Reported 10 months ago
According to Taipei City's land data, the 39-year-old hotel 'Anhe Boutique Hotel' in Daan District was sold for 918.9 million in February this year. Experts suggest that besides operating the hotel, it could also be redeveloped for elderly care facilities or rebuilding luxury homes, making it an excellent investment target. Transactions in Taipei, including 'Taipei Lutetia Hotel' and 'Ximending Diary Six Happiness Hotel', have been brisk, with prices ranging from 260 million to 540 million. The recovery of the hotel industry post-COVID-19, coupled with the scarcity of land in the Taipei area, has attracted many developers to invest in such properties.
Source: YAHOO
Reported 10 months ago
Taiwanese citizen groups, led by the main organizer 'Bluebird Action,' gathered for the second day outside the Legislative Yuan in opposition to the proposed amendments to the Legislative Yuan Powers Exercise Law and parts of the Criminal Code. They called for a total of 10,000 citizens to appear for the vote on the Executive Yuan's reconsideration on the 21st. The main organizer reported an attendance of 8,000 people on the evening of the 20th and urged people to keep up the momentum. The pushback against the amendments continues, with plans for press conferences and ongoing citizen group monitoring of any legislative backtracking.
Source: YAHOO
Reported 10 months ago
In response to opposition parties' attacks during the legislative questioning on the parliament's empowerment revision bill, Premier Tsai Ing-wen skillfully parried objections from both blue and white party legislators. Particularly, when challenged by blue party legislator Hsu Chiao-Hsin about potential leaks of sensitive information to Chinese President Xi Jinping after the bill is passed, Tsai responded with a veiled remark, earning praise online for his sharp and strategic responses.
Source: YAHOO
Reported 10 months ago
Ke Chien-ming criticized the KMT and NPP for pushing legislative amendments, with the Legislative Yuan set to vote on an executive review on June 21. Ke emphasized that it’s just about leading ticket and voting for the DPP, questioning why there’s any fear from the ‘Flower King of Hualien’. Ke also commented on the strategies and actions of various party officials during the proceedings, expressing confidence that the motion will not succeed but signaling the potential beginning of a more dangerous phase ahead.
Source: YAHOO
Reported 10 months ago
The most significant research calls from Wall Street's top analysts include B. Riley upgrading Skyworks to Buy with a $130 price target, TransUnion being upgraded by BofA to Buy, iRhythm being upgraded by Wolfe Research to Outperform, and more. On the other hand, Spirit AeroSystems was downgraded by Benchmark, Zentalis by UBS, Esperion by BofA, and Prelude Therapeutics by Barclays. Additionally, new coverage initiations include Oppenheimer on ESAB, TD Cowen on Vericel, BofA on Samsara, JMP Securities on Life360, and BofA reinstating coverage on Cardlytics.
Source: YAHOO
Reported 10 months ago
On June 20, 2024, in Qingdao East Road, members participating in the 'Qing Niao Movement' were mostly elderly, with fewer young students present. As the Legislative Yuan is set to vote on the Executive Yuan's amendment to parliamentary powers, the DPP caucus claimed they would not boycott, but to ensure smooth proceedings, the KMT caucus issued a mobilization notice to escort Chairman Han Kuo-yu to the podium. The area surrounding the Legislative Yuan has been divided to manage the Qing Niao and Blue Eagle mobilizations. Despite a lower turnout possibly due to hot weather and afternoon rain, the event has sparked lively online discussions. Organizers quickly ordered hundreds of boxed meals to satisfy attendees' hunger. The Blue Eagle 'Expose Dark Boxes, Safeguard Democracy' event, initiated by city councilors from Taipei, New Taipei, Keelung, and Taoyuan, aims to counter the 'Qing Niao Movement' and prepare for future elections. Tomorrow's activities will be managed by police to prevent conflicts and ensure security.
Source: YAHOO
Reported 10 months ago
Shares of Trump Media & Technology Group fell after the SEC approved a regulatory filing allowing investors holding the company's derivatives to convert them into shares. This move could lead to a significant increase in outstanding shares, potentially diluting existing shareholders' stakes. The stock price dropped by about 17%, signaling concerns about possible dilution and its impact on long-term investors.
