Reported 7 months ago
A reflection on Taiwan's education system showcasing success stories from high school graduates to high-ranking officials, highlighting diverse educational opportunities. The appointment of new government officials by President Lai Ching-te signifies a new era of action and innovation, with public focus shifting from professional backgrounds to practical experience and skills. The article discusses various new ministerial appointments and their backgrounds, emphasizing the flexibility and benefits of Taiwan's education system in providing pathways for diverse career choices.
Source: YAHOO
Reported 7 months ago
After the global COVID-19 lockdown, Chinese investment in Africa surged with a 114% increase last year, focusing on energy transformation and minerals/oil to boost China's slowing economy, but lacking diversity in imports like agricultural products and manufacturing goods, causing a trade imbalance as Africa's deficit in trade with China continues to grow. Despite Chinese efforts to diversify imports from Africa, the trade deficit remains large. China's focus on mineral and oil trade with Africa has drawn comparisons to colonial-era economic relationships, with little change in sight. The article also notes China's ongoing infrastructure investment projects in Africa, primarily funded through sovereign loans, but some analysts express concern over the one-sided nature of the trade relationship.
Source: YAHOO
Reported 7 months ago
VieHealth Enterprise focuses on safeguarding public health, with innovative eco-friendly bio-products being introduced for various applications like the pesticide-free Green Plant Activated Broad-Spectrum Sanitizing Essence and the long-lasting environmentally-friendly Super Antibacterial Mildew Odor Mineral Beads. Highlighting the vital relationship between humans and animals and the importance of pet-assisted therapy, the enterprise's efforts aim to improve hygiene environments. By collaborating with social enterprises, utilizing innovative tools and technology provided by VieHealth to enhance hygiene conditions, the initiative aims to lower chemical harm, elevate overall hygiene standards, stress the importance of preventive medicine, especially in traditional Chinese and natural medicine, and advocate for animal care and pet health through forums and education, ultimately seeking to promote harmony between humans and animals and a cleaner environment for all.
Source: YAHOO
Reported 7 months ago
On June 13, 2024, the Taiwan stock market hit a new high with the financial stocks index rising by 0.26% to 1,969 points, driven by the improved profits of large financial conglomerates' subsidiaries like Yuanta Financial Holding, Polaris Financial Group, Hua Nan Financial Holdings, Mega Financial Holding, and First Financial Holding, leading to a top ten increase in stock prices. Yuanta's Taiwan ETF rebounded to above its issue price of 10 yuan for the first time since going public on April 1, prompting an increase in Yuanta Financial Holding stock by 1.75% to 32 yuan. The overall financial stock index has been steadily climbing since June, supported by strong profits in the financial industry throughout the year and recent boosts from tech stocks like NVIDIA and TSMC, with insurance holding companies seizing the opportunity to sell shares and make a profit. Major financial institutions like Cathay Financial Holdings, Taiwan Cooperative Financial Holding, Taishin Financial Holdings, and Fubon Financial Holding all saw their stock prices rise on the 13th. Accumulated profits for the top 14 listed financial institutions reached 263.8 billion yuan in the first five months of the year, marking a year-on-year increase of over 90%. Analysts emphasize that as the economy continues to recover and bank lending increases, short-term prospects for bank stocks are positive while insurance stocks are advised to hold for the long term, especially with the gradual improvement in performance following the US interest rate cuts. The Yuanta Taiwan ETF raised 175.2 billion yuan in funding, breaking a hundred billion on the first day, though it initially traded below its issue price and even dropped to 9.26 yuan at one point. Despite the initial setbacks, continuous investor interest persists due to market demand. The article also touches on other news regarding inflation projections and tax reductions, all adding to the momentum in the stock market.
Source: YAHOO
Reported 7 months ago
In order to assist industries in adopting digital technology and developing innovative business models, the Economic Development Bureau of the New Taipei City Government announced the launch of the 'Digital Transformation Roadshow' to guide businesses in transformation. Director of the Economic Development Bureau, He Yiming, stated that the roadshow will provide diverse software and hardware solutions for digital transformation in six major industrial areas in New Taipei City, starting with a briefing in Banqiao on July 4. The initiative aims to help companies enhance management efficiency, achieve sustainable operations, and improve competitiveness by introducing advanced digital solutions such as AI, ESG, IoT, big data analytics, energy management, and carbon emission management.
