Reported 8 months ago
Semiconductor giant ON Semiconductor announced a global layoff of 1000 employees in an effort to streamline operations, reduce labor costs, and integrate nine facility sites. The company is facing challenges in the slow recovery of semiconductor demand due to a sharp decline in electric vehicle market demand leading to excess inventory for downstream car manufacturers. Despite a strong first-quarter financial report with revenue and profits exceeding expectations, the company's second-quarter forecast fell below analysts' expectations, attributing the decline to weak sales in the electric vehicle market. ON Semiconductor's main business includes providing chips for electric vehicle drive systems and equipment for driver-assistance systems, with plans to complete the layoff process by next year.
Source: YAHOO
Reported 8 months ago
During the 'Anti-Authoritarianism, Defend Democracy' rally in Taipei on June 16, held by the Democratic Progressive Party (DPP), DPP Legislator Wu Pei-yi criticized Huang Kuo-chang for deceiving the public about discussing bills in the legislature, as Huang had only spoken for 25 seconds and did not raise his hand. Wu Pei-yi emphasized the importance of standing up for Taiwan's democracy and encouraged unity among those who cherish Taiwan. She also urged support for reviewing bills and not giving up on opportunities to communicate with one another, highlighting the fragility of Taiwan's democracy.
Source: YAHOO
Reported 8 months ago
During the 'Anti-Authoritarianism, Democratic Protection' street briefing in Taipei held by the DPP, legislator Wang Shih-chien fearlessly spoke in Taiwanese under pouring rain, criticizing the KMT for not having a 'bluebird'. Urging the KMT to bring out the 'bluebird' to dissolve the parliament and call for a comprehensive re-election, Wang emphasized the need to avoid social unrest. He also denounced KMT for attempting to reverse pension and party asset reforms, while also dismissing criticisms made by the People's Party's convener Huang Kuo-chang. Moreover, Wang criticized Huang for misunderstanding DPP's stance on parliamentary reform and engaging in baseless debates with the KMT.
Source: YAHOO
Reported 8 months ago
Chinatimes News reported on June 16, 2024, about Democratic Progressive Party legislators Shen Boyang, policy council executive Wang Yichuan, and independent Taoyuan city councilor Yu Beichen continuously causing controversial controversies, gaining public attention as the 'New Three Treasures', with Nationalist Party legislator Wang Hongwei critiquing this situation as the decline of the party. Wang stated that if Lai Ching-te allows the party's discourse to be led by Shen, Yu, and Wang, it would be a tragedy, highlighting the shift from past prominent figures to these new controversial individuals and criticizing the party's direction. Wang further criticized their actions and urged for a proactive approach in response to the situation.
Source: YAHOO
Reported 8 months ago
Apple has officially entered the field of artificial intelligence (AI) with the launch of the new Apple Intelligence platform, marking a significant step in their AI competition. The platform integrates OpenAI's ChatGPT technology, enhancing Siri's conversational abilities and providing smarter responses and suggestions in iMessage and other applications. Apple Intelligence also brings breakthrough text generation capabilities, advanced image recognition and processing, seamless connectivity across multiple devices, and personalized recommendation services based on strong data analysis capabilities.
Source: YAHOO
Reported 8 months ago
According to CTi News, on June 16, 2024, in the morning, in Kaohsiung City's Tianliao District, there was a case involving a female farmer who went missing while working near her own farmland. Her family found a pair of rain boots by the creek, suspecting that she may have accidentally fallen into the water. Local authorities received a report in the evening and immediately dispatched firefighters to conduct a search and rescue operation. A drone was also used in the search efforts.
Source: YAHOO
Reported 8 months ago
As the turnover rate of nursing staff rises, multiple hospitals are experiencing bed crisis. An emergency room doctor disclosed that well-trained professionals, who can handle multiple critical patients at once, are only paid around 40,000-50,000 NT dollars under the system. Despite working night shifts and often having to manage 3 to 4 critical patients simultaneously, the disparity in compensation compared to cosmetic doctors raises concerns. The ER doctor's public revelation sheds light on the concerning state of healthcare institutions and the urgent need for systemic reform to address staff shortages and inadequate compensation levels.
Source: YAHOO
Reported 8 months ago
A man surnamed Zhou in Longtan District, Taoyuan City, smashed his own sedan with an excavator after an argument with his separated wife, causing a scene where he blocked her doorway with his white sedan before destroying it. Zhou's blood alcohol level was 0.32 milligrams above the legal limit, leading to his arrest for public endangerment. Initially mistaken online as a case of a homeowner frustrated with a blocked driveway resorting to drastic measures, it was revealed to be a domestic dispute where Zhou smashed his own car. Police intervened and took action against Zhou for drunk driving and public endangerment.
