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Treasury Secretary Yellen: No 'silver bullet' for housing

Reported about 1 year ago

US Treasury Secretary Janet Yellen announced the Biden Administration's commitment to new funding to enhance housing supply and reduce housing costs, including $100 million earmarked to support affordable housing through the Community Development Financial Institutions Fund and encouraging Federal Home Loan Banks to increase their housing program support. In an exclusive interview, Yellen discussed the implications of this announcement for the housing market.

Source: YAHOO

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Fire Breaks Out in Construction Site of Luxurious Residential Building in Taichung, Pipes Burnt Black

Reported about 1 year ago

On June 24, 2024, a fire broke out at the construction site of a luxurious residential building in Phase 7 of Taichung, causing the pipes on the 11th floor to burn black. Although the fire was quickly extinguished, one female worker suffered minor injuries from smoke inhalation. The initial investigation suggests that the fire may have started from discarded materials in the pipes, burning a 3-4 square meter area. The incident did not affect the overall building structure, and the extent of property damage is still being assessed.

Source: YAHOO

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Rising COVID and Influenza Outbreaks in Taiwan, 60-Year-Old Woman in Taichung Dies of Severe Illness

Reported about 1 year ago

Following the summer solstice, with rising temperatures, there has been a significant increase in cold and fever cases, as both COVID-19 and influenza outbreaks spread from north to south in Taiwan. In a primary school in Taichung, 6 students from a third-grade class were diagnosed with A-type influenza, and there has been a surge in COVID-19 cases at grassroots clinics. Recently, a 60-year-old woman in Taichung passed away due to severe illness caused by influenza. Health authorities urge the public to take preventive measures and seek medical attention promptly if feeling unwell.

Source: YAHOO

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Exclusive: Tsai Jia-Zhen Serves as Jack-of-all-Trades for Album! From Singing Off-Key to Songstress, Positively Reflecting on Bringing Laughter to Everyone

Reported about 1 year ago

Tsai Jia-Zhen, a singer, has been nominated for the Best Taiwanese Female Singer at the 35th Golden Melody Awards for her album 'The Secret of That'. This marks her third time contending for the Songstress award. Her emotional reaction to the nomination was captured in a video, attributing it to the album's intimate content and societal themes it explores. During the process of shooting music videos for four songs, Tsai had to handle all kinds of tasks herself, making her one of the most industrious potential Songstresses. Despite facing challenges during the production process, Tsai remains determined and optimistic, aiming to touch audiences with her heartfelt sincerity.

Source: YAHOO

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Exclusive: Tzai Chia-chen competes for the Golden Melody Award for the third time! Creating lyrics and music on social issues, tears shed uncovering old scars of domestic violence

Reported about 1 year ago

Tzai Chia-chen has been nominated for the Golden Melody Award for the third time with her album 'That Secret.' She explores social issues and delves into the deep scars of domestic violence, turning all past tears and blood into lyrics and music. This album reflects a breakthrough in her creativity compared to her previous works, resonating more with listeners. Tzai Chia-chen's album covers themes like domestic violence, family education, online media discourse, and the #MeToo movement, aiming to heal her past wounds and bless others with similar experiences through her music.

Source: YAHOO

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Janet Yellen Optimistic About Economy and Inflation Targets

Reported about 1 year ago

Treasury Secretary Janet Yellen expressed confidence in the US economy, stating she sees no basis for a recession and anticipates reaching the Federal Reserve's 2% inflation target sooner than expected. Yellen attributed the expected decrease in inflation to stabilizing shelter costs, particularly in the housing market where rental prices are normalizing. She also announced measures to address high housing costs, including funding for affordable housing. Yellen criticized past tax cuts for contributing to the deficit and emphasized the importance of fiscal sustainability through deficit reduction measures.

Source: YAHOO

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Hooters closes multiple locations across the US, including in Florida

Reported about 1 year ago

Hooters has closed about 40 underperforming stores across the US, including four in Florida and six in Texas. The company cited market pressure as the reason for the closures, stating that these locations were not meeting expectations. However, some Hooters locations in Florida remain open, operated by a different franchisee and not affected by the shutdowns.

