Reported about 1 year ago
Lexar Communications, anticipating a transfer from the TAISDAQ to the Over-The-Counter market in late July, reports a record-high monthly revenue in May of NT$72 million, largely attributed to the success of the game 'LOST ARK.' Lexar focuses on second-agent classical games, with 87% of revenue from PC games and 13% from mobile games. They plan to list four more games, two for PC and two for mobile, with titles like 'The Giants,' 'New Hot Blood Rivers and Lakes,' and 'Dance Group.' The delay in the launch of 'LOST ARK' from 2021 to 2024 resulted in the Korean factory covering marketing expenses and waiving $9 million in licensing fees for Lexar. Riding on the momentum, Lexar plans to transfer to the OTC market later in July.
Source: YAHOO
Reported about 1 year ago
Cooperative Bank has been recognized by the Financial Supervisory Commission (FSC) for its excellent performance in handling loans for six core strategic industries, receiving the award for 'Outstanding Bank in Handling Loans for Six Core Strategic Industries' for the 112th year. The bank has assisted nearly 20,000 enterprises in the core industries, ranking second in market share. In addition, in line with the government's 2050 net-zero target, the bank has introduced various preferential project loans in line with the 'energy transition' and 'industrial transformation' policies to promote green finance and sustainable development.
Source: YAHOO
Reported about 1 year ago
Taipei, June 25, 2024 - Leading passive component company RichTech (2327) and distributor RichTech (3090) are set to pay dividends of 19.97238 yuan and 3.4 yuan on the 27th. With inventory restocking trends, clear momentum in AI mainstream clients, and optimistic expectations of dividends, institutional investors seem positive. RichTech and another passive component company, BrightTech (3624), held shareholder meetings on the 25th. RichTech approved a 3.4 yuan profit distribution plan, with an implied cash yield approaching 5%, maintaining its upbeat outlook on business conditions emphasizing AI-related applications among end-users. RichTech's CEO Yu Yaoguo expressed optimism for the second half, particularly in advanced applications like AI servers, cloud centers, and high-end networking, where demand is clear with high margins. BrightTech also anticipates inventory clearance and a stronger market after the second quarter, expecting better operations than last year. Both RichTech and RichTech will pay dividends on the 27th, totaling over 9 billion yuan. Additionally, Hengdian Energy aims for green energy, forecasts economic recovery despite the pandemic, and Australia's central bank might exit QE as early as February next year.
Source: YAHOO
Reported about 1 year ago
Yuanta Bank has completed the signing of a USD 260 million sustainable syndicated loan for Tai-Jin-Pao Technology and its subsidiary Tai-Jin-Pao Electric on June 24, 2024, with a signing ceremony presided over by Yuanta Bank's Chairman Huang Nanzhou, CEO Lin Longzheng, and executives from Tai-Jin-Pao and Jin-Bao Group. The loan will be used for repaying financial institution borrowings and enhancing mid-term operational cash turnover. The syndicated loan, initially targeted at USD 200 million, was oversubscribed 1.8 times, indicating confidence in their operations and future development. Tai-Jin-Pao Technology, established in 1989 and listed on stock exchanges in Thailand and Taiwan, operates 16 factories and is a key player in the EMS industry in Southeast Asia, with growth prospects amid global supply chain shifts. Both Tai-Jin-Pao and Yuanta Bank are committed to sustainable growth and have clear ESG strategies to align with international trends, demonstrating their dedication to environmental and social responsibility.
Source: YAHOO
Reported about 1 year ago
On June 25, 2024, the People's Bank of China announced a 7-day reverse repurchase operation of 300 billion RMB with a stable interest rate of 1.8% to maintain liquidity stability by releasing a net 214 billion RMB. The increased operation size aims to address market rate fluctuations due to factors like accelerated government bond issuance and impending tax payments, with the aim of avoiding excessive liquidity volatility as quarter-end and mid-year approaches. Anticipation of reserve requirement cuts and interest rate reductions later in the year persists as an approach to accommodate the increased short-term funding needs and market stability.
