI information materials for high school students, enhance AI and enterprise digital transformation, and host summer camps focused on related courses. The initiative aligns with the rising trend of smart AI, with the city government aiming to build Taoyuan into Taiwan's low-carbon smart technology city through collaborations between industry, government, and academia.
Source: YAHOO
Reported 8 months ago
The Powerball lottery draw took place today with a guaranteed jackpot of 1 billion yuan for the 113000062nd draw. The winning numbers are 06, 24, 31, 35, 36, 42 with the special number 18. Players are advised to check the official lottery website for the final result. In other news, heavy rain in Fuzhou, China resulted in a suspected manure tank explosion, causing chaos; stay informed with updates on Sina News.
Source: YAHOO
Reported 8 months ago
Source: INVESTORS
Reported 8 months ago
At the market open on Tuesday, the Dow, S&P 500, and Nasdaq are hovering near their flatlines. Energy is leading the way while real estate performs well, but consumer discretionary, utilities, and financial sectors are under pressure. The Nasdaq, driven by large-cap tech names, shows a mixed picture with Apple and Microsoft trading up while Amazon, Google, and Meta face early trading pressure.
Source: YAHOO
Reported 8 months ago
On June 18, 2024, in the bustling streets of Buenos Aires, Argentina, people were seen flocking to jewelry stores not to make purchases but to have their family heirlooms evaluated for selling. The steep inflation rate, reaching nearly 300% in April 2024, has pushed citizens to sell their gold and jewelry to cover basic expenses like utilities and rent. With over half of the population living in poverty, owning gold jewelry has been a common practice as a hedge against economic instability. The situation has led to a significant increase in the number of people selling their jewelry for immediate financial relief.
Source: YAHOO
Reported 8 months ago
Taiwan Steel Eagles faced Wei Chuan Dragons with starting pitcher Chen Yu-hung performing well for 6.1 innings, along with Chen Wen-chieh's 3 RBIs, and Wang Po-jung's 4th homer this season, leading to a 9-2 victory and a team-record 6-game winning streak. Chen Yu-hung obtained his first career win, pitching 6.1 innings with only 1 run allowed, while Wang Wei-chung of Wei Chuan had his third 7-inning game in the CPBL but ended with a loss. The match ended with a 9-2 victory for Taiwan Steel Eagles.
Source: YAHOO
Reported 8 months ago
34歲男星王柏傑在內湖區酒駕擦撞遊覽車，酒測值高達0.44mg/l，警方將其移送士林地檢署。原定參加品牌DAMIANI的活動被取消，品牌代表表示無法邀請王柏傑，同時王柏傑也表達了身體不適的情況。這起事件引發網友批評和抵制，提醒大眾喝酒不開車，開車不喝酒。
Source: YAHOO
Reported 8 months ago
Source: INVESTORS
Reported 8 months ago
On June 18, 2024, the blue camp initiated the 'Blue Eagle' action to gather support for blue camp supporters' outside the parliament in response to the green camp's 'Green Bird' siege. The KMT aims to 'cram' Qingdao East Street to show solidarity with opposition party legislators. The event is planned to be warm and supportive, ensuring KMT lawmakers don't feel isolated during the legislative voting. The KMT intends to mobilize over 5,000 participants across Taiwan for the 'Blue Eagle' action to counter the green camp's recent large-scale rally.
Source: YAHOO
Reported 8 months ago
Amazon Labor Union workers in New York City voted 98.3% in favor of affiliating themselves with the Teamsters, granting them additional resources to negotiate a contract with Amazon. The newly chartered ALU-International Brotherhood of Teamsters Local 1 will represent approximately 5,500 Amazon warehouse workers in Staten Island and across New York City, aiming to secure good jobs and safe working conditions through a union contract. This move brings the Teamsters closer to their goal of unionizing Amazon's non-corporate workforce, led by General President Sean M. O’Brien.
Source: YAHOO
Reported 8 months ago
Bitcoin experienced a significant drop in value, leading to the liquidation of over $420 million in long positions within 24 hours. Data from Coinglass shows 190,144 traders being liquidated, with total liquidations reaching $480.93 million, $420 million of which were long positions. Major exchanges like Binance, OKX, and HTX saw approximately $372 million in long positions being liquidated. The drop in Bitcoin's value also caused altcoins like Ethereum, Solana, Toncoin, and Cardano to plummet, emphasizing the correlation between Bitcoin and the wider cryptocurrency market and the inherent volatility of the market.
Source: YAHOO
Reported 8 months ago
On June 18, 2024, at 3:30 PM in Taipei's Neihu District, a collision between a sedan and a tour bus occurred. Despite no casualties, police found that the sedan driver was entertainer Wang Bojie, who emitted a strong alcohol smell with a breathalyzer reading of 0.44 milligrams. Wang was arrested for drunk driving causing public endangerment. The incident involved a 42-year-old tour bus driver surnamed Chen. Wang was transferred to the Shilin District Prosecutors' Office for further investigation.
Source: YAHOO
Reported 8 months ago
Actor Wang Bojie was arrested for drunk driving and colliding with a tour bus in Taipei, with a breath alcohol level of 0.44 milligrams. Wang, who recently got into a physical altercation in a KTV, was arrested for endangering the public and was taken to the Shilin District Prosecutors Office. This incident came as a surprise as he had won the Best Actor award at the Taipei Film Awards last year. Due to his high breath alcohol level, he was arrested on the spot and later transferred for investigation, impacting his public image significantly.