Source: YAHOO

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Traders Look for Support Amid Nvidia's 13% Stock Decline

Reported about 1 year ago

After Nvidia Corp. experienced a three-day, $430 billion selloff, traders are turning to technical analysis to identify potential support levels. The stock fell 13% following a brief period as the world's most valuable company, entering a technical correction for the first time since April. Analysts suggest short-term support around $115 with a significant level at $100, utilizing tools like Fibonacci retracement. Despite the drop, Nvidia's stock is still up 139% this year, with experts closely monitoring support levels like $100 for any shifts in the uptrend.

Source: YAHOO

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Crypto Market Trends in Market Domination

Reported about 1 year ago

Julie Hyman and Josh Lipton discuss major market trends including Nvidia's slowdown, adjustments in Apple's practices under the European Union's Digital Markets Act, and the pressure on cryptocurrencies like Bitcoin. Altimmune, Teladoc Health, and Novo Nordisk are making strides in the health industry. Market strategies are poised for a shift with companies like Hubspot and Anheuser Busch gaining investment recommendations, while Zoom Info faces challenges in a saturated market. VC firms are advising on niche tech stocks, with a focus on enterprise scalability and growth potential.

Source: YAHOO

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Injecting More Positive Energy into Life: Beware! Eight Behaviors of 'Self-Destructive Aura is Self-Destructive Good Luck'

Reported about 1 year ago

In an article by tarot card teacher Eiffel on SETN News, various habits and behaviors in life may unconsciously affect our aura, subsequently influencing our luck and quality of life. Eiffel lists eight common behaviors that harm our aura and provides corresponding solutions to help individuals avoid self-destructing good luck and embrace a more positive life. By practicing positive thinking, gratitude, facing challenges, and organizing life reasonably, one can improve their aura, enhance luck, and welcome a better future.

Source: YAHOO

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25歲性感Coser被殺分屍案逮捕嫌犯

Reported about 1 year ago

中國25歲Coser「桐島愛」被35歲男友殺害後分屍,警方逮捕了嫌犯。桐島愛常對男友使用冷暴力,部分網友猜測殺害後冒名在網上發文。受害者居住在上海,兇手非本地人並承認行兇。警方目前深入調查此案。

Source: YAHOO

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30 Years of Paralysis in Public Land Sealed - Landowners Unable to Develop Unacquired Public Reserve Land

Reported about 1 year ago

For many landowners, their land designated as public reserve land (public land) inhibits them from developing the land due to government delays in acquisition, leaving them stagnant for years. Landowners face challenges like unwilling buyers and restrictions on development, reflecting issues in various areas such as Taipei City's Beitou District and New Taipei City's Xinzhong District. The government attempts to address this through volume transfer policies with developers, although this method raises concerns about land exhaustion and impacts on public infrastructure services. Suggestions include revising competitive bidding systems to address the dilemma of self-negotiation by private landowners, emphasizing the need for fair market assessment in land acquisitions.

Source: YAHOO

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Secretly in Love 1 - Huang Hongxuan Protects Love Low-key, Teams up with Qiu Yuchen in Thailand with Ticket Prices up to 8,000

Reported about 1 year ago

Huang Hongxuan and Qiu Yuchen collaborated in a BL drama which gained a lot of CP fans, attracting a large number of mainland Chinese fans. They were invited to Bangkok for a fan meeting by a mainland Chinese organizer, with ticket prices up to 8,000 Taiwan dollars. Despite receiving backlash for their love affair being more discreet recently, rumors and sightings suggest that Huang Hongxuan and his rumored girlfriend are still together.

Source: YAHOO

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Public Reserve Land Seal 2 / Local Governments Call for Relaxation of Deposit Usage, Experts Urge Changing Humiliating Bidding Rules

Reported about 1 year ago

According to statistics from the Ministry of the Interior's Land Administration, there are still 23,000 hectares of unacquired public reserve land in Taiwan, with Taichung City having the highest at 1,539 hectares of privately-owned land yet to be acquired. To address the issue of insufficient acquisition funding, the government introduced the 'Volume Transfer Cash Deposit' system, where developers pay the government for volume and the government uses that money to purchase land from public reserve landowners. However, there are challenges in effectively utilizing these funds, with calls to amend laws to allow more flexible use of the cash deposit for various urban infrastructure projects.

