2409 taiwan stock

Share to Twitter Share to Linkedin Part I: Bonds Conventional wisdom is that bonds always protect portfolios from stock declines. This would require a strong negative correlation between stocks and bonds. Evidence suggests: The stock/bond correlation is small and may even be slightly positive. Bond returns can be negative even when stock returns are negative. Rising interest rates reduce bond prices and affect bond returns negatively. Rising interest rates can also affect stock returns negatively. However, other factors also affect stock returns. Hence the minimal correlation. Even though stocks and bonds can decline at the same time, the limited stock/bond correlation means that holding bonds can still offer substantial diversification to your portfolio. The first half of 2022 delivered very poor investment returns. Stock returns were negative across the board. The broad US stock market Russell 3000 index and the world stock market … [Read more...] about Why Are Stocks And Bonds Both Down?

This handout picture taken and released by Taiwan’s Ministry of Foreign Affairs (MOFA) on August 14, 2022 shows (L-R) US Representatives Alan Lowenthal, John Garamendi, Don Beyer and Aumua Amata Coleman Radewagen posing with Taiwanese diplomat Douglas Yu-tien Hsu (C) after arriving at Sungshan Airport in Taipei. – A US congressional delegation arrived in Taiwan on August 14, Washington’s de facto embassy in Taipei said, days after China held military drills around the island in retaliation for US House Speaker Nancy Pelosi’s visit. (Photo by Handout / MINISTRY OF FOREIGN AFFAIRS / AFP) TAIPEI, Taiwan — A U.S. congressional delegation arrived in Taiwan on Sunday, officials said, days after China held military drills around the island in retaliation for U.S. House Speaker Nancy Pelosi’s visi t. Sunday’s unannounced trip came after Pelosi infuriated Beijing by visiting Taiwan earlier this month, sparking unprecedented air and sea drills that raised the prospect of conflict. The … [Read more...] about US congressional delegation arrives in Taiwan on heels of Pelosi visit

Share to Twitter Share to Linkedin Topline A congressional delegation landed in Taiwan early Sunday morning to meet with Taiwanese leaders and discuss U.S.-Taiwan relations, just weeks after House Speaker Nancy Pelosi’s controversial visit sparked major tensions with China, which claims the island. Key Facts Sen. Ed Markey (D-Mass.) and Reps. John Garamendi (D-Calif.), Alan Lowenthal (D-Calif.), Don Beyer (D-Va.), and Aumua Amata Coleman Radewagen, (R-American Samoa) will visit Taiwan Sunday and Monday as part of a larger visit to the Indo-Pacific region, according to a statement from the American Institute in Taiwan. The delegation, led by Markey, will also discuss regional security, trade and investment, global supply chains, climate change and other issues, according to the statement. Taiwan’s Ministry of Foreign Affairs shared a photo of vice foreign minister Alexander Yui greeting Markey upon his arrival, and thanked the “like-minded … [Read more...] about U.S. Congressional Delegation Lands In Taiwan After Pelosi’s Controversial Visit

Taiwan’s Foreign Ministry Department of North American Affairs Director-General Douglas Hsu welcomes U.S. Representatives Alan Lowenthal, John Garamendi, Don Beyer and Aumua Amata Coleman Radewagen at Taipei Songshan Airport in Taipei, Taiwan in this handout image released August 14, 2022. Taiwan Ministry of Foreign Affairs/Handout via REUTERS TAIPEI/WASHINGTON — A delegation of U.S. lawmakers arrived in Taiwan on Sunday for a two-day trip during which they will meet President Tsai Ing-wen, the second high-level group to visit while there are military tensions between the self-ruled island and China. Beijing, which claims democratically governed Taiwan as its own territory, has conducted military drills around the island after U.S. House of Representatives Speaker Nancy Pelosi’s visit to Taipei in early August. China has long claimed sovereignty over the island. Taiwan’s government rejects China’s claims and says the island’s people should decide its future. The de facto U.S. … [Read more...] about US lawmakers arrive in Taiwan with China tensions simmering

- A + A NEW YORK: Optimism is seeping back into the US stock market, as some investors grow more convinced that the economy may avoid a severe downturn, even as it copes with high inflation. The benchmark S&P 500 has rebounded about 15% since mid-June, halving its year-to-date loss, and the tech-heavy Nasdaq Composite is up 20% over that time. Many of the so-called meme stocks that had been pummeled in the first half of the year have come screaming back, while the Cboe Volatility Index, known as Wall Street’s fear gauge, stands near a four-month low. In the past week, bullish sentiment reached its highest level since March, according to a survey from the American Association of Individual Investors. Earlier this year, that gauge tumbled to its lowest in nearly 30 years,when stocks swooned on worries over how the Federal Reserve’s monetary tightening would hit the economy. “We have experienced a fair amount of pain, but the perspective in how people are trading … [Read more...] about Soft landing hopes for US economy brighten outlook on stocks

