Reported about 1 year ago
Taiwanese economist warns of the risk of worsening 'Dutch Disease' due to the country's over-reliance on the semiconductor industry, leading to economic growth that is not felt by the general populace. Concerns are raised about the lack of software capabilities in Taiwan's AI industry and the heavy reliance on chip manufacturing. The potential impacts of Taiwan's trade relations with Mainland China and the widening wealth gap within the country are also discussed.
Source: YAHOO
Reported about 1 year ago
Yunlin County Magistrate Zhang Lishan criticized the National Spatial Planning Act for favoring green camp-controlled counties and cities, as it hinders land development in Yunlin. The law limits changes to designated agricultural land, penalizing landowners for unauthorized use and restricting non-agricultural development. Zhang raised concerns over the disparity in treatment between Yunlin and Pingtung counties, prompting a response from the Pingtung government clarifying their land planning process and emphasizing the necessity of adjustments post extensive agricultural land surveys.
Source: YAHOO
Reported about 1 year ago
Following new US sanctions on Russia, the Moscow Stock Exchange announced the suspension of trading and settlement in US dollars and Euros. Starting today, the exchange cannot conduct forex, stock, or futures trades settling in USD or Euro; Russian business figures noted that acquiring USD or Euro in Russia is now nearly impossible, with more trades being done in RMB. The Central Bank of Russia assured that over-the-counter markets can still trade USD and Euro, while the official exchange rate for RUB against the two currencies will be determined based on bank and OTC data. Amidst these developments, a major Russian bulk commodity export company unaffected by Western sanctions remarked they are indifferent as they now use RMB. With deepening economic ties between Russia and China, RMB has overtaken USD as the largest traded currency on the Moscow Stock Exchange, comprising 53.6% of total forex transactions in May. President Biden's December executive order imposing sanctions on entities assisting Russia in obtaining war funds now encompasses approximately 4500 entities. These sanctions have also aimed to prevent Russia from acquiring technology, such as a Hong Kong front company supplying chips to Russia. Since Russia's February 2022 invasion of Ukraine, the country has faced a series of sanctions, but IMF predicts Russia's economy will still grow by 3.2% this year. Analysts believe these sanctions will eventually weaken Russia's economy, and the US Treasury Secretary Yellen stated the new sanctions targeted the remaining channels for Russia to access equipment, including reliance on third-country supply chains. This wave of sanctions comes ahead of the G7 summit scheduled from the 13th to the 15th in southern Italy.
Source: YAHOO
Reported about 1 year ago
A fatal fire broke out in an alley off Yanshou Road in Tucheng District, New Taipei City, taking the lives of three members of a family who ran a gardening shop. The family was trying to charge a hedge trimmer's lithium battery when it caught fire unexpectedly, leading to a tragic chain of events. Upon hearing the news, an employee rushed to the scene in the morning, breaking down in tears and needing assistance due to emotional distress. The details of the incident are still under investigation.
Source: YAHOO
Reported about 1 year ago
民進黨立院黨團總召柯建銘被發現偷偷刪改臉書貼文內容中提到蔡英文的「3點叮嚀」，引發質疑捲入「英德之爭」，柯建銘在受訪時回應表示「不要問我，不要為難我」。媒體人黃揚明提出幾種可能性，認為柯建銘刪文可能會再次引發民進黨內部蔡賴互信危機。
Source: YAHOO
Reported about 1 year ago
Japanese multitalented star Fujio Okada is set to celebrate a precious first experience in his nearly twenty-year career by releasing his first personal selected album in Taiwan, which includes two exclusive Taiwanese songs. In addition to his participation in Netflix's 'Who is the Victim: Season 2,' Okada will hold an autograph event on June 19 at the Eslite Songyan Music Hall in Taiwan. This event marks his first autograph session, and despite feeling nervous, he expressed excitement about reconnecting with his Taiwanese fans. The album, 'Stars of the Lid,' will feature a special Taiwan version and will include the ending theme song from Netflix's 'Who is the Victim: Season 2' and another collaboration with fellow artists. Fans attending the pre-order signing event will receive a Taiwan-exclusive poster. Okada has dedicated significant effort to his music, and this milestone in his career reflects his lasting memories and appreciation for Taiwan.
