Reported 4 months ago
South African assets are rebounding as investors anticipate a market-friendly government emerging from upcoming coalition talks, causing the rand to surge by 1.6% after the ruling African National Congress failed to secure a majority for the first time in 30 years. Speculations include potential alliances with various parties, with the Democratic Alliance seen as a favorable scenario for financial markets. Despite uncertainties, the ANC aims to maintain investor confidence and economic policy continuity in selecting a coalition partner.
Source: YAHOO
Reported 4 months ago
T.J. Simers, a former columnist for the Los Angeles Times, known for his provocative and controversial writing style, passed away at the age of 73 due to a brain tumor. Over his 23-year career at the newspaper, Simers developed a reputation for polarizing opinions, engaging in confrontations with sports figures, and stirring up controversy in his columns. Despite his abrasive approach, his work attracted a dedicated readership, but in 2013, a dispute with the newspaper's editors led to his resignation and subsequent legal battles. Simers eventually shifted his focus to his family and supporting children's healthcare initiatives.
Source: YAHOO
Reported 4 months ago
Advocacy group NOYB files complaints with Austrian privacy watchdog against Microsoft, alleging that the company is shifting responsibilities for children's personal data onto schools through its 365 Education software programs. The complaints, focusing on data protection regulation violations and tracking practices, highlight concerns about the impact on pupils and students in the EU and EEA. Microsoft defends its compliance with GDPR and privacy laws while NOYB urges the Austrian Data Protection Authority to investigate and potentially fine the tech giant.
Source: YAHOO
Reported 4 months ago
Jonathan Majors and Meagan Good made their first public appearance on the red carpet together since his April sentencing for misdemeanor assault and harassment. The couple attended the 2024 NAACP Theatre Awards in Los Angeles on June 3, after being romantically linked in May 2023. Majors was found guilty in December 2023, sentenced to a batterers' intervention program, and faced consequences in his career, including losing deals with the U.S. Army and Marvel Studios.
Source: YAHOO
Reported 4 months ago
澳洲發行首批主權綠色債券時命令了一份溢價，投資者受到該國可信的框架和發行更多債務計劃的吸引。澳洲國庫金融管理局週二表示，該國吸引三倍於截至2034年6月到期的70億澳元（47億美元）的債券，最終清算價為4.295％，較該國基準2034年5月債券低1.5個基點，表明投資者願意支付溢價來持有綠色債券。
Source: YAHOO
Reported 4 months ago
Throughout the month of June 2024, near the Changhua Tanzi High-Speed Rail Station in Taiwan, a 500-meter double flower sea stretch can be found featuring lush Allamanda flowers and charming Yellow Bell flowers, providing a delightful summer atmosphere. Perfect for capturing beautiful photos, visitors can use various angles to photograph the blooming flowers, ensuring stunning shots with the golden Allamanda flower sea against the backdrop of a blue sky. Additionally, caution is advised for oncoming vehicles during photo sessions, and nearby attractions like the Tanzi Town Wanggaoliao, Tanzi Kiln Creative Park, and Liuli Wonderland Farm offer additional sights to explore as part of a trip to Changhua.
Source: YAHOO
Reported 4 months ago
UBS raised its year-end 2024 forecast for the MSCI All Country (AC) World index to 830 from 800, citing factors like improving equity risk appetite, optimism around artificial intelligence, and a potential slowing of U.S. wage growth. The brokerage's forecast indicates a 6% 'upside' potential for the benchmark index, driven by expectations of monetary policy easing, weaker global economic data, and positive sentiment towards AI. UBS also highlights the impact of factors like earnings revisions and a pause in U.S. interest rates on the global equity market.
Source: YAHOO
Reported 4 months ago
A plunge in China's new housing construction is raising hopes that the property sector is addressing oversupply issues, with analysts suggesting that construction may stabilize soon. Despite this positive outlook, concerns about a Japan-like stagnation persist due to the lack of a comprehensive bad assets cleanup policy. While new home construction in China has decreased significantly, there are still challenges ahead, such as the need to absorb existing inventory and the potential for a protracted adjustment period resembling Japan's experience.
Source: YAHOO
Reported 4 months ago
Chinese policymakers introduced measures to support the property sector, including converting unsold apartments into affordable housing. The policy includes public rental housing, government-subsidized rental housing, and shared ownership homes targeting low-income families, new urban residents, and people unable to afford a home. Guidelines vary by city, with funding coming from local governments and central authorities. The goal is to provide 8.7 million units of government-subsidized rental housing by 2025, with affordable housing expected to play a larger role in the future.