Source: YAHOO
Reported 7 months ago
This summer, Nespresso partners with the global color authority PANTONE to create a limited edition color inspired by the passionate vibes of the Mediterranean coast. The collaboration features citrus orange hues, a colorful sensorial palette, and accessories that embody the essence of seaside towns. With the release of new summer flavors and an Ice Coffee Summer Promotion until June 19th, Nespresso offers a wide range of coffee machines at discounted prices. Customers can also receive a PANTONE Citrus Orange Ice Brew Set for purchasing 150 coffee capsules, enhancing their summer experience with colorful creations and leisurely moments of indulgence.
Source: YAHOO
Reported 7 months ago
台北报导，第三方支付业者LINE Pay连加网络日前公布5月营收4.18亿元，同比增长29％，累计前五月营收达23.82亿元，年增29.72％。公司计划扩展服务类型和推动双向跨境支付场景，目前用户数量达到1200万人，已进军医疗领域，支付应用还支持穿戴式设备。2023年共有9.2亿笔交易，交易额达6810亿元，年增26％。2024年展望包括发展生态系统和拓展跨境支付服务，同时加强金融相关支付服务。公司也强调人才培养计划，鼓励具有积极态度、勇于尝试新科技的人才加入。
Source: YAHOO
Reported 7 months ago
The Taipei International Computer Show (COMPUTEX) ended successfully, showcasing advancements in AI, forward-looking communications, future mobility, immersive reality, green sustainability, and innovation. One highlight was the display of electric vehicle products and solutions, including new AI smart charging solutions and intelligent driving platform systems. The future of electric vehicle-related funds looks promising, with estimates that by 2030, car manufacturers will comply with around 40% pure electric cars and 9%-27% plug-in hybrid cars. The rise of electric vehicles is seen as an irreversible trend due to the growing focus on carbon reduction globally, making tech stocks, especially AI-related ones, including in the automobile sector, promising investments.
Source: YAHOO
Reported 7 months ago
凱基證券推出隨身e策略APP「e智慧」下單新功能，讓投資人能智能監控股票價格、條件並自動送單，包括多條件觸價單、二擇一出場單、移動出場單、限時進出單以及定時／定量單等，透過直播發表會介紹，吸引了萬人觀看並獲得熱烈迴響。投資人對於這項便捷且免費的新功能反應熱切，認為操作簡便且實用。
Source: YAHOO
Reported 7 months ago
On June 13, 2024, at 4:10 p.m., Medigen-KY (8466) reached a near-year high in backlog orders, indicating growth in operations, drawing the attention of institutional and medium- to long-term investors who are buying in at key levels. The stock closed at 66.3 NT dollars on the 13th, surging to a new high in nearly four years and surpassing all short-term moving averages. Short-term, weekly, monthly, and quarterly trends are showing upward reversals, with the 9-day KD value steadily crossing higher. With increasing trading volume this week, various short-term technical indicators are displaying a bullish pattern, and a short-term W bottom has formed between 55 and 60 NT dollars. By breaking through the upper neckline on the 13th, the short-term technical indicators have strengthened, indicating continued upside potential and room for stock price growth. Responding to the demand for orders in the North American market and future order planning, an expansion of production capacity in the Tainan plant is planned for June, which is expected to drive business growth in the second half of the year.
Source: YAHOO
Reported 7 months ago
Taipei, June 13, 2024, 4:10 PM - Tian 2 Technology (6834) announced its self-financial statement for May as requested by the regulatory authority, with a monthly profit of 10 million NT dollars, a 148% year-on-year increase. The company's profit for the month has already surpassed that of the first quarter. With a net profit per share after tax of 0.11 NT dollars, Tian 2 is expected to achieve a capacity utilization rate of over 90% in the second half of the year, becoming the first passive component factory to reach full capacity post-COVID-19. By actively increasing the proportion of direct sales customers, Tian 2 aims to enter the supply chain of major power plant manufacturers in the third quarter, projecting a further increase in capacity utilization to over 90% in the second half of the year. Despite a loss in the first quarter of the year, Tian 2 benefitted from non-operating gains of about 20 million NT dollars, leading to a turnaround from a loss to profit with an EPS of 0.05 NT dollars. Following the disclosure of the May financial results, which showed a remarkable profit for the month, Tian 2's revenue hitting a new high in over two years, the company reported a 148% year-on-year profit growth with a monthly profit of 10 million NT dollars and an earnings per share of 0.11 NT dollars after tax. For more news reports, please refer to Commercial Times on efforts of the PCB industry in digital transformation, partnership formation to create information models, and the estimation of Taiwan's PCB output value breaking 800 billion and MSCO Life Science receiving investment and cooperation from Japanese enterprises.
