Taiwan to present 4 spotlight experiences at Paris Cultural Olympiad
Tuesday, April 30,2024,14:52
Taipei, April 30 (CNA) Taiwan will present four themed experiences at the upcoming 2024 Cultural Olympiad in Paris, according to Taiwan's Ministry of Culture (MOC) on Tuesday. .. read more..
Hsinchu policeman indicted for accessing, disclosing personal data
Tuesday, April 30,2024,14:28
Taipei, April 30 (CNA) A policeman serving in Hsinchu County has been indicted for alleged offences including abusing his position as a public official to access and disclose personal information, according to a statement issued Tuesdayby the Hsinchu District Prosecutors Office. .. read more..
New NCC chair named, pending Legislature approval
Tuesday, April 30,2024,14:11
Taipei, April 30 (CNA) The Executive Yuan on Tuesday nominated National Communications Commission (NCC) Vice Chairman Wong Po-tsung (翁柏宗) to serve as new NCC chief, pending approval from lawmakers. .. read more..
Iran’s Raisi inaugurates Sri Lanka hydropower project, says West doesn’t have...
Tuesday, April 30,2024,14:00
Ebrahim Raisi, the first Iranian leader to visit Sri Lanka since 2008, says the project marks his country’s ability to share knowledge with other nations. .. read more..
Taiwan-developed generative AI system set to benefit all sectors
Tuesday, April 30,2024,13:58
Taipei, April 30 (CNA) A locally developed traditional Chinese generative AI system has been further upgraded and is expected to be used by and benefit all sectors in Taiwan in the near future, according to an expert leading the project at an AI forum Tuesday. .. read more..
CMGE Turns Its Game To e-Sports With New Tie-Up
Tuesday, April 30,2024,13:46
Key Takeaways: CMGE said it has formed a partnership with Guangzhou Chaojing Investment aimed at tapping the latter’s strong position in e-sports CMGE’s shares rose 3.2% on the news and have rallied 30% in the past week on renewed investors interest in the gaming sector after a prolonged crackdown that is now easing By Doug Young CMGE Technology Group Ltd. (OTC: CMGEF ) is placing a big bet on e-sports, hoping a related new tie-up can bring some “game” back to its sagging stock. Investors seemed to like the idea, with CMGE shares jumping 3.2% on Monday after the company, one of China’s many mid-sized game operators, announced its new tie-up ... .. read more..
Save the jeepneys: Philippine business leaders join call to suspend modernisa...
Tuesday, April 30,2024,13:30
Commerce and labour groups call for urgent review of modernisation initiative that will affect livelihoods and families of countless jeepney drivers. .. read more..
'An intense five years': Read HSBC CEO Noel Quinn's surprise resignation stat...
Tuesday, April 30,2024,13:22
HSBC CEO Noel Quinn said it is "now the right time for me to get a better balance between my personal and business life." .. read more..
Amended act renders electronic signatures legally equal to physical ones
Tuesday, April 30,2024,13:12
Taipei, April 30 (CNA) Electronic signatures have the same legal standing as physical ones in Taiwan, according to amendments passed Tuesday, which further elaborate on the scope of non-physical signatures. .. read more..
Goldman Sachs Tempers Investor Excitement On Tesla Self-Driving Tech In China...
Tuesday, April 30,2024,13:01
Tesla Inc ‘s (NASDAQ: TSLA ) full self-driving, or FSD, technology “is not yet an eyes-off/unsupervised product,” according to Goldman Sachs analyst Mark Delaney . The Elon Musk -led company recently partnered with Beijing-based Baidu Inc. (NASDAQ: BIDU ) as part of an initiative that is expected to pave the way for FSD service in China. “We consider the China news a directional positive,” Delaney said in a research note. The anticipated growth in FSD/software revenue over the long term had already been factored into Goldman Sachs’ valuation. See Also: Tesla CEO Elon Musk Says ‘Going Balls To The Wall’ For Autonomous Driving Is ‘Blindi... .. read more..
Record gold prices boost recycling: WGC
Tuesday, April 30,2024,12:56
RECORD gold prices have sent recycling of the precious metal to the highest level in more than three years, as consumers cash in on jewellery, an industry body revealed on Tuesday (Apr 30). .. read more..
