Reported 7 months ago
In response to President Tsai Ing-wen authorizing the Executive Yuan to veto the legislative reform passed by Parliament through democratic processes, Huang Kuo-chang, the convener of the People First Party caucus, criticized the Democratic Progressive Party (DPP) for troubling the government and being anti-democratic. Yellow pointed out the absurdity of the veto reasons given by the Executive Yuan, questioning their avoidance of public opinion and parliamentary oversight, and expressed disappointment in the DPP's resistance to reform and supervision. Yellow also raised concerns over the DPP's actions during the past eight years and questioned President Tsai's commitment to parliamentary reports and honoring the legislature's national inquiries, highlighting a shift in stance post-election. Yellow emphasized the lack of respect towards the legislature and the people, concluding with skepticism toward the government's motives and actions.
Source: YAHOO
Reported 7 months ago
Shania Twain has embraced the trend of white hair, showcasing her dazzling pure dove-white curls at the opening of her new Vegas residency. Known for her hair transformations, Shania pulls off the white hue effortlessly, challenging its aging associations. The photos posted on Instagram reveal a striking look that complements her space cowgirl aesthetic, with a clever outfit change adding a touch of versatility. Fans have no choice but to bow down to this style statement.
Source: YAHOO
Reported 7 months ago
After the announcement of the stock exchange list on May 31, the popular ETF Yuanta Taiwan Superior Selection High Dividend (00919) completed an 8-day adjustment today, with significant changes in the top ten rankings. Stocks like Realtek, previously ranked 4th with a 7.46% stake, were removed from the list, while Han Tang, originally at 9th with a 2.98% stake, dropped to 12th. Two new stocks, China Airlines and World, entered the top ten rankings with 6.6% and 6.3% weights respectively. This reshuffling has led to notable changes in the ETF's top stock holdings.
Source: YAHOO
Reported 7 months ago
FTNN News Network reported on June 12, 2024, that the chairman of the Kuomintang, Eric Chu, expressed disappointment in the current administration's resistance to parliamentary reform during a committee meeting. The party aims to educate citizens on the importance of reform, along with advocating for local construction budget laws, exemption for seniors from the Barthel Index, and opposition to the death penalty. Over a hundred briefing sessions will be held across Taiwan to ensure clarity on the party's stance and policies.
Source: YAHOO
Reported 7 months ago
Former chairman of New Life Insurance, Wu Dongjin, was granted bail of 100 million by the New Taipei District Prosecutors' Office after being accused of misusing company funds to benefit a personal investment and causing over 1.5 billion in losses. Wu, who appeared tired, is facing charges of violating the Insurance Act. Other suspects were also granted bail, and investigations revealed financial irregularities involving the 'New Banqiao Chateau' development project. Investigations are ongoing.
Source: YAHOO
Reported 7 months ago
Lin Daihua suggests the National Development Council coordinate the needs of various industries and establish expert pools in different sectors to cover talents from different industries, emphasizing that the success of Taiwan's AI industry lies in the expertise in vertical applications. She calls for greater support for small and medium-sized enterprises in AI development, suggesting the NDC focus on the needs of various industries to create a pool of industry experts and push for the widespread adoption of AI technologies to drive digital transformation and upgrading of Taiwan's industries.
Source: YAHOO
Reported 7 months ago
The Wanhua Police Station in Taipei received a report last September about vandalism at a shop in the Ximending area. After investigating surveillance footage, they identified a suspect, surnamed Xiao, who was seen damaging property with a chair and tiles. Xiao was sentenced to 30 days in jail for property damage according to the Criminal Code. The police emphasized the seriousness of such crimes and warned the public against taking matters into their own hands, urging them to report incidents instead.
Source: YAHOO
Reported 7 months ago
President Biden's son Hunter Biden was convicted of three felonies for lying about his drug addiction to purchase a firearm illegally. Meanwhile, U.S. authorities arrested eight individuals with alleged ties to ISIS, severe weather battered the Southern U.S., and a proposed rule by the Biden administration may erase medical debt from credit reports for 100 million Americans. In entertainment news, 'The Boys' showrunner confirmed the upcoming fifth season will be the series finale, and Joey Chestnut was banned from a hot dog eating contest due to his affiliation with a rival brand. Today also marks the premiere of 'Presumed Innocent' on Apple TV+ and Game 3 of the NBA Finals between the Celtics and the Mavericks. Additionally, the historical significance of Loving v. Virginia and last-minute Father's Day gift ideas were discussed.
