Reported 7 months ago
In the report released by the Central Bank of Taiwan on June 14, 2024, the country's international investment position continued to hit a historical high, reaching $1.7353 trillion USD, making Taiwan the 5th largest net creditor nation globally for the third consecutive year. The data showed a surge in foreign assets and the second-highest level of liabilities, indicating a growing trend in outward investments from Taiwan and foreign investments into Taiwan, reflecting the country's increased global participation. The report also compared Taiwan's position with other top-ranking countries, attributing their high net assets to persistent current account surpluses over the years.
Source: YAHOO
Reported 7 months ago
特斯拉最大的外部投資者Vanguard表示，他們投票支持CEO伊隆·馬斯克560億美元的薪酬計畫，原因是該計畫與公司表現高度一致，這一立場有助於周四創下了紀錄的安排通過。 Vanguard曾因擔心2018年股東首次批准時的規模而投票反對馬斯克的薪酬計劃，但在Tesla的年度會議上，隨著股東回報與執行人員的報酬有力的一致性，以及董事會所宣稱的與首席執行官保留原始協議的動機價值相關的益處，根據該備忘錄，Vanguard指導的基金投票贊成通過認可。
Source: YAHOO
Reported 7 months ago
Yahoo Finance Market Updates as of June 14, 2024, 7:05 AM: This week's key points in the Taiwan Stock Exchange (TWSE) included expert analysis on the FED interest rate meeting aligning with market expectations, Booming demand for AI benefiting Broadcom, Apple showcasing AI applications at WWDC, and updates on heavy electrical stocks. Additionally, the central bank kept policy rates steady but raised the reserve requirements for New Taiwan Dollar deposits, adjusted mortgage ratios, and raised Taiwan's full-year economic growth forecast to 3.77%. TSMC saw its stock price hit new highs post dividend distribution and ADR listing, while Foxconn surged on foreign buying interest.
Source: YAHOO
Reported 7 months ago
Chen Yalan, along with her opera troupe, excitedly prepared new costumes, props, and sets for an upcoming opera performance, only to have their warehouse catch on fire the same night. Chen Yalan remained stoic and hopeful, pulling out her cherished vintage opera costumes to lift everyone's spirits. The troupe's dedication to preserving traditional art forms was highlighted by their resilience in the face of adversity. Lin Yuxuan also shared her joy in wearing a vintage dress once worn by a famous star, adding to the sentimental value of the costumes in the troupe's collection.
Source: YAHOO
Reported 7 months ago
Famous media personality Zhang Yushao apologized for inappropriate remarks towards political advisor Yin Wei, commented on by Lo Chih-chiang. Lo Chih-chiang sought compensation of 300,000 for defamation, but the Taipei District Court ruled Zhang must pay 100,000 for spreading false information without verification. Despite Zhang claiming he heard about Lo Chih-chiang asking Yin Wei for a briefcase from a former party official, the court found his comments malicious. Yin Wei and witnesses denied the incident occurred, and the court noted Zhang's comments caused Lo Chih-chiang reputational harm, yet found his criticism of the party culture justified and not requiring compensation.
Source: YAHOO
Reported 7 months ago
Pro-Green commentator Zhang Yushao apologized for his previous comments about Yin Wei, an adviser to Taipei Mayor Jiang Wan-an, made late last year. Luo Zhiqiang sued Zhang Yushao for 300,000, but Taipei District Court ruled Zhang must pay 100,000 for knowingly and recklessly maligning Luo Zhiqiang by spreading false rumors without verification. Zhang claimed that the reason for the briefcase story came from a former People First Party propaganda department head, Wu Kunyu, but the court found Zhang's statements lacked substantial evidence and infamously harmed Luo's reputation.
Source: YAHOO
Reported 7 months ago
紅格雷夫爵士在1984年至2000年間連續五屆奧運會奪得金牌，現在支持英國隊在本夏巴黎奧運會上奪金牌。英國隊的划船運動一直處於領先位置，贏得了31枚奧運金牌。紅格雷夫說：「雖然我們有能力奪金，但我們表現不佳。這次他們將重新振作，有五六次機會奪金牌。隊伍已將東京的錯誤撇在身後，我對他們能夠交出出色的成績毫無疑問。」
Source: YAHOO
Reported 7 months ago
On June 14, 2024, the Taiwan Stock Market closed at 22,504.72 points, rising by 646.34 points compared to the previous week to exceed 71 trillion in total market capitalization. The electronics index had the largest increase of 8.94% this week, while the shipping index suffered the biggest drop of 5.17%. With the market cap surpassing 71 trillion, the semiconductor industry led in trading volume, followed by computer peripherals and shipping sectors.
