Earthquake off the Philippines raises tsunami threat; Japan on alert in multiple areas, urges people to stay away from coast
Published ・ Source Taiwan | 中央社 CNA
An M7.8 earthquake struck off the Philippines, and 日本気象庁 issued tsunami advisories across a wide area of Japan’s Pacific coast. Residents were urged to stay away from the shore.
National Yang Ming Chiao Tung University develops smart mirror surface to precisely reflect signals and prevent disruptions
Published ・ Source Taiwan | 中央社 CNA
A research team at National Yang Ming Chiao Tung University has developed a “reconfigurable intelligent surface device” that intelligently reflects signals to improve communication quality. The technology addresses signal blockage by obstacles such as walls and could improve connectivity in crowded settings such as stations and concert venues, as well as in remote areas through links with satellite communications.
Chiang Wan-an on claims of political attacks during public servants’ holidays: “We will not let frontline workers’ efforts be erased”
Published ・ Source Taiwan | 中央社 CNA
Taipei Mayor Chiang Wan-an responded to criticism from Democratic Progressive Party mayoral candidate Shen Boyang, saying it is not normal for public servants to work overtime on weekends for political attacks. He said he supports frontline public servants and will not allow their efforts to be erased.
Taiwan stocks pare intraday losses as TSMC props up market; index climbs back above 43000 points
Published ・ Source Taiwan | 中央社 CNA
Taiwan’s stock market fell as much as 2694 points on the 8th, following a sharp drop in U.S. stocks, marking its largest-ever decline. The losses later narrowed as heavily weighted stocks such as TSMC held up and investors bought bargains, bringing the Taiwan Stock Exchange Weighted Index back to 43108 points. Markets remain wary of overheating in AI-related stocks and the risk of rising interest rates.
Companies mentioned:台積電(TSMC)、聯発科技(MediaTek)、台達電子(Delta Electronics)、鴻海精密工業(Hon Hai)、国巨(Yageo)、南亜科技(Nanya Technology)、華邦電子(Winbond)、旺宏電子(Macronix)、友達光電(AUO)、群創光電(Innolux)、欣興電子(Unimicron)、南電(Nan Ya PCB)、金像電(Gold Circuit Electronics)、臻鼎-KY(Zhen Ding Technology)、信驊科技(ASPEED)、穎崴科技(WinWay)、川湖科技(King Slide)、精測(Chunghwa Precision Test Tech)、宜鼎(Innodisk)、台燿科技(Taiwan Union Technology)、雍智科技(Yongzhi Technology)、新応材(Shin-Etsu Chemical)、波若威(Browave)
Strong earthquake in the Philippines; Tourism Administration says no Taiwanese tour groups affected
Published ・ Source Taiwan | 中央社 CNA
A powerful magnitude 7.8 earthquake struck off the southern Philippines. Taiwan’s Tourism Administration said it had found no Taiwanese tour groups affected by the quake so far and would continue to monitor the situation.
Front and southwesterly winds combine to bring heavy-rain warnings for 16 cities and counties
Published ・ Source Taiwan | 中央社 CNA
The weather agency issued heavy-rain warnings for 16 cities and counties. As a front approaches and southwesterly winds strengthen, localized heavy rain is forecast south of Yunlin and in mountainous areas in the afternoon, with vigilance needed through the evening.
AI bubble concerns mount as Wall Street starts to get nervous
Published ・ Source Taiwan | 中央社 CNA
A strong U.S. jobs report triggered a market sell-off, sending the Nasdaq down 4.2% and fueling concerns of an AI bubble. Wall Street warned that further market turbulence could lie ahead, while Bridgewater Associates founder Ray Dalio said the frenzy around AI-related stocks had formed a classic bubble.