Source: YAHOO
Reported 4 months ago
Taiwan Semiconductor Manufacturing Co.’s new Chairman, C.C. Wei, has reaffirmed expectations for a 2024 industry recovery driven by AI development. Wei, who now holds the dual roles of chairman and CEO, emphasized projections for 10% chip market growth, excluding the memory sector, but noted a scaled-back outlook due to weak smartphone and personal-computing markets. This move signifies a shift in leadership at TSMC, a key player in the global AI industry, with plans for overseas expansion and a commitment to adopting advanced technology in Taiwan first.
Source: YAHOO
Reported 4 months ago
自Ndamukong Suh在2015年與邁阿密海豚簽署合同時，NFL薪資陸地就一直瀰漫著改變的預感。Kirk Cousins在2018年重新定義了四分衛薪資，每年獲得2800萬美元。2022年，Dolphins讓Tyreek Hill成為NFL歷史上首位每年獲得3000萬美元的側翼，洛杉磯公羊隊向防守型前鋒Aaron Donald頒發了每年3160萬美元的經紀延長合同，將精英防守型前鋒重新提升到最高水平，Aaron Rodgers與綠灣包裝者隊的每季度薪資也達到了每年5000萬美元。所有這些交易都在震驚或突破天花板。星期一，明尼蘇達維京人隊的側翼賈斯汀·傑斐遜做到了這兩者，簽署了一份為期四年、總值1.4億美元的續約，使他成為NFL中最高薪的非四分衛達到每季度3500萬美元。這筆交易毫無疑問是一項假以時日的側翼收購交易。這筆交易與目前的四分衛合同重疊，將傑斐遜放在其中: 恰好不及紐約傑茲隊的亞倫·羅杰斯每年3750萬美元，也早於坦帕灣海盜隊新簽約的布雷克·梅菲爾德的3300萬美元的平均薪資。這與2023年維京人隊支付給柯克·庫辛斯的3500萬美元相匹配。因此，雖然明尼蘇達之前的首席四分衛可能已經轉移到亞特蘭大獵鷹隊，但他的薪資沒有。現在維京人隊將進入2024年，擁有一份隊裡的四分衛薪資...但支付給球隊的第一接球手。
Source: YAHOO
Reported 4 months ago
由於簽署一份每年3500萬美元的超級合約，Justin Jefferson成為NFL中薪資最高的非四分衛球員，預計對廣收主力定位球員簽訂合同的NFL聯盟產生深遠影響。此舉將大幅提升未來頂級位置球員的薪資，並可能影響老將2025年自由球員市場的走勢，並讓球隊更難平衡高端球員薪資與薪資帽之間的關係。
Source: YAHOO
Reported 4 months ago
The New York Stock Exchange announced it would cancel trades after a glitch caused trading halts for 40 stocks, including Berkshire Hathaway, which appeared to trade at a 99% discount. The technical issue, traced to the Consolidated Tape Association's software, lasted for two hours before being resolved. NYSE stated that all trades for Berkshire Hathaway below $603,718.30 would be canceled, with the stock eventually reopening at a corrected price and closing above $631,000. Traders can flag erroneous trades for compensation, and the CTA mentioned the glitch might be linked to price band limits from a software update. Similar cancellation notices were issued for other firms affected by the glitch.
Source: YAHOO
Reported 4 months ago
Michael Bommer, a terminally ill man with colon cancer, has created an AI version of himself using the Eternos platform to allow relatives to engage with his life experiences after his passing. This AI technology, along with other companies like StoryFile and HereAfter AI, offers interactions with deceased loved ones, raising concerns about the impact on the grieving process. While some find comfort in these AI companions, others question the ethical implications and potential consequences of using digital simulations for the dead. The technology remains a new and evolving area for coping with loss.
Source: YAHOO
Reported 4 months ago
South Korean President Yoon Suk Yeol announced plans to increase development aid to Africa and enhance cooperation with the region on minerals and technology during the Korea-Africa Summit in Seoul. Yoon also called for African countries to support international pressure against North Korea amid escalating tensions, with discussions at the summit focusing on trade and investment. South Korea aims to boost its aid contributions to Africa to $10 billion by 2030 and provide $14 billion in export financing to promote Korean investment in the region, particularly in critical minerals and digital transformation.
Source: YAHOO
Reported 4 months ago
The Justice Department is concerned that releasing audio of President Joe Biden's interview with a special counsel could lead to deepfakes and disinformation that may deceive Americans, admitting the government's inability to prevent AI misuse. The Biden administration is seeking to keep the recording under wraps, citing concerns about potential manipulation and its impact on voting. Critics argue that the government is trying to shield Biden and hinder transparency, while experts highlight the broader implications of limiting content release due to AI concerns.