Source: YAHOO
Reported 8 months ago
Lai Hsin-yi, a student at National Taipei University of Nursing and Health Sciences, won a gold medal in a health care competition in Australia and is set to compete in the International Skills Competition in Lyon, France in September. Despite being diagnosed with cerebral palsy at three months old, Lai overcame her challenges with the support of her father and is now representing Taiwan. Her dedication and achievements in the field of nursing reflect her determination and passion for her work.
Source: YAHOO
Reported 8 months ago
Despite heavy rain, the Democratic Progressive Party (DPP) held an event in Taipei called 'Oppose Abuse of Power, Defend Democracy' with hundreds of supporters present. DPP member Wang Shih-chen criticized KMT for colluding with People First Party to pass controversial legislation, called for toppling the government directly rather than engaging in daily disputes, and accused KMT of supporting anti-amendment efforts and advocating for nationalization of party assets. DPP lawmakers also highlighted deceptive tactics of opposition party members, proposing reform measures blocked in committee. The event emphasized concerns over China's influence and urged for a reevaluation of recent legislative actions.
Source: YAHOO
Reported 8 months ago
Japanese food prices have significantly increased, affecting consumers and businesses, with even octopus prices surpassing high-end ingredients like Wagyu beef. Factors such as global grain demand, rising energy costs, labor shortages, and the devaluation of the Japanese yen contribute to inflation. For Takoyaki businesses like Aizuya in Osaka, octopus procurement costs have risen by 10%, constituting 70-80% of their raw material costs. Rising prices may lead to further price hikes, as takoyaki vendors across Japan struggle to maintain the current price of 500 yen per serving.
Source: YAHOO
Reported 8 months ago
民眾黨台商事務委員會主委張凱鈞個人代表參加海峽論壇，並與大陸國台辦副主任潘賢掌單獨會見，張凱鈞強調黨堅持兩岸一家親，但黨中央發聲明澄清他並非代表黨中央出席，未收到正式邀請或派員參加該論壇；立委陳昭姿質疑報導不實，要求黨部調查並遵守相關紀律，避免黨遭受負面影響。
Source: YAHOO
Reported 8 months ago
Rampant counterfeits in Mainland China aren't news, but what's intriguing is a report by China's CCTV exposing a counterfeit luxury goods hub in Guangzhou that offers a full range of services from products and packaging to even producing fake receipts. Merchants are selling high-quality fake luxury items at the price of genuine ones, boosting consumer trust through specially made overseas logistic fake receipts. Located in Guangzhou's commercial areas known for counterfeits, potential customers are approached before even getting out of taxis, showing the extent of the industry's reach.
Source: YAHOO
Reported 8 months ago
An outbreak of hand, foot, and mouth disease has occurred in the Kansai region of Japan, with 6 prefectures reaching alert levels. The CDC Taiwan advises caution for parents traveling to Japan with children under 5, as they are at high risk. Measures to prevent the spread of the enterovirus include maintaining good personal hygiene, environmental cleanliness, and quick medical attention for suspected cases. Prompt treatment can help reduce the risk of severe complications.
Source: YAHOO
Reported 8 months ago
Investing $100,000 in Vanguard's Emerging Markets Government Bond ETF could generate over $6,800 in annual income, offering a 30-day SEC yield of 6.82%. While it provides impressive income with monthly distributions, the ETF's price performance might be lackluster, and all distributions are taxable. Despite some drawbacks, this Vanguard ETF could still be attractive for income-focused investors as part of a diversified portfolio.
Source: YAHOO
Reported 8 months ago
A flight from Colombia was delayed for over an hour because a 10-year-old boy refused to wear his seatbelt, causing a disturbance and leading to both him and his father being removed from the flight, attracting mixed reactions from other passengers. Despite crew and other passengers' interventions, the situation persisted for an hour before the captain made the decision to return to the gate and have the father and son escorted off the plane. The flight was eventually able to take off, while the duo was transferred to another aircraft.
Source: YAHOO
Reported 8 months ago
FTNN News Network reported on June 16, 2024, that the shareholder meeting of Atlantic Beverages (1213), known for producing 'Apple Cider,' was adjourned last Friday (14th) due to only 0.49% of shareholders attending, falling short of the required quorum. The company had faced continuous financial uncertainties over the past five quarters, being at risk of delisting by 2026 if improvements are not made within three years. Despite the low attendance at the meeting, Chairman Su Yunlo reiterated that there are no current plans for delisting and the company has resumed full-scale production since June, actively stocking goods in various channels while resolving past wage disputes. However, the company has accumulated significant losses, including exceeding half of its paid-up capital and having liquid liabilities surpassing liquid assets. The first-quarter revenue for this year was reported at 33.48 million yuan, with a net loss per share of 0.43 yuan. In May, revenue reached 16.42 million yuan, increasing by 31.63% monthly but showing a year-on-year decrease. Negative news has plagued the company, including penalties, wage arrears, and substantial losses, raising concerns over its future.
