Page 43 - Yangming News Today

CSBC ends five quarters of losses By Kao Shih-ching / Staff reporter CSBC Corp, Taiwan (台船) yesterday reported a pretax profit of NT$34 million (US$1.2 million) for last quarter, ending five consecutive quarters of losses. The turnaround could be attributed to cost improvements and lower foreign exchange volatility, a CSBC official told the Taipei Times by telephone. Although the shipbuilder’s revenue fell 17.65 percent annually to NT$4.52 billion in the first quarter, its costs dropped...

EQUITIES <strong>Foreign buying declines</strong> Foreign investors last week bought a net NT$17.39 billion (US$611.1 million) of local shares after buying a net NT$18.86 billion a week earlier, the Taiwan Stock Exchange said in a statement yesterday. The top three stocks bought by foreign investors were AU Optronics Corp (AUO, 友達光電), Winbond Electronics Corp (華邦電子) and Inventec Corp (英業達), while the top three sold were Innolux Corp (群創), Compal Electronics ...

1 of 10 A man reads a newspaper reacting to the news of the assault on U.S Congress, on a street in Lagos, Nigeria, Thursday Jan. 7, 2021. News reports show police with gun drawn as protesters try to break into the House Chamber at the U.S. Capitol on Wednesday, Jan. 6, in Washington, USA.(AP Photo/ Sunday Alamba) 2 of 10 A waiter gestures in front a TV screen broadcasting news reports on U.S. President Donald Trump, in Rivas Vaciamadrid, Spain, Thursday, Jan. 7, 20...

SILVER SPRING, Md. (AP) — The level of imported goods to the U.S. in January reached...

2021-02-26 17:59 　 By: Xinhua 　 BEIJING, Feb. 26 (Xinhua) -- All eyes are on the destination of former Bayi players during the Chinese Basketball Association (CBA) leagues ongoing registration window, as it might stir the title-contending scenario with powerhouses scooping important pieces into their rosters. As the Bayi team has dissolved, the topic of former Bayi players next stop has been of interest to many people. Prior to the third stage of ...

Union Pacific this past summer scored a big win in the international intermodal market when it inked a deal with Hyundai Merchant Marine (HMM), securing new business and capitalizing on an efficient service product.

The COVID-19 pandemic proved good for business for the world’s ocean carriers. 2020 was very good for South Korea’s HMM, which announced Tuesday a billion-dollar turnaround to record its highest operating profit ever. Highest ever says a lot considering HMM, formerly known as Hyundai Merchant Marine, has been around for more than 40 years. And ...

By Mike Wackett (The Loadstar) – South Korean ocean carrier HMM has posted its first annual profit for five years, despite a decrease in its liftings.  Revenue last year surged by 16.3%, compared with 2019, to $5.43bn, earned from a 9.2% decline in its container volume to 3.89m teu.  Net profit came in at $105m, in comparison with a loss of $500m the year before.  HMM moved back into the black in the fourth quarter, recording a net profit $137m, after 15 consecutive loss-making quarter...

Yang Ming to Take Delivery of One More 11,000 TEU Ship Given the increased demand prior to Chinese New Year and THE Alliance’s service deployment, Yang Ming Marine Transport Corp. (Yang Ming) will take delivery of one more 11,000 TEU new chartered vessel ‘YM Target’ on February 5th. With the support from the ship owner, YM Target can be delivered and join Yang Ming’s global fleet nearly three months ahead of schedule. The vessel will be deployed to THE Alliance’s Trans-Pacific route P...

Secretly filmed footage has exposed how cheap koala and kangaroo toys made in China are shipped here and then tagged as Australian Made. SEE THE FOOTAGE: