Reported 7 months ago
This article discusses a popular Father's Day recipe for Boilermaker Tailgate Chili. The recipe is filled with ingredients that many dads love, such as beef chuck, sausage, bacon bits, beer, peppers, tomatoes, and beans, along with various herbs and spices. The chili is described as rich, spicy, savory, and delicious, perfect for sports games or block parties. The recipe is customizable to suit individual spice preferences and can even be made vegetarian. Despite having over 25 ingredients, the chili only takes about 30 minutes to prepare and is simple to cook, ideal for a special Father's Day gift or meal.
Source: YAHOO
Reported 7 months ago
石油钻探公司Noble Corp（NE）将以价值16亿美元的股票加现金交易收购Diamond Offshore Drilling（DO）。Noble Corp总裁兼首席执行官罗伯特·艾夫勒表示，公司通过这项收购将增加规模，以满足全球钻井运营需求。他还提到过去几年公司进行的多次合并收购，以及对能源行业的专家见解。
Source: YAHOO
Reported 7 months ago
TJ Maxx、Marshalls 和 Home Goods 的母公司 TJX 宣布計劃擴張，開設 1300 間新店，增加其總體覆蓋面積 25%。該折扣零售集團表示銷售額去季度增長 6%，盈利大幅增長 22%。目前美國有 1300 間 TJ Maxx、1200 間 Marshalls 和 900 間 Homegoods。
Source: YAHOO
Reported 7 months ago
Verdence Capital Advisors首席投資官Megan Horneman與Market Domination討論聯邦儲備委員會決定維持利率不變後，道瓊斯指數（DJI）、納斯達克指數（IXIC）和標普500指數（GSPC）交易混雜。中央銀行將利率下調預測修訂為12月份僅進行一次下調。對於市場的影響，Horneman稱聯邦儲備主席鮑威爾（Powell）的單一利率下調預測並不令人驚訝，但對其鷹派轉向感到驚訝，認為其之前的鴿派言論助長了今年圍繞利率下調樂觀情緒。至於市場近期展望，Horneman持較為謹慎立場，表示“我真的看不到任何潛在的正面催化劑，這就是問題所在。這就是為什麼我們對市場有點謹慎的原因，我看到更多的催化劑是向下的。”
Source: YAHOO
Reported 7 months ago
In a significant victory for college leaders, a Republican-backed bill called the 'Protecting Student Athletes' Economic Freedom Act' has been passed by the House Committee on Education and the Work Force. The bill aims to exempt college athletes from being classified as employees, which is a key request from the NCAA and conference leaders. However, the bill faces challenges from Democrats who support unionization and are against preempting employment rulings from courts or the National Labor Relations Board. The success of the bill's future in Congress remains uncertain.
Source: YAHOO
Reported 7 months ago
Wharton Professor Jeremy Siegel believes the tech momentum trade driving market gains, led by companies like Nvidia and Broadcom, will persist for a longer period than expected. Siegel forecasts that stocks will outperform bonds in the next three to five years, providing real returns of around 5%, attributing the strength in AI stocks to the momentum. He emphasizes that the current market is not in a bubble due to solid company earnings supporting record-high stock prices.
Source: YAHOO
Reported 7 months ago
According to the Financial Supervisory Commission, Taiwan-listed companies saw a record high of NT$31.1 billion in investment returns from Mainland China in the first quarter, marking the highest ever for a first quarter. The number of listed companies investing in China dropped below 70% for the first time since 2020, possibly due to companies delisting or ending operations in China. These companies also increased overseas investments significantly in the first quarter, reaching NT$250 billion, the highest for the same period in history.
Source: YAHOO
Reported 7 months ago
After a major disruption in the insurance industry due to the pandemic, insurance operations have stabilized, but there has been a higher turnover rate in personnel in the past two years. Insurance companies are actively recruiting this year, even entering campuses early to attract talent with dreamy benefits. Companies like Mingtai Insurance are expanding campus recruitments and offering ten major benefits including bonuses, flexible working hours, attractive salaries, health checks, and creative perks like free drinks, snacks, massage areas, and golf putting zones. Insurers like Fubon Insurance are collaborating with universities to provide internship opportunities, aiming to create a healthy and friendly workplace for employees.
Source: YAHOO
Reported 7 months ago
Market expects a new wave of recovery and growth in the industrial computer sector starting from the second half of 2024, with Advantech (3479) and Avalue (6579) showing positive operational outlook attracting various buyers. Advantech has secured orders from Japanese chain retailers and is expected to expand revenue contributions by obtaining more orders from Japanese retail projects and Chinese car manufacturers. Avalue is optimistic about the future trend of combining robots with AI, aiming for a doubling in revenue share from edge AI by 2026, and anticipates stable growth in revenue for the full year of 2024.