Source: YAHOO
Reported about 1 year ago
As Taipei's old buildings are being redeveloped into office spaces and Nan Kang enters its peak completion of office buildings, a surge in office supply is expected in Taipei. A report by Colliers International indicates that the office space supply in Taipei is estimated to exceed 200,000 ping from 2025 to 2026, marking a turning point in the office rental market. Rental prices have been rising due to steady demand from technology and biotech sectors, causing a slight decrease in vacancy rates in the second quarter of 2024. Different commercial areas in Taipei have shown varying rental price increases, with Xinyi District having the highest quarterly increase. Nan Kang also saw completion of new office buildings in the first half of the year, catering to the expanding ICT industry.
Source: YAHOO
Reported about 1 year ago
Digi-Capital held a shareholders' meeting on June 25, 2024, with Chairman Tu Chun-kwang expressing plans to turn losses into profits in 2024. The company's game development costs have been gradually decreasing in the second quarter, with its subsidiaries showing no signs of losses and planning to launch several games in the second half of the year. Digi-Capital is also expected to complete its capital increase and convertible bonds (CB) in the third quarter, with the proceeds intended for improving financial structure and participating in HerChien Technology's capital increase. The company plans to focus on developing high-quality games and release one to two games annually, while expanding game product agency distribution power. Overseas game releases will primarily target Brazil and Southeast Asia (Australia, Thailand). Digi-Capital is also venturing into leisure gaming, launching Monopoly-themed slot machines in Brazil and aiming to increase the number of machines. Following a profitable first quarter in 2024, Digi-Capital is projected to continue on a profitable trajectory, with new game launches in the fourth quarter, setting expectations for a potentially successful year overall.
Source: YAHOO
Reported about 1 year ago
Starting July 4, the EU will impose tariffs on Chinese electric cars, prompting China to urge Germany to persuade the EU to cancel the plan. China proposes reducing tariffs on large-displacement imported cars as a condition for the EU to cancel tariffs on Chinese electric cars, potentially benefiting German car manufacturers. Meanwhile, Canada also plans to impose tariffs on Chinese electric cars and batteries to curb cheap Chinese products entering the market. The escalating trade tensions include the US and EU raising tariffs on Chinese electric cars, prompting retaliatory measures from China, such as launching anti-dumping investigations on imported European pork.
Source: YAHOO
Reported about 1 year ago
Taiwan Mobile made a move to enter the new retail market on June 25, 2024, marking a significant trend in the domestic retail market. This move signifies the empowerment of commercial opportunities through technologies such as AI and big data by the telecommunications industry, extending from applications like 5G private networks and smart cities to retail channels. Direct-to-customer (DTC), Online Merge Offline (OMO), and other new retail development models are also being recognized by the market, indicating promising future business opportunities amidst intensified competition. Various companies like Taiwan Mobile and Rich Media are strategically investing in new retail businesses to expand their market share. The landscape of the retail market is evolving as physical retail players like 91APP, XINSUN Network, and Tengyun Technology are implementing innovative solutions to enhance customer experiences and operational efficiency, while online giants like Uniqlo are venturing into the physical retail space, reflecting the emergence of a new competitive era in the retail industry.
Source: YAHOO
Reported about 1 year ago
Amid the global economic recovery, Taiwanese national banks are suggesting a balanced approach of investing in both stock and bond markets. They are optimistic about AI stocks and the healthcare industry, as well as recommending positioning in emerging bonds and investment-grade bonds. Favorable markets for the second half of the year include developed countries while suggesting focusing on markets with clear long-term growth trends, such as Taiwan and South Korea in the semiconductor industry or India benefiting from the 'China Plus One' strategy.
Source: YAHOO
Reported about 1 year ago
On June 25, 2024, Radiance announced positive performance in the display industry with OLED panel revenue growth expected in 2024. The company also anticipates profit stability through the year. Additionally, significant energy storage orders are projected to contribute to their energy business growth. Radiance has been actively investing in high and low-power battery integration and production, with plans for a subsidiary's IPO at the end of 2024. Revenue from the energy sector is expected to increase, while the display business is forecasted to stabilize and contribute to overall growth in 2024.
