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Taiwan Power Company Promises to Submit 3Buy-Back Proposals to Buy Back Minority Shares in July Due to Minor Shareholders' Strong Dissatisfaction with No Dividends for 19 Consecutive Years

Reported about 1 year ago

Taiwan Power Company held its annual shareholder meeting on June 21, 2024, proposing to self-support electricity price discounts after losing a total of 382.6 billion yuan until last year. They aim to save 4.2 billion yuan in costs annually after reclaiming subsidies. The chairman promised to submit buy-back proposals to the Ministry of Economic Affairs in July to address the demands of minority shareholders who have not received dividends for 19 years. Taiwan Power Company's largest shareholder is the Ministry of Economic Affairs, holding nearly 96% of the shares, with other public financial institutions holding 3.46%, and individual minority shareholders possessing 0.56%.

Source: YAHOO

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Lai Qingde Establishes 3 Committees! Shen Fuxiong Criticizes Insufficient Vision, Revealing Taiwan's Real 3 Issues

Reported about 1 year ago

President Lai Qingde announced the establishment of 3 major committees, which was criticized by Shen Fuxiong for having an 'insufficient vision.' During a press conference on his one-month anniversary in office on the 19th, Lai Qingde announced the formation of committees in the directions of 'climate change,' 'healthy Taiwan,' and 'national defense,' personally leading them and inviting representatives from industry, academia, and government to drive reforms. Shen Fuxiong stated on a TV program that while Lai Qingde's intentions are commendable, these three areas are not Taiwan's most pressing issues, noting that his vision falls short. Shen Fuxiong pointed out that Taiwan's most severe issues currently are the impending bankruptcy of the labor retirement fund, the declining birth rate with no solution in sight, and the impending collapse of the National Health Insurance system.

Source: YAHOO

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Japanese Tapir from Exchange Program Dies Suddenly in Taiwan! Taipei Zoo to Conduct Autopsy to Determine Cause of Death

Reported about 1 year ago

Taipei City Zoo was set to welcome the Japanese Tapir 'Hideo' as part of an exchange program from Japan, but the 2-year-old tapir was found lifeless upon arrival in Taiwan. The zoo plans to provide preliminary information on the incident on the morning of June 22 and will conduct a pathological autopsy with experts to determine the cause of death. Hideo was born in Yokohama Zoo in 2022 and traveled to Taiwan for a breeding exchange. The sudden death has raised concerns, and the zoo is reviewing the transportation process to investigate further.

Source: YAHOO

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Hilton Hotel Incident: 8-Year-Old Girl Sucked Into Pool Pipe, Management Blames Parents

Reported about 1 year ago

An 8-year-old girl was tragically sucked into a pool pipe and drowned at a Hilton hotel, with the management company blaming her parents for negligence. Despite the family's lawsuit against the hotel management companies for failing to maintain a safe pool environment, the companies are arguing that the parents' actions directly led to the incident. The family's attorney refuted these claims, stating that the girl may have been trying to save her younger sister from a similar fate.

Source: YAHOO

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Minimum Wage On the Rise! Business Sector Struggling, Manufacturing and Small Businesses Fear Unemployment Wave

Reported about 1 year ago

The Minimum Wage Review Committee is set to be held in the third quarter, with speculations of a 4% increase next year despite economic challenges last year. Industry experts are concerned about the consecutive 8-year increase in minimum wage, citing increased labor and insurance costs that may heavily impact micro and small businesses, possibly leading to a surge in unemployment. The Ministry of Labor has established a research group to evaluate the impact of wage adjustments and provide recommendations for the Minimum Wage Review Committee to consider. Different sectors are expressing worries about the potential effects of further wage hikes on operational costs and employment stability.

Source: YAHOO

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Taiwan Train Accident: 9 Injured as New Taroko Express Train Derails

Reported about 1 year ago

On June 21, the Taiwan Railways Administration's Taroko Express train No. 229 derailed in Hualien following a collision with falling rocks near the Qingshui Tunnel, with the train captain and eight passengers sustaining injuries. Passengers described the scene as terrifying, akin to a disaster zone covered in mud. The incident was caused by flooding that resulted in derailment, with the train stopped at the site for repairs as rescue operations were conducted to transport passengers to their destinations and provide medical assistance.