Source: YAHOO
Reported 8 months ago
In the early morning of June 18, a rare sighting of a PLA 094 strategic nuclear submarine floating on the surface of the Taiwan Strait was captured by fishermen, sparking discussions. Military experts suggest that the submarine may have chosen to navigate through the Taiwan Strait to avoid detection of its acoustic signature during joint exercises by a multinational force led by the US in the Philippine Sea. The appearance of the submarine may be seen as a new form of military demonstration towards Taiwan amidst continuous provocations by Chinese military aircraft and ships in the region.
Source: YAHOO
Reported 8 months ago
US retail sales in May saw a minimal 0.1% increase following downward revisions in previous months, highlighting financial strain amongst consumers. Excluding gasoline, sales rose by 0.3%, while some categories experienced declines due to cheaper gasoline prices and Memorial Day discounts. Economists predict a slower pace of spending ahead as Americans remain cautious amidst inflation, a cooling job market, and signs of financial stress. The softer consumer and producer prices in May may prompt the Federal Reserve to consider lowering interest rates to support the economy.
Source: YAHOO
Reported 8 months ago
Dr. Benjamin Brown, a plastic surgeon in northwest Florida, was arrested for second-degree felony homicide after his wife died following procedures he performed on her. The investigation revealed that his wife showed signs of lidocaine toxicity, and Brown delayed calling 911 and performing CPR. The sheriff's office is continuing to investigate the case, and the cause and manner of death is pending autopsy results from the medical examiner's office.
Source: YAHOO
Reported 8 months ago
A habitual dine-and-dash offender in Taichung targeted high-end restaurants in June, dining without paying at establishments including a premium BBQ restaurant for nearly 10,000 NT dollars, a convenience store for over 1,000 NT dollars, and a stir-fry restaurant for almost 2,000 NT dollars, subsequently heading to a massage parlor and refusing to pay. Police took her away, and she left behind a bag containing a knife. The woman, surnamed Qiu, is causing headaches for police, residing in South District, with eateries now on alert after a series of incidents. Please refrain from such misconduct!
Source: YAHOO
Reported 8 months ago
Berkshire Hathaway has increased its stake in Occidental Petroleum to 29%, worth over $15 billion. Warren Buffet's conglomerate acquired an additional 2.95 million shares of the oil company, showing confidence in its leadership. Despite flat stock prices, Occidental Petroleum was the best performer in the S&P 500 in 2022.
Source: YAHOO
Reported 8 months ago
A known hot pot restaurant in Taichung Sha Lu district is set to enter auction with a starting bid of 87.75 million NT dollars, due to a family inheritance dispute involving a 1.2 billion NT dollar estate. The inheritance complications stem from an incident where the eldest son of the original landowner insulted the grandmother and lost his inheritance rights. As a result, his three children sued for a portion of the estate and won, each to receive approximately 9.716 million NT dollars, leading to the auction of the prosperous restaurant property. This rare 'substitutional inheritance' case highlights the complexities of familial disputes in estate distribution.
Source: YAHOO
Reported 8 months ago
Male actor Jonathan Wong, winner of last year's Taipei Film Award Best Actor, was involved in a suspected drunk driving incident where he collided with a tour bus and was taken into custody. Scheduled to attend a jewelry event by the brand DAMIANI the next day, Wong's absence prompted the brand to urgently find a replacement guest. Prior to this, the brand had invited actress Guo Shuyao, whose attendance was canceled last minute due to controversies, leading to a series of unfortunate incidents with invited artists. Despite the chaos, the event will proceed as planned as the PR team works to find suitable replacements.
Source: YAHOO
Reported 8 months ago
EV company Fisker (FSRN) has filed for Chapter 11 bankruptcy, reporting assets between $500 million to $1 billion and liabilities ranging from $100 million to $500 million. The New York Stock Exchange (NYSE) previously delisted Fisker due to its low stock price. The competitive EV landscape and Fisker's bankruptcy are discussed by Yahoo Finance's Morning Brief team in a video segment by Luke Carberry Mogan, highlighting challenges faced by electric vehicle startups.
Source: YAHOO
Reported 8 months ago
A conflict over a priority seat occurred on Taipei's metro, where an elderly man attacked and verbally abused a young man who was sitting in the priority seat. The young man explained he was feeling unwell, but the elderly man demanded the seat, leading to a confrontation that escalated until other passengers intervened. The incident resulted in physical assault, prompting the young man to report to the police. The authorities reminded passengers that priority seats are not just for the elderly and urged empathy and rejection of violence.
Source: YAHOO
Reported 8 months ago
Recently, an advertisement in Taipei's Nangang District thanking the late founder of Formosa Plastics, Wang Yung-ching, has caught the attention of passersby. It turns out that the renowned local general contracting company established by Wang Yung-ching, Formosa Engineering, has welcomed new shareholders who dub themselves as the 'Formosa Renovation Team.' The new team includes significant figures such as Dai Zhi-yi, a director of Fubon Financial Holding; Yan Zhi-yu, son of the chairman of CTBC Financial Holding; and Sun Zheng-qiang, chairman of the Otc Pun Party organizer, Yuding. This powerful team poses a challenge to the traditional conservative management style of the old Formosa team, currently actively seeking shares and powers of attorney, aiming to surpass competitors in the coming years and become a leading star in the industry.
Source: YAHOO