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Taiwan Stock Market Hits New High Since Financial Crisis! Margin Trading Balance Surges Over 400 Billion NT Dollars in May

Reported about 1 year ago

Yahoo Finance correspondent Chen Yimin reports that in the latest financial update from the Central Bank on June 24, 2024, Taiwan's stock market has been soaring with the securities margin trading balance surpassing 3.5 trillion NT dollars, marking a monthly increase of 179.9 billion NT dollars. In addition, the margin trading balance in May has surged to 409.5 billion NT dollars, reaching a new high since the financial crisis. The active trading and increased investor confidence are indicated by the rising stock prices and trading volume. Moreover, officials noted a rebound in M1B annual growth rate to 5.00% in May and a slight decrease in M2 annual growth rate to 6.04%, attributed to increased foreign securities investments by Taiwanese and net outflows of funds.

Source: YAHOO

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Russia-Ukraine War: Russia Accuses Ukraine of Using US Missile to Attack Crimea, Resulting in 5 Deaths and Hundreds Injured

Reported about 1 year ago

On June 24, 2024, at 7:57 am, tourists on a beach heard a series of shelling sounds, causing panic and escape. Ukraine attacked the Crimea city of Sevastopol, annexed by Russia, on the 23rd using 5 US-provided Army Tactical Missile Systems missiles, resulting in over a hundred innocent civilians injured, including 3 children and 2 adults dead, with 5 children in intensive care. Russia's Defense Ministry demands Washington and Kyiv take responsibility for the attack. However, Ukraine and the US have not commented on the Sevastopol attack yet. On the 22nd, Russia escalated hostilities by launching missiles hitting a residential building in Kharkiv, Ukraine's second-largest city, causing 3 deaths and 52 injuries, including children. Ukrainian President Zelensky stated that Russia had fired over 2400 missiles at Ukraine since early June, with about 700 aimed at Kharkiv. He requested the West allow them to use foreign aid weapons to attack Russian air bases but awaited US approval.

Source: YAHOO

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National Rally Leader Bardella’s Far-Right Party Ready to Govern Amid Rise in Polls

Reported about 1 year ago

National Rally leader Jordan Bardella reassured French voters of his party's readiness to govern as they saw a surge in polls ahead of the election. The far-right National Rally increased its lead to 34.2%, followed by a leftist alliance at 28.2%. Bardella proposed funding a tax reduction by cutting France's EU budget contribution, and his party aims to bring the country back to budgetary reason. Despite leading, challenges from entrepreneurs and concerns over public finances remain.

Source: YAHOO

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US stocks edge higher as Wall Street wraps up successful Q2

Reported about 1 year ago

US stocks inched higher on Monday to start the last week of the successful Q2 on Wall Street, with the S&P 500 rising 0.3% and the Nasdaq Composite erasing earlier losses. The Dow Jones Industrial Average also rose roughly 0.7%. Nvidia, a key player in the market, showed signs of fatigue by dropping around 2% in early trading. This week, focus will be on macroeconomic indicators and US political events, including the first debate between US President Joe Biden and presumptive Republican nominee Donald Trump. Traders are eyeing the release of the Personal Consumption Expenditures (PCE) index on Friday, which could impact Federal Reserve policies on rate cuts.

Source: YAHOO

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Taiwan Land Development Corporation Fully Cooperates with Investigation Following Allegations of Violating Securities and Exchange Law

Reported about 1 year ago

Taiwan Land Development Corporation released three statements in response to prosecutors summoning former chairman Qiu Fusheng and five others for their suspected involvement in violating the Securities and Exchange Law by allegedly falsifying financial reports in 2019 and 2020. Prosecutors conducted searches at six locations and questioned the individuals involved. The company expressed respect for the investigation, stated their full cooperation, handed over relevant materials to prosecutors, and urged against excessive speculation and sensationalism in media reports.

Source: YAHOO

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South Korea Lithium Battery Factory Warehouse Fire Kills Over 20, Fire Department Confirms 20 Foreign Victims

Reported about 1 year ago

On June 24, 2024, around 10:30 am local time, a lithium battery factory warehouse in Hwaseong City, Gyeonggi-do, South Korea operated by Aricell, exploded causing a massive fire. The fire department dispatched 145 firefighters and dozens of fire trucks to control the fire; later, over 20 charred bodies were discovered in the factory, suspected to be among the 23 missing individuals, with 20 being foreigners, 2 South Koreans, and 1 unknown nationality. The exact number of casualties is still being confirmed.