Source: YAHOO

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US Treasury Department Announces Rules on Prohibiting Business Investments in Chinese Military AI

Reported about 1 year ago

The US Treasury Department has introduced new regulations to further restrict and monitor American individuals and businesses from investing in Chinese AI, computer chips, and quantum computing projects that can be used in the military sector. This initiative stems from an executive order issued last August by the US President, aiming to limit funds from the US that could be used by 'countries of concern' like China to access advanced technology. The rules specify the information American citizens and permanent residents must provide during relevant transactions and outline situations considered violations. The regulations particularly prohibit US investors from funding AI systems intended for military purposes like weapon targeting, combat, and location tracking. Transactions affected include equity acquisitions, debt financing convertible into equity, and joint ventures. The proposed rules will be open for public comment until August 4th this year, with the final rules to follow thereafter.

Source: YAHOO

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High Temperature in Kaohsiung Reaches 37.5 Degrees; Weekend Heatwave Expected with Afternoon Thunderstorms

Reported about 1 year ago

Taiwan has entered summer climate with the influence of Pacific high pressure, causing temperatures to rise across the region. Kaohsiung's Meinong recorded the hottest temperature at 37.5 degrees Celsius, with Yunlin, Pingtung, and other areas also exceeding 37 degrees. Thunderstorms are expected in the afternoons, especially in central and northern regions, while caution is advised for prolonged rainfall, particularly affecting evenings. The Pacific high pressure is weakening slightly starting Monday, with increased rain forecasted in eastern regions and local heavy rain in central and northern areas. The weekend will see similar weather conditions, with rain intensifying by Monday and Tuesday, before returning to hot and sunny weather on Wednesday.

Source: YAHOO

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Wind Sign Horoscope: 6/22 Aquarius Should Decline Timely, Gemini Seeks Balance in Mutual Interest, Libra Compromise is Necessary

Reported about 1 year ago

Su Feiya's daily horoscope for June 22, 2024, emphasizes winds signs' fortunes. Today's predictions include: Aquarius may face unexpected troubles and should know when to decline; Gemini needs to balance mutual interests in financial decisions; Libra should compromise amidst emotional family situations to protect relationships. The moon entering Capricorn brings with it intense Venus energy, making it a time for social gatherings, emotional expressions, and romance, but caution against accidents. Health issues like indigestion, allergies, toothaches, joint pain, fractures may arise. The day is particularly fortunate for Aries, Leo, Taurus, Virgo, and Capricorn. The horoscope also advises to avoid rash decisions (Capricorn), expect changes (Taurus), and engage in various activities (Virgo).

Source: YAHOO

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Earth Sign Horoscope: Capricorn Avoid Impulsiveness, Taurus Changes Ahead, Virgo Active Day

Reported about 1 year ago

Su Feiya's daily horoscope for June 22, 2024, focuses on earth signs. Capricorn is advised to avoid impulsiveness in social interactions. Taurus can expect changes in communication and possibly legal matters. Virgo will be engaged in social activities and may have travel opportunities. The day is influenced by the Full Moon in Capricorn with intense Venus energy, indicating a time for social gatherings, emotional intensity, and potentially positive social interactions, although caution is advised for safety. Health issues to be aware of include gastrointestinal discomfort, skin allergies, toothaches, joint pain, fractures, and sprains. Various time periods throughout the day are highlighted for different activities and emotional states, with lucky times indicated for different astrological placements.

Source: YAHOO

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Fire Sign Horoscope: 6/22 Aries Juggling Work and Family, Leo Needs to Stand Firm on Principles, Sagittarius Faces Financial Tension

Reported about 1 year ago

On June 22, 2024, fire sign horoscopes suggest challenges and changes for Aries in balancing work and family, while Leo needs to watch out for unexpected situations in work or health and stand firm on principles. Sagittarius should pay attention to cooperation and financial issues that may cause tension. Emotions are heightened with the full moon in Capricorn, indicating a mix of joy and sorrow, making it a good time for social activities and expressing feelings. Caution is advised for fire, drowning, accidents, and potential health issues like digestive problems, allergies, toothaches, joint pain, and fractures. Specific time intervals are highlighted with advice on handling different situations accordingly.

