Reported about 1 year ago
Five major domestic banks are gearing up to seize the summer travel market by offering discounts and rewards for using credit cards on various travel expenses such as buying tickets, arranging itineraries, purchasing travel vouchers, and accommodations. With the upcoming travel season, credit card usage for travel is expected to reach new heights this year, with optimistic outlook for continued travel trends in the second half of the year. Various credit card issuers are introducing enticing benefits for travelers, including discounts on flights and accommodations, with promotions aimed at tapping into both domestic and international travel opportunities.
Source: YAHOO
Reported about 1 year ago
Traditional industries like glass, ceramics, and rubber are experiencing a revival this year, mainly driven by AI semiconductor and electric vehicle businesses, accelerating the rebound of traditional material raw resources. Companies like Taiwan Glass are focusing on developing low dielectric (Low DK) glass fiber cloth products, expanding market share to 30% by the second half of the year, with applications in 5G and PCBs. The rubber industry is also steadily recovering, boosted by demands in the semiconductor and electric vehicle sectors, with companies like Formosa Rubber benefiting from the large demand for SSBR (Solution Styrene-Butadiene Rubber) for electric car tires.
Source: YAHOO
Reported about 1 year ago
Psychologists reveal that introversion, a common personality trait, leads to specific positive traits in adulthood such as thoughtfulness, empathy, creativity, self-awareness, and strong communication skills. These traits benefit introverts in various aspects of life, showcasing the value of introversion as a beautiful and valuable personality trait that should be embraced without the need to conform to extroverted traits.
Source: YAHOO
Reported about 1 year ago
As global markets closely monitor the Federal Reserve's interest rate cuts, long-term positions in the bond market remain hot. This year has seen positive returns from all types of bond funds issued by fund management firms, with non-investment grade bonds from China averaging over 5% and non-investment grade bonds from Asia averaging 4.71%. Despite the cautious stance on future rate cuts by the Fed, the high-yield potential of non-investment grade bonds is highlighted amidst resilient economic conditions and manageable credit risks. Investment in Asian high-yield USD bonds is currently viewed as an attractive opportunity.
Source: YAHOO
Reported about 1 year ago
In order to not let Amazon AWS steal the spotlight, Google Cloud partnered with Taiwan's Ministry of Health and Welfare Bureau on June 13 to launch the nation's first AI medical research collaboration, while Microsoft recently introduced a Traditional Chinese version of its AI assistant Copilot targeting enterprise users. The three major cloud service providers (CSP) are vying for the massive opportunities in enterprise cloud migration and AI, with related resellers in Taiwan expected to benefit. International software companies often serve local customers through resellers to reduce service costs and better meet customer needs. Currently, the agents for the three major CSPs include system integrators and service providers such as Acer Cyberverse, MediaTek, Quanta Computer, and others. AWS is set to announce a data center investment plan in Taiwan on the 12th, followed by Google Cloud Summit Taipei on the 13th where Google Cloud will share the latest cloud and AI trends and announce the milestone AI medical research collaboration with Taiwan's Health and Welfare Bureau. Google Cloud's collaboration aims to facilitate early detection and prevention of chronic diseases like diabetes in Taiwan's healthcare sector amidst the AI wave.
Source: YAHOO
Reported about 1 year ago
With the real estate market seeing increased buying activity and rising prices this year, concerns about overheating and speculation have arisen, prompting the Central Bank to issue three warnings. A survey of financial industry professionals indicated that over half of them anticipate the possibility of a sixth round of housing market regulations. The Central Bank's meeting on the 13th is expected to focus on this issue, with potential for further regulatory measures to be introduced. The market remains uncertain about the effectiveness of previous regulations and awaits further developments.
Source: YAHOO
Reported about 1 year ago
According to a survey by a financial news center, over 90% of financial industry experts predict that the policy interest rate will remain unchanged in the second quarter, despite some dissenting opinions due to the surprise rate hike in the first quarter. Speculation suggests the central bank may maintain its policy due to high economic growth, inflation rates, and a recovering economy, with a majority estimating the exchange rate of the New Taiwan Dollar to possibly rise after a potential Fed rate cut in September.
Source: YAHOO
Reported about 1 year ago
Renowned investor Warren Buffett, also known as the 'Stock God', has increased his stake in Occidental Petroleum by purchasing over 2.57 million shares worth more than $150 million through his investment company Berkshire Hathaway. This move highlights Buffett's positive outlook on the energy sector, particularly in oil and natural gas industries. Occidental Petroleum's stock price decreased to $59.48 per share after the purchase, and Buffett's strategic investment positioning is expected to positively impact the stock's performance in the near future, with the market cautiously optimistic about the company's prospects. Additionally, Occidental Petroleum's collaboration with Berkshire Hathaway to commercialize lithium extraction for electric vehicles and consumer electronics further solidifies its position in the evolving energy market amidst increasing global initiatives towards carbon reduction and electrification.
