Reported 7 months ago
In Tamsui, Taiwan, during the 'Tamsui Da Bai Bai' event celebrating the Clearwater Ancestral Procession, a conflict between a small religious group's members and others led to a man pulling out a folding knife. The incident was captured on video and shared on a Facebook group, leading the Tamsui Police to swiftly arrest the knife-wielding individual following an online investigation. The Tamsui Police emphasized their commitment to upholding public order and safety during the procession, with nearly 400 officers and personnel deployed for security.
Source: YAHOO
Reported 7 months ago
Source: INVESTORS
Reported 7 months ago
汇丰银行分析师将沃尔玛(WMT)的目标股价上调至每股81美元，并维持对这家零售巨头的买入评级。Julie Hyman和Josh Lipton解析了汇丰银行的报告，指出沃尔玛的问题领域，并提到沃尔玛最近关闭了其健康诊所位置。
Source: YAHOO
Reported 7 months ago
The highly anticipated 'Bridgerton' Season 3 Part 2 is set to return on Netflix on June 13, focusing on the romantic journey of Penelope Featherington and Colin Bridgerton, with Penelope's dual identity as Lady Whistledown posing a threat to their happiness. The article provides details on the release date, cast members, and where to stream the new episodes, along with insights on the upcoming storyline and character developments in the series.
Source: YAHOO
Reported 7 months ago
巴黎 (Bloomberg) - Paramount Global主席Shari Redstone退出了與David Ellison的Skydance Media合併提議的談判，結束了幾個月緊張談判，這將是Redstone家族在擁有CBS和MTV的所有者Paramount的領導地位長達幾十年的結束。文章提到，Redstone最初支持Skydance的交易，但因公司管理層和股東的反對，轉變了想法。 Ellison更改了條款，以取悅Redstones和Paramount股東，結果Redstone決定單獨出售National Amusements，而不是嘗試將Paramount與另一家公司合併。
Source: YAHOO
Reported 7 months ago
During the premiere of her new movie 'Bad Shabbos' at the Tribeca Festival, Kyra Sedgwick, 58, wore an outfit that she has owned for a long time, consisting of a black pinstripe suit and a lacy white camisole, paired with a special accessory - a necklace from her mother containing a photo of her great-great-grandmother.
Source: YAHOO
Reported 7 months ago
Unified Futures provided, compiled by Huang Yanhong on June 11, 2024, at 4:10 pm. The rate cut by the ECB and Bank of Canada is expected to lead to a situation where the currencies of these two countries are prone to depreciation and difficulty in rising. The US Dollar Index is anticipated to continue its gradual rising trend against the backdrop of strong economic data in the US and an expanding interest rate differential with other currencies. Factors to watch this week include May's US CPI inflation data and the June interest rate decisions of the US and Japan, which are likely to increase volatility in currency futures this week. Last week, the Bank of Canada announced a rate cut, becoming the first G7 country to do so, resulting in depreciation of the Canadian dollar. The widening interest rate differential between the US and Canada could put pressure on the Canadian dollar, potentially leading to a gradual decline and supporting the performance of the US dollar.
Source: YAHOO
Reported 7 months ago
Japan's inflation rate has exceeded the 2% target set by the Bank of Japan since April 2022, compounded by the yen reaching a 34-year low against the US dollar, increasing import inflation pressures and driving the demand for low-cost 100 yen stores. Experts estimate that the market size of 100 yen stores in 2023 has surpassed 1 trillion yen for the first time, with major players like Daiso Industries Co and Seria experiencing significant growth in sales over the past decade. Despite rising prices, the profitability of these stores is being eroded due to increased import costs caused by the yen depreciation, leading to some stores unable to maintain a 100 yen price point and introducing '300 yen stores' as a result.
Source: YAHOO
Reported 7 months ago
Taiwan's stock market corrected slightly with a 0.3% drop on June 11, led by financial giants Fubon Financial Holding and Cathay Financial Holding, which saw a 0.07% increase by the end of the day, marking a fourth consecutive rise and a cumulative increase of 2.52%. Analysts believe that the positive May earnings reports of financial stocks, coupled with shareholder meetings, have positioned them as key support during a break in the tech stock rally. Fubon Financial and Cathay Financial topped the profit announcement charts during the Dragon Boat Festival, driving the sector's growth by 1.71% and 0.85% respectively. Technical indicators show bullish momentum, with expectations of breaching 2,000 points in the long run.