Source: YAHOO
Reported 8 months ago
NextEra Energy, a prominent utility company, has shown remarkable growth with a 9% compound annual adjusted earnings-per-share growth rate over the last decade, leading to a 10% compound annual dividend increase. Continuing its streak of annual dividend raises for 30 years, NextEra has outperformed the S&P 500 and its utility peers in total returns. The company foresees sustained growth through 2027, backed by stable cash flow, strong growth prospects in renewables, and a surge in U.S. power demand driven by technology companies' rising energy needs for AI data centers, manufacturing, and electric vehicles. With a strong trajectory, NextEra Energy remains an excellent long-term dividend stock to buy and hold.
Source: YAHOO
Reported 8 months ago
As the summer holiday approaches, travelers planning to visit Japan need to be aware of a detail—the new version banknotes may not be usable in vending machines. This issue could inconvenience purchases during the journey, requiring visitors to prepare in advance. Japan recently introduced new version banknotes, including 10,000 yen, 5,000 yen, and 1,000 yen bills with enhanced anti-counterfeiting technology and design improvements. However, due to the time needed for vending machines to be updated, many facilities have not completed the recognition and compatibility upgrades for the new banknotes, causing some vending machines to not accept them. This situation could pose a certain inconvenience, especially for travelers in Japan who rely on vending machines to purchase drinks, snacks, or tickets.
Source: YAHOO
Reported 8 months ago
Gilbert Medam, a 71-year-old French artist, showcases his exhibition titled 'Symphony of Earth' in Taichung, Taiwan. With a background in painting, music, and travel, Medam presents works that pay homage to nature. The exhibition includes large and miniature artworks reflecting the artist's appreciation for the natural world, with proceeds from the sale of a painting going to the Taiwan Wild Bird Society for environmental sustainability. The exhibition runs from now until July 8, featuring 74 pieces of art for visitors to enjoy.
Source: YAHOO
Reported 8 months ago
A man surnamed Wang, working as a laborer, was seen grinding a copper block with a 25 cm long file on the Taipei MRT after boarding from Haishan Station. This action caused panic among passengers who alerted authorities through the intercom. Police in Banqiao dispatched five officers to Fuzhong Station to apprehend the man. Wang claimed he was trying to round the copper block with the file, but police stated he would be prosecuted for violating the Social Order Maintenance Act.
Source: YAHOO
Reported 8 months ago
During the 'Anti-Abuse of Power, Safeguard Democracy' event in Taipei on June 16th, Lin You-chang, the Secretary-General of the Democratic Progressive Party (DPP), criticized the passing of abusive power laws by the blue and white parties. He urged supporters to call for white commissioners to halt their actions, mentioning Huang Kuo-chang specifically. Lin emphasized the importance of upholding democracy and criticized the abuse of power legislation as a step backward in terms of democratic progress.
Source: YAHOO
Reported 8 months ago
Warren Buffett's mysterious high-flying stock turned out to be Chubb, in which Berkshire Hathaway accumulated a 6.4% stake worth over $6.7 billion. With Chubb's strong business model, experienced management team, solid financials, and attractive valuation, Buffett's move reflects his affinity for quality companies. However, Wall Street views on limited growth potential and lower dividend yield may not suit all types of investors. Despite its high price-to-book ratio, Chubb remains a solid pick for value investors, potentially offering growth opportunities and increased stake by Berkshire. The article provides a detailed analysis and insights on whether investing in Chubb is suitable for different investor profiles.
Source: YAHOO
Reported 8 months ago
Investors interested in Monday.com stock should be aware of two key risks before making any decisions. Firstly, while the company has shown impressive growth, there is a concern about sustaining this hypergrowth in a competitive market, especially as it shifts focus to larger customers. Secondly, the stock is trading at a high valuation compared to industry peers, which creates vulnerability to potential reratings and volatility. Investors should carefully assess these risks and their risk tolerance before investing in Monday.com.
Source: YAHOO
Reported 8 months ago
A 19-year-old male driver did not slow down upon entering the Yangmei rest area, causing a chain reaction accident involving 7 cars and injuring 3. The driver, surnamed Xie, was using cruise control on the highway when he failed to reduce speed, leading to the collision. Two individuals were sent to the hospital for minor injuries. Police reminded drivers to pay attention to road conditions and not rely excessively on assistance systems while driving.
Source: YAHOO