Source: YAHOO

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2024 Street Dance Bilingual Summer Camp Enrollment Open at NCCU: Dance Street and Improve English in Joyful Atmosphere

Reported about 1 year ago

The Language Center at National Chengchi University is hosting the '2024 Street Dance Bilingual Summer Camp' where students above 8th grade to college level are welcome, regardless of dance experience, to learn street dance within an English-speaking environment. Renowned dancers like Dyzee from Canada and local champion Lo Kuo-chuan will lead sessions introducing various street dance styles, basic steps, English dance culture, and terms. The camp, open for registration until July 16 with an early bird discount, aims to create a fun English learning atmosphere through games, dance classes, and developing unique styles and confidence. Come and experience the strong presence of street dance masters!

Source: YAHOO

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Exclusive: 陳沂 Faces Trouble! 31万 Facebook Accounts 'Suspended due to Mass Reports' Income Source Vanished: Determined to Fight Back

Reported about 1 year ago

Popular influencer 陳沂's Facebook account with 310,000 followers was unexpectedly suspended. Known for her provocative statements, she has garnered both supporters and enemies, especially after recent controversies. Her Facebook and Instagram accounts were reported in massive numbers, leading to suspension, cutting off her main source of income. Despite facing this setback, 陳沂 is seeking ways to resolve the issue and hopes to regain access to her social media accounts for future work opportunities.

Source: YAHOO

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Nvidia and Chips Drag Nasdaq as Markets Eye Inflation Data

Reported about 1 year ago

On Monday, the Nasdaq fell due to Nvidia and other chip stocks' weaknesses, while investors prepared for an upcoming inflation report. Nvidia saw a 3% drop, attributed to profit-taking after significant gains. Semiconductor stocks like Taiwan Semiconductor and Qualcomm also declined. Market focus is on Friday's PCE price index report for insights on inflation. Investors expect possible rate cuts this year and are monitoring additional economic data and upcoming earnings reports.

Source: YAHOO

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Foreign Ghost Yacht Caught Smuggling Drugs, Seized Over 9 Billion NT Worth of Methamphetamine

Reported about 1 year ago

On June 24, 2024, at 7:49 am, Coast Guard personnel yelled for a foreign yacht to stop, but the Taiwanese captain attempted to ram the Coast Guard vessel and escape, leading to a tense scene. The Coast Guard forcefully boarded and inspected the yacht, disguised as a pleasure craft but actually smuggling drugs. Minister of Justice Zheng Ming-qian mentioned the involvement of a separate smaller vessel in drug smuggling, leading to joint investigation with U.S. drug enforcement authorities. The bust resulted in nearly 1 ton of methamphetamine disguised as tea packets being seized, with an estimated value exceeding 9 billion NT dollars. All involved crew members, including the captain and six others, were arrested and will face charges under the Narcotics Hazard Prevention Act.

Source: YAHOO

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Elderly Man in His 80s Drowns at Sports Center Pool! Swimmers Help with CPR, Firefighters Take Over Rescue and Send to Hospital Still Unconscious

Reported about 1 year ago

An elderly man surnamed Zhu in his 80s went swimming at the Changhua City Changbei National Sports Center this afternoon and unfortunately drowned for unknown reasons. Swimmers noticed and pulled him to shore, then firefighters, after being alerted, administered CPR and AED, rushing him to Changhua Christian Hospital for treatment. Despite being revived and regaining heartbeat, he remains in a coma with a Glasgow Coma Scale score of 3, with the cause of the drowning incident still under investigation.

Source: YAHOO

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Intoxicated Woman Abused by Friend's Boyfriend in Taichung

Reported about 1 year ago

A woman in Taichung was taken advantage of by her friend's boyfriend after drinking and taking sleeping pills. The man claimed he mistook her for his girlfriend and later blamed the woman for initiating the encounter. The Taichung District Court sentenced him to 3 years and 6 months in prison for opportunistic sexual assault, a decision that can still be appealed.