Source: YAHOO
Reported 7 months ago
Taiwan's electricity supply issue has attracted foreign media attention. American financial media CNBC reported that Taiwan, as a global semiconductor hub, is facing concerns over power shortages, highlighting the significant impact of semiconductor industry supply chain disruptions on the global tech industry, serving as a major warning for chipmakers. The potential risks due to concerns of power shortages, degradation in power quality, and reliability could impact semiconductor industry operations. Taiwan has experienced several power outages in recent years, with experts attributing the issue to a combination of an aging grid, low electricity prices driving up demand, and Taiwan Power Company's ongoing losses leading to worries of power interruptions affecting the semiconductor industry and Taiwan's overall economy. With the industrial sector in Taiwan consuming over 55% of the country's total electricity, any power disruptions could slow down chip manufacturing, potentially causing global semiconductor price hikes and industry shocks.
Source: YAHOO
Reported 7 months ago
On June 11, 2024, Etronics (8069) reported strong revenue for May, showing optimism for growth in the second half of the year and leading to a significant increase in stock price. The stock surged by 8.14% on the 11th, closing at 232.5 yuan, above the quarterly line, with a trading volume of 12,600 shares. Etronics' consolidated revenue for May was around 2.681 billion yuan, a monthly growth of 19.69% and a yearly growth of 9.3%. Etronics indicated during a previous conference call that the inventory destocking of electronic shelf labels in May is nearing completion, with momentum building in the third quarter. Encouraged by the demand for colorization, Etronics is optimistic about the shipment momentum of e-readers and electronic shelf labels this year, investing in new large-size module production capacity in Yangzhou to seize opportunities in digital signage. Taiwan's PCB output value is expected to exceed 800 billion, with EDA starting a new chapter and Far EasTone acting as a strong backup, and Daya Capital's non-core business seeing a profit of 13.47 yuan per share in November.
Source: YAHOO
Reported 7 months ago
According to Taipei reports by Yuan Yanshou on June 11, 2024, the New Taipei City Government's MRT Bureau announced that the comprehensive planning report for the extension of the MRT Sanxia Line to Bade in Taoyuan, in cooperation with the Taoyuan City Government, has been approved by the National Development Council. The New Taipei City Government will continue to seek swift approval from the Executive Yuan, and construction is expected to commence after approval, with a forecast completion in nine years. The extension will link the Sanxia Line with the Taoyuan Green Line, connecting the road networks of New Taipei's Third Ring Sixth Line and Taoyuan's Third Ring Sixth Line, serving tens of millions in the northern Taiwan and Taoyuan MRT consortium. Planners hope to accelerate the new link between New Taipei and Taoyuan's MRT networks, enhancing transportation in the region.
Source: YAHOO
Reported 7 months ago
Yitai Technology reported a May consolidated revenue of 345 million NTD, with a monthly increase of 0.88% and a year-on-year increase of 2.73%. Accumulated revenue for the first five months reached 1.757 billion NTD, an 8.58% increase year-on-year. The company anticipates positive operations in the second half of the year driven by demand in AI and HPC. Yitai is seeing continuous growth in verification orders related to the AI and HPC high-speed computing market, and its subsidiary Yijin is improving yield and delivery times in collaboration with major power component customers for AI servers. The company highlighted the flourishing market development of AI technologies and applications at the COMPUTEX Taipei International Computer Show, emphasizing the broad and promising applications in various sectors. However, there is a need for further focus on AI chip performance and lifespan as they evolve towards higher efficiency, bandwidth, and low power consumption characteristics. Yitai's reliability verification lab has accumulated substantial practical experience in addressing challenges related to AI chip reliability testing, including high power, low voltage, and heterogeneous integration issues, in order to enhance the reliability of AI chips.
Source: YAHOO
Reported 7 months ago
PharmaEssen (6446) announced on June 11, 2024, that its new drug Ropeg for treating polycythemia vera (PV) has obtained drug certification from Malaysia's National Pharmaceutical Regulatory Agency, marking its second entry into the ASEAN market after Singapore. PV is a type of myeloproliferative neoplasm (MPN) disease, with an estimated 1,000 PV patients in Malaysia. Ropeg, a new generation of long-acting interferon independently developed by PharmaEssen, has been approved for PV treatment in approximately 40 countries globally, including major markets like the EU, US, and Japan, with a growing number of patients using the medication. PharmaEssen saw increased sales in the US market thanks to the rare blood cancer drug Ropeg, achieving a record-breaking self-reported revenue of 790 million NTD in May, up by 18.46% monthly and 89.03% annually. The company also obtained drug certifications in Singapore at the end of May and in Malaysia in June, with expectations of securing certification in China by the end of the year. Additionally, Taiwan Index Company announced the inclusion of PharmaEssen in the Taiwan Mid-Cap 100 Index and Taiwan Developed Index, effective after market close on June 21. Taiwanese investors show a preference for MeiSco Biomedical among the top five stocks, and a new Japanese investment cooperation platform for derivative products will be launched next year.