Source: YAHOO

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Malayan Tapir from Japan Dies Mysteriously on Arrival in Taiwan

Reported about 1 year ago

Hideo, a two-year-old Malayan Tapir from Yokohama Zoo in Japan, tragically died upon arrival in Taiwan after being found lifeless in a transport crate. Originally scheduled to arrive on June 21, Taipei Zoo is working with veterinary experts to conduct a pathological autopsy to determine the cause of death. Hideo, known for his gentle nature and shyness, was born in Yokohama Zoo in January 2022 and was supposed to promote genetic exchange among Malayan Tapirs. The Taipei Zoo and the Japanese colleagues are saddened by the incident and are reviewing the transport process while investigating the unexpected cause of death.

Source: YAHOO

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Water Signs Horoscope: 6/22 Compromise for Cancer, Stay Task-Oriented for Scorpio, Social Pressure for Pisces

Reported about 1 year ago

Su Feiya's daily horoscope for June 22, 2024, highlights the water signs' horoscope. Cancer may need to compromise to maintain harmony in relationships. Scorpio should focus on tasks rather than interpersonal issues. Pisces may feel pressure from friends or social circles and need to prioritize others' needs. With the full moon in Capricorn today, emotions are high, making it a good time for social gatherings and romantic endeavors. Health issues may involve gastrointestinal problems, skin allergies, toothaches, joint pain, or fractures. Specific timeframes are provided for various activities, emphasizing emotional management and practical actions.

Source: YAHOO

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Malayan Tapir from Japan Found with No Vital Signs upon Arrival in Taiwan; Zoo to Conduct Autopsy to Determine Cause of Death

Reported about 1 year ago

The Malayan tapir named 'Hideo' from Yokohama Zoo in Japan, expected to arrive at Taipei Zoo on June 21, was discovered lifeless upon arrival, prompting Taipei Zoo to collaborate with veterinary experts for an autopsy to ascertain the cause of death. Hideo, born on January 12, 2022, was supposed to engage in genetic exchange during this visit. The sudden unexpected incident has left both Taiwanese and Japanese zoo colleagues saddened and regretful, with Taipei Zoo expressing its intention to promptly contact veterinary scholars to conduct a pathological autopsy and review the animal transportation process to better assess potential causes of the accident.

Source: YAHOO

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Extreme Heat Continues in 12 Cities! Afternoon Thunderstorms Persist, Hot and Humid

Reported about 1 year ago

Central News 2024 June 21, 7:23 PM reporter Xu Yuanxin/ Comprehensively reported that today (22nd), influenced by the Pacific high pressure system, various areas are experiencing intense heat. The Central Weather Bureau has issued high temperature advisory for 12 cities and counties, with localized brief thunderstorms expected in the afternoon in major Taipei, central Taiwan, northeastern regions, eastern areas, and other mountainous areas, increasing the chance of heavy rain in mountainous areas. Twelve cities and counties have been issued high temperature advisories, with Taipei City, Changhua County, Nantou County, Yunlin County, Tainan City, Kaohsiung City, and Pingtung County on orange alert for a probability of consecutive days with temperatures reaching 36 degrees, requiring increased vigilance; New Taipei City, Taoyuan City, Taichung City, Chiayi County, and Hualien County on yellow alert. Meteorologist Wu Derong stated in the 'Sanlih Exact Weather Report' that Taiwan's skies were clear without clouds this morning, with isolated echoes moving into the Bashi Channel, bringing scattered light rainfall to parts of the Hengchun Peninsula. As of 4:53 AM this morning, the minimum temperatures in various regions ranged from 23 to 25 degrees on the plains, with 24.5 degrees in the northern region (Qidu District, Keelung), 24.1 degrees in central Taiwan (Zhongliao Township, Nantou), 25.2 degrees in southern Taiwan (Nanxi District, Tainan), and 22.9 degrees in eastern Taiwan (Shoufeng Township, Hualien). Wu Derong highlighted that over the weekend (22nd and 23rd), the 'stationary front' would linger in the Yangtze River Basin, leading to clear and hot weather in Taiwan with temperatures reaching around 37 degrees, urging people to take sun protection and prevent heatstroke; the 'subsidy effect' of the Pacific high pressure system is not enough to completely suppress the release of atmospheric 'potential instability', leading to convective development in the afternoon near mountainous areas, expanding northward and bringing a chance of localized showers or thunderstorms to neighboring plains and northern Taiwan, with risks of severe thunderstorms (accompanied by lightning, strong winds, and heavy rainfall). Today's temperatures in various regions: 25 to 36 degrees in the north, 24 to 37 degrees in the central region, 25 to 37 degrees in the south, and 23 to 35 degrees in the east. According to the latest model simulations, next Monday and Tuesday (24th and 25th), there will be a slight increase in moisture around Taiwan due to the peripheral influence of a South China Sea tropical disturbance, maintaining hot and humid weather with slightly enhanced afternoon convection. From Wednesday to Friday (26th to 28th), Taiwan will still be affected by the western edge of the Pacific high pressure system, leading to hot temperatures in various areas, with a possibility of localized brief showers or thunderstorms near mountainous regions in the afternoon. Wu Derong pointed out that the latest (20:00 on the 21st) European model (ECMWF) ensemble simulations indicate a 20% probability for the South China Sea tropical disturbance to develop into a 'tropical depression' by 20:00 on the 25th (Tuesday), with the probability of further developing into a 'tropical storm' dropping to below 5%. The simulated path moves northwest towards Guangxi and northern Vietnam. The enhanced infrared cloud map at 4:00 this morning shows clear skies over Taiwan (left). The latest (20:00 on the 21st) European model (ECMWF) ensemble simulations indicate a 20% probability for the South China Sea tropical disturbance to develop into a 'tropical depression' by 20:00 on the 25th (right).

