Reported 7 months ago
Legislator Ko Chien-ming and Interior Minister Liu Shih-fang of the DPP urge the review of the Executive Yuan version of the New Resident Rights Protection Law during the examination by the Interior and Foreign Affairs Committee. Currently, the committee is reviewing various versions of the law proposed by the Kuomintang and People's Party groups, as well as individual blue and green committee members, but the Executive Yuan version is missing. Minister Liu emphasizes the importance of waiting for the Executive Yuan version to be included in the review to ensure comprehensive considerations for the law's content and implementation.
Source: YAHOO
Reported 7 months ago
On June 11, 2024, at 10:40 PM, a 64-year-old man surnamed Xu went to a bank in Bade District with his wife to make a remittance of 200,000 yuan. The bank staff sensed something was amiss and promptly alerted the local police. Officers arrived to discover that Xu had received a call from someone pretending to be a former comrade from the military asking to borrow money urgently. Through detailed questioning, the police revealed it was a case of 'fake friends or relatives fraud.' By presenting relevant cases and advice, they managed to dissuade Xu from sending the money, successfully preventing the fraud. Authorities reminded the public to stay vigilant against common fraud tactics like impersonating friends or relatives for ulterior motives.
Source: YAHOO
Reported 7 months ago
Starlux Airlines in Taiwan has announced a combined revenue of 2.598 billion NTD for May, a decrease of 2.33% from the previous month but a 52.1% increase year-on-year, setting a new record. Reports also suggest that Starlux is planning to apply for an IPO soon, possibly by the end of the year. Similarly, low-cost carrier Tigerair Taiwan revealed a May revenue of 1.219 billion NTD, marking an 8.1% monthly decrease but a 38.31% yearly increase, also hitting a new high for the same period. Starlux Airlines' accumulated revenue for the first five months of 2024 reached 13.255 billion NTD with a 71% year-on-year growth, while Tigerair Taiwan's revenue for the same period was 6.793 billion NTD, showing a 55.02% annual growth rate, both reaching historic highs. Starlux credited their May revenue success to steady adjustments in flight schedules, particularly strong passenger performances in destinations like Japan, Thailand, and Vietnam, leading to a 53% annual growth in passenger revenue. Tigerair Taiwan highlighted a 43% increase in flight frequency compared to the same period last year and plans to expand direct flights to Japan, Korea, and Southeast Asian destinations to continue growth. Furthermore, Starlux Airlines' recent financial performance indicates a turnaround from losses to gains, with the previous year's revenue hitting 22.4 billion NTD and a per-share profit of 0.08 NTD without dividend distribution.
Source: YAHOO
Reported 7 months ago
Italian luxury brand Bulgari's flagship store on Via dei Condotti in Rome was burglarized in a dramatic heist, with thieves sneaking in through a hole in the floor and stealing approximately 42,000 pounds (around 17.33 million New Taiwan dollars) worth of jewelry. The thieves managed to escape through the sewer system in less than 11 minutes, evading the police who arrived after 7 minutes and took another 4 minutes to open the blocked door. The investigation revealed the thieves' methods and presence of around 3 criminals who had likely observed the store for some time, familiarizing themselves with its layout and security systems.
Source: YAHOO
Reported 7 months ago
KMT legislator Hsu Chiao-Hsin accused DPP's Policy Committee Executive Director Wang Yi-Chuan of possible data sourcing from iSolux Telecom, a sub-company of Chunghwa Telecom, during a 5/27 party meeting where high-ranking DPP and Wang Yi-Chuan were present; however, Chunghwa Telecom VP Lin Wen-Chih stated iSolux doesn't store customer data. Amidst concerns over analyzing rally attendees' political leanings, the Legislative Yuan invited national security officials for a detailed report. The matter involves allegations of improper data usage during political events, prompting ongoing investigations.