Source: YAHOO
Reported 7 months ago
On June 5th, designated as 'World Environment Day,' Mingtai Property and Casualty Insurance actively responded by forming a volunteer team to participate in the 'Crab Conservation Alliance Chengxi Home Clean-Up Activity' organized by the National Park Management Office of the Ministry of the Interior in Taijiang National Park. The focus was on raising awareness about the ecosystem of crabs and protecting their habitat to promote biodiversity conservation. The cleanup work aimed to protect the breeding and growth of crabs, especially during the peak season when female crabs release around 100,000 to 500,000 eggs at a time. Mingtai's General Manager Lee Zhichang Vice emphasized the company's commitment to sustainability and environmental protection by taking practical actions to safeguard the ecological habitat of crabs and highlighting the importance of biodiversity.
Source: YAHOO
Reported 7 months ago
On June 11, 2024, Lu Yajun, an assistant researcher at the Securities and Futures Market Development Fund, discussed Taiwan's establishment of a carbon rights exchange in August 2023 and its similarities with Japan's voluntary greenhouse gas reduction mechanism, suggesting Taiwan could draw lessons from Japan's carbon trading system. The J-Credit system established by Japan's Ministry of the Environment, Ministry of Economy, Trade and Industry, and Ministry of Agriculture, Forestry and Fisheries in 2013, achieved verification under international carbon reduction reporting and verification standards such as ISO 14064-2, ISO 14064-3, and ISO 14065. The article suggests recommendations for Taiwan based on the Japanese system, including gradually implementing a carbon trading system in line with international standards, optimizing the platform interface for disseminating carbon reduction information, streamlining the system and improving the classification of carbon reduction methods, and promoting diverse carbon reduction strategies.
Source: YAHOO
Reported 7 months ago
In line with the government's housing policy to increase diverse supply, the Ministry of Finance will strengthen the promotion of leasing state-owned properties. The Ministry targets to lease a total of 120 properties this year, with the second batch of 36 units set to be auctioned on the 13th. The initiative includes prioritizing city properties and expanding to empty homes or general leasing properties. With President Lai Ching-te's plan to support a million rental households over eight years, leasing and property management of public housing have become crucial. The Ministry had initiated state-owned property leasing last year, resulting in 117 properties for lease and 75 for sale, with rent amounting to approximately NT$5.819 million. Among these, 27 properties have been successfully repaired and leased out to the public, with notable properties in various regions, including 16 in the north, 7 in the central region, and 4 in the south.
Source: YAHOO
Reported 7 months ago
Epson, a leading brand in innovative technology, has received the Reader's Digest Platinum Brand Award for 7 consecutive years for its projectors and printers. Epson Taiwan's General Manager, Wang Hsinyi, sees this achievement as recognition of Epson's innovation and self-challenge. With a focus on 'saving, miniaturizing, and precision,' Epson aims to create greater value for society and the environment through innovative technologies. Epson's continuous ink supply printers have sold 90 million units globally, with a 69% market share in Taiwan, and the company is committed to developing environmentally friendly products. Epson's printers are ready for remote printing with fast compatibility with LINE, and future plans include improving digital streaming compatibility for user convenience and efficiency. Additionally, their commercial printers utilize unique non-heat inkjet technology to support low carbon transformation and promote ESG management, enhancing office efficiency. In the projector market, Epson has dominated global market share and customer satisfaction with its 3LCD projection technology, providing bright and vivid images with real color reproduction. All Epson projectors have been certified with the Taiwan Environmental Protection Mark, contributing to carbon reduction goals and minimizing environmental impact.
Source: YAHOO
Reported 7 months ago
On June 11, 2024, Hamas, the Palestinian militant group, publicly accepted the UN Security Council's ceasefire resolution proposed by the US, which includes permanent ceasefire, full troop withdrawal, and prisoner exchange in Gaza. While Russia abstained, the other 14 members of the UN Security Council supported the US-led Gaza ceasefire plan, showcasing diplomatic progress by the Biden administration. However, the outcome still hinges on Israel's response, with Hamas preparing to negotiate details and urging the US to ensure Israel's compliance. The ceasefire prospects also contributed to a drop in international oil prices on June 11. Hamas and the Palestinian Authority welcomed the UN's support and expressed readiness to cooperate with mediators to implement the plan.
Source: YAHOO
Reported 7 months ago
The meme stock frenzy, led by GameStop and other meme stocks, has not spilled over to fund investors who are staying away from the risky YOLO trading enthusiasm. Theme funds are losing investor favor, with meme stock ETFs seeing significant net outflows of $80 billion compared to their peak. GameStop, amidst declining revenues and plans to sell shares, faced steep drops in its stock price following lackluster performances and decreasing interest from investors. The once popular theme funds, driven by low interest rates and surging growth stocks in 2021, have now significantly lost assets, with meme-related ETFs struggling to attract investors, indicating a decline in theme fund popularity despite strong overall fund inflows in 2021.
Source: YAHOO
Reported 7 months ago
With rising housing prices, pre-sale houses within the total price of ten million NT dollars are becoming rare. According to real transaction data, there are still 12 administrative districts in Taiwan where the average price of pre-sale houses is below ten million NT dollars in the first quarter of this year, with over a hundred transactions. Among these districts, Puzi City in Chiayi County had the highest transaction volume, with 256 pre-sale houses sold in the first quarter, followed by Wuci in Taichung, Sanmin in Kaohsiung, Guanyin, and Yangmei in Taoyuan, with over 200 transactions each. These affordable and popular districts have an average price range of around 250,000 to 330,000 NT dollars per ping, with some slightly higher-priced areas having a demand for small units. Puzi in Chiayi emerged as the area in Taiwan where it is most possible to purchase pre-sale houses within ten million NT dollars.
Source: YAHOO
Reported 7 months ago
The Federal Reserve (Fed) began its two-day decision meeting on June 11, 2024, with market focus on the 'dot plot' of interest rate forecasts and the latest economic growth projections. Analysts are warning that the Fed may not cut rates until 2025, potentially leading to a significant pullback in the stock market. As the market's rate cut expectations cool again, the U.S. bond yields surged, with the 10-year yield rising to 4.67% before retreating to 4.43% on the 11th. The upcoming Consumer Price Index (CPI) release before the Fed meeting results, coupled with the dot plot outcome, may cause volatile swings in the U.S. stock market. Various scenarios are discussed based on the dot plot predictions, indicating potential market reactions and outcomes based on Federal Reserve decisions and economic indicators.
Source: YAHOO
Reported 7 months ago
The May revenue of listed companies was released on June 11, 2024, with the focus on large revenue companies, while international funds have been increasing selling pressure since June, resulting in a net sell-off of NT$57.76 billion. Among the top ten mega-enterprises in revenue, only three received small net purchases from foreign investors. Companies like Hon Hai, TSMC, Quanta, and others were in the top ten revenue earners. While only Hon Hai, Quanta, and D-Link received net purchases in June from foreign investors, the buying volume did not exceed ten thousand shares, reflecting a shift towards AI and cloud services demand driving revenue growth in companies like TSMC and Quanta.
Source: YAHOO
Reported 7 months ago
Taiwan's stock market reached another historic high yesterday, surpassing the 22,000-point mark before closing slightly lower at 21,792 points, remaining above key moving averages. Institutional investors believe the bullish trend remains unchanged, with future corporate profit growth expected to drive stock prices. Fifteen stocks with record high May revenues continue to attract institutional funding, primarily in the electronics sector but also in traditional industries. Key sectors for future performance include AI, semiconductors, and industrial machinery, with companies benefiting from AI applications and infrastructure development anticipated to see strong demand and revenue growth.
Source: YAHOO
Reported 7 months ago
11日，大億交通股東會完成二席董事補選，吳家家族企業當選董事，重回與日本小糸的共治格局。大億總經理莊智清表示，不再承製回銷日本燈具，轉由福州小糸承製，雖將造成營收減少約3億元，但稅後純益有增，去年營收48.17億元，今年前五月營收17.24億元、第一季稅後純益3,189萬元。
Source: YAHOO