Source: YAHOO
Reported 10 months ago
The national congress reform reconsideration case will be voted on the 21st. The Democratic Progressive Party mobilized supporters called 'The Bluebird' to gather outside the Legislative Yuan on the 19th, 20th, and 21st, but the turnout was low the first two days reportedly due to poor lunch options, including porridge on the 19th. Critics online mocked the event, comparing the situation to a flood causing refugees in the Yellow River, questioning the treatment of the attendees. Critics expressed concerns about serving porridge to attendees in the heat and contrasted it with staff reportedly eating McDonald's. The event was covered on June 20, pointing out the dissatisfaction among attendees with the food served.
Source: YAHOO
Reported 10 months ago
Recently, there have been conflicts on the Taipei Metro due to disputes over priority seats, sparking intergenerational tensions. Legislator Wu Chun-Cheng of the People First Party recommended that a 'seat bell' system be installed in train cars, allowing passengers in need to signal for a seat. Despite the concept of priority seats being well-intended, practical issues have led to disputes and even hatred between age groups. Wu emphasizes the importance of focusing on giving and accommodating those in need, rather than labeling oneself. The installation of a 'seat bell' system aims to foster a caring and harmonious society among citizens.
Source: YAHOO
Reported 10 months ago
Set to take place from June 22 to July 4 at the fourth exhibition hall on the third floor of the Chiang Kai-shek Memorial Hall in Taipei, Xie Baozhen, the chairman of the Chinese Hanguang Calligraphy Society, will showcase her 'Following the Heart, Building the Heart' calligraphy and abstract ink creations. With a passion for calligraphy and over 20 years of experience, the exhibition marks her first personal showcase, delving into the fusion of Chinese calligraphy and Western abstract art styles. Through her journey of exploration and creation, Xie aims to present a unique atmosphere combining calligraphy, abstract ink, and installation art.
Source: YAHOO
Reported 10 months ago
The 'Two Lakes Forum,' a mechanism for local government exchanges between Taiwan and China, was hosted by Nantou County this year. However, it was reported that the application by Nantou County to bring advance officials from Hangzhou City to Taiwan was blocked by the Taiwanese government. The Mainland Affairs Council (MAC) explained that the county initially applied to the Ministry of Culture, which deemed it outside their examination scope, and the county did not proceed with a further application. MAC indicated that as of the present, Nantou County has no intention of reapplying, although they are planning to hold the forum at the end of September. However, there has been no clear response from the Chinese side.
Source: YAHOO
Reported 10 months ago
In the Taiwan Super Basketball League (PLG) championship series, the New Taipei Kings, led by Lin Shu-hao, secured a 3-1 lead and defeated the Yulon Luxgen Dinos in overtime to claim their first-ever championship. Lin Shu-hao and Lin Shu-wei worked together to achieve the dream of winning the championship. The game was intense, with key plays from players like Lu Jun-xiang and Li Kai-en contributing to the Kings' victory.
Source: YAHOO
Reported 10 months ago
On June 21st, the summer solstice arrives with international feng shui astrology expert Qiu Yanlong warning of turbulent times ahead. He advises seeking blessings from various deities, wearing grapefruit, rose pink, and off-white clothing, and accessorizing with jewelry featuring 'V' or 'M' or drop-shaped lucky objects to enhance love, wealth, mentorship, and career luck amidst challenging cosmic influences until the end of the year.
Source: YAHOO
Reported 10 months ago
New economic data in the United States showed mixed results on Thursday, with initial jobless claims dropping to 238,000 but still higher than expected. Housing sector indicators like housing starts and building permits also declined more than anticipated in May, with housing starts falling by 5.5% and building permits dropping by 3.8% month-over-month. Yahoo Finance's Brad Smith and Madison Mills analyze the data, discussing its implications for the economy and inflationary pressures.
Source: YAHOO
Reported 10 months ago
The Kaohsiung History Museum launched the 17th 'Exhibition of Kaohsiung' titled 'Exhibition of Three Tribes - Showcasing Maolin Culture' from June 20 to October 27, 2024, focusing on the natural, cultural, and ethnic characteristics of Maolin District. The exhibition features traditional indigenous artifacts from the Down Treasures Tribe, including Rukai tribe embroidery, traditional costumes, headdresses, ancient maps, historical documents, old photos, field surveys, and audiovisual materials, showcasing the unique cultural landscape of Maolin. The event aims to introduce Maolin to the public and immerse them in Maolin's culture, inviting visitors to experience the power of Maolin.