Source: YAHOO
Reported about 1 year ago
Tang Rong held a shareholders meeting on June 25, 2024, revealing an expanding loss from the previous year exceeding 2.9 billion NT dollars, almost equal to the company's capital. The company expressed a cautious outlook for the steel market in the second half of the year due to incomplete recovery in stainless steel demand. Despite some minimal profit in the first quarter of last year, factors like inflation and regional disputes led to a significant increase in losses, with a loss of over 5.1 billion NT dollars in the first half of the year. With total losses reaching nearly 29.84 billion NT dollars, close to the company's capital, the operational situation remains severe. Even with inflation easing and gradual global economic recovery, uncertainties in the stainless steel market persist, making the outlook for the steel market in the second half of the year unfavorable.
Source: YAHOO
Reported about 1 year ago
AI has become the core driving force of the Fifth Industrial Revolution, and to seize the long-term growth opportunities, the focus on technology stocks by multi-asset funds has emerged as a bright star. Nomura Investment Trust's statistics over the past 20 years show that a combination of technology stocks and all-weather bonds has a higher annual return rate than purely global stock portfolios or global stocks combined with global fixed income portfolios. Nomura's Global Technology Multi-Asset Fund adheres to the principles of focusing on stocks offensively and bonds defensively, with stock positions concentrating on American and Taiwanese technology stocks, while adopting an all-weather bond strategy to reduce volatility risk and pursue better investment benefits.
Source: YAHOO
Reported about 1 year ago
Yongfengshi is expected to see a thriving operation this year, with the introduction of new paper machines investing 1 billion yuan to increase capacity by 20%-30%. The company has completed new product capabilities and new channel layout, aiming to boost revenue momentum in the second half of the year. Chairman Ho Yida mentioned a focus on sustainable operations, developing more functional products to meet consumer demands. With the recent increase in revenue by 5.87% in the first five months of this year, Yongfengshi is anticipated to achieve significant growth in revenue for the whole year, driven by expanded production, new product market expansion, and economic recovery. Yongfengshi's investment in new paper machines is expected to contribute to operational momentum as they expand globally and focus on competitive production costs.
Source: YAHOO
Reported about 1 year ago
On June 25, 2024, the Taiwan stock market plunged 310 points to 22,503 points mid-day but saw a reversal by the end of the session, ending with a 62-point increase to 22,875 points due to the emergence of low buying support. This rebound was attributed to Apple reclaiming its position as the world's second-largest company, pushing Largan Precision to regain its top spot in the stock market. Notable figures in the market outlined five signals indicating the market bottoming out and rebounding. With various positive developments in the stock market, the focus is now on upcoming events such as the peak period for ex-dividend stocks, the final quarterly sprint, the Nvidia shareholders meeting, the U.S. presidential election debate, and the highly anticipated earnings season in July for U.S. stocks.
Source: YAHOO
Reported about 1 year ago
Taiwan's semiconductor industry is vital due to its robust industry chain and stable global market share, with the Deputy Secretary of State Campbell warning that any interruption in Taiwan's semiconductor supply chain and commercial flow through the Indo-Pacific region could potentially trigger a global recession. Campbell emphasized the strategic importance of Taiwan in the Asia-Pacific region and the need for the Biden administration to strengthen Taiwan's deterrence capabilities amidst escalating tensions with China.
Source: YAHOO
Reported about 1 year ago
China's National Audit Office's latest report revealed that out of 41 government departments and 346 affiliated units audited, a total of 5.824 trillion RMB was allocated from the budget in 2023, with discovered problems amounting to 226.26 billion RMB. Over 310 significant cases of violations were found and transferred since May 2023, involving more than 1,200 individuals. The audit work in China, known as 'economic health check,' is crucial for the government's supervision system. The report highlighted issues such as regional corruption from collusion between officials and businesses, hindrances to policy implementation due to taking advantage of policy incentives, and increasingly sophisticated corruption methods.
