Reported about 1 year ago
China's Coast Guard took action against a Filipino supply ship and two inflatable boats in the Ren'ai Shoal area of the South China Sea, which they claimed illegally entered Chinese waters. The Coast Guard conducted inspections and forced the Filipino vessels to leave, citing the provisions of the new administrative enforcement regulations. This move, just two days after the regulations came into effect, could escalate tensions between China and the Philippines in the South China Sea.
Source: YAHOO
Reported about 1 year ago
Buffett's Berkshire Hathaway once again reduced its holdings of BYD stocks, selling 1.3475 million H-shares at an average price of HK$230.46 per share on June 11, cashing out approximately HK$311 million. Their stake decreased from 7.02% to 6.9%, holding about 75.6861 million shares. Despite Buffett's repeated sales, BYD's performance remains strong, with revenue growth and leading position in the industry. BYD's A-shares rose by 1.64% and H-shares rose by 1.74% on June 17.
Source: YAHOO
Reported about 1 year ago
The Ministry of Health and Welfare in Taiwan released the top 10 causes of death for last year, showing a decrease in the number of deaths primarily due to the reduction in COVID-19 fatalities. Cancer has maintained the top position for 42 consecutive years, while traffic accidents are identified as the main cause of accidental deaths, accounting for 43.4%. The report also highlights a decrease in overall national deaths and projects a further decline in COVID-19 fatalities in 2024. Suicide ranks as the 11th leading cause of death, with an increase in fatalities among various age groups. Efforts to improve road safety, including promoting a culture of yielding, are emphasized by authorities.
Source: YAHOO
Reported about 1 year ago
Creditors of Altice USA Inc. are close to finalizing a cooperation agreement to prevent disputes, anticipating the company may shift assets. The potential 18-month pact, extendable, could begin this week and involves creditors like Apollo Global Management Inc., Ares Management Corp., BlackRock Inc., and Oaktree Capital Management. Concerns arise from Altice USA's $25 billion debt, prompting lenders to seek advice and possibly sign the pact.
Source: YAHOO
Reported about 1 year ago
Millions of women on TikTok are sharing videos showing their husbands getting extremely close with their best friends, sparking discussions on trust and boundaries. The videos feature behaviors like prolonged embraces, pool activities, and cuddling, with some women viewing these interactions as red flags for potential infidelity. The viral trend has led to widespread conversations about the boundaries in husband-best friend relationships, with many women emphasizing the importance of setting limits and maintaining trust.
Source: YAHOO
Reported about 1 year ago
Tobacco company Philip Morris International announced the suspension of online sales on ZYN.com by Swedish Match North America nationwide as a response to a subpoena from the District of Columbia (D.C.). This action comes after D.C.'s ban on flavored tobacco products in 2022, with Philip Morris stating it intends to comply with the request and that there may be a material liability if the outcome is unfavorable. Swedish Match is conducting a review of its sales and supply chain arrangements, temporarily halting all ZYN.com sales during the assessment.
Source: YAHOO
Reported about 1 year ago
The Chairman of the Financial Supervisory Commission, Peng Jinlong, revealed on June 17th that active ETF is currently under research with data collection from various countries. Active ETF is expected to announce its direction by the end of June this year, with products potentially hitting the shelves by the end of the year. In addition, the Bitcoin ETF with multiple trustees will be open for trading first. The progress is aimed at diversifying Taiwan's market development by introducing active ETFs and considering the establishment of a Bitcoin spot ETF.
Source: YAHOO
Reported about 1 year ago
Comedian Hiram Kasten, known for his roles in popular sitcoms like 'Seinfeld' and 'Saved by the Bell,' has died at the age of 71. His career spanned from New York comedy clubs to television appearances, with his friendship with Jerry Seinfeld lasting for 45 years. Kasten retired in 2017 due to health issues, bravely battling prostate cancer and Crohn's disease. He is survived by his wife and daughter.
Source: YAHOO
Reported about 1 year ago
On June 17, 2024, at 6:41 PM, a volunteer from Tzu Chi in Kaohsiung's Zuoying District stepped into the life of Mr. Shi, a man who has been suffering from diabetes, undergoing dialysis, and living alone for 9 years with one leg amputated and the other leg severely swollen. The article highlights the impact of love in filling the void of his physical disabilities and solitary life.