Source: YAHOO
Reported about 1 year ago
Taiwan's Premier Su Tseng-chang met with the Czech Republic Senate Vice President Jiří Drahoš and his delegation, expressing Taiwan's gratitude for Czech's long-term support and vaccine donations during the pandemic. The two countries have signed over 20 memorandums of cooperation since 2016 and are looking forward to deeper collaboration in advanced chip research and supply chain resilience. Both sides aim to benefit mutually in technology, education, culture, and economy, fostering a strong democratic partnership to tackle economic and geopolitical challenges.
Source: YAHOO
Reported about 1 year ago
Oil prices held steady after a positive start to the week, with US economic data indicating a slowdown in inflation while Russia agreed to reduce output. US producer prices fell the most in seven months, hinting at a deceleration in consumer price increases. Despite the Federal Reserve keeping interest rates unchanged with only one cut expected this year, West Texas Intermediate settled above $78 a barrel, up approximately 4% for the week. Russia's decision to reduce production by an additional 471,000 barrels per day on top of last year's 500,000 barrel-a-day cut also offered support. However, concerns over demand and abundant supplies have caused oil prices to trend lower since early April, with the International Energy Agency warning of a surplus in global markets over the next decade due to the accelerating shift away from fossil fuels. Incidents of ship attacks off Yemen continue, with a cargo vessel catching fire in the Gulf of Aden after being struck by two projectiles. This incident follows another assault in the area the previous day.
Source: YAHOO
Reported about 1 year ago
Japanese investors sold a record amount of foreign debt in nine years, totaling ¥2.65 trillion ($16.9 billion) in the week through June 7, marking the largest such sale since April 2015. The sales were influenced by global central bank policy shifts, including interest-rate cuts in the eurozone and Canada, and weak US manufacturing and job opening data. Analysts suggest that banks took advantage of the situation to profit by selling Treasuries and accumulating shorter-tenor US bonds, while also possibly selling high-hedging-cost foreign notes to purchase Japanese government debt.
Source: YAHOO
Reported about 1 year ago
Honda Motor will begin selling a micro-sized electric van aimed at Japan's delivery industry in October, with a range of 245 km. The vehicle will be classified as a 'kei' vehicle, popular in Japan for their low power and tax rates. This move by Honda follows plans to introduce an electric kei passenger car next year. The market for micro kei vehicles is growing, with Mitsubishi Motors having recently relaunched its own small commercial van, Minicab EV, and Toyota having delayed the release of a similar vehicle following a safety test scandal.
Source: YAHOO
Reported about 1 year ago
Din Tai Fung, an internationally renowned chain restaurant, has announced an immediate price increase for some menu items, including a $3 raise per xiao long bao and a $30 increase for the popular pork chop egg fried rice, now priced at $310 per serving. In response to this, Cao Xiping, a business owner himself, expressed concerns over rising prices by stating that while those with money may find a $300 fried rice acceptable, for those without, it is considered expensive, with $150 to $200 being more reasonable. Din Tai Fung cited increasing operating costs as the reason for the price adjustments on approximately 150 menu items, with an average increase of around 6%, attributing the adjustments to the significant shortage of service industry manpower. Cao Xiping, who operates an earring store in the Ximending and Taichung Zhongzheng districts, also commented on the price hike, suggesting that if people cannot afford it, they simply should not eat there, highlighting the significant rise in prices as unsustainable.
Source: YAHOO
Reported about 1 year ago
South Korea is extending the ban on stock short selling until March 30 next year and planning to impose stricter penalties for illegal trades. The ban, initially implemented to combat naked shorting, will be extended until a monitoring system for improper trades is in place. Authorities are considering penalties of up to six times the profit from illegal short selling and life imprisonment for offenders making profits of at least 5 billion won. Despite controversy within the financial sector, the eventual lifting of the ban is seen as a positive move by some to increase liquidity and reduce volatility in South Korea.