Source: YAHOO
Reported 7 months ago
Taipei, 13th June 2024, 4:10 pm: Xingfu Faw Construction Chairman Cao Yuanbo expressed optimism for the housing market this year, with over 440 billion yuan in new projects on hand to be completed in the next six years, ensuring continued growth in performance. The company approved a dividend of 0.5 yuan and a stock dividend of 1 yuan at the shareholder meeting on the 13th. Looking ahead to 2024, Xingfu Faw is set to complete five major projects including Taoyuan's 'Front Station', Taichung's 'Wenxin Aiyue', Tainan's 'Love Sea', Kaohsiung's 'Xingfu Faw Boai', and Kaohsiung's 'Left Bank of Love River'. The company has a total of over 40 projects in progress, with an estimated total value of 448.5 billion yuan, maintaining steady growth. Focusing on housing and office space to meet rigid market demands, Xingfu Faw aims to consistently grow and provide comprehensive services in the real estate sector, emphasizing its commitment to the market. Xingfu Faw Deputy General Manager Liao Zhaoxiong noted that the company's current project volume of over 448.5 billion yuan will be completed and delivered from 2024 to 2029, with Taichung accounting for the largest share at 30% to 35%, followed by Kaohsiung at 30%, Tainan at 5%, and the remaining portion divided among Taipei, New Taipei, and Taoyuan. Additionally, there are ongoing projects that are pending approval, such as Kaohsiung's Special Trade Zone Phase Three with an estimated value of 50 to 60 billion yuan, and the office space project in Xizhi Gongjian Segment valued at around 20.4 billion yuan, further focusing on the office space market. Regarding the hotel layout of Xingfu Faw Group, Xingfu Faw Group Chairman’s son Zheng Juntian revealed that after opening the Anping Yaluxe Pavilion in Tainan, negotiations are underway with a high-end international hotel brand for the Jinshan Hot Spring Hotel, aiming for an official opening before Lunar New Year 2025. The progress of the Hyatt Hotel in Kaohsiung's 'Museum No. 1' is on track, with an expected completion and opening by the end of next year. Moving forward, one of the largest development projects for the group, Kaohsiung Special Trade Zone Phase Three, has also made progress, with Liao Zhaoxiong indicating that it is currently under review by the Kaohsiung City Government, planning six large office buildings, with Xingfu Faw allocated four buildings including one specially tailored for micro-office buildings with units ranging from 60 to 80 square meters, in order to attract AIot industry and future AI industry chains to settle in Kaohsiung, providing enhanced office services. The estimated total sales are expected to reach 50 to 60 billion yuan in the future.
Source: YAHOO
Reported 7 months ago
On June 13, 2024, at 4:10 PM, Cathie Wood, known as the 'Queen of Stocks,' expressed optimism for Tesla, setting a target price of $2,600 per share for 2029 through her ARK Investment Management. This ambitious target suggests Tesla's stock could increase 15-fold in five years with an average return rate of 72%. Despite Wall Street analysts offering a lower average target price of $183 per share for 2024 due to increasing market competition and slowing electric vehicle demand, Wood remains confident in Tesla's future, especially focusing on the potential of Tesla's not-yet-launched fully autonomous driving vehicles.
Source: YAHOO
Reported 7 months ago
Agriculture Minister Chen Chun-chi admitted during a parliamentary session in Taiwan on June 13, 2024, that egg consumption has been continuously low, resulting in an oversupply situation. With daily egg production exceeding demand, wholesale prices have dropped to a near two-year low, prompting retailers like supermarkets to lower prices. The government is working on balancing egg production and distribution, aiming to stimulate consumption and regulate production levels by phasing out older hens. Various efforts, like the introduction of premium-grade fresh eggs and the construction of new egg processing facilities, are being made to enhance Taiwan's egg market.
Source: YAHOO
Reported 7 months ago
At the shareholder meeting on June 13, 2024, Dr. Jordan Wu, Chairman of Himax Technologies, announced the successful election of directors and the distribution of a cash dividend of 14 NT dollars. Dr. Wu expressed optimism for the second half of the year, expecting better performance than the first half and surpassing last year's profits. With the increasing demand for power management integrated circuits (PMICs) in the AI era, Himax anticipates a 5-10% growth this year, surpassing the global average. The company continues to expand its product lines to meet market demands, and has a history of high dividend payouts, with this meeting approving an 80.8% payout rate. Himax's May consolidated revenue slightly decreased compared to last year, but showed growth for the first five months. Looking ahead, the company maintains a quarterly revenue growth forecast and is optimistic about applications in the TV sector. Dr. Wu highlighted the company's focus on new product development, like fan motor drive ICs, to tap into large markets and maintain a competitive edge. Despite slow progress in DDR5 PMIC penetration due to competition from other memory technologies, the overall power management market remains promising with AI advancements driving demand. The stabilized supply-demand balance in the market, along with competitors' expanding factories, signifies a healthy industry environment for Himax Technologies.