Source: YAHOO
Reported about 1 year ago
On June 17, 2024, actress Wu Xinti recently purchased her first house after 14 years in the industry. She sold her TSMC stocks at a profit to gather funds for the down payment, showing her dedication to saving and investing over the years. Despite facing challenges with securing a mortgage due to being a celebrity without a stable income, she eventually succeeded and is now adjusting to the pressures of homeownership. Wu Xinti's journey highlights her independence and financial planning efforts.
Source: YAHOO
Reported about 1 year ago
A single 59-year-old man was found dead in his residence in a building in Taichung with a foul odor emanating from the premises. After neighbors reported the strange smell, police intervened and discovered the deceased man on a chair by a window, with preliminary assessments suggesting no signs of foul play. Further investigation is needed to determine the exact cause of death. The scene showed no signs of a struggle, and the man's isolated living situation adds complexity to the case.
Source: YAHOO
Reported about 1 year ago
Former NFL quarterback Steve Young believes that Baltimore Ravens quarterback Lamar Jackson has the potential to become 'the greatest that ever played.' Young suggests that Jackson needs a more sophisticated passing game and a stronger supporting cast to reach his full potential. Comparing Jackson's situation to that of other quarterbacks, Young emphasizes the importance of talent around Jackson for him to excel in the NFL. Additionally, Young expresses his admiration for the current quarterback-friendly rules in the NFL that favor offensive play.
Source: YAHOO
Reported about 1 year ago
Deciding how much money to keep in your checking account is essential to cover monthly bills and prevent overdrafts. While there is no specific rule, experts recommend having one to two months' worth of expenses in your account as a buffer. It is advised to consider putting extra funds in high-yield savings accounts, certificates of deposit, money market accounts, or investments to prevent losing money due to inflation and to help savings grow.
Source: YAHOO
Reported about 1 year ago
The successful conservation efforts of the Fairy Pheasant in Tainan have led to the stable growth of the population, with sightings now reported in the White River Lotus Field. Once facing extinction due to habitat destruction, the Fairy Pheasant population has expanded beyond the Guantian District to areas like the recently discovered White River Lotus Field, where they can be seen strolling among the blooming lotus flowers, exciting bird enthusiasts and lucky observers. The expansion of their habitat to diverse locations like the White River is seen as a positive outcome of collaborative conservation efforts by both public and private sectors.
Source: YAHOO
Reported about 1 year ago
The IRS plans to close a loophole used by large partnerships to avoid taxes, potentially raising over $50 billion in the next decade. The loophole involves moving income through legal entities to claim tax breaks, causing the IRS to lose significant revenue. Recent audits have shown widespread abuse of this tactic, prompting the IRS to take action. Treasury Secretary Janet Yellen connects this effort to the Biden administration's broader goals of reducing tax evasion by the wealthy and corporations.
Source: YAHOO
Reported about 1 year ago
On June 17, 2024, at 6:36 PM, Zheng Mingdian posted an image on his social media, warning about a strong convective system with a long axis exceeding 500 kilometers, describing it as an efficient and long-lived disastrous rainfall system. The Central Weather Bureau reported the possibility of scattered brief showers in western Taiwan, while other areas would remain mostly cloudy with occasional sunshine. Zheng Mingdian's post emphasized the risk of localized heavy rain, especially in major Taipei, northeast, and central mountainous areas. The weather bureau issued a high-temperature warning for Taitung County due to the probability of heat convection winds. Additionally, precautions were advised for UV exposure and staying hydrated in the extremely hot weather conditions.
Source: YAHOO
Reported about 1 year ago
A small inn in Taitung, Taiwan, faced a backlash online with numerous 1-star reviews and malicious comments on Google after being accused of installing hidden cameras for voyeurism. The inn's owner, surnamed Chen, posted an apology message on Facebook, but the anger among netizens continued, leading to a drop in the inn's ratings. Despite the inn receiving good ratings in the past, the recent scandal severely damaged Taitung County's tourism image, prompting other accommodations in the area to purchase anti-hidden camera detectors to restore trust among visitors.