Source: YAHOO
Reported 7 months ago
In December 2022, 'Guan Zhang' Chen Zhihan joined forces with former legislator Huang Guochang to livestream and criticized the DPP's black governance, prompting candidate for legislator from the Taiwan Statebuilding Party, Dr. Wu Xindai, to sass Guan Zhang with a comment about Genghis Khan and the mafia. Guan Zhang sued Wu Xindai for defamation and requested 100,000 NT dollars compensation, but the High Court upheld the lower court's decision, ruling against Guan Zhang. The court held that although Wu Xindai could not prove her statement true, Guan Zhang's own statements in interviews suggested affiliations with criminal organizations, including admitting to a '10-year history in the dark underworld' and stating that Genghis Khan's director was formerly in the underworld. Wu Xindai's remarks were deemed proper opinions and did not infringe on Guan Zhang's reputation, leading to his defeat in court once again, with potential for appeal.
Source: YAHOO
Reported 7 months ago
A scandal has emerged at an ear-nose-throat clinic in Chiayi where a doctor, accused of molesting female patients, was identified as a repeat offender. The clinic director has issued a response, apologizing on behalf of the doctor and promising that if the offense is repeated, the doctor will be required to resign. Social media posts, shared experiences of misconduct from other patients, and the clinic's belated apology have sparked outrage among netizens, leading to negative online reviews and demanding more severe actions to be taken against the offender.
Source: YAHOO
Reported 7 months ago
Wu Shenmei, aged 41, revealed at a recent press event that during a fortune telling session, she drew a poem that read 'old clam giving birth to pearls,' leaving her in a mix of laughter and tears. Since marrying Eric, the CEO of a Hong Kong travel technology company who is 3 years her senior in November 2022, Wu has been eager to have a child. Despite her desire to have a baby, Wu's husband suggests focusing on their careers before considering parenthood. The couple received advice on conception from Wu's brother, who shared tips based on his own experience of having children later in life. Wu remains hopeful of welcoming a new baby by the year-end.
Source: YAHOO
Reported 7 months ago
China's central bank is pushing for financial support for affordable housing to expedite the sale of unsold housing stock, aiming to address a property crisis affecting the country's economy. The central bank initiated a 300 billion yuan relending loan facility last month, targeting the purchase of unsold completed homes by local state-owned enterprises at reasonable prices. Efforts include promoting the facility among local governments and banks through a virtual meeting and encouraging a market-oriented approach to hasten the sales of existing commercial housing stock.
Source: YAHOO
Reported 7 months ago
SoFi Technologies (NASDAQ: SOFI) stock has been volatile, doubling in 2023 but down 30% in 2024. Despite strong financial performance and expansion into new services, such as banking and technology platforms, Wall Street is bearish due to concerns about its lending business under pressure in a high-interest-rate environment. However, SoFi's profitability and growth potential make it an attractive investment opportunity for forward-thinking investors as it establishes itself as a financial industry powerhouse.
Source: YAHOO
Reported 7 months ago
South Korea experienced a rare 4.8 magnitude earthquake this morning, resulting in a seismic intensity of level five. Videos show the intense shaking captured by roadside surveillance cameras and items on supermarket shelves continuously trembling. Concerned about potential aftershocks, South Korea issued an earthquake warning at level two. The quake, the largest since 2016, caused walls to collapse, houses to crack, and dishes to fall, prompting emergency evacuations in some schools in the affected area. Experts warn of possible aftershocks in the coming days, leading the South Korean government to raise its alert level to three and implement emergency response measures.
Source: YAHOO
Reported 7 months ago
In the PLG championship series second game on June 12, 2024, the New Taipei Kings continued to struggle with scoring, managing to only score 23 points in the first half. After a dismal performance in the previous game where they only scored 5 points in the fourth quarter, the Kings faced another low point in this game, shooting 2 out of 19 attempts in the second quarter and scoring just 7 points, trailing significantly at halftime with a score of 23-41 against the Taoyuan Luxgen Yulon Leading Monkeys. This halftime score set a new record for the lowest score in the league's postseason and championship series, breaking the previous record of 24 points.
Source: YAHOO
Reported 7 months ago
The European Commission's decision to impose up to 25% provisional duties on Chinese electric vehicles next month will affect companies like BYD Co, SAIC, and Tesla, which manufactures in China. France and Spain are championing these tariffs, aiming to counteract Chinese government subsidies. Chinese EV companies NIO, Li Auto traded lower on Wednesday following the report, while XPeng stock remained unaffected. The tariffs are projected to generate over $2.15 billion annually for the EU budget as Chinese EV sales in Europe rise, with potential impacts on reducing Chinese electric car imports and affecting companies like Volvo Car AB who have shifted production to avoid the tariffs.
