Reported 8 months ago
Amid a surge in corporate bond issuances and upcoming auctions, Treasury yields in the US partially recovered from recent declines. Longer-term yields rose 6-8 basis points, with the benchmark 10-year note climbing up to 7 basis points. The increase was attributed to a wave of corporate bonds hitting the market, with companies like Home Depot offering bonds of various maturities. Wall Street firms like Barclays and JPMorgan recommended short positions on Treasuries after last week’s significant yield drop. Two Treasury auctions are scheduled for this holiday-shortened week.
Source: YAHOO
Reported 8 months ago
In the PLG Championship game, O'Dea of New Taipei Kings scored 28 points, including 5 three-pointers, leading his team to a 90-82 victory over Yulon Luxgen Dinos. He imitated Stephen Curry's 'sleeping gesture' and expressed gratitude towards his teammates for their contributions. Despite previous criticisms, O'Dea remains unfazed by external opinions and aims to silence doubters through his performance on the court.
Source: YAHOO
Reported 8 months ago
As the 2024 US presidential election approaches, Commerzbank AG Head of FX Research Ulrich Leuchtmann discusses the potential impact of Trump's reelection on the US dollar. Leuchtmann highlights that Trump's interference with the Federal Reserve's independence could lead to US dollar weakness, contrary to the strength seen after his 2016 election. He emphasizes that the Fed's interest rate policies and independence are crucial factors affecting the dollar's value, cautioning that any move towards a more politically influenced Fed could result in a weaker dollar. The article provides insights into market preparations for the forthcoming election and the implications on currency markets.
Source: YAHOO
Reported 8 months ago
In the wake of a controversy stirred up by Potter King regarding Chinese Communist Party's infiltration operations targeting Taiwanese influencers, influencer Chen Yi criticized him for resorting to a patriotic persona despite his past involvement in shady dealings. Chen Yi pointed out Potter King's history of exaggerating the benefits of a product he used to sell, leading to multiple fines from health authorities. Potter King's recent revelations about the CCP's influence on influencers have sparked criticism and scrutiny, with many feeling threatened about their trips to China. Chen Yi questioned the sincerity of Potter King's newfound patriotism, highlighting his failed attempts to establish himself in China and his eventual return while claiming love for Taiwan, likening the situation to a similar trope involving another influencer.
Source: YAHOO
Reported 8 months ago
Minister of Economic Affairs, Guo Zhihui, recently expressed his opinion on electricity prices, stating that cheaper is not always better as it may lead to wasteful consumption. This remark sparked debate and criticism from legislators. The Ministry of Economic Affairs emphasized that previous electricity price adjustments in Taiwan aimed to balance industrial and residential electricity prices, taking into account the impact of excessively low prices on energy demand management. The ministry highlighted the importance of sustainable, stable, and competitive electricity supply, and stressed the significance of energy efficiency incentives. They plan to promote deep energy efficiency and support the energy-saving industry to benefit both consumers and the country as a whole.
Source: YAHOO
Reported 8 months ago
根據The Information網站消息，OpenAI有可能轉型成為營利公司，可能進行公開募股上市，以開拓更多營利機會。目前OpenAI市值達860億美元，轉型為營利公司可能帶來巨大增值，但也可能改變原本非營利架構下的運作方式。微軟持有OpenAI約49%股權，期望透過此舉取得更多控制權。市場預測若轉型成功，將保留非營利部分並使ChatGPT等人工智慧服務成為營利項目。
Source: YAHOO
Reported 8 months ago
New Taipei Kings' PLG league star Lin Shuhao suddenly went to the hospital for treatment due to foot discomfort before the crucial fourth game of the championship series. Despite being on the sidelines cheering for the team during the game, rumors arose about his serious foot injury possibly ending his career. However, the Kings' team later clarified that Lin was just on the daily observation list and would continue treatment and training in hopes of making it to the next game. Lin's average stats in the first three championship games were impressive, but his absence in the fourth game, along with foreign player Manny Gao, did not deter the team as Adequate filled the gap with a career-high 28 points, helping the team secure a 3-1 series lead.
Source: YAHOO
Reported 8 months ago
According to Mashdigi, there have been rumors that Samsung will promote its new foldable phones in coordination with the upcoming Paris Olympics this year. A leaked event page suggests that Samsung might host an Unpacked event in Paris on 7/10, unveiling the Galaxy Z Fold6 and Flip6. The event is rumored to take place on July 10th at 10 pm KST (9 pm in Taiwan), possibly at a location in Paris as hinted by an image of the Eiffel Tower. The event is expected to showcase the large-screen foldable Galaxy Z Fold6, the vertical foldable Galaxy Z Flip6, new Galaxy Buds3 Pro and Galaxy Buds3, and possibly introduce a new smart ring - Galaxy Ring.