Source: YAHOO

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Exclusive: Rare Strongman Competition Under United Front Influence! Taiwanese Athletes Forced to Sign One China Clause

Reported about 1 year ago

According to SET News on June 24, 2024, at 7:45 am reporters Chen Yixuan and Gu Yuansong reported that United Front tactics have infiltrated the sports sector! Strongman competitions, popular in foreign countries for activities like carrying sandbags and truck pulling, have gained popularity in Taiwan. However, Taiwanese athletes participating in the Hayate Silk Strongman Competition in China were forced to sign a clause adhering to the One China principle, including agreeing to abide by the Chinese Constitution and not undermine national unity. Violators face cancellation of rankings, fines, apology statements, and some have dropped out of the competition due to these terms. Some athletes have reluctantly complied to earn international points, causing dissatisfaction and political implications in what was supposed to be a simple sports competition.

Source: YAHOO

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Accusations of Soliciting TSMC Internal Data: KMT's Hung Meng-kai Denies Smear Campaign, Threatens Lawsuit; DPP's Wu Pei-yi Uses Parliamentary Records to Prove Allegations

Reported about 1 year ago

KMT Legislative Yuan caucus secretary Hung Meng-kai was accused by DPP legislator Wu Pei-yi of requesting secret TSMC information from NSC during a committee meeting, where NSC promptly refused and criticized 'parliament expanding powers to infringe on people's rights'. Hung later clarified through a 4-point statement and announced plans to sue. Wu responded using 3 facts and cited parliamentary records, showing Hung's abuse of power. Hung insisted the information was not confidential due to being in the parliamentary records, while Wu criticized his inquiry as aiming at TSMC's data and accused Hung of spreading false information, leading to a formal lawsuit. Wu clarified that her inquiry was on 'emergency response team operations and stable power supply measures in the park', not TSMC data. She criticized Hung for implying parliamentarians shouldn't have the right to inquire about corporate secrets and attributed this to KMT and NPP's passing of the expanded powers bill, challenging Hung to oppose it with her. More details emerge regarding political dynamics and concerns over TSMC's secret leakage, with varying reactions from different political parties and leaders, including responses to potential constitutional violations raised by legislative parties and past controversies surrounding President Tsai's administration.

Source: YAHOO

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Tomorrow's High Temperature Alert in 14 Counties, Thunderstorms Expected in Northern Taiwan

Reported about 1 year ago

According to the Central Weather Bureau, tomorrow will see high temperatures across various regions in Taiwan, with temperatures possibly exceeding 36 degrees in most areas except for specific locations, such as Miaoli County and Yilan County. Thirteen counties and cities will be under an orange high-temperature alert, with the possibility of temperatures surpassing 36 degrees, while Yunlin County is under a red alert as temperatures may soar above 38 degrees. Thunderstorms are expected in the afternoon in the northern region. On Wednesday and Thursday, the high-pressure system is expected to strengthen, leading to lesser chances of thunderstorms but still warm temperatures in various regions.

Source: YAHOO

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Taiwan provides air conditioners for athletes at Paris Olympics

Reported about 1 year ago

Minister of Education Cheng Ying-yao announced that Taiwan has rented 50 water-cooled portable air conditioners in France for the 2024 Paris Olympics to ensure a comfortable environment for athletes. The Sports Administration will also install an underfloor cooling system in the athletes' village. The Ministry of Foreign Affairs, Ministry of Culture, and Ministry of Agriculture have collaborated to support the athletes, with a sports science team providing additional assistance in France, including nutritional support and technical guidance.

Source: YAHOO

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NVIDIA Expands into Middle East with AI Supply to Five Countries

Reported about 1 year ago

NVIDIA, the AI chip leader, signed an agreement with Middle Eastern telecom operators to supply AI technology to five countries in the region, marking its first major supply deal in this area since US restrictions on advanced chip exports. The agreement aims to provide AI technology to data centers in Qatar, Oman, Kuwait, Iraq, Algeria, and Tunisia, positioning NVIDIA as a key player in the global AI landscape amidst competition from other tech giants like Huawei and Apple. The move comes as AI becomes a crucial selling point for tech companies worldwide.

Source: YAHOO

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Controversy Arises as Illustrator 'Popo Pigeon' Accuses Municipal Representative of Plagiarizing Police Illustrations

Reported about 1 year ago

Taoyuan City Councilor Zhu Zhenyao of the Kuomintang recently organized an event celebrating Police Day and distributed Q-version pigeon police illustrations to the public, which bore a striking resemblance to the works of renowned police illustrator Popo Pigeon. Zhu denied plagiarism claims, stating it was only for reference and non-profit, but Popo Pigeon expressed anger and reserved legal rights. The event photos have been deleted in fear of escalating the controversy, with Popo Pigeon emphasizing the importance of correct concepts and defending his rights amid the dispute.