Source: YAHOO
Reported 7 months ago
Yahoo News reports that the renowned dining establishment Din Tai Fung, a must-visit for foreign visitors to Taiwan, announced on its official website today, June 12, 2024, an adjustment in prices due to operational costs. The average price increase is around 6%, with items like the famous Xiao Long Bao rising from NT$250 to NT$280 per basket and Shrimp Fried Rice increasing from NT$270 to NT$300. Din Tai Fung cited the need to maintain quality service and food amid manpower shortages in the service industry as the main reason behind the 6% price adjustment.
Source: YAHOO
Reported 7 months ago
With the economic and technological development in India, there is a growing trend of young people entering the IT industry due to its promising prospects. The influence of iconic figures in the industry such as Indian-American CEOs of tech giants like Microsoft, Google, and IBM is also inspiring more students to pursue IT-related fields. Despite having 8.57 million STEM students in Indian universities, which is 16 times more than Japan, intense competition and limited job opportunities in the Indian IT market are leading to a high unemployment rate of 29% among university graduates. To address the shortage of IT talent, Japanese companies are setting up offices in India, partnering with universities to recruit engineering graduates for opportunities in Japan, where even fresh Indian graduates can earn high annual salaries in millions of Japanese yen. The efforts aim to create a win-win situation by supporting Japanese companies' talent needs and providing Indian students with desired job opportunities.
Source: YAHOO
Reported 7 months ago
Source: INVESTORS
Reported 7 months ago
Din Tai Fung has announced price increases for all 150 items on its menu, including signature dishes like Xiao Long Bao, shrimp and egg fried rice, side dishes, pork and vegetable wontons with chili sauce, and chicken soup, with an average increase of 6%. The adjustment comes in response to rising operating costs, particularly in terms of labor, with the service industry facing significant labor shortages. Following recent salary adjustments for employees, Din Tai Fung offers competitive entry-level salaries for both front-of-house service staff and kitchen chefs in the restaurant industry.
Source: YAHOO
Reported 7 months ago
Fisker, the electric vehicle startup, announces a voluntary recall of over 18,000 Fisker Oceans in North America and Europe due to faulty software and safety non-compliance. The recall involves fixing software issues that could cause the vehicle to enter a safe state protection mode and address Federal Motor Vehicle Safety Standards violations. The company plans to resolve the issues through an over-the-air software update by June 30, with vehicles already updated being unaffected. Fisker's only model in production, the Ocean SUV, is under investigation by the U.S. National Highway Traffic Safety Administration for safety-related incidents.
Source: YAHOO
Reported 7 months ago
According to a report on June 12, 2024 by SET News, Chinese netizens recently accused a female celebrity of acting arrogantly at an airport, with some referencing actress Cheng Xiao. Allegedly, the actress requested an elevator to be cleared for her to use first, which sparked discontent among bystanders. However, after the incident stirred discussions online, Cheng Xiao's agency issued a statement clarifying that the actress involved was not Cheng Xiao. The agency urged people to face online information sensibly and not spread false rumors.
Source: YAHOO
Reported 7 months ago
TVBS news site reported on June 12, 2024 at 8:19 am that they also exclusively interviewed the Feng Chia University female student who recalled how other passengers, including aunties and students, helped her during the incident, preventing her from further assault. The student even provided a video of the incident as evidence for filing a case.
Source: YAHOO
Reported 7 months ago
Two upscale beef restaurants in Taichung, '和牛EMPEROR' and '御帝和牛,' were found storing expired meat and altering expiration dates, leading to closures and fines of 1.44 million and 1.92 million NTD respectively by the health department. Both cases were reported by whistleblowers who are entitled to a 50% reward, but delays in payment are expected as one of the establishments is contesting the penalty and both are paying fines in installments.
Source: YAHOO
Reported 7 months ago
根据彭博社报道，Permira任命两位新的联合总经理，为管理约800亿欧元（860亿美元）的私募股权和信贷基金的投资公司重新安排了高层领导。这标志着Permira在过去16年中的首次重大领导变革，Björklund将成为执行主席。新任命将于9月1日生效，其中Brian Ruder和Dipan Patel将担任联合总经理和联合首席执行官。
Source: YAHOO