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Largan Precision announces the restart of its share repurchase plan, aiming to buy back 2.67 million shares with a capital cap of 179.7 billion yuan, demonstrating the company's positive response to the market. Recently, operations have been under pressure, with Q4 revenue expectations decreasing and gross profit margin dropping to the lowest level in nearly eight quarters. The stock price responded mildly to the buyback news with a slight increase, and investors are still focused on the execution effectiveness.

Why must investors pay attention to the US CPI announcement?
In the global financial markets, the US Consumer Price Index (CPI) is one of the most direct indicators influencing the prices of major asset classes. The US CPI release often precedes the Federal Reserve's decision-making process and is a key reference for PCE data, making the market particularly sensitive to it. When the CPI data is released, there are ripple effects across the stock market, forex market, and commodity markets, which is why many professional investors include the US CPI release schedule in their trading calendars.
US CPI data reflects inflation or deflation over a specific period. Its fluctuations not only influence the Federal Reserve's monetary policy direction but also indirectly determine global capital flows. Therefore, accurately grasping the timing of the US CPI release and its potential trends is of great significance for asset allocation.
2024 US CPI Release Schedule Details
The US CPI is announced on the first business day of each month.

Gold Price Surges to Record High, Silver Price Hits New Record
The Asian trading session on Monday started off tumultuously. Spot gold surged unexpectedly, rising $33 within just a few hours, currently hovering around $4,372 per ounce. Even more remarkable is the synchronized rally in silver, which gained 1.3% to $68.05 per ounce, both hitting new highs for the year.
Traders are asking the same question: the 4381 USD/oz record high set in October is no longer out of reach. Will that ceiling be broken by the end of the year?
Risk Aversion Rises, Rate Hike Expectations Reverse
This round of precious metals rally is not without clues. A series of economic data released last week indicated a shift in central bank policy paths. The market now widely expects the Federal Reserve to cut rates twice by 2026, a significantly dovish outlook compared to earlier forecasts. A loose monetary environment is naturally favorable for non-yield assets like gold and silver—when interest rates decline

On December 10th, the Federal Reserve cut interest rates by 25 basis points as market expectations predicted. Chairman Powell's cautious language at the press conference directly ignited a rally in spot gold. By the close of the day, gold surged by $20.20 to $4228.47 per ounce, marking an impressive performance in this round of gains.
The dual impact of the US dollar and real bond yields
After the meeting, Powell emphasized the risks in the labor market, downplaying concerns about inflation. This stance was much more dovish than market expectations, directly impacting the dollar's trend. The US Dollar Index(DXY), which tracks the dollar against six major currencies, fell 0.6% to 98.65, the largest single-day decline since September 16th.
Meanwhile, US Treasury yields also declined sharply. The 10-year benchmark Treasury yield dropped 3.5 basis points to 4.155%, with US real yields decreasing by 3.5 basis points to 1.895%. This had a significant impact on gold.

This December, the Taiwanese dollar to Japanese yen exchange rate has reached 4.85, reigniting travel to Japan and yen investments. But do you really know where to exchange money most cost-effectively? Instead of blindly running to banks, it's better to understand the nuances of these four exchange methods.
Why is the Japanese yen worth exchanging?
When it comes to foreign currency exchange, the yen is often the first choice for Taiwanese people, and the reasons go far beyond just loving to visit Japan.
Daily needs: travel, purchasing on behalf of others, long-term residence
Department stores in Tokyo and Osaka mainly operate on cash transactions (credit card penetration is only 60%), and the same applies to skiing in Hokkaido and vacations in Okinawa. Those purchasing Japanese cosmetics, clothing, and anime merchandise often need to pay directly in yen. People planning to study abroad or work holiday in Japan also exchange in advance to avoid increased costs due to exchange rate fluctuations.
Investment perspective: one of the world's three major safe-haven currencies
The yen has long been considered a safe-haven asset alongside the US dollar and Swiss franc. During the Russia-Ukraine conflict in 2022, the yen appreciated as