Source: YAHOO
Reported about 1 year ago
The US Federal Reserve (Fed) announced maintaining the interest rates unchanged, impacting the stock market as the Dow Jones turned negative while the S&P 500 and Nasdaq hit new highs. Additionally, the US May Consumer Price Index (CPI) unexpectedly slowed to 3.3%, largely due to a drop in gasoline prices. Fed Chairman Jerome Powell revealed that only one interest rate cut is expected this year, potentially towards the end of the year or before the presidential election. The Fed plans to maintain interest rates around 5.5% in 2023 to curb price growth. With most credit card rates exceeding 20%, mortgage and auto loan rates remain at 7%. On the market front, the Dow Jones fell 0.09% to 38712.21, the S&P 500 rose 0.85% to 5421.03, and the Nasdaq also increased by 0.85% to 14289.78, setting new records. The Fed's decision to freeze rates not only affected stock fluctuations but also led to a slight increase in gold prices, with spot gold up 0.3% at $2322.46 per ounce and gold futures rising by 1.2% to $2354.80 per ounce.
Source: YAHOO
Reported about 1 year ago
Although J.J. McCarthy was the No. 10 pick in the NFL Draft for the Minnesota Vikings, Sam Darnold will be leading the team at the start of training camp following a strong performance in OTAs. Vikings head coach Kevin O’Connell praised Darnold's progress and signed him to a one-year deal after losing Kirk Cousins to the Atlanta Falcons. While McCarthy has the potential to compete for the starting role, Darnold currently holds the edge to lead the team in the upcoming season.
Source: YAHOO
Reported about 1 year ago
知名主持人呂如中近日在《新聞挖挖哇》節目中力挺藝人唐治平，唐治平的母親驚傳陳屍自家頂樓後，唐治平堅稱那不是他的母親，拒領死亡證明。呂如中直言不解為何人們不相信唐治平，指出一般失蹤的母親家人通常會感到慌張，但唐治平卻顯得鎮定冷靜，讓人感到匪夷所思。
Source: YAHOO
Reported about 1 year ago
The 2024 university application results were announced with 78,187 applicants and 41,133 placements, resulting in a 52.61% distribution rate, the second highest in nearly seven years. Among 11 medical schools, there were 118 vacancies, with Taipei Medical University's medical department having the most at 39. The University Admission Committee reported a total of 5,502 public quota seats, with 11,671 vacancies overall, a decrease of 4,450 from the previous year, mainly due to a reduction in available spots compared to the increase in applicants and registered candidates.
Source: YAHOO
Reported about 1 year ago
In the early hours of June 8 in Taipei's Songshan District, a 23-year-old man surnamed Zhang lost control of his car and crashed into a row of shops alongside the road. The impact affected at least 7 residential units, causing residents to be startled awake in the middle of the night and resulting in water and power outages. Fortunately, Zhang was not injured, and the exact cause of the accident is still under investigation. Police have confirmed that Zhang was not under the influence of alcohol during the incident.
Source: YAHOO
Reported about 1 year ago
Davante Adams expressed optimism but also caution regarding the potential of the Raiders offense, emphasizing the importance of setting realistic expectations and maintaining high standards. Despite having talented players like Adams, the uncertainty lies in how well the team can perform collectively under new quarterbacks and offensive schemes. Adams' experience in Luke Getsy's offense gives him an edge, but the overall progress of the team remains to be seen.