Source: YAHOO

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Under Armour to pay $434 million settlement over sales disclosures

Reported about 1 year ago

Under Armour has agreed to pay $434 million to settle a class action lawsuit from 2017 that accused the sports apparel company of deceiving shareholders about its revenue growth to meet Wall Street expectations. This settlement, awaiting court approval, avoids a trial set for July 15 in Baltimore federal court. The lawsuit alleged that Under Armour and its CEO intentionally misled investors about the company's financial status. In 2021, the company paid $9 million to settle SEC charges related to revenue growth misinformation. The SEC discovered that Under Armour had not revealed using a sales tactic to expedite $408 million in orders in late 2015. The settlement will be funded through cash reserves and credit facilities, with the company also committing to separate the roles of chair and CEO for at least three years. Under Armour denies wrongdoing and views the settlement as not an admission of fault, with a legal contingency accrual expected to reach $434 million in early 2025.

Source: YAHOO

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TSMC Plans to Set Up Semiconductor Factory in Chiayi, Environmental Impact Assessment Passes Initial Review

Reported about 1 year ago

TSMC is set to establish an advanced packaging plant for CoWos in the Southern Taiwan Science Park in Chiayi by June 21, 2024. The park recently proposed an environmental change, including adjustments to industry positioning, land use plans, and infrastructure configurations. The changes approved in the preliminary review meeting by the Environmental Protection Administration aim to accommodate the increased electricity, water, waste output, and land usage from the TSMC CoWos factory, with additional measures required to prevent adverse impacts on downstream agriculture and fishery water usage.

Source: YAHOO

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Man Stabs Friend to Death for Criticizing Manner of Speaking over the Phone

Reported about 1 year ago

On June 21, 2024, a man surnamed Lin fatally stabbed his friend Li after being criticized for his impolite manner of speaking on the phone. Lin, accompanied by his girlfriend and another man, drove to Li's residence in Nuannuan District, Keelung City, to confront him. A physical altercation ensued, during which Lin took out a folding knife and stabbed Li in the chest, resulting in his death. After a three-hour manhunt, the police arrested Lin at a fishing port in Jinshan. Lin confessed that he felt insulted by Li's comments over the phone before losing control and committing the crime.

Source: YAHOO

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Enjoy Coffee Deals! 7-11 Gives Out Mocha Latte for Transferring to Friends, OK MART Offers Buy One Get One Free and Chance to Win Flight Tickets

Reported about 1 year ago

On June 21, 2024, 7-11 launched a promotion where members who transfer coffee to friends can receive a Mocha Latte, while OK MART not only offers a buy one get one free deal but also a chance to win flight tickets. Various coffee deals are available, such as Americano, Latte, Pearl Milk Tea, and more at discounted prices. Additionally, there are promotions at FAMILYMART and Hi-Life stores as well. OK MART also runs a promotion where purchasing designated drinks can enter customers into a weekly lucky draw for Southeast Asian travel tickets.

