• 09/20/2024

Stock Futures Hover After Jobs Report

Wall Street Journal Stock futures were little changed after Friday’s jobs report, which showed U.S. hiring had cooled but remained solid in March. Bond yields edged down. https://www.wsj.com/articles/oil-prices-edge-up-stocks-waver-10cc9828

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China’s Car Sales Edged Higher

Wall Street Journal Growth in China’s car sales slowed in March as car buyers hesitated to make purchases amid a price war among major car makers. https://www.wsj.com/articles/chinas-car-sales-edged-higher-in-march-7e66301d

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China’s New IPO Rules Tipped to Speed Up Listings, Boost Pricing Efficiency

Wall Street Journal The first stocks to list on China’s main boards under a new mechanism had strong debuts amid enthusiasm for a revamped system. https://www.wsj.com/articles/chinas-new-ipo-rules-tipped-to-speed-up-listings-boost-pricing-efficiency-57a8393c

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Taiwan’s fuel inventory adequate during China’s military drills: Minister

Taipei, April 10 (CNA) Economics Minister Wang Mei-hua (王美花) said Monday that Taiwan’s current fuel inventory is enough to last for 11 days, which is adequate during the three-day military exercises being held in surrounding areas by China. https://focustaiwan.tw/business/202304100012

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U.S. dollar closes higher on Taipei forex market

Taipei, April 10 (CNA) The U.S. dollar rose against the Taiwan dollar Monday, gaining NT$0.006 to close at NT$30.452. https://focustaiwan.tw/business/202304100011

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New Taipei to ban disposable plastic cups at drink shops next month

New Taipei, April 10 (CNA) Beverage shops in New Taipei will be required to stop providing single-use plastic cups, starting in May, in order to cut down on plastic waste, the city government said Monday. https://focustaiwan.tw/society/202304100010

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Taiwan records sharp rise in outbound travel in early 2023

Taipei, April 10 (CNA) The number of overseas departures from Taiwan in the first two months of the year rose to more than 1 million, a figure that was 15 times higher than a year earlier, when travel was crippled by border controls during the COVID-19 pandemic, according to the Tourism Bureau. https://focustaiwan.tw/society/202304100009

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Volkswagen aims to fill China’s electric car industry talent void with new academy in Hainan

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The German carmaker will set up an academy in Hainan province with the aim of training local talent for the electric vehicle industry as it vies for a larger share of the sector. https://www.scmp.com/business/companies/article/3216547/volkswagen-aims-fill-chinas-electric-car-industry-talent-void-new-academy-hainan?utm_source=rss_feed

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Chinese scientists find a way to restore body’s cancer-fighting cells

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Peer-reviewed study provides ‘new strategies’ to enhance immunotherapy treatments based on the immune system’s natural killers. https://www.scmp.com/news/china/science/article/3216542/china-scientists-find-way-restore-bodys-cancer-fighting-cells?utm_source=rss_feed

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Chinese aircraft carrier drills pose threat to eastern Taiwan: Experts

Taipei, April 10 (CNA) Warplanes from the Chinese aircraft carrier Shandong, which is currently located about 200 nautical miles east of Taiwan, successfully conducted takeoff and landing drills on Sunday, which local military specialists warned could pose a serious threat to eastern Taiwan if a war breaks out. https://focustaiwan.tw/cross-strait/202304100008

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