Source: YAHOO
Reported 7 months ago
台灣投資理財教育平台CMoney公布第四屆金曜獎得獎名單，評選出2023年最佳研究報告獎，其中群益投顧榮獲盈餘預估準確獎第5名。總經理范振鴻表示研究團隊將持續展現實力，並朝前3名發展。群益投顧看好美股、台股長線展望，預期台股下半年高點可期。
Source: YAHOO
Reported 7 months ago
Located near Yongkang Park on Chang'an Street in Lujhou, a highly recommended delicacy is the Lujhou must-eat food 'Lefu Noodles', owned by a rehabilitated individual who, despite a troubled youth, managed to succeed through hard work and perseverance. The owner faced difficulties seeking employment due to past mistakes and tattoos, leading to a low-level job in the food industry before deciding to learn culinary skills. With mentorship and effort, he became a renowned steakhouse manager and later founded Lefu Noodles, known for its unique garlic sauce combining three Chinese herbs and four vegetables, creating a flavorful and harmonious dish. The name 'Lefu' phonetically inspired by 'LOVE' signifies the owner's belief in the power of hard work and the hope to spread happiness and joy to all customers.
Source: YAHOO
Reported 7 months ago
Central Bank Governor Yang Chin-lung stated that the focus is on whether the housing market affects financial stability, with indicators being banks' loan-to-deposit ratios and stress tests. Even in severe scenarios like a 3% interest rate hike and 40% decrease in house prices, national banks are equipped to handle operations comfortably. The bank also watches for excessive real estate credit concentrations to ensure stability, as structural changes, like the rise in semiconductor industry in Taiwan, can influence housing prices, although speculation is also a concern. Lessons from the US subprime crisis remind the importance of assessing banks' capital adequacy amid market changes to maintain financial stability.
Source: YAHOO
Reported 7 months ago
In Taipei on June 13, 2024, Taiwan Life's Chairman Zheng Taike, Vice Chairman Xu Shubo, and other board members took on the roles of welcoming ambassadors at the Taipei branch to experience fair customer service firsthand. They engaged in preventing fraud by checking the effectiveness of fraud prevention measures, including dealing with elderly customers and implementing multiple language services. By immersing themselves in frontline operations, the board members emphasized the importance of safeguarding customers and enhancing overall satisfaction levels.
Source: YAHOO
Reported 7 months ago
Fengxing (2015) held its shareholders' meeting on June 13, 2024, announcing a dividend of 3.5 yuan and re-electing Chairman Lin Dajun. Fengxing is optimistic about the increase in steel demand in 2024, expecting a slight growth in steel sales compared to 2023 and a potential surpass of the previous year's operational performance. With the gradual improvement in market conditions and a first-quarter net profit of 600 million yuan, slightly higher than the same period in 2023, Fengxing anticipates enhanced steel demand due to positive changes in the global economy, easing inflation, and geopolitical risks subsiding, with a forecasted 1.9% increase in global steel demand in 2024 compared to 2023.
Source: YAHOO
Reported 7 months ago
Sysmex (6231) saw its stock price continue to rise recently, opening at 411 yuan on June 13 and quickly reaching 435 yuan, a 9.85% increase. Despite a slight drop to around 415 yuan midday due to selling pressure, confidence was reignited in the afternoon as funds pushed the price to close at 434 yuan, a gain of over 9%. Over the past three trading days, the stock has seen a cumulative increase of 14.21%. Looking ahead, Sysmex expects strong business performance in the second half of the year driven by the AI PC upgrade trend. Apart from laptops featuring Intel Core Ultra processors, InsydeH2O under Sysmex has also tapped into AI PCs using Snapdragon X Elite and Snapdragon X Plus platforms, with shipments expected to boost growth in the second half of the year.
Source: YAHOO
Reported 7 months ago
WeWork's bankruptcy reorganization plan was approved by a US court on May 30, allowing the company to operate its coworking business under new ownership as a smaller private entity, with John Santora appointed as CEO, aiming to turn a profit by 2025. The approval by New Jersey's bankruptcy court judge John Sherwood opens the doors for the once valued at $47 billion shared workspace provider to make a comeback amidst the current commercial real estate market downturn. WeWork is also severing ties with its founder Adam Neumann, who aggressively expanded the company before stepping down in 2019. After encountering setbacks following its failed IPO attempt in 2019, WeWork secured a successful SPAC listing, but later faced difficulties due to market collapse and poor financial management, leading to its bankruptcy filing in 2023. Through an injection of $45 million from Yardi Systems, WeWork's largest shareholder, the company has the opportunity to rebuild after its market value shrank to around $500 million post-bankruptcy, down from its peak of $47 billion in 2019.