Source: YAHOO
Reported 8 months ago
In Kaohsiung, over 1000 public bus waiting booths have been transformed into giant aluminum foil drink pouches, complete with realistic plastic straws. This creative and eye-catching idea has become a new hotspot for students to take selfies and is the latest must-visit location during graduation season. Advertisers for the bus waiting booths revealed that a popular drink brand among students inspired this design, aiming to blend in with the youthful atmosphere and create a unique visual experience. These waiting booths not only provide bus schedules but also aim to enhance the waiting experience with innovative special audio and lighting effects, making them a highlight of the Kaohsiung streets.
Source: YAHOO
Reported 8 months ago
Far-right French leader Marine Le Pen stated she won't demand French President Emmanuel Macron's resignation if her party wins the snap parliamentary elections, sparking discussions on potential market impacts. Commerzbank AG's Ulrich Leuchtmann explains that while the FX market perceives potential complications during crisis times, it's only marginally concerning currently. Leuchtmann raises questions about a eurozone crisis and how skeptical governments might respond, emphasizing the market's unease about the euro's future in such crises. Overall, the concern isn't immediate but rather about the euro's resilience amid turmoil.
Source: YAHOO
Reported 8 months ago
At the 77th Annual Tony Awards, held at Lincoln Center’s David H. Koch Theater, Broadway stars showcased their glamorous style on the red carpet before the event. Highlights included Kara Young in a Bibhu Mohapatra gown and De Beers jewelry, Lindsay Mendez in a custom Safiyaa gown, and Sarah Paulson in a custom Prada dress. Other notable looks featured Angelina Jolie in Atelier Versace, Maleah Joi Moon in Marc Bouwer, and Cynthia Erivo in custom Louis Vuitton.
Source: YAHOO
Reported 8 months ago
According to Bloomberg's Mark Gurman, the recent iPad Pro update in May showcased a thinner design compared to the iPad Air, hinting at Apple's upcoming focus on thinner and lighter products. Rumors suggest that future Apple products, including the iPhone 17 series, may adopt thinner and lighter designs, with possible adjustments to product positioning and camera configurations. In addition to the iPhone, Apple may also make MacBook and Apple Watch thinner, aiming to enhance portability and user experience. The shift towards slimmer designs is seen as a key direction in Apple's product design strategy.
Source: YAHOO
Reported 8 months ago
BMO Family Office Chief Investment Officer Carol Schleif discusses how the markets are overly fixated on the Federal Reserve rather than looking at demographics and other quantitative data. She believes that the Fed has less control over the economy than perceived, emphasizing the importance of focusing on fundamentals and long-term growth opportunities. Schleif suggests that investors who believe in the market long-term can maintain some exposure to risk and growth assets while balancing with fixed income investments. Additionally, she highlights the significance of the tech upgrade cycle as a key market driver.
Source: YAHOO
Reported 8 months ago
In Taiwan's Taichung City, a dangerous incident occurred in the northern district where a 29-year-old man surnamed Lai got into a conflict with his neighbor surnamed Xiao. Emotionally unstable, Lai wielded a knife, frightening Xiao who quickly sought refuge and called the police. Despite police attempts to calm him down, Lai refused and was eventually subdued with pepper spray before being sent to the hospital. Investigation revealed Lai's altercation with Xiao as the trigger, emphasizing the importance of peaceful conflict resolution and the police's commitment to maintaining public safety.
Source: YAHOO
Reported 8 months ago
With the Unpacked event approaching, more news about Samsung's upcoming products is surfacing, including the Galaxy Ring smart ring that will feature an exclusive charging case and possibly an internal lighting feature. The charging case for the Galaxy Ring is expected to resemble a jewelry box, with a central placement for charging and a button that seems to be for pairing. Samsung showcased the Galaxy Ring at MWC 2024, revealing black, gold, and silver color options and 13 sizes to accommodate different finger sizes. The smart ring will utilize Samsung's sensors and health-related technology to record user data and translate it into personal 'vitality points,' allowing users to better understand their physical condition and enabling female wearers to track their physiological health. Samsung plans to make this smart ring compatible with all Android phones, not limited to Samsung devices, and aims to make the device look more like a traditional ring in the final version.
Source: YAHOO
Reported 8 months ago
Blake Lively, known for her role in 'The Sisterhood of the Traveling Pants' franchise, teased fans about a potential sequel at a screening for her new movie 'It Ends with Us.' Lively, wearing $19,000 Valentino jeans, joked on Instagram about finally getting a sequel, although one of their sisters looks male. The actress has reunited with her co-stars from the films multiple times and hinted at a third movie, but no official plans have been announced yet.
Source: YAHOO
Reported 8 months ago
Pat Sajak, the former host of 'Wheel of Fortune', will star in a play at The Hawaii Theatre next summer alongside KHON-TV Hawai’i newscaster Joe Moore. The production, titled Prescription: Murder, will raise money for the historic performing arts venue. Sajak and Moore will volunteer their time and talent, with Sajak's philanthropy helping to support the nonprofit theater. The play is set to run from July 31 to August 10, 2025.
