Reported over 1 year ago
The PCE index rose 0.1% in May, aligning with expectations and slower than April's increase, potentially hinting at cooler inflation. With this data, the likelihood of a rate cut by the Federal Reserve before the year ends may increase. State Street managing director Marvin Loh suggests that rate cuts could continue to support the stock market's all-time highs, especially with solid corporate earnings and growth expectations for 2024 and 2025.
Source: YAHOO
Reported over 1 year ago
On June 28, 2024, the Taiwan stock market closed with an index of 23,032.25 points, a 126.27 point increase. Despite the market optimism due to Samsung Electronics planning to raise memory prices by 15% to 20% in the third quarter, memory module factory in Taiwan, Nanya Technology (2408) and Transcend Information (2451), faced a downturn with Transcend falling sharply by 5.74%, marking its fifth consecutive decline and ranking as the weakest stock. This trend was observed in other stocks as well, with some experiencing consecutive declines for five or more days.
Source: YAHOO
Reported over 1 year ago
Taiwan's excess savings rate is currently the highest in the world, with many individuals choosing to save money in banks rather than spend, especially during times of high inflation. According to the latest forecast by the Directorate-General of Budget, Accounting and Statistics, this year's excess savings rate is expected to reach 16.7%, with excess savings projected to exceed 4.21 trillion yuan, breaking the 4 trillion yuan mark for the first time. While high savings rates indicate excess funds, it may lead to issues like skyrocketing real estate prices and stock market bubbles, potentially negatively impacting the overall economy.
Source: YAHOO
Reported over 1 year ago
The Han Kuang 40 live-fire drill will be fully launched in the fourth week of July, with notable changes including the absence of 'attacking forces' marked in red and instead focusing on honing combat procedures. A retired PLA captain steering a boat into the Tamsui River mouth is garnering attention as it may become a key aspect of President Lai Ching-te's first supervision. The exercise aims to evaluate troops' combat readiness and operational plans, emphasizing the training of troops in engagement processes while incorporating realistic threat scenarios such as infiltrations. The ROE rules have been magnified to enhance defense capabilities and prevent inadvertent escalation, reflecting the broader implications of Taiwan's defense in relation to political decisions regarding Taiwan Strait security.
Source: YAHOO
Reported over 1 year ago
According to a Sohu article referenced by CTi News on June 28, 2024, individuals born under the Chinese zodiac signs of Rabbit, Monkey, and Snake often face challenges in their love lives, accumulating 'emotional debts' before finding the right partner. People born under these signs tend to struggle with romance due to various traits like overly romantic ideals (Rabbits), curiosity and flirtatiousness (Monkeys), and a mysterious and unpredictable nature (Snakes), resulting in complex relationships and emotional debts that need to be resolved for true love to flourish.
Source: YAHOO
Reported over 1 year ago
A mayor in Bamban, Philippines, Alice Guo, was accused of being a Chinese spy as her fingerprints matched with those of a Chinese citizen. The investigation revealed her true identity, leading to suspicions of her involvement with a Chinese crime syndicate. The fraudulent operation was discovered behind her office, raising questions about her credibility since she claimed to have sold the land housing the illegal activities two years prior. Guo may face severe criminal penalties following these revelations.
Source: YAHOO
Reported over 1 year ago
JetAir, a regional airline serving Curaçao, declared bankruptcy, leading to the cancellation of all scheduled flights to destinations like Aruba, Bonaire, Colombia, and Sint Maarten. The airline cited poor management and the inability to attract enough customers as reasons for its downfall, leaving both locals and tourists stranded as its aircraft remain grounded since June 18th. The trustees appointed for the bankruptcy are now tasked with investigating the company's assets and exploring potential restart possibilities with the support of the Curaçao government and local authorities.
Source: YAHOO
Reported over 1 year ago
A woman on Dcard expressed frustration over being ghosted by food delivery riders despite writing notes to go downstairs or making other considerations that would help them. She mentioned ordering delivery 10 times and being ghosted 3 to 4 times, living in a location where the riders have to climb five floors, and even when living in a building with an elevator, she would go down to the first floor. Experts pointed out factors such as the remote location, platform mechanisms, and the possibility of routes being too long due to the platform sending her order last. They concluded that her location being remote and the platform squeezing delivery riders financially could be possible reasons for being ghosted.
Source: YAHOO
Reported over 1 year ago
台北市內湖區寵物店老闆因2樓住戶不簽同意書而無法開店，最終輕生身亡。網友揭露2樓住戶自相矛盾，稱他們去年已表示不會簽，但同時在群組中表明只要有一戶不同意就不會簽署同意書，引發網友熱議。文章呼籲不要模仿不當行為，並提供防止自殺的專線。
Source: YAHOO
Reported over 1 year ago
Citigroup is urging for the dismissal of a lawsuit filed by a former managing director who claimed she was fired in retaliation for refusing to lie to regulators about the bank's risk management practices. The third-largest U.S. bank, Citigroup, stated that they terminated Kathleen Martin due to her lack of leadership and engagement skills for her role as interim data transformation chair. Martin alleges that Citigroup wanted her to falsify information from regulators, but Citigroup argues that her whistleblowing was not protected under Sarbanes-Oxley law. The case is ongoing in Manhattan federal court.
Source: YAHOO
Reported over 1 year ago
Swimsuit season can be daunting, but fear not! This article curated five swimsuit styles that look fabulous on any body type. From classic one-pieces to high-waisted bikinis, plunge neckline swimsuits, wrap swimsuits, and sporty swimsuits, there's something for everyone to feel confident and amazing. Designed to flatter every figure, these swimsuit styles ensure you look and feel your best at the beach or pool. Happy swimming!
Source: YAHOO
Reported over 1 year ago
Nike (NYSE: NKE) reported better-than-expected earnings for the quarter, but disappointed investors with a decline in revenue, leading to an 18% drop in Nike shares. The company's forecast of revenue decreasing in the new fiscal year has caused several Wall Street analysts to downgrade Nike's rating and lower their price targets. Despite promising signs of efficiency and expected rebound in demand, analysts and investors are now looking towards a longer timetable for a turnaround, making the stock attractive for patient investors who believe in Nike's growth potential.
Source: YAHOO
Reported over 1 year ago
On June 28, 2024, in Russia, a 37-year-old man named Rafael Arakelyan lost control of his newly purchased BMW M4 sports car for unknown reasons in a parking tower, crashing through a barrier on the third floor and plummeting to the ground with his 4-month pregnant mistress and 12-year-old son on board. The vehicle landed upside down on the road, instantly killing all three occupants. The incident was captured on CCTV, showing the car speeding into a wall without slowing down, flying out of the building, and terrifying passersby.
Source: YAHOO
Reported over 1 year ago
During a debate in the 2024 United States presidential election, the war between Ukraine and Russia was a major focus. Trump stated that Putin attacked Ukraine because he believed Biden was incompetent, and if he were to be re-elected, he would immediately end the war. Biden countered by accusing Putin of wanting to build a new Soviet empire, starting with Ukraine; he questioned Trump, 'Do you think he will stop?' The debate lasted 90 minutes and touched on various domestic and foreign issues, including the Ukraine crisis. While Biden reaffirmed strong support for Ukraine, Trump insisted he would resolve the conflict between Putin and Zelensky if he were elected.
Source: YAHOO
Reported over 1 year ago
As the US is in an election year, financial markets are preparing for potential volatility as the recent presidential debate between Biden and Trump has raised concerns about the political landscape's impact on economic conditions. Historical market trends during election years are discussed in Yahoo Finance's article, providing insights into possible market movements. The article emphasizes that although the election may lead to increased news coverage and speculation, investors are advised not to panic as the impact on the market may not be felt until closer to the election. Volatility typically spikes in October near the election and stabilizes once a new president is elected in early November, as highlighted by a chart from Truist.
Source: YAHOO
Reported over 1 year ago
Chang Yu-Cheng was selected as the first pick in this year's draft and will join the Fubon Guardians in the Chinese Professional Baseball League (CPBL). The Guardians' manager Lin Hua-Wei revealed that Chang is expected to return to Taiwan in early July, with a chance to make his debut on July 12 in the home opener at the New Taipei City Stadium. Despite not attending the draft in person, Chang expressed his gratitude through a video message, looking forward to contributing to the team and connecting with fans in Taiwan. Apart from Chang, this year's draft also saw Wu Nien-Ting and Hsu Ting-Lun selected as the second and third picks, respectively.