Source: YAHOO
Reported 7 months ago
Discover how a simple addition of miso to mayonnaise can elevate the flavor of tomato sandwiches, creating a umami-rich punch. The recipe involves toasting sourdough bread, adding seasoned fresh tomatoes, and spreading a miso-mayo mixture for a delicious upgrade. Despite the effort to make the sandwich more appealing to picky eaters, the writer ultimately ends up without seconds due to the success of the flavorful upgrade.
Source: YAHOO
Reported 7 months ago
Source: YAHOO
Reported 7 months ago
Source: YAHOO
Reported 7 months ago
On June 14, 2024, at 7:01 am, at an industrial plating factory in Dongshan Township, Yilan, two workers were injured when a steel cylinder used for electroplating possibly overheated and exploded, causing cuts to their eyes and hands. The incident occurred during the heating and drying process of plating, leading to high temperature and pressure in the carbon dioxide cylinder.
Source: YAHOO
Reported 7 months ago
The EU announced a temporary anti-subsidy tariff of up to 38% on imported electric cars from China, effective from July 4, triggering strong backlash internally in China. Chinese enterprises have formally requested investigations into anti-dumping and anti-subsidy practices on pork and dairy products originating from EU countries. Tensions escalate as China considers retaliatory measures, impacting EU farmers, while presenting trade opportunities for New Zealand. Prime Minister Li Keqiang's recent visit to New Zealand emphasizes expanding trade and investment cooperation, with New Zealand aiming to double its $12 billion exports to China within a decade, a goal that Li Keqiang has pledged to support.
Source: YAHOO
Reported 7 months ago
A recent incident in Keelung City where ten people were injured due to a bus leaking oil for 1 kilometer has drawn criticism from a city councilor who questioned the purchase of used buses, highlighting safety concerns and urging the prioritization of replacing old vehicles to ensure citizen safety.
Source: YAHOO
Reported 7 months ago
A driver and conductor of a Taiwan Railways Administration train were accused of having an extramarital affair for four years, with the driver becoming increasingly brazen by engaging in intimate actions in the cab during 'temporary refuge' periods, disregarding passenger safety. The driver's wife, unable to tolerate it any longer, prompted their reassignment by the Taiwan Railways Administration.
Source: YAHOO
Reported 7 months ago
Cava Group Inc., a Mediterranean-style chain dubbed the 'Mediterranean Chipotle,' experienced an extraordinary 300% surge in value since its IPO in June 2023, reaching a market valuation of over $10 billion. This high valuation equates to $33 million per each of its 323 restaurants, a figure far surpassing Chipotle's $3 million per restaurant valuation at a similar stage. Despite some analyst hesitation and insider stock selling, investors are still embracing Cava's growth potential and expensive price-to-earnings ratio at 185, reflecting the reopening of the global IPO market and the preference for fast-casual chains like Cava.
Source: YAHOO
Reported 7 months ago
After filing for bankruptcy due to a series of challenges including Covid-19, corporate issues, and changing consumer preferences, Red Lobster is now looking to rebound with the help of Fortress Investment Group as its potential new owner. The iconic seafood chain, facing financial woes for over a decade, is confronted with difficult decisions ahead to revitalize its brand. With Fortress closely assessing the chain's performance and focusing on shedding burdensome lease agreements, the future of Red Lobster remains uncertain amidst the evolving economic landscape.
Source: YAHOO
Reported 7 months ago
In just 30 days, Eric Musselman successfully restructured the USC men's basketball team by navigating through a mass exodus of players and utilizing a rental home in Manhattan Beach as a 'Portal House' for intensive recruitment efforts. Musselman and his coaching staff worked tirelessly on roster-building, culminating in the addition of 11 talented transfers before moving into their new home. The team's rebuild showcased energy, relentless motion, and a big vision for the future under Musselman's leadership.