Source: YAHOO
Reported 7 months ago
Under sanctions imposed by the United States and its allies on the semiconductor industry, Chinese tech companies like Huawei have been forced to focus on independent research and development. Huawei's subsidiary HiSilicon recently developed the Ascend 910B AI chip, which has achieved an efficiency of 80% of Nvidia's A100 chip in training large language models. This has led to Tencent, Baidu, and other Chinese tech giants purchasing the Ascend 910B chips, posing a threat to Nvidia's market share in China. Despite Huawei's advancements, there remains a significant gap in AI chip expertise compared to Nvidia, whose H100 chip showcases superior performance capabilities over the A100.
Source: YAHOO
Reported 7 months ago
According to the analysis of state-owned banks, following the central bank's increase in the reserve requirement ratio by 1 percentage point, banks will have to choose quality loan cases carefully due to reduced loanable funds; private banks see this move as a measure to suppress inflation. This adjustment signifies a tightening of monetary policy tools, leading to a decrease in available loanable funds and consequently prompting banks to be selective in extending credit. Overall, the policy indicates a consensus among policymakers and the central bank governor that domestic inflation pressures are expected to gradually ease, and economic growth momentum in the latter half of the year will slow down.
Source: YAHOO
Reported 7 months ago
Vanguard Technology, a test equipment manufacturer, has experienced enthusiastic orders this year with full capacity anticipated by the end of the year. As the AI trend accelerates and demand for testing increases, particularly in wafer testing (CP), Vanguard's Chairman Ge Changlin mentioned the company's intention to continue expanding production based on market demand. With expectations of a strong year in orders and revenue surpassing last year, market insiders predict that Vanguard will see double-digit revenue growth this year and even greater profit growth. An important aspect of this growth plan is the expansion of production capacity, with plans to increase needle production capacity by 30% by the end of the year, positioning it as a significant driver of operational growth for the following year.
Source: YAHOO
Reported 7 months ago
Hwacheng (1519) is optimistic about future operational growth in the next five to eight years, investing in constructing the Guanyin Plant 3, expanding production lines at Taichung Port Plant, and optimizing Guanyin Plant 2 and Zhongli Plant. The company anticipates a capacity increase of at least 30% to 40% in 2024 and an annual output value increase of billions after the second quarter of 2025. The chairman mentioned that factors like the COVID-19 reopening, labor and materials shortages, and global trends such as emission reduction, energy transition, and cybersecurity are contributing to the growing demand for power equipment, with the transformer market expected to grow rapidly starting in 2022.
Source: YAHOO
Reported 7 months ago
Chinese Premier Li Keqiang arrived in New Zealand on June 13, 2024, to hold talks with New Zealand Prime Minister Luxon, aiming to deepen cooperation in various fields and upgrade the comprehensive strategic partnership between the two countries. They agreed to initiate negotiations on the service trade negative list. During the visit, they signed bilateral cooperation documents in areas such as service trade, business environment, agriculture, food products, technology, and wildlife protection, addressing sensitive issues like foreign interference, South China Sea situation, and human rights concerns, emphasizing that differences shouldn't hinder cooperation. Li Keqiang will also visit Australia after New Zealand, marking the first visit by a Chinese Premier in seven years.
Source: YAHOO
Reported 7 months ago
The G7 summit held in Italy from June 13 to 15 reached a consensus on utilizing $500 billion from the interest accumulated on frozen Russian assets to aid Ukraine amidst the Russia-Ukraine conflict. In addition to addressing the Russia-Ukraine war, G7 leaders also tackled issues like deteriorating relations with China, including China's overcapacity production and support to the Russian economy, as well as handling domestic challenges faced by leaders like Germany, France, the US, the UK, Canada, and Japan. Discussions during the summit focused on sanctions against Russia and economic security aspects in the Indo-Pacific region. The summit highlighted the provision of financial aid to Ukraine and expanded sanctions against Russia, impacting Moscow's stock exchange operations with the US and the EU.
Source: YAHOO
Reported 7 months ago
Taiwan Stock Exchange (TWSE) Chairman Lin Hsiu-Ming attended the 10th Corporate Governance Assessment Awards Ceremony for listed companies on June 13, 2024. Lin stated that good corporate governance is crucial for a healthy capital market and the assessment, held since 2014, has driven listed companies to continuously enhance their governance. Among the participating companies, 48 stood out in the 10th assessment, with some showing a strong commitment to governance and sustainability. Lin emphasized the importance of governance for market integrity, recognizing companies' efforts and achievements over the past decade.
Source: YAHOO