Source: YAHOO
Reported 4 months ago
Taiwanese chipmaker TSMC has considered relocating its fabrication plants due to tensions with China, but Chairman C.C. Wei stated that with 80-90% of production capacity in Taiwan, such a move is infeasible. This comes amid increased military activity near Taiwan and discussions at the Computex technology trade show about the importance of Taiwan in the global chip supply chain. Industry leaders like Frank Huang and Lisa Su emphasized the significance of Taiwan's role in the semiconductor industry despite geopolitical risks.
Source: YAHOO
Reported 4 months ago
The Giants faced a fifth consecutive loss as the Arizona Diamondbacks secured a walk-off win with a late homer in the bottom of the ninth inning. Despite a strong performance from rookie pitcher Randy Rodriguez, who gave up the game-winning home run, the Giants struggled offensively and had a potential go-ahead run overturned in the ninth. The article also discusses the Giants' bullpen strategy, lineup changes, and the impressive performance of pitcher Tyler Rogers.
Source: YAHOO
Reported 4 months ago
Intel CEO Pat Gelsinger presented new products at Computex to compete with Nvidia, emphasizing Intel's role in AI and challenging Nvidia's claims on processor advancements. Intel showcased Xeon 6 data center processors with more efficient cores, aiming to regain market share. Gelsinger also introduced Intel's Gaudi systems for AI training, highlighting their performance advantages over Nvidia. Despite Intel's efforts to revitalize its offerings, analysts predict a challenging road ahead against competitors like Nvidia and AMD who are capitalizing on the AI computing hardware market.
Source: YAHOO
Reported 4 months ago
Gizelle Bryant and her ex-husband Jamal Bryant reunited to celebrate the high school graduation of their twin daughters, Angel and Adore. Both parents shared photos on social media of the girls in their graduation gowns, with Jamal expressing pride in their achievements. The former couple, who also share an older daughter, Grace, briefly rekindled their romance in 2019 but have since remained friends. Gizelle confirmed she is back on the dating scene while her daughters jokingly described her dating type as Black, tall, and bald.
Source: YAHOO
Reported 4 months ago
Far-right Flemish Interest party organizes a demonstration in Beersel, Belgium, ahead of European Union elections to protest changes in farming policy that they see as threatening their traditional way of life. The farming issue has been seized upon by populist and hard-right groups across the EU, leading to a division between right and left. Agricultural groups from various nations converge on EU headquarters to oppose the Green Deal climate pact and demand more control over farming practices. The debate centers on balancing farmers' autonomy with environmental regulations to combat climate change.
Source: YAHOO
Reported 4 months ago
Brazil has an extraordinary cow named Viatina-19 FIV Mara Movéis, valued at $4 million and the most expensive cow ever sold at auction. She is twice as heavy as an average adult of her breed and is part of Brazil's efforts to breed meatier cows for the beef industry. Despite concerns about beef consumption's environmental impact, Brazil aims to conquer new export markets with its cattle industry. Viatina-19's genetics are highly valued, with her offspring expected to continue the legacy of elite cattle breeding to feed the world's beef demand.
Source: YAHOO
Reported 4 months ago
New Mexico voters are participating in the primary to reshape the Democratic-led Legislature with all 112 seats up for election in November. The elections could have implications for Native American communities, the state's oil industry, and the #MeToo movement. Notable races include district attorney positions in Albuquerque and Santa Fe, where Alec Baldwin is set to stand trial in July. The closed primary system may lead to small margins determining candidates for the general election, with low overall turnout. Incumbents are being challenged, and various issues such as Native American representation, sexual harassment allegations, and support for the oil industry are central to the races.
Source: YAHOO
Reported 4 months ago
Viatina-19 FIV Mara Movéis, the world's most expensive cow from Brazil, worth $4 million, embodies the country's efforts to breed meatier cows for the beef industry. With a focus on elite genetics, Brazilian ranchers like her owner, Ney Pereira, strive to produce superior offspring to feed the world while also aiming to conquer new export markets. Despite concerns over livestock emissions, Brazil's cattle industry continues to thrive, with high-stakes auctions showcasing prized animals like Viatina-19 and aiming for global beef dominance.
Source: YAHOO
Reported 4 months ago
The United States has the highest rate of maternal deaths among high-income nations, with about 22 maternal deaths per 100,000 live births in 2022, compared to other countries like Norway which had zero maternal deaths. Racial disparities persist, with Black women in the US facing an even higher maternal death rate. Factors contributing to the high US maternal mortality rate include a shortage of maternal care providers, limited access to midwives, and lack of comprehensive postpartum support. The report emphasizes the need for enhanced maternal health care, equity, and policy changes to address the crisis.
Source: YAHOO