Source: YAHOO
Reported 7 months ago
As the trade war between China and the European Union intensifies, the EU Commission announced imposing a temporary anti-subsidy tariff of up to 38.1% on Chinese electric cars, leading to tensions between the two sides. China vowed to take necessary countermeasures, causing concern in the European agricultural sector. It is anticipated that China may target European dairy and pork products, which are significant exports from the EU to China, with the EU being the second-largest source of dairy products for China and key pork suppliers including the Netherlands, Denmark, and France. This escalating dispute is expected to have broader implications on global trade and cooperation.
Source: YAHOO
Reported 7 months ago
Creatio held a shareholder meeting on June 13, 2024, where the board of directors was completely re-elected, followed by the immediate convening of the new board, and the reappointment of Kingdom Wang as chairman. With the widespread adoption of 5G technology, the expansion of IoT applications, and the rapid growth of AI PCs, Creatio will focus on maintaining its commitment to technological innovation while prioritizing product differentiation and introducing new product designs to customers in 2024. By strengthening the development of USB 4 product lines, PCIe G5 redrivers, and image control chips, Creatio aims to meet the changing market demands, enhance product competitiveness, and increase market share.
Source: YAHOO
Reported 7 months ago
Despite the UN Security Council's call for a ceasefire in Ha for 6 weeks, both sides did not fully comply with the UN, causing freight rates and capacity issues to extend to October. Evergreen's (2603) stock price ended its 3-day decline and rebounded on June 13. The rise in freight rates and tight capacity was driven by the Red Sea crisis, where merchant ships had to take detours, leading to a capacity crunch and soaring freight rates. Whether the Red Sea crisis will be resolved is a crucial factor when investing in shipping stocks. Evergreen's May revenue was NT$32.16 billion, up by 1.09% monthly and 40.34% annually, totaling NT$152.612 billion from January to May, a 36.16% annual increase. Analysts believe that besides the Red Sea crisis, a sudden variable in May was the shortage of idle containers in mainland China, pushing up freight rates for Far East to Europe routes to $10,000 per 40-foot container, similar to during the COVID-19 pandemic. Evergreen recently invested around NT$11.2 billion to order 6 2,400 TEU dual-fuel methanol ships and purchase an additional 50,000 new containers.
Source: YAHOO
Reported 7 months ago
台股13日大漲263點，收在22,312點，成交量擴大至5,285.33億元。權值股如台積電、廣達、聯發科等表現亮眼，外資強力加碼，帶動大盤領漲。電子股表現強勁，聯發科漲幅6.54％，鴻海漲幅2.4％，廣達上漲3.46％，台達電上漲2.76％，合計帶動大盤漲約184點。外資當日加碼台股268.64億元，主要買超電子股，展現強勢。
Source: YAHOO
Reported 7 months ago
Despite international geopolitical developments, Wan Hai (2615) completed a dividend payment of 1.5 yuan on June 13, leading to a nearly limit-up surge in the morning session and closing at 84.4 yuan, up by 3.56%. Experts believe that despite the 6-week ceasefire agreement in Israel, issues like container shortages, vessel shortages, and port congestion persist, leading to a full-load situation continuing until July and a further rise in freight rates entering the traditional peak season in Q3. Wan Hai recorded impressive revenues in May with a 40.14% annual increase. Analysts expect Q2 rate hikes to reflect in Q3 revenues, giving Wan Hai a 'buy' rating with a target price above 100 yuan. The shipping sector's main variable depends on the duration of the Israel conflict; an extension of the ceasefire may signal a turning point for shipping stocks. The SCFI index has risen for nine consecutive weeks, but investors are concerned about whether the new index on the 14th will continue the uptrend. Disclaimer: Options trading carries inherent risks, and the information provided is for reference only, not an invitation, solicitation, or any form of recommendation. For more exclusive reports by Commercial Times, stay updated on the launch of Longtan Factory in Q4 next year, the official opening of a purely online insurance company, and the start of license applications by the FSC in August next year.
Source: YAHOO
Reported 7 months ago
The latest Federal Reserve (Fed) dot plot shows a reduction in expected rate cuts for 2024 from three times as predicted in March to only one time. Analysts speculate this eliminates the possibility of the Fed initiating loosening measures before the November US election, leading to a potential delay in rate cuts until December. Despite softer inflation data in May, the Fed's conservative stance now suggests only one rate cut this year, possibly in December, with traders still indicating a 60% chance of a cut in September. Some believe the dot plot may not accurately reflect the impact of the May consumer price index data, but the baseline forecast remains for a single rate cut in December.