Top Tesla Rival BYD Recalls Over 16,000 Seagull EVs Over Faulty Reversing Cam...
Tuesday, April 30,2024,12:42
Chinese EV giant BYD Co Ltd (OTC: BYDDY ) (OTC: BYDDF ) will be upgrading software on 16,666 units of its Seagull electric vehicles as the reversing screen may not be displayed in them. What Happened: These vehicles were produced between April 7, 2023, and May 31, 2023, and have problems with their camera driver software, which in turn caused the reversing ... Full story available on Benzinga.com .. read more..
Increased power rates to proceed despite opposition motion: Cabinet
Tuesday, April 30,2024,12:35
Taipei, April 30 (CNA) An electricity rate hike implemented earlier this month will not be changed despite a motion passed by lawmakers to terminate the policy, the Executive Yuan said Tuesday. .. read more..
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Tuesday, April 30,2024,12:06
JAPANESE officials may have spent some 5.5 trillion yen (S$52 billion) supporting the currency on Apr 29 to pull it back from new 34-year lows, Bank of Japan data suggested on Tuesday (Apr 30). .. read more..
Taiwan's GDP growth hits 6.51% in Q1 in advance estimate
Tuesday, April 30,2024,11:58
Taipei, April 30 (CNA) Taiwan's gross domestic product (GDP) grew 6.51 percent from a year earlier in the first quarter of this year, beating an earlier forecast of 5.92 percent made in February, largely due to a stronger than expected export performance, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Tuesday. .. read more..
President-elect Lai eyes deeper ties with Japan
Tuesday, April 30,2024,11:57
Taipei, April 30 (CNA) President-elect Lai Ching-te (賴清德) on Tuesday said he looked forward to "strengthening cooperation [with Japan] in various domains" after he takes office on May 20. .. read more..
Malaysian fast food operator QSR shelves IPO plans amid boycott campaign: sou...
Tuesday, April 30,2024,11:56
MALAYSIAN’S QSR Brands, the operator of fast food chains KFC and Pizza Hut in South-east Asia, has indefinitely shelved plans to list on the local stock exchange as its businesses have been affected by boycott campaigns over Israel’s military offensive in Gaza, two sources familiar with the matter told Reuters. .. read more..
Asia And Europe Markets Mixed, Gold Retreats - Global Markets Today While US ...
Tuesday, April 30,2024,11:48
On Monday, April 29th, the U.S. stock markets closed higher, led by significant gains in Tesla and Apple. Investors are waiting for the Federal Reserve’s interest rate decisions. Tesla (NASDAQ: TSLA ) shares surged 15.3% after making headway in securing regulatory approval for its driver-assistance program in China , its second-largest market. In terms of economic indicators, the Dallas Fed Manufacturing index experienced a minor decline to -14.5 in April, down from -14.4 in March. Nine of the 11 S&P 500 sectors finished higher, driven by gains in consumer discretionary, utilities, real estate, materials, and industrials, while Comm... .. read more..
Taiwan shares reverse earlier upturn ahead of Fed meeting
Tuesday, April 30,2024,11:32
Taipei, April 30 (CNA) Shares in Taiwan closed down almost 100 points below the 20,400-point mark Tuesday, reversing earlier gains amid caution ahead of a policymaking meeting scheduled by the U.S. Federal Reserve to open later in the day, dealers said. .. read more..
New rules highlighted as personal income tax filing season to begin
Tuesday, April 30,2024,11:24
Taipei, April 30 (CNA) When Taiwan's 6.7 million households start filing their annual individual income tax returns on May 1, there will be a few changes from last year, including an increase in the basic cost of living allowance, the Ministry of Finance said Tuesday. .. read more..
Key arguments from constitutional court's debate on death penalty
Tuesday, April 30,2024,11:10
Taipei, April 30 (CNA) Taiwan's constitutional court debated the constitutionality of the death penalty on April 23, in a case brought by 37 petitioners who are currently on death row. .. read more..
Tesla’s Musk snubs India with ‘shock’ China visit. But was it ‘shoddy ethics ...