Source: YAHOO
Reported 10 months ago
Russians experienced issues with bank app payments following a DDoS attack on Russian banks, as reported by Kommersant. Problems included difficulty in sending payment confirmation codes, issues with banking websites, Telegram, and mobile networks. Despite disruptions, the fast payments system is back to normal. The IT army of Ukraine later claimed responsibility for the Russian bank outages.
Source: YAHOO
Reported 10 months ago
During the legislative session from June 19 to June 21, various citizen groups gathered outside the Legislative Yuan in Taipei to protest the amendment of the Legislative Yuan Exercise of Powers Act. The second day of the gathering saw over 8,000 participants on the evening of June 20, with organizers announcing a hope for even more attendees the next day. The event featured protests against controversial proposals put forth by several KMT lawmakers and called for participation in the upcoming vote on the Executive Yuan's revising proposal.
Source: YAHOO
Reported 10 months ago
Japanese former AKB48 Team 8 member, Yuuka Suzuki, visited Taiwan and experienced being stared at by older men during a mud hot spring bath in Tainan's Baihe District. She expressed her frustration by telling the men to leave. Suzuki, who admires Taiwanese cheerleading goddess Lin Xiang, had previously attended a baseball game to support Lin Xiang and recently shared her experiences in Taiwan on her YouTube channel.
Source: YAHOO
Reported 10 months ago
The S&P 500 and Nasdaq opened higher while the Dow Jones Industrial Average initially stayed below flat. Market experts examined the market rally, sector performance, and movements in silver futures and bitcoin prices. Tech sector led the market gains, with technology showing significant year-to-date increases. Analysts discussed the potential impact of market concentration and highlighted the historical performance of the S&P 500 in July, which has traditionally seen gains over the past decade.
Source: YAHOO
Reported 10 months ago
China's Commerce Ministry accuses the European Union of unfair demands in an investigation into Chinese electric vehicle imports before announcing a tariff increase of up to 38%. The Ministry claims the EU demanded excessive information from Chinese automakers and unfairly accused them of non-cooperation. Despite the additional tariffs, China has not announced any new measures but warned it will defend Chinese companies' rights and interests, possibly in response to the EU's anti-dumping investigation into European pork exports.
Source: YAHOO
Reported 10 months ago
French Prime Minister Gabriel Attal is facing a tough re-election battle in the upcoming early election following French President Emmanuel Macron's decision to dissolve the lower house of parliament. Attal, appointed just six months ago, is vying to maintain his position against 28-year-old far-right leader Jordan Bardella. The election campaign is reshaping French politics, with Attal working to secure support for Macron's centrist bloc and prevent the rise of far-right or left-wing coalitions. The outcome is uncertain, but Attal is campaigning hard to defend Macron's policies and appeal to voters amidst a shifting political landscape.
Source: YAHOO
Reported 10 months ago
根據政府周四公布的數據，美國五月份的新建住房開工數量下降5.5%，達到每年一百二十八萬的年率，是四年來最慢的速度。建許可證也下降了3.8%，達到每年一百三十九萬的速率，同樣是自2020年6月以來最弱的。單戶住宅的授權許可證連續第四個月下降，達到一年來最緩慢的速度。這些下降表明住宅建築可能在今年初穩定後削弱經濟增長。
Source: YAHOO
Reported 10 months ago
During the Legislative Yuan's full committee meeting on June 20, 2024, examination of the Executive Yuan's proposed Parliament empowerment and returned cases took place. DPP legislator Zhuang Ruixiong raised concerns about potential passing of concerning bills with opposition party cooperation and how this might make the premier the one with the most returned cases in history. Premier Cho Rong-tai emphasized the importance of democratic process, rigorous scrutiny of all bills, and pressure-free administration to ensure public acceptance and keep the country moving forward.
Source: YAHOO
Reported 10 months ago
Legislators Yeh Yuan-zhi and Wang Ding-yu engaged in a heated argument in the Legislative Yuan for 5 minutes, stemming from public opinion arising when the parliament's expanded powers bill passed at the end of May. Yeh is accused of suggesting Legislative Yuan President Han Kuo-yu use police powers and, in a Facebook post, blames Wang for spreading rumors. The tension escalates due to the possible dismissal of Yeh, as over 2600 people have joined a Facebook group for his removal. This conflict may be overshadowed by the electoral district structure which poses a threat, with uncertainties in the Yeh's district and the low threshold for his potential dismissal of over 50,000 votes.
Source: YAHOO
Reported 10 months ago
Source: INVESTORS