Source: YAHOO
Reported 8 months ago
Bank of America increased Micron Technology's price target, naming it the top U.S. memory chipmaker, due to growing demand for artificial intelligence (AI)-powered devices. The bank raised Micron's sales and earnings per share forecasts for 2025 and 2026, attributing the optimism to the rising need for AI in personal computers and the Edge AI market. Micron's stock traded at a record high following the price target upgrade, with shares up 2.4% to $144.79 and a year-to-date increase of nearly 70%.
Source: YAHOO
Reported 8 months ago
On June 17, 2024, Cisco announced the launch of Taiwan Digital Acceleration Plan (TDA) 3.0, with a focus on sustainable development, information security, and AI-driven smart transformation, aligning with Taiwan's vision for advanced resilient systems and building on Cisco's 27 years of investment in the Taiwanese market. The plan involves collaborations with the government, industry leaders, ecosystem partners, and academic institutions to promote green sustainability, information security, and AI-driven smart transformation. The three key areas of focus are green sustainability, information security, and AI-driven smart transformation, with specific projects including smart port solutions with Kaohsiung city, cybersecurity initiatives, and AI-powered urban infrastructure improvements.
Source: YAHOO
Reported 8 months ago
Argus Research has started covering Palantir Technologies (PLTR) with a Buy rating and a price target of $29. The analysts highlighted the potential of artificial intelligence as a driver for Palantir's future growth, especially in the commercial sector. They also mentioned the significance of AI technology in defense, consistent with Palantir's focus on defense and intelligence customers. With a strong performance so far this year, Palantir's stock is showing promise for further gains.
Source: YAHOO
Reported 8 months ago
Amidst speculations and rumors regarding the severity of Jeremy Lin's leg injury and the possibility of his career ending due to it, the New Taipei Kings have swiftly refuted such claims. The team emphasized that Lin's condition is being monitored daily, and he is continuing with training and treatment in hopes of a speedy return to the team for the next game. Coach Ryan Marchand suggested seeking information directly from Lin if he is willing to share. The Kings urge a rational approach to Lin's situation and maintain confidence in his recovery and comeback.
Source: YAHOO
Reported 8 months ago
Japan's construction of skyscrapers during the economic bubble era has resulted in nearly 1,700 super tall buildings by the end of 2023, mainly concentrated in the three major metropolitan areas. The country's active promotion of urban renewal and redevelopment projects since 2000, especially in Tokyo, has led to high renovation costs, causing many residents to dislike living in high-rise buildings. In contrast, Kobe City has started to prohibit the construction of new residential high-rises in the city center due to population decline and aging, with experts emphasizing the need to balance urban and rural development to address these challenges.
Source: YAHOO
Reported 8 months ago
Warren Buffett's Berkshire Hathaway is reducing its investment in Chinese EV manufacturer BYD Company by selling around $40 million worth of BYD stock. The move comes amidst international competition between Chinese and overseas auto makers, such as Tesla. Berkshire Hathaway's stake in BYD has been lowered to 6.9% from 7%.
Source: YAHOO
Reported 8 months ago
On June 17th, 2024, Infineon announced the initiation of an Advanced Automotive and Wireless Communication Semiconductor Research Partner Development Program in Taiwan. They plan to upgrade the existing wireless communication R&D lab and establish the Infineon Advanced Automotive and Wireless Communication Semiconductor R&D Center in Taiwan. Infineon will collaborate with local industry-academic partners to jointly develop automotive-grade communication chips and innovative application solutions. With an investment of up to NT$1.2 billion, supported by Taiwan's Ministry of Economic Affairs A+ Project, the project aims to increase Taiwan's automotive electronics industry output to NT$60 billion. The project includes developing a new generation of automotive Bluetooth chip products in Taiwan, involving international automotive electronics R&D experts, nurturing local talent, and completing the design, production, and testing processes of new Bluetooth chips in Taiwan. Infineon will also collaborate with research institutions and local companies to develop wireless communication technology applications in automotive contexts, such as wireless battery management systems, next-gen smart cockpits, and smart car access systems.
Source: YAHOO
Reported 8 months ago
A 19-year-old male surnamed Xie, driving a BMW, crashed into a guardrail and 7 parked cars, injuring 3 people. Despite online rumors that he works at a convenience store at night and bought the car recently with a loan, Xie denied the claims, stating he paid 3 million in full for the BMW last year, and works in photography, virtual currency, stock, and futures trading, along with his family's rental business. The accident led to 8 totaled cars and 3 injuries. Xie explained that he felt unwell, coughed, and failed to notice the road due to using BMW's cruise control, causing the accident. While 3 of Xie's car's occupants sustained minor injuries, he refused medical help, exhibiting dismay at his car's damage.
Source: YAHOO