Reported over 1 year ago
On June 25, 2024, the People's Bank of China announced a 7-day reverse repurchase operation of 300 billion RMB with a stable interest rate of 1.8% to maintain liquidity stability by releasing a net 214 billion RMB. The increased operation size aims to address market rate fluctuations due to factors like accelerated government bond issuance and impending tax payments, with the aim of avoiding excessive liquidity volatility as quarter-end and mid-year approaches. Anticipation of reserve requirement cuts and interest rate reductions later in the year persists as an approach to accommodate the increased short-term funding needs and market stability.
Source: YAHOO
Reported over 1 year ago
Digi-Capital held a shareholders' meeting on June 25, 2024, with Chairman Tu Chun-kwang expressing plans to turn losses into profits in 2024. The company's game development costs have been gradually decreasing in the second quarter, with its subsidiaries showing no signs of losses and planning to launch several games in the second half of the year. Digi-Capital is also expected to complete its capital increase and convertible bonds (CB) in the third quarter, with the proceeds intended for improving financial structure and participating in HerChien Technology's capital increase. The company plans to focus on developing high-quality games and release one to two games annually, while expanding game product agency distribution power. Overseas game releases will primarily target Brazil and Southeast Asia (Australia, Thailand). Digi-Capital is also venturing into leisure gaming, launching Monopoly-themed slot machines in Brazil and aiming to increase the number of machines. Following a profitable first quarter in 2024, Digi-Capital is projected to continue on a profitable trajectory, with new game launches in the fourth quarter, setting expectations for a potentially successful year overall.
Source: YAHOO
Reported over 1 year ago
Cooperative Bank has been recognized by the Financial Supervisory Commission (FSC) for its excellent performance in handling loans for six core strategic industries, receiving the award for 'Outstanding Bank in Handling Loans for Six Core Strategic Industries' for the 112th year. The bank has assisted nearly 20,000 enterprises in the core industries, ranking second in market share. In addition, in line with the government's 2050 net-zero target, the bank has introduced various preferential project loans in line with the 'energy transition' and 'industrial transformation' policies to promote green finance and sustainable development.
Source: YAHOO
Reported over 1 year ago
As Taipei's old buildings are being redeveloped into office spaces and Nan Kang enters its peak completion of office buildings, a surge in office supply is expected in Taipei. A report by Colliers International indicates that the office space supply in Taipei is estimated to exceed 200,000 ping from 2025 to 2026, marking a turning point in the office rental market. Rental prices have been rising due to steady demand from technology and biotech sectors, causing a slight decrease in vacancy rates in the second quarter of 2024. Different commercial areas in Taipei have shown varying rental price increases, with Xinyi District having the highest quarterly increase. Nan Kang also saw completion of new office buildings in the first half of the year, catering to the expanding ICT industry.
Source: YAHOO
Reported over 1 year ago
Yuanta Bank has completed the signing of a USD 260 million sustainable syndicated loan for Tai-Jin-Pao Technology and its subsidiary Tai-Jin-Pao Electric on June 24, 2024, with a signing ceremony presided over by Yuanta Bank's Chairman Huang Nanzhou, CEO Lin Longzheng, and executives from Tai-Jin-Pao and Jin-Bao Group. The loan will be used for repaying financial institution borrowings and enhancing mid-term operational cash turnover. The syndicated loan, initially targeted at USD 200 million, was oversubscribed 1.8 times, indicating confidence in their operations and future development. Tai-Jin-Pao Technology, established in 1989 and listed on stock exchanges in Thailand and Taiwan, operates 16 factories and is a key player in the EMS industry in Southeast Asia, with growth prospects amid global supply chain shifts. Both Tai-Jin-Pao and Yuanta Bank are committed to sustainable growth and have clear ESG strategies to align with international trends, demonstrating their dedication to environmental and social responsibility.
Source: YAHOO
Reported over 1 year ago
Taipei, June 25, 2024 - Leading passive component company RichTech (2327) and distributor RichTech (3090) are set to pay dividends of 19.97238 yuan and 3.4 yuan on the 27th. With inventory restocking trends, clear momentum in AI mainstream clients, and optimistic expectations of dividends, institutional investors seem positive. RichTech and another passive component company, BrightTech (3624), held shareholder meetings on the 25th. RichTech approved a 3.4 yuan profit distribution plan, with an implied cash yield approaching 5%, maintaining its upbeat outlook on business conditions emphasizing AI-related applications among end-users. RichTech's CEO Yu Yaoguo expressed optimism for the second half, particularly in advanced applications like AI servers, cloud centers, and high-end networking, where demand is clear with high margins. BrightTech also anticipates inventory clearance and a stronger market after the second quarter, expecting better operations than last year. Both RichTech and RichTech will pay dividends on the 27th, totaling over 9 billion yuan. Additionally, Hengdian Energy aims for green energy, forecasts economic recovery despite the pandemic, and Australia's central bank might exit QE as early as February next year.