Source: YAHOO
Reported about 1 year ago
台北捷運公司舉辦「微糖生活節」市集活動，六月每週五至日主題為「女子喫茶派對」，結合女性及日系風格，提供各式茶飲、手作、服飾攤位和餐車；晶華酒店亦推出「晶華❤️中山-女子喫茶假期」住房專案，入住者出示打卡照可獲贈紅酒或延遲退房禮遇，享受悠閒假期和SPA療程，為閨蜜提供歡聚的城市度假之旅。
Source: YAHOO
Reported about 1 year ago
Parnell's Cica Cushion, the bestseller at Korea's top beauty retailer OLIVE YOUNG, is now available in Taiwan exclusively at all beauty stores and online platforms. Known for its pure and natural approach to skincare and makeup, Parnell was founded in 2019 and has gained popularity for its Cica Cushion infused with Snow Lotus Maclurcan Honey Factor. The cushion, which topped OLIVE YOUNG's online makeup sales chart in Korea, is now offered at a discount in Taiwan until July 2, along with a special gift promotion for customers purchasing two items. The Cica Cushion comes in various shades, priced at NT$790 for 15g, providing a flawless and radiant finish. Another popular product from Parnell, the Cica Essence Matte Cushion, offers a lightweight and comfortable makeup experience with long-lasting matte finish and skincare benefits. Additionally, the Glacier Repair Oil Control Cushion is praised for its oil-absorbing properties, ideal for controlling shine and maintaining a fresh look. These products are now available in Taiwan for beauty enthusiasts seeking a Korean-inspired flawless complexion.
Source: YAHOO
Reported about 1 year ago
During a recent trip to Okinawa with her daughter, Shuling Wu flaunts her bikini body, known for her enviable figure at 45. Despite fluctuations in weight due to her love for food, Wu relies on three essential methods to successfully slim down: detox green latte, high-protein soy milk, and 30 minutes of super slow jogging every day. Wu swears by her daily consumption of vegetable and fruit juices for 16 years, as well as her low-sugar soy milk with protein and sesame powder to maintain her health and weight. She emphasizes the importance of providing the body with proper nutrition before consuming other foods. Wu's dedication to exercise includes the trending super slow jogging, which is easy on the knees and loved for its effective fat-burning outcome among older women, engaging in 30-minute sessions while watching TV for a simpler weight-loss regime.
Source: YAHOO
Reported about 1 year ago
On June 12, 2024, the Ming People's Daily reported that the Douliu Police Sub-bureau in Yunlin County was invited by Gongcheng Elementary School to give a seminar on traffic safety and crime prevention to all students and teachers. The team emphasized the importance of correct traffic safety and legal concepts, with officers using real-life examples to educate students on the risks of online fraud and the importance of safe road-crossing practices. The students were engaged and enthusiastic during the presentation, receiving positive feedback from both faculty and students. The bureau director expressed satisfaction with the collaboration and welcomed further initiatives to safeguard students' safety.
Source: YAHOO
Reported about 1 year ago
男團Energy的成員Toro最近因被前女友爆料劈腿兩位女子而引起關注。前女友指控Toro在交往期間情緒不穩定，甚至曾開車頭撞方向盤。此外，Toro的經紀人也被揭露曾經有多位感情對象。
Source: YAHOO
Reported about 1 year ago
Lu Yi-en, a young actress with over 10 years in the industry, recently won the Golden Bell Award for Best New Performer. Known for her dedication and love for acting, Lu faces pressure and anxiety while rehearsing for a stage play, but she continues to encourage herself daily to persevere. Lu's acting journey began at a young age, and despite her achievements, she remains humble and driven to improve. On a personal note, she shared an amusing encounter where she felt unprepared when recognized by high school students while eating, worrying her outfit wasn't impressive enough for fans. Lu also expressed her love for acting, her encounters with idols, and her dreams of starring in a campus romance drama with a certain idol, showcasing her passion and aspirations in the entertainment industry.
Source: YAHOO
Reported about 1 year ago
The Federal Reserve's decision to hold its key rate and lack of clear guidance on future rate cuts led to uncertainty in the markets, with investors previously expecting multiple rate cuts. Despite the mixed reactions, major indexes like the S&P 500, Nasdaq Composite, and Nasdaq 100 closed at records, while the Dow Jones Industrial Average saw a slight drop. The Federal Reserve aims for inflation to gradually decrease towards 2%, with projections suggesting it may take until the end of 2024 or 2025. The market's overbought status and the upcoming Producer Price Index report indicate that stock market volatility may continue.
Source: YAHOO