Source: YAHOO

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Secretly in Love 2 / BL Male Stars with Female Partners is Life. Yang Yuteng is Exposed to Have a Girlfriend, Breaking Fans' Hearts

Reported about 1 year ago

BL actors Huang Hongxuan and Chiu Yuchen, famous for their roles in the drama 'About Us,' have sparked discussions among fans due to having girlfriends even though they act in BL dramas. Similarly, Yang Yuteng, known for 'We Best Love,' was revealed to have had a girlfriend, leaving fans disappointed. The article also touches on actor Chen Xi'an's experience in a BL drama and his revelation about having a long-distance relationship with a girlfriend. Lastly, there's a mention of Xie Chengjun and Liang Zhe, who, despite being married and a father, had no issues portraying a BL couple. Overall, the article discusses how BL actors often have heterosexual partners outside of their on-screen roles, leading to fan reactions and disappointments.

Source: YAHOO

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Sun Peng Successfully Salvages the Situation, Dropping Di Ying's Two Bags Outside May Lead to Trouble

Reported about 1 year ago

Sun Peng and Di Ying, a celebrity couple, have recently been under scrutiny due to their son's controversial actions. Despite Di Ying's initial anger towards Sun Peng, the couple quickly reconciled. However, a strange incident occurred where Di Ying tossed two bags of garbage outside shortly after the couple left home, raising concerns. This peculiar behavior was observed by media, following a series of events involving their son's controversies and police investigations.

Source: YAHOO

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Expert Wealth Management: Senior Expert Doubles Assets by 70% Last Year, Reveals Private AI Stock Portfolio

Reported about 1 year ago

Investment guru Ray Hawes, with over 20 years of experience in investing in Taiwanese stocks, saw his wealth double last year thanks to AI stocks. This year, he is prepared with two strategies to face the market. Hawes reveals his latest AI stock private portfolio and operation strategies, emphasizing the importance of balancing individual stock fundamentals and prices, participating in long-term trends, protecting assets, and timely profit-taking at high index levels. He divides his Taiwanese stock holdings into five major sectors, focusing mainly on TSMC and AI stocks, and keeping the rest as observation indicators to track market trends.

Source: YAHOO

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Earn More with Regular Investment: Long-standing Fund Doubles Profits in 5 Years amidst High-Interest ETFs Craze

Reported about 1 year ago

As Taiwan stock market fluctuates at a high level, investors are opting for regular investment in long-term AI development, ensuring stability. Amidst global market uncertainties, taking advantage of regular investment strategies could lead to greater future gains. Particularly benefiting from the AI trend, investors are turning to long-standing funds to avoid high-price traps and participate in the ongoing AI boom. Notably, the Unity Prosperity Fund, a top pick for regular investments, has shown remarkable growth and accumulated returns over the past 5, 10, and 15 years, making it a reliable choice for those seeking stable and significant long-term returns.

Source: YAHOO

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When Every Industry Talks About AI

Reported about 1 year ago

Since the stock split, NVIDIA has remained strong and even surpassed Apple to become the world's largest company by market value. The US stock market has been hitting historic highs recently under the leadership of NVIDIA, while Apple has been discussing Apple Intelligence at WWDC. The AI trend is sweeping through various industries in Taiwan's stock market, with companies like Formosa Plastics stating collaborations with NVIDIA for AI applications. AI has become a magic spell supporting performance and stock prices for major companies, reminiscent of the internet boom over twenty years ago with companies like Cisco. Click to read more about the full article.

Source: YAHOO

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Exclusive: Missing Celeb's Boyfriend Involved in Money Laundering Case; Friends and Family Busy Stardom Chasing

Reported about 1 year ago

Model Qian Shuaishun, who hasn't been seen in public for half a year, recently appeared in a friend's Facebook post attending a concert, wearing sunglasses to partially conceal her face. Qian's boyfriend, Guo Zemin, is currently in custody. Despite maintaining a low profile after the money laundering scandal involving Guo, Qian was spotted at a court hearing last December and has since cut off communication with almost everyone except for a few longstanding friends, such as model Wu Minxuan. After Guo's recent court appearance, Qian was seen attentively listening and taking notes, prompting the prosecutor to caution the judge about their interactions. Qian's mysterious behavior continues as she avoids media attention.

