Wei Canwen, chairman of the Machinery Association, said that China is the biggest beneficiary of government controls on the export of machine tools and equipment to Russia. (Photo by reporter Lin Jinghua) [Reporter Lin Jinghua/Reported from Taipei]Wei Canwen, chairman of the Machinery Association, said today (27th) that the biggest beneficiary of the government’s control over … Read more
China’s funds have dried up, and many Cambodian airports are facing unfinished business. (Image via AP) Chen Lizhu/Verification Editor [Financial Channel/Comprehensive Report]China’s economy is in a sluggish state, and many Belt and Road infrastructure projects are beginning to suffer from lack of funds. Japanese media revealed that many airports in Cambodia are in danger of … Read more
Robert Kiyosaki, author of the best-selling investment and financial management book “Rich Dad, Poor Dad”, sees the price of gold reaching $3,700. [Financial Channel/Comprehensive Report]The Israeli-Palestinian conflict has pushed up international gold prices. Last week, the gold price reached a maximum of US$1,993 per ounce, approaching the US$2,000 mark. Robert Kiyosaki, author of the best-selling … Read more
Withdrawing from the Russian market, Heineken sells the Russian business for 1 euro. (Associated Press)☆Drinking too much alcohol is harmful to health, and drinking and driving is prohibited☆ [Financial Channel/Comprehensive Report]After the Ukrainian-Russian war broke out, foreign-funded enterprises withdrew from the Russian market one after another, but the Kremlin retaliated by seizing some foreign-funded assets. … Read more
The New Taiwan dollar has shrunk, ending 4 consecutive depreciations, closing at 31.67 yuan. (Photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]Under the recovery of AI concept stocks, Taiwan stocks rose by more than 100 points today, encouraging the NT dollar to end its 4 consecutive depreciations against the US dollar, closing at 31.67 … Read more
India is now banning exports of white rice as experts say a sudden reduction in supply could exacerbate global food inflation. (AFP) [Financial Channel/Comprehensive Report]India has recently been affected by bad weather. Not only has the local tomato production dropped sharply and prices have soared, but the output of most crops is not as good … Read more
Supported by Taiwan stocks, the New Taiwan dollar depreciated by 2.9 cents to close at 30.754 yuan (photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]Although Taiwan stocks opened higher and went higher, almost breaking the “ten thousand seven”, the exchange rate trend of the NT dollar against the US dollar diverged from that of … Read more