Source: YAHOO
Reported over 1 year ago
Lexar Communications, anticipating a transfer from the TAISDAQ to the Over-The-Counter market in late July, reports a record-high monthly revenue in May of NT$72 million, largely attributed to the success of the game 'LOST ARK.' Lexar focuses on second-agent classical games, with 87% of revenue from PC games and 13% from mobile games. They plan to list four more games, two for PC and two for mobile, with titles like 'The Giants,' 'New Hot Blood Rivers and Lakes,' and 'Dance Group.' The delay in the launch of 'LOST ARK' from 2021 to 2024 resulted in the Korean factory covering marketing expenses and waiving $9 million in licensing fees for Lexar. Riding on the momentum, Lexar plans to transfer to the OTC market later in July.
Source: YAHOO
Reported over 1 year ago
The highly acclaimed series ‘The Bear’ gears up for its third season, with the arrival of all 10 new episodes on Hulu at 9 p.m. ET on June 26. The show delves into the journey of chef Carmen, the relationships with cousin Richie and others at the restaurant, the looming challenges, and unresolved personal struggles. To fully appreciate the upcoming season, revisiting the previous episodes is recommended to soak in the show's deep lore and vibes.
Source: YAHOO
Reported over 1 year ago
Dietitians recommend mint as the top herb for promoting gut health due to its anti-inflammatory and antimicrobial properties. Mint has been found effective in alleviating digestive discomfort and is particularly beneficial for conditions like irritable bowel syndrome (IBS). While incorporating fresh mint into your diet may not replicate the doses used in clinical settings, it can still add refreshing flavor and mild digestive benefits to meals. Other herbs like ginger and turmeric also contribute positively to gut health, emphasizing the importance of a diverse diet.
Source: YAHOO
Reported over 1 year ago
Brazil has proposed a global tax on the super-rich in a report commissioned for its G20 presidency. The report suggests taxing individuals with over $1 billion in assets at 2% of their wealth, aiming to raise $200-250 billion annually to fund public services and address climate change. Economist Gabriel Zucman highlighted the need for a progressive tax system to combat inequality, noting that billionaires currently own 13% of the world's GDP.
Source: YAHOO
Reported over 1 year ago
North Macedonia's government revealed a $500 million partnership with renewables investor Alcazar Energy Partners to construct the country's biggest wind farm in the southeast region. The project aims to enhance energy independence and attract foreign investment, marking the largest investment in renewable energy sources in the nation. With plans to commence construction in early 2026, the wind farm is expected to generate 400 megawatts of renewable energy, powering over 100,000 households annually while reducing carbon dioxide emissions by 670,000 tons per year. Alcazar Energy Partners also intends to establish grid connections with neighboring countries to alleviate energy shortages and promote the shift to renewable energy in the Western Balkans.
Source: YAHOO
Reported over 1 year ago
小S擔任動力火車新歌《催眠》MV女主角，表示是動力火車的粉絲並感到開心能與偶像合作，但也坦言這是對自己的極大挑戰，全心投入在角色中展現壓抑且巨大的悲傷感。觀眾對小S的表現讚賞有加，認為她演得「又瘋又美」。動力火車特別為感謝小S的出演送上禮物，引發小S忍不住大喊「這個禮物，我不會帶回家，很火大。」未來可能有機會看到小S在小巨蛋演出。
Source: YAHOO
Reported over 1 year ago
小S擔任動力火車新歌《催眠》MV女主角，展現壓抑愛慕的瘋狂迷戀角色，表演引起動力火車成員驚艷。秋興認為小S演得「又瘋又美」，志琳則覺得有點不敢看，稱其演技厲害。小S在首映中表示這是極大挑戰，並感謝粉絲動力火車送的「吸塵器」禮物。想看小S當嘉賓的動力火車，小S幽默表示只唱小巨蛋，引發現場笑聲。
Source: YAHOO
Reported over 1 year ago
Shares of SolarEdge Technologies are declining as one of its customers, PM&M Electric, filed for bankruptcy, leading SolarEdge to expect negative free cash flow of $150 million in the current quarter. Additionally, the company plans a $300 million convertible note offering, which will dilute existing shareholders' value. Analysts predict challenges ahead despite inventory overhang and advise holding off on investment.
Source: YAHOO
Reported over 1 year ago
Warner Bros. Discovery is shifting its approach to big-budget series by relocating upcoming projects such as the 'Harry Potter' series and 'Welcome to Derry' from HBO Max to its linear network, HBO. This strategy rethink also includes transferring the Green Lantern series 'Lanterns' to HBO, leaving uncertainty about other projects like 'The Penguin' and 'Dune: Prophecy.' While these titles will still be available on Max, this move signals a lack of confidence in scripted streaming originals for the company under David Zaslav's leadership.