Tuesday, April 30,2024,11:00
Tesla CEO Elon Musk cancelled his meeting with India PM Modi last week, and instead went to China to make progress towards an advanced driver assistance package. .. read more..
Average starting salary for new graduates up US$30 in 2023: MOL
Tuesday, April 30,2024,10:50
Taipei, April 30 (CNA) The nominal starting salary for people on their first job averaged NT$35,000 per month last year, up 2.9 percent, or NT$1,000 (US$30.7), year-over-year, according to data published Tuesday by the Ministry of Labor (MOL). .. read more..
Invoice lottery to draw 300,000 more winners with cloud-based receipts
Tuesday, April 30,2024,09:58
Taipei, April 30 (CNA) The number of cloud-based receipts that will be eligible for a NT$500 (US$15.33) prize in the invoice lottery will increase from 1.65 million to 1.95 million per draw until December 2024, the Ministry of Finance (MOF) announced Tuesday. .. read more..
Manufacturing sector turns stable due to AI development
Tuesday, April 30,2024,09:50
Taipei, April 30 (CNA) The local manufacturing sector became stable in March as the export-oriented Taiwanese economy was boosted by increasing artificial intelligence development, the Taiwan Institute of Economic Research (TIER) said Tuesday. .. read more..
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Tuesday, April 30,2024,09:45
SINGAPORE stocks closed higher on Tuesday (Apr 30), tracking a broader gain across regional markets. .. read more..
US$1.3 billion Powerball win draws attention to Laos’ ethnic group from China...
Tuesday, April 30,2024,09:39
The winner of the US$1.3 billion Powerball jackpot is an immigrant from Laos who has cancer, but identifies as a member of the Iu Mien people, a southeast Asian ethnic group with origins in China. .. read more..
'Plum rain' season forecast to bring normal to below normal amount of rain: CWA
Tuesday, April 30,2024,09:35
Taipei, April 30 (CNA) The rainfall during the upcoming "plum rain" season in Taiwan is expected to be normal or below normal this year, though it will likely be more concentrated during certain periods of time, the Central Weather Administration (CWA) predicted Tuesday. .. read more..
Microsoft CEO unveils US$1.7 billion outlay over four years in Indonesia to b...
Tuesday, April 30,2024,09:12
Indonesia has offered the island of Bali and the nation’s new capital Nusantara as potential locations for Microsoft’s new research facility and data centre. .. read more..
Asian Shares Gain Led By Japan; China Stocks Slip
Tuesday, April 30,2024,08:38
Asian stocks rose broadly on Tuesday, with Chinese markets underperforming after the release of mixed PMI data. .. read more..
Singapore jails Chinese national 15 months for role in US$2.2 billion money l...
Tuesday, April 30,2024,08:33
A 45-year-old man, Zhang Ruijin, linked to Singapore’s largest money laundering case, was sentenced to 15 months’ jail on Tuesday. The sentence is the harshest meted out so far in the US$2.2 billion case. .. read more..
Taichung imposes fine, 4-year ban on abusive preschool teacher
Tuesday, April 30,2024,08:32
Taipei, April 30 (CNA) The Taichung Bureau of Education on Tuesday said it has fined and imposed a four-year teaching ban on a preschool teacher who threatened a child with scissors, while also ordering the school that employed her to halt new enrollments for one year. .. read more..
Over 40,000 kg of Chinese dried chili seized at Taiwan border
Tuesday, April 30,2024,08:22
Taipei, April 30 (CNA) Three shipments of dried chili imported from China totaling 41,040 kilograms were recently intercepted at Taiwan's border after being found to contain excessive pesticide residue, Taiwan's Food and Drug Administration (TFDA) said Tuesday. .. read more..
U.S. dollar closes lower on Taipei forex market
Tuesday, April 30,2024,08:13
Taipei, April 30 (CNA) The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.016 to close at NT$32.542. .. read more..
Asia's first spot bitcoin and ether ETFs debut in Hong Kong
Tuesday, April 30,2024,07:59
Hong Kong on Tuesday became the first in Asia to offer retail investors the ability to trade the cryptocurrencies at spot prices. .. read more..