Source: YAHOO
Reported about 1 year ago
The owner of the 'Poniduo Guesthouse' in Taitung City was caught installing hidden cameras and apologizes, stating they will cease operation and not engage in accommodation services again. A female guest discovered a hidden camera disguised as a night light in the bathroom and immediately reported to the police. The owner, Chen, has been taken in for investigation, and the incident has caused outrage online with Google reviews being flooded with 1-star ratings and the guesthouse's name changed to 'Poniduo Peeping Guesthouse', although the negative reviews have since been quietly deleted, restoring the rating to 4.2 stars.
Source: YAHOO
Reported about 1 year ago
On June 17, 2024, at 6:35 PM, Tzu Chi TV's 'Today in History' segment will take you back to this day on June 18.
Source: YAHOO
Reported about 1 year ago
In an unusual move, DPP legislator Hong Shenhan expressed willingness to submit Audrey Tang's brain for consideration as a UNESCO Intangible Cultural Heritage, following her recent debate over national defense policies. He likened Tang to a time traveler from another era and suggested that preserving her thoughts in this manner would be a significant contribution to the current generation. The debate involved questions about Taiwan's relations with China and accusations of betraying the country, adding to the theatricality of the discussion.
Source: YAHOO
Reported about 1 year ago
The Legislative Yuan's Economic Committee has preliminarily passed the amendment to the 'Foreign Professional Talent Recruitment and Employment Act,' but key articles are still under negotiation, particularly those concerning the extension of permanent residency application eligibility for foreign talent in Taiwan based on educational qualifications. The potential impacts on local employment are still a topic of discussion as Taiwan faces a talent grab amidst declining birth rates and global tech competition. Although certain relaxations have been proposed, concerns about affecting local job opportunities remain, leading to further deliberation before finalizing the amendments.
Source: YAHOO
Reported about 1 year ago
Reporter Zhu Mannin/Taipei reported on June 17, 2024, that there are discussions in state-owned banks to require new Qing-An policy mortgage holders to sign a declaration form and investigate whether old residents have violated regulations. Experts suggest that by expanding the investigation and implementing it effectively, many non-self-occupying units can be identified, which may allow some leveraged investment clients to release a few properties at maximum leverage, thus alleviating market supply issues. The impact of tracing non-self-occupying units would particularly affect underground landlords who speculate on the New Qing-An policy, potentially increasing holding costs in the future.
Source: YAHOO
Reported about 1 year ago
Quanta's founder and chairman Lin Bai-Li has become Taiwan's richest person with a net worth of $12.4 billion, followed by Hon Hai's founder Terry Gou. The AI boom has propelled companies like Quanta and Hon Hai to the forefront of the market, with Quanta securing the fourth spot in market value rankings. Both companies benefited from NVIDIA's strong AI presence, with Hon Hai and Quanta securing a significant portion of orders for the powerful GB200 chip, driving their market values up. Lin Bai-Li and Terry Gou have solidified their positions on Taiwan's rich list due to the AI industry's growth.
Source: YAHOO
Reported about 1 year ago
Ultrawin, a leading IC manufacturer, has successfully entered the iPhone supply chain by supplying OLED driver ICs for Apple's upcoming iPhone 16 series, benefiting from the surge in demand due to the AI capabilities of the new iPhones. This marks Ultrawin as the first Taiwan-based IC design company to supply key chips for iPhones, challenging the dominance of international manufacturers in the industry. The iPhone 16 series is set to be released in September, featuring the latest A18 processor produced by TSMC on the N3P process. Ultrawin's partnership with Apple extends to iPad, but this is their first time securing orders for iPhone critical components, indicating a significant milestone for Taiwan's IC design industry.
Source: YAHOO
Reported about 1 year ago
In Taiwan, the aging population poses challenges as suitable housing for healthy and semi-healthy elderly is limited, leading to a social crisis. Difficulties adjusting to communal living and inadequate services have been highlighted. As Taiwan heads towards becoming a super-aged society in 2025, with over 20% of the population being elderly, issues of living conditions and housing resilience for the elderly are becoming increasingly pressing.
Source: YAHOO