Source: YAHOO
Reported 7 months ago
Chen Yalan's theater troupe's warehouse caught fire the same night they excitedly tried on new costumes and props for an upcoming opera performance, resulting in all their hard work being lost. Chen Yalan then bravely pulled out her treasured costumes from her collection, including those worn by the late actors Chuang Kai Xun and Lin Feng Jiao, to reignite hope among the distraught cast. The article also mentions anecdotes from other cast members and their experiences with antique costumes, as well as the heartwarming gesture of another member paying off a companion's medical bills to make amends.
Source: COM
Reported 7 months ago
Following Nvidia's stock split, the company's shares are now trading around $130 after tipping above $1,200 recently. Despite the split being cosmetic and not changing the investment values, it makes the stock more accessible to smaller investors. Reaching $1,200 again would require a 10x increase from the current price, which may be possible but would be a considerable challenge given competition in the AI chip market. While Nvidia has seen remarkable growth, achieving this milestone again would likely take at least a decade and is subject to market conditions and competition.
Source: YAHOO
Reported 7 months ago
In a recent trial, a Georgia jury granted over $47 million to the family of a 35-year-old truck driver who was killed in a crash in 2017 involving a former driver of Schneider National. The verdict apportioned 100% of the blame to Schneider and the driver, Darryl Joachim. The incident occurred on Interstate 285, leading to a wrongful death lawsuit. The case revealed details implicating Joachim's actions and history with Schneider, resulting in his termination for failing a drug test and a track record of safety violations. Schneider National and Joachim may consider appealing the sizable verdict.
Source: YAHOO
Reported 7 months ago
Air cargo volumes have surged, driven by e-commerce orders from China, reshifting orders to avoid rising costs and delays in ocean shipping. This unexpected market growth raises questions about the upcoming peak shipping season and whether it is stealing from future demand. Despite projections for 2024 being 3.5% to 4.5% growth, actual growth has been in double digits for six consecutive months. The air cargo industry is experiencing a strong recovery, with global economic indicators favoring air cargo over ocean freight due to port congestion and delays.
Source: YAHOO
Reported 7 months ago
According to the Taiwan Stock Exchange's data on fund movements, institutional investors collectively bought NT$22.627 billion shares today, with securities investment trust enterprises (SITEs) purchasing NT$8.003 billion and selling NT$7.744 billion, resulting in a net purchase of NT$259 million. Electrical stocks have shown remarkable performance, with Middle of the Electric Power (1513) entering the top 10 of the purchase list, ranking 8th, and Shihlin Electric (1503) and Walsin Technology (1519) also seeing net purchases. Netizens praised the move, with Shihlin Electric and Walsin Technology both hitting the daily limit up, closing at NT$269.5 and NT$920 respectively.
Source: YAHOO
Reported 7 months ago
Wells Fargo has fired over a dozen employees in its wealth- and investment-management team for simulating keyboard activity instead of actually working, leading to their dismissal after review of allegations involving the creation of a false impression of active work. The financial giant discovered the issue and confirmed that it does not tolerate unethical behavior. The firm did not specify how the employees faked work, prompting discussions on potential tools like 'mouse movers' and 'keyboard clickers' readily accessible online. The incident contrasts with industry trends pushing for more in-person work, exemplified by other Wall Street firms requiring employees to be physically present five days a week.
Source: YAHOO
Reported 7 months ago
Taiwan Sugar Corporation conducted its 113th annual shareholders' meeting today, where they approved a dividend distribution of 0.7 yuan and completed the reelection of the 36th Board of Directors. The Chairman reported that the company's 2023 operating revenue of 30.187 billion yuan and operating profit of 2.233 billion yuan exceeded the budget by 1.253 billion yuan and 0.982 billion yuan, respectively, with significant operational improvements. Taiwan Sugar has been focusing on circular economy, green energy, asset activation, and health leisure activities, achieving revenue growth while advancing towards sustainability. The company has also successfully turned around its seven major business departments, with various initiatives receiving recognition and awards, including the Top 100 Sustainable Exemplary Enterprises Award.
Source: YAHOO