Source: YAHOO

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Taiwanese Passengers Escape Mud and Debris after Train Collision with Landslide

Reported about 1 year ago

In Hualien, Taiwan, the TAR 229 express train was hit by a landslide near Hualien and Ren tunnels, causing three carriages to derail and leaving nine passengers injured. Reports from passengers described a moment of tremendous impact with carriages shaking and a feeling of being thrown into the air. Passengers recalled the chaos inside the dark carriages, the burnt smell, and the challenges of evacuating through mud-covered tunnels. The incident left the driver with a fractured hand and several passengers with injuries, but no fatalities were reported. This marks another unfortunate incident in the region, following previous cancellations due to earthquakes. TAR is managing recovery efforts, offering full refunds to the 525 passengers affected.

Source: YAHOO

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Jeff Satur将于9月在高雄举办演唱会

Reported about 1 year ago

泰国歌手Jeff Satur宣布将于9月14日在高雄举办《Jeff Satur: Space Shuttle No.8 Asia Tour - PHASE 2 in Kaohsiung》演唱会,粉丝们兴奋不已。羅杰夫因为演出《黑幫少爺愛上我》而在台湾赢得认可,去年首次造访高雄的他,即将再次在台湾举办演唱会,门票将于6月25日开始全面开售。

Source: YAHOO

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Former Chairman of Taichung Bank Misappropriates 1.1 Billion in Public Funds for Luxury Living; Faces 15-Year Sentence and 500 Million Fine

Reported about 1 year ago

Former Chairman of Taichung Commercial Bank, Wang Gui-feng, in collaboration with the chairwoman of Taichung Bank Insurance Brokerage and the owner of Supreme Lease, rented luxury cars, private jets, and mansions under the company's name, also sponsoring ad expenses for Zhou. The investigation concluded with Wang Gui-feng being prosecuted under the Banking Act for breach of trust and other offenses, facing a 15-year prison sentence and a 500 million fine. Wang's extravagant lifestyle involved renting Bentley cars for personal use and purchasing luxury private jets, resulting in more than 1.1 billion in damages for the commercial bank and insurance brokerage.

Source: YAHOO

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Rachel Leviss Opens Up About Rehab Experience and Carrying a Photo of Ariana Madix in Her 'Shame Backpack'

Reported about 1 year ago

In a recent podcast episode, reality star Rachel Leviss shared her journey in rehab where she was instructed to write down hurtful things said to her and carry them in a backpack. As part of her healing process, Leviss had a photo of her former co-star Ariana Madix, with whom she had conflict, in her backpack. This exercise helped her let go of negativity and taught her not to internalize hate and shame. Leviss has since moved on and is getting to know businessman Matthew Dunn as a friend.

Source: YAHOO

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Taiwanese Judo Star Yang Yong-wei Aims for Gold at Paris Olympics, Eager to Try Taiwan Cuisine at Relay Station and Reveals Post-Retirement Tennis Plan

Reported about 1 year ago

Taiwan's 'Judo Prince' Yang Yong-wei, who won silver in the men's 60kg category at the previous Tokyo Olympics, is now setting his sights on Taiwan's first judo gold at the upcoming Paris Olympics. Yang expresses excitement over the prospect of trying authentic Taiwanese cuisine at the relay station during the competition. Additionally, he hopes to watch Rafael Nadal play tennis and reveals his plan to learn tennis after retiring. The relay station for Taiwanese athletes at the Paris Olympics offers a variety of home-cooked dishes, including braised pork rice, soup dumplings, classic beef noodles, and crispy fried chicken.

Source: YAHOO

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Weekend Expenses Soar to Just $260! Netizen Complains Daily Costs Feels Like Inflation Exceeding 50%

Reported about 1 year ago

An online user recently complained about spending at least $260-$500 per day even when only eating twice and feeling like inflation has exceeded 50%. The post quickly sparked discussions among netizens with some sharing their daily food expenses ranging from $200 to over $500 due to the increased costs of eating out compared to dining at home. Many expressed surprise at how expenses seem to keep growing, prompting concerns over the rising cost of living.

Source: YAHOO

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