Source: YAHOO
Reported about 1 year ago
AmTRAN Corporation experienced a decline in revenue in 2023 due to inventory adjustments, but has seen a turnaround in the first quarter of 2024 with a return to profit after successfully entering the AI server and AI PC fields. Construction of the R&D headquarters building was completed in the first half of 2024, strengthening production capabilities in Asia. Despite a weak performance in 2023, AmTRAN is optimistic about improved operations in the second half of the year, focusing on product development strategies and expanding production capacities in various Asian countries.
Source: YAHOO
Reported about 1 year ago
To welcome the peak travel season in July, the Tourism Bureau has invited accommodation providers across Taiwan to offer weekday stay discounts, with over 1,000 offers available on the newly launched online 'Accommodation Discounts Zone.' In addition to general lodging deals, there are also discounted accommodation and activity packages in the Hualien area. Furthermore, the Ministry of Transportation has introduced additional benefits for travel to the Hualien and Taitung regions, including the 'Taiwan PASS Railway Edition' offering '2 for 1' deals. These initiatives aim to stimulate domestic tourism and boost travel in the eastern Taiwan regions.
Source: YAHOO
Reported about 1 year ago
The highly acclaimed series ‘The Bear’ gears up for its third season, with the arrival of all 10 new episodes on Hulu at 9 p.m. ET on June 26. The show delves into the journey of chef Carmen, the relationships with cousin Richie and others at the restaurant, the looming challenges, and unresolved personal struggles. To fully appreciate the upcoming season, revisiting the previous episodes is recommended to soak in the show's deep lore and vibes.
Source: YAHOO
Reported about 1 year ago
Dietitians recommend mint as the top herb for promoting gut health due to its anti-inflammatory and antimicrobial properties. Mint has been found effective in alleviating digestive discomfort and is particularly beneficial for conditions like irritable bowel syndrome (IBS). While incorporating fresh mint into your diet may not replicate the doses used in clinical settings, it can still add refreshing flavor and mild digestive benefits to meals. Other herbs like ginger and turmeric also contribute positively to gut health, emphasizing the importance of a diverse diet.
Source: YAHOO
Reported about 1 year ago
Brazil has proposed a global tax on the super-rich in a report commissioned for its G20 presidency. The report suggests taxing individuals with over $1 billion in assets at 2% of their wealth, aiming to raise $200-250 billion annually to fund public services and address climate change. Economist Gabriel Zucman highlighted the need for a progressive tax system to combat inequality, noting that billionaires currently own 13% of the world's GDP.
Source: YAHOO
Reported about 1 year ago
North Macedonia's government revealed a $500 million partnership with renewables investor Alcazar Energy Partners to construct the country's biggest wind farm in the southeast region. The project aims to enhance energy independence and attract foreign investment, marking the largest investment in renewable energy sources in the nation. With plans to commence construction in early 2026, the wind farm is expected to generate 400 megawatts of renewable energy, powering over 100,000 households annually while reducing carbon dioxide emissions by 670,000 tons per year. Alcazar Energy Partners also intends to establish grid connections with neighboring countries to alleviate energy shortages and promote the shift to renewable energy in the Western Balkans.
Source: YAHOO
Reported about 1 year ago
小S擔任動力火車新歌《催眠》MV女主角，表示是動力火車的粉絲並感到開心能與偶像合作，但也坦言這是對自己的極大挑戰，全心投入在角色中展現壓抑且巨大的悲傷感。觀眾對小S的表現讚賞有加，認為她演得「又瘋又美」。動力火車特別為感謝小S的出演送上禮物，引發小S忍不住大喊「這個禮物，我不會帶回家，很火大。」未來可能有機會看到小S在小巨蛋演出。
Source: YAHOO
Reported about 1 year ago
小S擔任動力火車新歌《催眠》MV女主角，展現壓抑愛慕的瘋狂迷戀角色，表演引起動力火車成員驚艷。秋興認為小S演得「又瘋又美」，志琳則覺得有點不敢看，稱其演技厲害。小S在首映中表示這是極大挑戰，並感謝粉絲動力火車送的「吸塵器」禮物。想看小S當嘉賓的動力火車，小S幽默表示只唱小巨蛋，引發現場笑聲。
Source: YAHOO