Boyce Thompson

Maltster United Malt's (ASX: UMG) FY22 first half revenue grew 11% to A$652 million, driven by increased customer demand in the countries' home markets, combined with higher barley prices. This growth was partially offset by the impact of the Canadian drought which affected barley quality, supply chain disruptions and higher customer input costs.

The subsidy will be divided into two parts, with 70% covered by the Ministry of Finance and the remaining 30% provided by local governments. The program will apply to all small, medium and large airlines, including state-run and private airlines. In addition, the plan has been submitted to the State Council for approval, and if it goes well, it will take effect as soon as this week, ending on July 20.

In response to the government's downward revision of its annual GDP growth forecast to 1% to 2%, HKGCC President Leung Siu-kee believes that the government's downward revision is appropriate, as it reflects the 4% economic contraction in the first quarter and the current economic situation.

IMF increases weighting of dollar, yuan in SDR basket amid weakness
The IMF raised the yuan's weighting to 12.28 per cent from 10.92

Sunac China Defaults on US Dollar Bonds：According to the Financial Supervisory Commission, as of the first quarter of this year, investors through domestic and foreign funds held exposure parts of Unimicron China amounting to NTD 696 million.

Taiwan Turkey Economic Conference: Battery and Energy Manufacturers Participate to Explore Business Opportunities："The 10th Taiwan-Turkey Economic Cooperation Conference was held yesterday, with the largest battery manufacturer in Turkey's automotive industry and the largest photovoltaic plant in Turkey, Sailboat Photovoltaic Energy, participating in the conference, focusing on topics such as green energy-EV electric vehicles and energy storage, and exploring potential business opportunities on both sides.

Formosa Plastics intends to spend $6.1 billion on a new plant in the U.S.：In order to stabilize the material supply and enhance the competitiveness of polyethylene (PE), Formosa Plastics plans to invest US$207 million (NT$6.1 billion) in a new 100,000-tonne-per-year 1-hexene plant at its Convoy site in Texas, USA.
Upon completion, 63,000 tons will be used for internal use and 37,000 tons will be exported to the international market.

Australia's eastern region is rich in natural gas, and the Ministry of Economic Affairs has asked CNPC to conduct an in-depth assessment.：The outside world is concerned about the richness of emerging coal-bed natural gas resources in eastern Australia, has been exported in large quantities to Japan and South Korea, but Taiwan has not entered into a cooperative relationship with the industry in Eastern Australia, the Ministry of Economic Affairs Undersecretary Zeng Wensheng said that CNPC has always adopted a decentralized source strategy for the purchase of gas, will require CNPC to have more in-depth contact with Australia, a complete assessment of the volume and calorific value of the gas source to meet the needs of Taiwan.

Taiwan stocks show 3 signs of resistance to fall：Last week (5/2-5/6), Taiwan stocks suffered a strong shock in the U.S., ending the market at 16,408.20 points, down 183.98 points for the week, or 1.11%.
Last week (5/2-5/6), Taiwan stocks suffered a strong shock in the U.S. and lost the rebound, ending the week at 16408.20 points, down 183.98 points or 1.11%.

Digital Real Estate: Assessing the Investability of Dividend (Growth) Investors：Digital Realty is a data center real estate investment trust that should benefit from long-term growth.
The recent share price weakness sparked my interest in taking a closer look at this company that I have held stock in since late 2019.
In this article, I analyze the company and offer my reasons for liking and disliking it as a company and investment

Stock and bond volatility intensifies in the first quarter ：The capital market volatility intensifies in the quarter, and there are concerns about the extent of the impact on the capital adequacy ratio of the three financial industries. The company is also a member of the Board of Directors of the National Association of Banks (NAB).
The company's capital market has become more volatile this year, and the outside world is concerned about the performance of the capital adequacy ratio of the three financial industries. The head secretary of the Banking Bureau of the FSC pointed out at a regular press conference today that, according to the regulations, banks must report their capital adequacy ratio for the first quarter by May 15, and the FSC will further review the situation, and banks with larger changes in the capital adequacy ratio will have to provide explanations.

"Asian stocks weaken on the eve of the Federal Reserve's interest rate resolution：Asian stocks are lower today as investors await the outcome of the U.S. Federal Reserve Board's (Fed) policy meeting, where the market is expected to announce the largest rate hike in more than 20 years.
With inflation, currently at a 40-year high, showing no signs of abating, the Fed is poised to take a hard line on tightening this year, sending shivers down the spine of global markets."