Source: YAHOO
Reported over 1 year ago
During a fierce battle on the northern front line in Bahmut, Ukraine, the 54th Mechanized Brigade successfully defended against Russian forces using BMP tanks and T-72 main battle tanks. Ukrainian forces are anticipating the arrival of F-16 jets next month, but experts warn of potential increased attacks on Ukrainian airfields by the Russians. Despite continuous engagements, the Ukrainian military is employing various tactics to resist Russian troops, while international pressure on Russia continues to escalate amid ongoing conflicts.
Source: YAHOO
Reported over 1 year ago
In the CPBL mid-season draft held on June 28, 2024, the Uni-Lions selected Japanese pitcher Takayama in the sixth round, making him the first player to be chosen under the new foreign player eligibility rules. Takayama, who has been in Taiwan for several years, finally achieved his dream of playing in the professional league after being ineligible for previous drafts. The draft marks a milestone under the new regulations that allow foreign players meeting certain residency and amateur baseball experience criteria to participate in the draft as local players.
Source: YAHOO
Reported over 1 year ago
2024年TSR全國機車錦標賽第三站將在30日重返台南安定賽車場，A組125CC賽事中將見到歐吉桑藤永優、黃晧等選手強強對決。此外，小選手陳子龍表現出色，125B、125C、及D組賽事也有眾多選手在各自組別展現實力，競爭將十分激烈。
Source: YAHOO
Reported over 1 year ago
Boeing has faced another setback as the US National Transportation Safety Board accused the company of prematurely leaking investigation progress to the media while examining the 'Alaska Airlines' incident of a loose door. A new whistleblower has also disclosed that Boeing randomly drilled holes during the assembly of the 787 jets. These revelations have resulted in Boeing facing sanctions from the US NTSB. Additionally, recent incidents involving Southwest Airlines and Boeing jets further highlight safety concerns in the aviation industry.
Source: YAHOO
Reported over 1 year ago
A recent inflation report shows a slower pace of price increases in May, supporting the possibility of interest rate cuts by the Federal Reserve later in the year. Despite positive indicators of easing inflation, the Fed is unlikely to cut rates at its upcoming meeting in July and may wait until more evidence suggests inflation is sustainably declining towards its 2% target. The Personal Consumption Expenditures (PCE) index, excluding food and energy prices, rose 2.6% in May, signaling the slowest annual gain in over three years. Economists predict the Fed may consider a rate cut as early as September, following a potential decline in core PCE inflation and consumer spending amidst higher rates. Fed officials like Atlanta Fed president Raphael Bostic and Fed Governor Michelle Bowman have varying views on the timing and necessity of rate cuts, with Bostic leaning towards a rate cut in the fourth quarter and Bowman expressing concerns about elevated inflation levels and potential risks to inflation.
Source: YAHOO
Reported over 1 year ago
Australian model Grace, who is also an OnlyFans creator, at 26 years old owns 3 houses and carries a heavy mortgage, understanding the rising rent situation due to inflation and high property prices. She plans to rent out one of her apartments and acknowledges the need for higher rent to cover costs. Grace emphasizes the importance of fair and honest landlord-tenant relationships, hoping tenants will take care of her properties as she plans to be a considerate landlord in return.
Source: YAHOO
Reported over 1 year ago
On June 28, 2024, Mayor Lu Hsiu-yan of Taichung and Mayor Hou Youyi of New Taipei engaged in a city exchange to discuss the construction concepts of Taichung Shopping Festival and New Taipei Christmas City. Both mayors praised each other's city projects and emphasized learning and mutual exchange. The exchange included discussions on economic development, infrastructure, and sustainable environment. The visit aimed at fostering collaboration and creating more opportunities for cooperation between the two cities.
Source: YAHOO
Reported over 1 year ago
根據報告，在中國，蘋果（AAPL）iPhone的出貨量在五月份按年增40%，這是該科技巨頭加大折扣力度以擴大中國市場份額的努力所帶來的成長。雅虎財經的Seana Smith和Brad Smith對詳情進行了分析，並提供了蘋果正在尋求增長的其他國際市場的見解。
Source: YAHOO
Reported over 1 year ago
Taiwan's Mainland Affairs Council has raised the travel alert for Mainland China, Hong Kong, and Macau to the 'orange' level. In response, China's Taiwan Affairs Office criticized this action as political maneuvering that tarnishes China and intimidates Taiwanese people. The move was condemned by China as damaging to cross-strait relations. The alert was raised due to concerns about national security laws and the recent enforcement against pro-independence activities. This has led to tensions between the two sides over travel warnings and restrictions.
Source: YAHOO