Taiwan Stocks Fall and Asian Currencies Depreciate: Impact of Strengthening US Dollar

Taiwan Stocks Fall and Asian Currencies Depreciate: Impact of Strengthening US Dollar

Taiwan stocks fell, Asian currencies fell! The New Taiwan dollar has been depreciated by nearly 1 cent, and the temporary closing price is 31.762 yuan (photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]Taiwan stocks reversed and fell today, coupled with the strengthening of the U.S. dollar, Asian currencies fell, and funds were remitted on … Read more

Thailand’s Rice Export Boom Amid India’s Export Ban: No Plans to Halt Exports

Thailand’s Rice Export Boom Amid India’s Export Ban: No Plans to Halt Exports

Reuters reported on August 7 that Thailand is benefiting from India’s rice export ban and there is no reason to stop the country’s exports because the country has enough production to meet exports and domestic consumption, the country’s commerce minister said on Monday. Thailand’s Commerce Minister Jurin Laksanawisit told a news conference that India’s ban … Read more

Global Manufacturing PMI in July: End of 4th Consecutive Month of Decline

Global Manufacturing PMI in July: End of 4th Consecutive Month of Decline

On August 6, the China Federation of Logistics and Purchasing released data showing that the global manufacturing PMI (purchasing managers index) in July was 47.9%, an increase of 0.1 percentage points from the previous month, ending the trend of four consecutive months of month-on-month decline. Qi Zhengyan, an analyst at the China Logistics Information Center, … Read more

China’s Support for the Temporary Ceasefire Agreement in Colombia: A Statement from the Ministry of Foreign Affairs

China’s Support for the Temporary Ceasefire Agreement in Colombia: A Statement from the Ministry of Foreign Affairs

According to the website of the Ministry of Foreign Affairs, the spokesperson of the Ministry of Foreign Affairs answered a reporter’s question on the temporary ceasefire agreement between the Colombian government and the anti-government armed forces. Q: Recently, the Colombian government and the “National Liberation Army of Colombia” announced a 180-day temporary ceasefire agreement across … Read more

Philippine Inflation Rate Continues to Decline, Reaches 4.7% in July

Philippine Inflation Rate Continues to Decline, Reaches 4.7% in July

According to data released by the Philippine National Bureau of Statistics on the 4th local time, the country’s inflation rate fell to 4.7% in July, slowing down for the sixth consecutive month. Data show that the inflation rate in the Philippines in July narrowed by 1.7 percentage points compared with the same period last year, … Read more

Mega Oil Spill Forces Closure of Mexico’s Largest Oil Terminal, Causing Costly Losses in Peak Demand Season

Mega Oil Spill Forces Closure of Mexico’s Largest Oil Terminal, Causing Costly Losses in Peak Demand Season

2023-08-02 04:50:54 [Mexico oil terminal is closed due to oil spill, the loss of export capacity in peak demand season is costly] Pemex has shut down the country’s largest oil export terminal due to an oil spill. On Sunday (July 30), a crude oil leak occurred in a hose set at the FPSO oil export … Read more

New Energy Car Sales and Delivery Report Cards for July: BYD, Ideal, NIO, and Xiaopeng Motors Lead the Way

New Energy Car Sales and Delivery Report Cards for July: BYD, Ideal, NIO, and Xiaopeng Motors Lead the Way

On August 1, a number of new energy car companies announced the sales and delivery report cards for July, once again highlighting the trend of competition in the auto market. Compared with June, the sales of most new energy car companies have increased. Among them, BYD sold 262,200 vehicles in July, an increase of 61.30% … Read more

Taiwan Dollar Breaks Through 31.5 Yuan Mark as Japanese Yen Depreciates: Latest Updates

Taiwan Dollar Breaks Through 31.5 Yuan Mark as Japanese Yen Depreciates: Latest Updates

The Taiwan dollar breaks through the 31.5 yuan barrier, and it is temporarily closed at 31.507 yuan at noon(Photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]The Bank of Japan announced the bond purchase operation, which caused the yen to continue to fall. In addition, AI concept stocks weakened, and Taiwan stocks fluctuated. At noon, … Read more

Rising Temperatures in Western U.S. Result in Severe Crop Diseases and Pests

Rising Temperatures in Western U.S. Result in Severe Crop Diseases and Pests

Since the beginning of summer this year, many places in the western United States have been hit by heat waves, with temperatures hitting record highs. This not only brought troubles to the daily life of the local people, but also gave birth to serious crop diseases and insect pests, resulting in extensive losses of crops. … Read more

Cracks Continue to Plague “Tallest and Fastest” Roller Coaster in North America

Cracks Continue to Plague “Tallest and Fastest” Roller Coaster in North America

According to a report by CNN on July 29, local time, a crack may have appeared on the top of a pillar of a roller coaster track at an amusement park in Charlotte, North Carolina. If confirmed, it would be the second crack in the coaster within a month. Crews discovered an additional “sign of … Read more