Source: YAHOO
Reported about 1 year ago
In the past five years, developers in Taiwan have been rushing to acquire large old restaurants, with the redevelopment policy for old and dangerous buildings playing a crucial role. The government implemented the policy in 2017 to speed up the renovation of old houses. With streamlined administrative procedures and volume incentives, developers shifted their focus to properties over 30 years old. As a result, many aging large restaurants have become popular among developers. The policy, initially planned for ten years, has achieved remarkable results in eight years with 3,599 approved cases, revitalizing old areas. The Interior Ministry hinted that the policy might be extended beyond its original deadline, providing more time for developers to benefit from related incentives. This extension would allow the criteria to be applied to buildings over 20 years old, offering more flexibility in planning.
Source: YAHOO
Reported about 1 year ago
Cheng Shufang / Taipei reported on June 9, 2024, at 4:10 pm: Is it better to be close to a big factory, benefiting from its shade, or is it like walking with a tiger? The answer may vary, but for Lei Wei, dealing with top-tier customers, the answer is clear. To succeed, it is crucial to comply with safety regulations, even if that means high application fees based on shipping volume or annual charges. Unlike many others, Lei Wei insists on meeting the safety standards of all countries they serve, outperforming competitors in this field while strategically expanding production lines for future server demand and securing a stable market position.
Source: YAHOO
Reported about 1 year ago
This year will see the longest summer holiday in history, leading to a surge in opportunities for domestic aviation, travel agencies, hotels, restaurants, food, and gaming stocks. Major companies like EVA Air, China Airlines, and more are being targeted by investors ahead of the peak season. Experts predict a rotation towards domestic demand, tourism, aviation, and gaming stocks in June and July, with positive performances observed in non-tech sectors. Gaming stocks have been on the rise recently, with companies like Legend seeing foreign investment growth for eight consecutive days. Despite a temporary high, market experts advise caution in case of a potential market correction below certain levels, while focusing on strong-performing stocks and those reflecting impressive May revenues.
Source: YAHOO
Reported about 1 year ago
The 24th Hota National Children's Traffic Safety Drawing Competition was held with guidance from the Ministry of Transportation and the Ministry of Education, organized by Hota Motor Co., Ltd. and the Hota Youth Welfare Foundation. This year's theme was 'Yielding to Pedestrians' to promote traffic safety awareness among children. A total of 9,455 submissions were received from the preliminary round in December last year to the deadline in March. Winners from the special needs category received awards on the day of the ceremony, while selected finalists from different age groups participated in the final round on June 1, 2024, followed by an award ceremony officiated by various esteemed guests.
Source: YAHOO
Reported about 1 year ago
Despite economic challenges, radiator companies had a good performance in May with increased liquid cooling shipments. Double Hong's May revenue hit the fourth-highest in history at 1.38 billion NTD, up 13.1% monthly and 55.1% annually. Chi Mei set a record as the sixth highest with 5.28 billion NTD. Building Future, Genesis, and LCTech also achieved milestones in May. Nidec's revenue, however, decreased year-over-year. Analysts are optimistic about Double Hong's liquid cooling revenue, estimating a 5-10% share for the year. Overall, radiator companies exceeded expectations in May with impressive revenue growth.
Source: YAHOO
Reported about 1 year ago
In Hanoi, Vietnam, the Taipei Fubon Bank branch manager Lin Jinyuan revealed that due to the US-China trade war and the New Southbound Policy, electronics factories have been relocating from China to North Vietnam, causing a shift in the center of Taiwanese investment from the south to the north. This trend is supported by factors like cost-effective transportation routes and similarities in political, economic, environmental, and cultural aspects between Taiwan and Vietnam. As a result, Taiwan has become a significant investor in North Vietnam, surpassing its investments in the south, especially in the electronics industry.
Source: YAHOO
Reported about 1 year ago
Based on various reports, the Federal Reserve (Fed) is expected to maintain current interest rates in its upcoming announcement on June 12th (Taiwan time, early morning on June 13th) due to stagnation in the US inflation battle and unexpectedly strong May labor market reports. Analysts believe the Fed is unlikely to lower rates before September. Conflicting signals in recent data such as robust labor market but weak manufacturing Purchasing Managers' Index (PMI) for May and lowered first-quarter Gross Domestic Product (GDP) suggest a possible economic slowdown. Markets are closely watching the May Consumer Price Index (CPI) and Producer Price Index (PPI) for clues on future rate movements. Most expect Fed members to revise this year's expected rate cut frequency from 3 to 2 in light of post-March data, with a further decrease possibly waiting for more evidence of inflation cooling.
Source: YAHOO
Reported about 1 year ago
In response to World Environment Day on June 5, Yulon Motors held the 'Restoration of Natural Plant Communities' event at the Yumiao Mountain-Original Forest Restoration Center within its Sanyi plant on June 5. The aim was to restore native tree species, collaborate with Taiwan Forestry Restoration Association, and encourage Yulon's suppliers, subsidiaries, and customers to plant native tree seedlings to create an eco-friendly environment. The event aimed to support World Environment Day's theme of 'Restoring Land, combating desertification and drought' and the conservation of endangered tree species.