Source: YAHOO

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Exclusive: Male Star Striving for Success - Liu Yuren Transforms into Workaholic for Family

Reported about 1 year ago

Debuted on June 24, 2014, Liu Yuren recently joined a new company, aiming for success in the entertainment industry. Known for roles in movies like 'The Last Quarter' and 'Detention', he, along with Zhu Xuanyang and Fan Shaoxun, are dubbed the 'Three Taiwanese 90s Male Stars' by the media. Liu Yuren, aged 29, is enthusiastic about his acting career and sets high goals for himself, including winning awards and allowing his mother to retire early. He values family support and is focused on working hard to achieve success, emphasizing the importance of family and career in his life.

Source: YAHOO

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US Representative Yu Daren Involved in Controversy Over Misuse of Public Funds and Arrogant Behavior of His Wife

Reported about 1 year ago

Yu Daren, Taiwan's representative to the US, has been embroiled in controversy for allegedly misusing public funds to purchase luxury items and allowing his wife to treat embassy staff arrogantly. Complaints have been received stating that Yu purchased a luxury car worth nearly 4 million NT dollars and spent over 2 million NT dollars on furniture and other items at the official residence. Moreover, his wife reportedly used public resources inappropriately and treated colleagues disrespectfully. The controversies have sparked discussions in the diplomatic community.

Source: YAHOO

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Insider Story: Bank Chairman Empties Over 1.1 Billion, Kicked Out by FSC Leak

Reported about 1 year ago

On June 24, 2024, Taiwan Business Bank Chairman Wang Guifeng was prosecuted by the New Taipei City Prosecutor's Office for embezzling over 1.1 billion, facing a 15-year prison sentence and a fine of 500 million under the Banking Act and Securities and Exchange Law. Wang treated the bank as his personal cash cow, using funds for renting luxury private jets, top-notch cars, and mansions. He entertained political and business figures, including LDP lawmaker Li Dewei, with free flights on private jets abroad. Shockingly, FSC auditors leaked their report to Taiwan Business Bank, resulting in their indictment for malfeasance. Wang Guifeng, the ex-chairman, rented private planes, Rolls Royces, and luxury homes through his insurance brokerage and leasing companies, emptying 11 billion in assets. Facing charges of violating banking and securities laws, Wang and his accomplices were prosecuted by the prosecutor on June 11, with a demand for a 15-year prison term and a 500 million fine, as well as a 500 million fine for Taiwan Business Bank, causing a stir in society.

Source: YAHOO

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【Current Focus】Government Consolidates Legislation Minefield as Blue and Green Parties Transition to People's Livelihood Bill in Parliament

Reported about 1 year ago

On June 21, the Legislative Yuan rejected the motion to review the amendment of parliamentary powers, marking the end of the battle over this issue. The focus is expected to shift to the Constitutional Court. The ruling party believes the opposition may leverage their voting advantage to attack the 'pork barrel bills.' The executive team has compiled a list of 'legislation minefields' to caution legislators not to step into traps set by the opposition. Both sides aim to reduce conflict, prioritizing consensus-based people's livelihood bills over controversial ones, and enhancing internal controls within party caucuses. With the conclusion of the parliamentary skirmish, the blue and white camps secure their first victory in the new parliamentary session, while the green camp strengthens ties with civil society as all parties enter a period of legislative reorganization.

Source: YAHOO

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South Korean Love Master and Queen Maker: Director of Debut Film 'August in the Water Reeds' Reveals Behind-the-Scenes

Reported about 1 year ago

Famous South Korean director Huh Jin-ho, known for his early romantic films like 'August in the Water Reeds' and 'One Fine Spring Day', attracted attention with his debut film featuring actors Han Suk-kyu and Shim Eun-ha. Huh Jin-ho is hailed as the 'Love Film Master', and actresses Son Ye-jin and Lee Young-ae have gained recognition through his works. His recent film 'The Ordinary Family', based on a Dutch suspense novel, explores sibling conflicts within Korean society and has been selected for competition at the Far East Film Festival in Italy and as the closing film for the Taipei Film Festival.

Source: YAHOO

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