Source: YAHOO

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Threats Against Tokyo Governor Candidates in Tokyo Gubernatorial Election

Reported about 1 year ago

Following Taiwanese former senator Renho Murata receiving death threats on the 23rd, the office of current Tokyo Governor Yuriko Koike also received threatening letters with contents like 'explosives installed.' The Tokyo Gubernatorial Election, scheduled for July 7, has been marred by these incidents. Koike's office in Toshima Ward received letters containing threats of 'acid attacks' and 'explosives installed,' similar to the threats received by Renho. The police are investigating these threats as acts of intimidation.

Source: YAHOO

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Wu Nien-jen Can't Stand Son's Disrespect, Firmly Advises 'Be Polite to My Wife'

Reported about 1 year ago

On June 24, 2024, Wu Nien-jen, along with other actors, attended a press conference for the return of the classic play 'Conditions of Human Existence I' directed by Wu Nien-jen. He shared his experiences interacting with his children, suggesting that his relationship with his son is more like 'brothers.' Wu revealed that when his son spoke rudely to his wife, he would intervene and advise him to be kinder. Wu emphasized the challenges of parenting in today's generation, where fathers must maintain composure and opt for a friendlier approach with their children. The play addresses various social class educational methods and will feature adjustments to the script to reflect current events, with notable performances by historical educator Lu Jie and rising talent Li Meng-chun.

Source: YAHOO

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30歲女子罹罕見「嗜酸性腸胃炎」塵蟎過敏引發腹水

Reported about 1 year ago

一名30歲女子因腹瀉嘔吐到醫院就醫,被診斷出患有罕見的「嗜酸性腸胃炎」,後來發現她對塵蟎過敏,導致腸胃炎和腹水症狀。醫師指出,這種疾病表現類似一般腸胃炎,需完整服藥避免復發。

Source: YAHOO

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TV Host Suffers Rare Disease: Severe Itching Afflicts Entire Body, Seeks Help from Renowned Doctor

Reported about 1 year ago

TV host Zhou Kuanzhan recently revealed his health crisis, experiencing extreme stiffness in the neck and shoulders which even caused his right hand to be unable to be raised halfway through work. After seeking treatment in the rehabilitation department, he was able to recover. Despite working in the high-pressure news industry for nearly 15 years, Zhou was diagnosed with a rare skin itching disease that has left him unable to sleep even after consulting various top doctors, hindering him from completing tasks and causing great distress.

Source: YAHOO

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Alnylam藥物在心臟病試驗中達標後股價飆升

Reported about 1 year ago

Alnylam Pharmaceuticals Inc.的股票在其藥物成功治療一種進行性致命心臟病後暴漲,為公司暢銷產品開闢了新途徑。研究發現Alnylam的vutrisiran在治療一種嚴重心臟病條件(稱為ATTR淀粉樣蛋白斑症合併心肌病)的患者中取得顯著成效,並計畫在今年晚些時候提出監管批准申請。股價開盤後飆升33%,為近兩年來的最大日內涨幅。

Source: YAHOO

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Shein向英國證券監管機構提交文件,計劃在倫敦上市

Reported about 1 year ago

The fast-fashion retailer Shein has confidentially filed papers with Britain's markets regulator in early June, starting the process for a potential London listing. Originally planning to list in New York, the China-founded company valued at $66 billion faced opposition from U.S. lawmakers, leading it to explore a London Stock Exchange listing. Shein has informed China's securities regulator about its change of listing venue, but awaits approval, with the FCA typically taking a couple of months to vet. A UK listing would involve a four-week process of book building and price guidance before admission to trading, with potential political considerations amid an upcoming election and scrutiny around labor practices and import tax exemption.

Source: YAHOO

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Lai Ching-te interprets constitution for parliamentary powers amendment, Fu Kun-chi: Blue and White to cooperate again for upcoming battle

Reported about 1 year ago

President Lai Ching-te confirmed that he will interpret the constitution for the amendment of parliamentary powers, while Kuomintang caucus leader Fu Kun-chi stated that they will join forces with the People's Party caucus to face the battle ahead, as the cooperation of the two parties led to this point of amendment. Expectations from both blue and white party caucuses on how to proceed have been discussed previously. Fu Kun-chi expressed the Kuomintang willingness to send representatives to the Constitutional Court for legal arguments, emphasizing everyone's dedication to uphold the law.

Source: YAHOO

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