Source: YAHOO
Reported 7 months ago
The Central Bank has implemented its sixth wave of real estate credit controls, tightening loan-to-value ratios for second homes in specific areas. Real estate developers and industry professionals have expressed concerns that these measures could harm innocent buyers, including those who have already signed presale agreements and are about to complete transactions, as well as ordinary homebuyers looking to upgrade. Suggestions include exemptions for ongoing transactions to prevent unintended consequences and disruptions. Developers worry that the abrupt implementation could lead to contract disputes and financial pressures for buyers looking to switch properties, affecting their willingness to purchase. While the policy aims to cool the market, experts believe it will have limited impact on dampening housing prices and could distort normal housing demand. Ultimately, the goal is to ensure a healthier and more sustainable real estate market.
Source: YAHOO
Reported 7 months ago
Huang Jianqun, Director of the China Division of the Industrial Association and part-time Assistant Professor at a university, explores the topic of China's industrial overcapacity amidst discussions of imposing temporary tariffs, emphasizing that the issue is not as simple as it appears. While Western countries view China's capacity as a threat, China argues that it is a baseless accusation and highlights how market dynamics determine supply and demand. The article delves into the complexities of global trade, China's position in the global supply chain, and the differing perspectives between China and Western nations, indicating the potential fragmentation and conflicts in global trade in the future.
Source: YAHOO
Reported 7 months ago
Huang Guoming, a lawyer and chief strategist at Huan Ying Law Firm, emphasized the importance of 'reminding' employees in implementing 'reasonable protection measures' for trade secrets, focusing on reminding employees of the significance of data, not to mishandle documents, and to return them upon departure. The article suggests that while companies aim to safeguard trade secrets completely, it's essential to understand that with intent, data can still be leaked. Emphasizing the need for reminders, the article proposes a simple 'three-stage' approach for companies to establish protection measures for employees at different stages: upon arrival, during employment, and upon departure. It highlights key areas such as customization of confidentiality agreements based on company trade secrets and understanding the intellectual property and obligations of new employees to prevent potential risks of confidentiality breaches.
Source: YAHOO
Reported 7 months ago
According to the Taiwan Tourism Bureau, the number of outbound trips by Taiwanese reached a record high of 11.79 million in 2023, with even higher numbers expected in 2024. In response to the summer travel boom, Taiwan's proprietary insurance company is offering a 'Summer Limited' overseas travel insurance plan, providing discounted international travel protection to the public until August 31, applicable to any destination. Starting at just NT$186 for a three-day trip with coverage up to NT$3 million, the plan includes travel accident insurance, inconvenience insurance, and sudden illness coverage, aiming to offer peace of mind during summer vacations. Additionally, customers who purchase the 'Summer Limited' plan for over three days online will receive a code for 'Care Medical Consultation' provided in collaboration with IC Care platform, enabling instant medical advice from Taiwanese doctors without language barriers while abroad. The plan also includes benefits for flight delays, trip cancellations, and upgrades for food poisoning assistance, enhancing overall travel security for tourists. Interested individuals can visit the Taiwanese proprietary insurance website for more details and pricing calculations.
Source: YAHOO
Reported 7 months ago
Delta announced on June 12th that they signed a contract with Guantian Steel to implement an 80MW energy storage system solution for E-dReg services. The project includes 24 liquid-cooled 3.4MW power regulation systems PCS3000 designed for island-climate characteristics, along with the newly released containerized lithium iron phosphate (LFP) energy storage system. The system also utilizes DeltaGrid energy management system with AI technology for intelligent operation and maintenance. Guantian Steel Chairman Wang Zhenze expressed their commitment to energy transition by integrating energy storage systems to enhance power grid resilience and quality, complying with various regulations and safety standards.
Source: YAHOO
Reported 7 months ago
Chang Hwa Bank excels in corporate governance, ranking in the top 5% of listed companies in the Taiwan Stock Exchange’s 2023 evaluation for three consecutive years, showcasing their long-term commitment to enhancing governance systems. The bank actively promotes governance by establishing committees such as audit, remuneration, and sustainability, focusing on shareholder protection and sustainable development, while also excelling in operational aspects like issuing financial bonds, enhancing cybersecurity, shareholder communication, and community charity initiatives. Moreover, Chang Hwa Bank sets carbon reduction goals and implements various strategies to reduce emissions, successfully meeting targets and contributing to environmental sustainability.
Source: YAHOO