Thailand records current account surplus of US$1.1 billion in March
Tuesday, April 30,2024,07:44
Thailand recorded a current account surplus of US$1.1 billion in March, after a surplus of US$2 billion in the previous month, the central bank said on Tuesday (Apr 30). .. read more..
Thai economic growth slows in March due to soft demand, tourism
Tuesday, April 30,2024,07:44
THAILAND’S economic growth slowed in March due to weaker demand and tourism and was expected to have expanded about 1 per cent on a quarterly and annual basis, after stronger growth earlier in the year, the central bank said on Tuesday (Apr 30). .. read more..
Singapore records fall in foreign worker numbers for first time in 2 years
Tuesday, April 30,2024,07:38
But applications from foreigners for higher-skilled employment passes have picked up in line with improved business expectations, said a report released on Tuesday. .. read more..
Taiwan holds first Canadian seminars outside capital to promote CPTPP bid
Tuesday, April 30,2024,07:30
Taipei, April 30 (CNA) Taiwan's government held two rounds of seminars in Canada last week as part of its bid to join a regional trade bloc of which the North American country is a member, a senior Taiwanese diplomat said Tuesday. .. read more..
China 'mischaracterizing' U.N. resolution: U.S. official
Tuesday, April 30,2024,07:24
Washington, April 29 (CNA) China is mischaracterizing United Nations Resolution 2758 for its own interest by conflating it with its "one-China principle," Mark Lambert, the U.S. Department of State China coordinator and deputy assistant secretary for China and Taiwan, said Monday. .. read more..
Draft carbon pricing laws to only have limited impact: Experts
Tuesday, April 30,2024,07:21
Taipei, April 30 (CNA) Three laws proposed by the Ministry of Environment to promote carbon reduction through the use of carbon fees would only have a limited impact on reining in emissions if adopted, experts warned Monday. .. read more..
Drunk Japan Airlines pilot causes Dallas-Tokyo flight cancellation after poli...
Tuesday, April 30,2024,06:32
The airline’s decision to cancel the flight stemmed from the need to assess the captain’s physical and mental well-being, according to reports. .. read more..
Taiwan shares close down 0.48%
Tuesday, April 30,2024,06:00
Taipei, April 30 (CNA) Taiwan shares closed down 98.92 points, or 0.48 percent, at 20,396.6 Tuesday on turnover of NT$357.59 billion (US$10.97 billion). .. read more..
IMF raises its Asia growth forecast for 2024, highlights India's growth and C...
Tuesday, April 30,2024,05:49
The upward revision reflects upgrades for China, the IMF said, where it expects policy stimulus to provide support. .. read more..
Bangkok airports set for US$4.8 billion expansion as tourism booms
Tuesday, April 30,2024,05:34
THE operator of Bangkok’s two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-pandemic tourism. .. read more..
After ‘really shocking’ LDP losses in Japan’s special elections, can Fumio Ki...
Tuesday, April 30,2024,05:30
Observers say Japan’s prime minister is going to need a political miracle to remain in office after his Liberal Democratic Party suffered an electoral drubbing over the weekend. .. read more..
Daytime highs in northern Taiwan to dip nearly 10 degrees Wednesday
Tuesday, April 30,2024,05:13
Taipei, April 30 (CNA) Daytime highs in northern Taiwan could plunge 10 degrees Celsius on Wednesday, the Central Weather Administration (CWA) has forecast. .. read more..
Microsoft to invest US$1.7 billion in cloud, AI in Indonesia: CEO
Tuesday, April 30,2024,05:12
MICROSOFT will invest US$1.7 billion in Indonesia to empower the South-east Asian country with cloud services and artificial intelligence, including by building data centres, visiting chief executive Satya Nadella said on Tuesday. .. read more..
Southeast heatwave: Thailand’s heat index tops 52 degrees as Philippines risk...
Tuesday, April 30,2024,05:02
Bangkok’s heat index – a measure of how hot it feels like when humidity is taken into account – was listed as above 52 degrees Celsius (125 degrees Fahrenheit) on Tuesday. .. read more..
Sensex, Nifty Modestly Higher; Auto Stocks Climb
Tuesday, April 30,2024,04:28
Indian shares traded slightly higher on Tuesday, tracking firm cues from global markets. .. read more..