Source: YAHOO
Reported over 1 year ago
A federal lawsuit filed in 2022 over the sinking of the Golden Ray cargo ship, carrying $142 million worth of cargo when it capsized off the coast of Georgia in September 2019, has been settled. The Marshall Islands-flagged vessel sank after leaving the Port of Brunswick with nearly 4,200 vehicles. The settlement details were not disclosed, and the sinking was attributed to an error by the chief officer. The aftermath caused environmental and economic harm, including fires and oil spills.
Source: YAHOO
Reported over 1 year ago
诺和诺德（Novo Nordisk）的股票价格飙升至创历史新高，因其热门的GLP-1减重药物Wegovy在中国获得批准。在中国的减重药市场中，这是一项重大的进展。该公司已经获得Wegovy在美国的批准，并正在扩大市场至中国。
Source: YAHOO
Reported over 1 year ago
A U.S. appeals court has ruled that Smith & Wesson must comply with a New Jersey subpoena as part of an investigation into deceptive advertising. The court rejected the gun-maker's attempts to quash the subpoena, which seeks documents related to whether the company misled consumers about the safety and legality of its products. The investigation, initiated by the former New Jersey Attorney General and continued by his successor, aims to investigate potential fraud and misconduct under the Consumer Fraud Act.
Source: YAHOO
Reported over 1 year ago
Reddit announced its plan to update its web standard in order to block automated data scraping on its platform. This decision comes after reports revealed that AI startups were skirting the rules to extract content for their systems. The company will be enhancing the Robots Exclusion Protocol, or 'robots.txt,' to limit crawling access, implement rate-limiting, and block unknown bots and crawlers. The move aims to prevent tech firms from using content without permission to train AI algorithms and create summaries. Reddit assured that researchers and organizations like the Internet Archive can still access its content for non-commercial purposes.
Source: YAHOO
Reported over 1 year ago
CDK Global's dealer management software outage, caused by a cyber attack, is not expected to be resolved before the end of June. The software is essential for over 15,000 retail locations in the United States, impacting car dealerships across the country. CDK CEO stated efforts are being made to return operations to normalcy quickly, but the outage has forced dealers to resort to manual processes, affecting Volkswagen and Audi dealers the most and prompting other automakers to monitor the situation closely.
Source: YAHOO
Reported over 1 year ago
美國疾病控制暨預防中心發出了一份健康公告，警告當局、醫療保健提供者和公眾在美國可能感染登革熱的風險增加。根據CDC的資料，今年迄今為止在美國已報告了2,241例病例，其中有1,498例來自美國領土波多黎各，該地在病例數超過歷史紀錄後於3月宣布了公共衛生緊急情況。此外，全球登革熱感染病例也達到了空前的高峰，特別是在拉丁美洲國家，根據CDC的數據，登革熱病例超過970萬例，是2023年的兩倍。
Source: YAHOO
Reported over 1 year ago
Collins Aerospace, a subsidiary of RTX Corp, is in discussions with NASA to withdraw from the contract to develop new spacesuits for astronauts on the International Space Station. This contract, part of a larger $3.5 billion NASA program awarded to both Collins and Axiom Space in 2022, aimed to create suits for the ISS and future moon missions. Due to delays in development, Collins is considering stepping back from the program, potentially leaving Axiom in charge. NASA has faced challenges with its aging spacesuits, leading to recent astronaut spacewalk cancellations at the ISS.
Source: YAHOO
Reported over 1 year ago
After moving to Paris from New York 15 years ago, a Polish-American found that adopting certain French lifestyle habits significantly improved her daily life. These changes included taking real midday breaks for meals, cooking with fresh produce, embracing farm-to-table dining, choosing wine over cocktails, prioritizing sustainability in fashion, and learning to disconnect from work by taking extended breaks, particularly in August. These adjustments allowed her to fully embrace the French culture and enjoy a more mindful and slower-paced lifestyle.
Source: YAHOO
Reported over 1 year ago
The U.S. Department of Agriculture has announced that Kansas, Nebraska, New Mexico, and Texas will initiate voluntary pilot programs to test bulk milk tanks on dairy farms for bird flu. This move aims to facilitate interstate herd shipping for farmers and enhance public health monitoring of the virus's spread. The program allows farmers to move herds across state lines without additional testing if bulk milk samples test negative for H5N1 for three consecutive weeks, with ongoing regular monitoring required. The initiative is part of efforts to curb bird flu dissemination and improve virus understanding among cattle herds while addressing safety concerns in dairy products.
Source: YAHOO
Reported over 1 year ago
Leveraged ETFs tracking Nvidia's performance have attracted $5 billion in investments, showing a remarkable 425% increase this year despite a recent 16% correction in Nvidia's stock. These leveraged funds, such as T-REX 2X Long NVIDIA Daily Target ETF, are designed for short-term trades but have also captured retail investors' interest, with the Nvidia-focused ETFs collectively amassing $5 billion. In comparison, other leveraged ETFs targeting mega-cap tech stocks like Apple, Alphabet, Amazon, Meta Platforms, and Microsoft have attracted significantly lower assets under management.
Source: YAHOO