Source: YAHOO
Reported about 1 year ago
To prevent escalating trade frictions between China and Europe, Chinese Minister of Commerce Wang Wentao and Vice Minister Ling Ji recently visited various European countries to communicate and lobby, holding several meetings between Chinese and European enterprises to urge both sides to resolve trade disputes through dialogue and negotiation for fair competition. Despite efforts, the European Union is reportedly considering imposing additional tariffs on Chinese electric cars, leading to concerns among Chinese enterprises operating in Europe. Wang emphasized the importance of fair competition and cooperation between China and Europe to achieve mutual benefits.
Source: YAHOO
Reported about 1 year ago
As of June 9, 2024, to boost the real estate market, the Chinese central government released new policies such as lowering down payment ratios, cancelling the lower limit on mortgage interest rates, and reducing housing provident fund rates. Following this, the major cities of Beijing, Shanghai, Guangzhou, and Shenzhen successively announced adjustments to loan rates, leading to a noticeable revival in Guangzhou's real estate market. The volume of new home transactions increased by nearly 40%, while second-hand home signings hit a new high in four months. The '528 New Policy' in Guangzhou has revitalized both the new and second-hand housing markets, with a surge in transaction volume and listings, demonstrating positive market activity.
Source: YAHOO
Reported about 1 year ago
Chairman Li Chunzheng of Liangwei Technology, on June 9, 2024, led the company towards the path of AI server high-current power cords, departing from its origins in Apple's charger cords. Having shifted focus from traditional phone and laptop markets to charging stations and AI servers, Liangwei has expanded its clientele from Apple to include leading companies like ChargePoint, Dyson, and Amazon AWS. This strategic move has resulted in a significant increase in profit margins and revenue for Liangwei, signifying a successful transformation away from reliance on Apple.
Source: YAHOO
Reported about 1 year ago
Following international chip giants like NVIDIA and AMD increasing their investments in Taiwan, global cloud leader Amazon Web Services (AWS) has finalized a large data center investment, making it the third major cloud service provider to establish a large data center in Taiwan after Google and Microsoft. With AWS's upcoming announcement, all three major cloud service providers have now set foot in Taiwan, changing the global hardware industry landscape and intensifying software sector investments as well. AWS's investment, estimated at about $100 million in the initial stage, is expected to include multiple data center constructions in different science parks across Taiwan. The move signifies the trend in enterprise cloud adoption and helps comply with regulations requiring sensitive data to remain within national borders for certain industries like finance and government.
Source: YAHOO
Reported about 1 year ago
Over the past month, major Chinese stock indices have been mixed, with the optimism in the market not continuing despite increased official support for the property market. The CSI 300 and SZSE Component Index fell by 0.85% and 2.1% respectively in the last month; the FTSE China A50 Index, representing large-cap stocks in both markets, slightly rose by 0.06%. Despite varied economic data, including strong exports but weak consumption and real estate, the A50 index remains stable, making it suitable for continued investment. With better-than-expected Q1 GDP growth and ongoing stimulus policies, including looser monetary policies, foreign institutions are revising economic growth estimates upwards for this and next year. Despite a recent large-scale stimulus policy announcement on the property market by the Chinese government, foreign investments show signs of turning cautious, waiting for more data improvement before initiating new capital inflows.
Source: YAHOO
Reported about 1 year ago
Source: NBCSPORTS
Reported about 1 year ago
Sony Pictures Classics’ 4k rerelease of ‘Run Lola Run’ had a successful weekend, opening to an estimated $154k on 275 screens. The film marks the 25th anniversary of its U.S. debut and follows Lola as she races through Berlin to secure 100,000 Deutschmarks in 20 minutes to save her boyfriend’s life. The movie's rerelease demonstrates the ongoing success of indie films in the post-Covid era, with other notable releases achieving box office success.
Source: YAHOO
Reported about 1 year ago
Bad Bunny在波多黎各的演唱會上，與一名舞者在舞台上發生服裝意外事件。當饒舌歌手在聖胡安的演唱會上演唱《Perro Negro》時，其中一名舞者Kiara Yamilette Rodríguez Saldívar在他的褲裆處跳舞，導致她的褲子被卡在他的褲子前面幾秒鐘。其他舞者遮掩視線後，兩人得以解開。事後，Kiara分享了這段影片，並在社交媒體上分享了一張自己穿著破破爛爛的褲子的照片。Bad Bunny在隨後的演出中未報告有服裝故障。
Source: YAHOO
Reported about 1 year ago
Kylie Jenner recently shared vacation photos wearing a bubble skirt, bringing back the Y2K trend that was popularized in the 80s and early 2000s by celebrities like Paris Hilton and Mischa Barton. The bubble skirt is making a comeback in 2024, with Vogue indicating that 'bubble girl style is here.' This nostalgic trend is being seen on runways and influencer feeds, including Kylie's more sophisticated take on the classic piece.
Source: YAHOO