Share to Twitter Share to Linkedin Warren Buffett is working with Jeff Bezos and Jamie Dimon on a healthcare non profit. Photograph by Martin Schoeller Three of the biggest and most powerful companies in America are joining forces in a non profit push to cut healthcare costs. On Tuesday, Jeff Bezos's Amazon.com, Warren Buffett's Berkshire Hathaway and Jamie Dimon's JPMorgan Chase , three companies with a collective 1 million-plus workers and a combined market capitalization of over $1.5 trillion, unveiled a non profit healthcare venture targeted at cutting spiraling costs for their employees. The partnership brings together the most powerful players in technology, insurance and finance and they aren't mincing words about the impetus of their endeavor. “The ballooning costs of healthcare act as a hungry tapeworm on the American economy," said Warren Buffett, in a shared press release. Added Bezos, a master of disrupting industries, “hard as … [Read more...] about Healthcare Stocks Plunge As Buffett, Bezos And Dimon Team Up To Fight “Tapeworm” Costs On Economy

Share to Twitter Share to Linkedin Topline Seeking to cut costs and end a flood of red ink, Peloton is planning to raise prices on key products, shutter stores and lay off hundreds of workers, according to a memo from CEO Barry McCarthy. Key Facts The at-home fitness company will raise the price of the Bike+, its higher-end stationary bike, by 25% to $2,495 and its treadmill by 30% to $3,495, according to the memo seen by Forbes and other outlets. McCarthy wrote the company plans to pursue a “significant and aggressive reduction of Peloton’s retail footprint,” though he doesn’t expect to close any storefronts by the end of the year. McCarthy also said Peloton plans to fire delivery and customer service employees, and a Peloton spokesperson told Forbes 784 workers will be affected. Peloton shares surged on the news first reported by Bloomberg , rising nearly 11% to $13.46 in early Friday afternoon trading. Big Number 92%. … [Read more...] about Peloton Unveils Price Hikes, Store Closures And Layoffs

- A + A MUMBAI/BENGALURU (Aug 14): India's best-known stock investor Rakesh Jhunjhunwala, dubbed the country's Warren Buffett, died on Sunday, prompting an outpouring of tributes for a self-made billionaire whose fortunes rose with the country's economy. Jhunjhunwala died at the age of 62, a week after the launch of his budget airline, Akasa Air. He had looked and sounded frail promoting the carrier. The cause of his death was not immediately known. He is survived by his wife, whom he used to call his only client, and three children. He leaves stakes in around three dozen Indian companies and a legacy of quoting one-liners like "the trend is your friend" and "the only rule I have is there are no rules". "All I've known is trading and investing. I don’t want to do anything else in life," Jhunjhunwala told Reuters 10 years ago. "I'll call it quits the day I die." On Monday, he told CNBC-TV18 that India's economy, Asia's third-biggest, was "entering a golden … [Read more...] about Rakesh Jhunjhunwala, ‘India’s Warren Buffett’, dies at 62

Market experts on Sunday mourned the demise of ace investor Rakesh Jhunjhunwala and said his strong belief in the country’s growth story and ”unshakeable” confidence in markets made him one of a kind. The 62-year-old Jhunjhunwala passed away on Sunday morning in Mumbai. Condoling his death, Zerodha co-founder Nikhil Kamath tweeted, ”There will never again be someone like you, RIP.” Often referred to as ’India’s Warren Buffett’ and the ’Big Bull’ of Indian markets, Jhunjhunwala’s net worth was USD 5.8 billion (about Rs 46,000 crore), according to Forbes. B Gopkumar – MD and CEO, Axis Securities, said Jhunjhunwala will be missed for the sheer energy he brought to the TV studios. ”His strong belief in India growth story and his bullishness on Indian markets are a tale of legend. He proved to each and everyone that if one stays invested in quality companies for long then wealth generation is almost assured,” he added. Hailing Jhunjhunwala as the biggest believer in the … [Read more...] about Market experts mourn Rakesh Jhunjhunwala’s demise; remember him as believer in India’s story, bullish investor

Elon Musk teased a new social media site "X.com" in a cryptic tweet. Tech billionaire Elon Musk has teased a potential new social media platform in a cryptic tweet amid the ongoing bitter legal feud with Twitter. While responding to a question to one of his 103 million followers, the Tesla CEO revealed the name of the apparent site. “Have you thought about creating your own social platform? If Twitter deal doesn’t come through?” the “Tesla Owners Silicon Valley” Twitter account asked. “X.com,” came Musk’s reply. https://t.co/bOUOejO16Y — Elon Musk (@elonmusk) August 10, 2022 “X.com” was the domain of a startup that Musk had founded in 1999 and eventually merged with PayPal. In 2017, Musk reacquired the domain name from PayPal. Soon after came an announcement that he had re-launched the site but is completely blank except for a small “x” on the top left corner of a white screen. Close He didn’t elaborate further on “X.com” in his tweets. His … [Read more...] about Elon Musk teases new social media site ‘X.com’ amid bitter Twitter legal feud