Source: YAHOO
Reported 7 months ago
A judge in Hong Kong has ruled to transfer Segantii Capital Management's insider trading case to the District Court, where longer prison sentences can be handed out. The case involves accusations against the hedge fund firm, founder Simon Sadler, and former trader Daniel La Rocca of acting on insider information before a block trade in 2017. Segantii allegedly received inside information from a person connected to Esprit Holdings Ltd., leading to allegations of insider dealing. The case will be heard at the District Court on July 2.
Source: YAHOO
Reported 7 months ago
Christian McCaffrey has been named the cover athlete for Madden NFL 25 and is not worried about the so-called Madden curse. Despite his injury history, McCaffrey believes the curse is a myth and is excited for the opportunity. The article discusses the history of injuries or down years for past Madden cover athletes but acknowledges that the outcomes can be varied, with some experiencing success and others facing challenges.
Source: YAHOO
Reported 7 months ago
According to a report by CNBC, Taiwan, a global semiconductor hub, is facing concerns over power shortages, potentially impacting the semiconductor industry worldwide. However, Minister of Economic Affairs Guo Zhizhui stated that the current electricity supply is sufficient, with precise calculations taken into account for the increased power demand from AI. Guo emphasized that Taiwan's prepared electricity supply is adequate, dispelling worries about potential disruptions to global industries. Guo also addressed other issues during a special report to the Legislative Yuan, including environmental concerns and local government decisions regarding industrial operations in Taiwan. (Source: China News)
Source: YAHOO
Reported 7 months ago
During the presidential and legislative elections in Taiwan, residents near Huwei Town in Yunlin suddenly received a text message claiming that a missile base would be established in Huwei. Despite immediate clarification by the government, the rumor persisted and gained attention. The DPP spokesperson revealed that investigations led to the discovery that the number buyer was the company 'Shanghai Chuanglan Yunzhi' in China. It was emphasized that China's lowest-cost interference tactic is spreading false information to create societal chaos, influencing elections indirectly, even if the results are not affected directly. Authorities confirmed that the false rumor originated from China.
Source: YAHOO
Reported 7 months ago
After decades of discussion, Taipei City's First Funeral Home finally began demolition on the 13th, with a ceremony on the 12th witnessing the removal of the 'Jingxing Hall' signboard by Taipei Mayor Chiang Wan-An. The land will be temporarily converted into a parking lot and green space in the short term, with long-term plans to be evaluated by the city government after actively collecting opinions and needs from various parties. Possible future options for the site include a long-term care medical zone, commercial/residential mix, social housing, and sports center, all aimed at benefitting Taipei's long-term development.
Source: YAHOO
Reported 7 months ago
On June 12th, the Taiwan stock market reopened with a strong offensive, opening up a hundred points with a peak reaching 21,909 points. Tech stocks, particularly Apple concept stocks, performed strongly with TSMC rising 13 points to 896 points and Largan Precision surging over the daily limit. In the US, major indices showed more gains than losses with the Nasdaq hitting a new high. Market experts are monitoring US economic data and the Federal Reserve interest rate meeting, advising a balanced investment strategy in electronics, finance, and manufacturing sectors focusing on advanced semiconductor processes and technology concepts. However, for a new market uptrend, the market needs to surpass the 22,000 mark.
Source: YAHOO
Reported 7 months ago
Eason Chan fainted due to heatstroke while playing tennis and accidentally fell, resulting in a deep wound that required over 30 stitches to close. The concert scheduled for June 14-16, 21-23 in Chongqing as part of the Fear and Dreams world tour has been postponed as the singer needs at least three weeks of rest after doctors' evaluation. The organizer released compensation methods for ticket holders, offering options for refunds or order retention, and also announced compensation plans for those outside of Chongqing affected by the postponement. Eason Chan's condition is currently stable, and both the organizer and the artist's team are working to meet fans' reasonable demands in hopes of his swift recovery.
Source: YAHOO
Reported 7 months ago
In a food poisoning incident involving 6 deaths at the Baolin Teahouse in Taipei, a 53-year-old female patient who couldn't wait for a liver transplant passed away recently. The authorities will conduct an autopsy on the 5th fatality to determine the cause of death. The woman had dined there in March, fell ill, and eventually succumbed to liver failure and infection. Five individuals associated with the teahouse face legal action for violating food safety regulations and involuntary manslaughter, with the investigation ongoing.
Source: YAHOO
Reported 7 months ago
The Taipei City's first funeral home, which has been in existence for 58 years, will begin demolition tomorrow (6/13). Surrounding property prices have risen by over 10% since 2021, but there has been a significant decrease in transaction volume. Real estate agents observe that the area's property prices have increased from NT$689,000 per ping to NT$769,000 per ping, with a hike of 11.7%. They point out that due to the benefits of demolition, local residents tend to hold onto assets and wait for further price increases. The analysis also shows a 45.3% drop in transaction volume from 274 transactions in 2021 to 150 in 2024, despite the 11.7% price increase. With the upcoming change in land use, property prices have reached an average of NT$700,000 per ping, causing transaction volume to plummet. The surrounding area used to consist of aged apartments with prices around NT$500,000 to 600,000 per ping. The funeral home's relocation is expected to have a significant impact on property prices in the area.
Source: YAHOO
Reported 7 months ago
On June 16th, the Huangpu Military Academy celebrates its centennial. The military parade will include students from various military academies and the National Defense University, showcasing the unity among the armed forces and the significance of passing on traditions. Notably, alumni in their 50s and 60s, including one who lost an arm due to an accident, are participating, demonstrating their dedication to the alma mater. Female students from the Army Officer School and National Defense University also join the parade for the first time, showcasing their training and commitment to excellence. This year's celebration marks a special event in honor of the Huangpu Military Academy's 100th birthday.
Source: YAHOO
Reported 7 months ago
The shortage of medications has reached Taiwan with 'I-Drops Eye Drops,' commonly used to relieve dry eyes, being in short supply since last year. The Food and Drug Administration had initially expected a large shipment by early April this year, but the demand still exceeds supply. The withdrawal of reimbursement for 'Tears Naturale Eye Drops' in November last year led to an increased demand for 'I-Drops Eye Drops' in medical institutions, causing a shortage in pharmacies. The situation is expected to normalize by the end of the year. Alternative medications with similar ingredients and dosage forms are available as substitutes, with measures in place to ensure supply to pharmacies. The shortage of eye care products and the efforts to address the issue were discussed by Food and Drug Administration Director Wu Hsiu-mei.
Source: YAHOO
Reported 7 months ago
In a recent incident, Hong Kong actress Lin Hei-man attended a Korean friend's wedding in a plunging all-white gown and faced criticism. Many netizens pointed out that wearing white violates a major Korean taboo as it is the exclusive color of the bride, and is considered highly disrespectful. The original post on Threads advised against wearing white to a Korean wedding to avoid upsetting the bride. Similar sentiments were shared by netizens from various countries, emphasizing the global consensus on refraining from wearing white to weddings to show respect and avoid being asked to leave. Specific details of attire restrictions may vary, but the common advice is to steer clear of white or black. The article quotes online comments warning that wearing white to a Korean wedding may lead to social consequences and exclusion by the bride and her circle of friends, suggesting that such attire choice could become a topic of discussion among the bridal party post-wedding.
Source: YAHOO
Reported 7 months ago
A netizen posted on PTT about their cousin who is a medical student dating a girl from a private school, but the cousin's mother strongly opposes the relationship, believing that the future child's intelligence will be inherited from the mother. Curious about this claim, the original poster inquires whether intelligence is truly inherited from the mother, sparking discussions online.
Source: YAHOO
Reported 7 months ago
Minister of the Interior Liu Shih-fang stated that additional subsidies for the New An-Quan housing loans are unnecessary. Since the launch of this policy, there have been concerns about its impact on promoting housing speculation. Liu indicated that with nearly 50,000 households benefiting from these loans, they have already shown some effectiveness in controlling house prices. The government had introduced the New An-Quan program last year, but due to factors like the influx of hot money and external debts, Liu suggested against increasing subsidies further to avoid driving up property prices. The Ministry of the Interior emphasized that if the central bank were to announce an interest rate hike, it's better not to increase interest subsidies to prevent further escalation in house prices.
Source: YAHOO
Reported 7 months ago
Interior Minister Shih-Fang Liu stated that there should be no further increase in subsidies for New Qing-An. The policy, introduced last year, has been criticized for fueling speculation and house prices. With nearly 50,000 households benefiting from the loans, the ministry believes that due to inflow of hot money and external debt factors, additional subsidies are not advisable and have some effect on curbing housing prices. The government introduced the Qing-An loans in 2010 and the more favorable New Qing-An last year, but concerns about rising demand and prices persist, prompting the ministry to suggest against further subsidies if the central bank announces an interest rate increase.
Source: YAHOO
Reported 7 months ago
U.S. stocks rallied and the dollar dropped as cooler-than-expected inflation data fueled rate cut optimism ahead of the U.S. Federal Reserve's monetary policy meeting. Benchmark U.S. Treasury yields fell after the Labor Department's CPI report showed core prices growing at their slowest pace in over three years. The market expects the Fed to leave rates unchanged but eagerly awaits the release of the Summary of Economic Projections, anticipating insights on potential rate cuts. International markets also reacted positively to the news, with European shares and global stocks surging, while the dollar weakened against other currencies.
Source: YAHOO
Reported 7 months ago
Wearing all white to a wedding, especially in Korea, where white is reserved for the bride, is considered a major taboo. Hong Kong actress Lin Xia Wei recently attended a friend's Korean wedding in a white low-cut dress, causing controversy online. Netizens criticized her attire as inappropriate and stressed the importance of avoiding white at weddings to show respect for the bride. The article also notes that while such customs are observed in countries like Korea, Japan, and the US, Taiwanese guests tend to dress casually at weddings, with some even wearing all white without considering the implications.
Source: YAHOO
Reported 7 months ago
Yahoo finance correspondent Yeh Yire, on June 11, 2024, at 10:30 PM, news of scandal at New Light Gold (2888) emerged, with former chairman Wu Dongjin being summoned by the North District Prosecutor's Office and posting a sky-high bail of 100 million yuan. Upon market opening, New Light Gold plummeted by 3%. Legislator Lai Shih-pao criticized 'politically driven cases' during questioning at the Legislative Yuan Finance Committee, questioning if it was to 'repair the People's Party' after the election. Ministry of Justice officials responded that the case was handled impartially without political interference.
Source: YAHOO
Reported 7 months ago
Egg prices continue to fall, with the Egg Business Association urging retailers and catering operators to reduce prices accordingly. The oversupply of eggs has led to prices hitting a new low in nearly three years, with production exceeding domestic demand by 340,000 eggs per day. The Association appeals to the catering industry to lower prices to boost sluggish sales, as some eggs are even being sold to feed pigs due to limited market demand. Measures such as price reduction and increased demand stimulation are being emphasized as the only solution to the surplus in egg production.
Source: YAHOO
Reported 7 months ago
According to SET News on June 11, 2024, various artists like Mayday, Jay Chou, and A-Mei are actively seeking to perform at the Taipei Dome, with Mayday applying for the New Year's countdown slot, despite previous controversies. Mayday's lead singer, Wu Tsing-fong, confirmed their active application for the Taipei Dome, aiming to move their annual countdown show to the Dome stage. Jay Chou also expressed interest in performing at the Dome, with A-Mei's team eagerly awaiting the opportunity. The Taipei Dome has become a sought-after venue for many top artists, with preparations and schedules still undergoing adjustments.
Source: YAHOO