By December 2025, the exchange rate of the New Taiwan Dollar (NTD) to the Japanese Yen (JPY) reached 4.85, an increase of approximately 8.7% from 4.46 at the beginning of the year. Whether preparing for international travel or considering small-scale hedging, the demand for exchanging to Yen continues to rise. But did you know? Choosing the wrong method to exchange Yen could cost you an extra NT$2000. This guide will help clarify the cost differences among Taiwan's five major currency exchange channels and introduce a cost-effective mechanism similar to exchanging NT$1000 for VND.
Why has the Yen become the preferred currency for exchange?
When it comes to exchanging foreign currencies, many people instinctively think of the Yen. This is not only because Japan is a popular travel destination but also due to the Yen's dual identity.
In everyday use, the cash usage rate in Japan remains high (credit card penetration is about 60%), and most merchants in Tokyo shopping districts, Hokkaido ski resorts, and Okinawa resorts only accept cash. Taiwanese consumers purchasing Japanese cosmetics, clothing via proxy shopping, or investing in anime merchandise also need to transact directly in Yen. For those planning to stay long-term in Japan,

As the Taiwanese dollar against the Japanese yen reaches 4.85, many people are taking the opportunity to exchange currency. But did you know? Exchanging 50,000 TWD in the wrong way could result in a loss of up to 2,000 TWD—enough to enjoy over ten bowls of ramen in Tokyo.
Even more painfully, many people have no idea how much extra they are paying.
This article will break down the four most common JPY exchange methods in Taiwan, allowing you to see the hidden costs of each at a glance. It will also compare other international exchange rates, such as HKD to RMB, to help you understand how this logic applies across the global foreign exchange market.
Why exchange yen now? It’s not just about travel
When it comes to yen, many people immediately think of buying cosmetics in Kyoto or skiing in Hokkaido. But in reality, the uses of yen are much broader—and its investment value is gradually being recognized.
Travel and purchasing agents: Japan’s cash culture remains strong, with most convenience stores and restaurants only accepting cash (credit card penetration is only 60%). Purchasing agents in Japan...

A four-year cycle, a globally watched political event—the U.S. presidential election—not only influences American politics but also has a profound impact on global capital markets. Many investors feel both anticipation and anxiety about this event. How should one understand the relationship between election years and the stock market?
Basic Knowledge of the U.S. Presidential Election
The U.S. presidential election is held every four years, and this fixed cycle has become an important reference in the global political schedule. The election process involves complex procedures, typically divided into four stages.
Detailed Explanation of the Election Process
Primary Stage (February to June of Election Year)
During this phase, the Democratic and Republican parties conduct primaries and caucuses to select their respective presidential candidates. Primaries involve party members voting directly to choose their preferred candidate, while caucuses are discussions and votes to select delegates for the national conventions. This stage is where political stances and policy positions are gradually solidified.

For many investors new to the stock market, "When will the sale proceeds be credited" is a key concern. Especially when you need to use the funds urgently, only to find that the capital is still in "pending" status, which can be quite frustrating. The settlement mechanisms in Taiwan and the US differ significantly; understanding these differences is essential for effective capital planning.
Taiwan Stock Settlement System: Evolution from T+2 to T+0
Operation of the Traditional T+2 System
Taiwan's stock market has long implemented a "T+2" settlement system—T represents the transaction day, and +2 indicates that two more business days are needed. In other words, if you sell stocks on Monday, you can only withdraw the cash on Wednesday. This design causes practical difficulties for short-term traders who need quick capital turnover.
For example, suppose you hold a stock and decide to sell on Monday morning after a good run, but the proceeds only arrive in your account on Wednesday. If another investment opportunity arises during these two days, the waiting period could be a missed chance.

The difference in trading costs between Taiwan stocks and US stocks is so large, where does the problem lie?
Many novice investors have been confused: why does buying stocks in Taiwan often start at hundreds of thousands of NT dollars, while in the US it only costs a few hundred dollars? Behind this question, there are actually two fundamental trading differences between the markets—different trading units.
To understand how much it costs to buy a stock in Taiwan, you need to start with the concept of "trading units." Taiwan stocks use "lots" as the basic trading unit, while US stocks are priced per "share." This seemingly simple difference directly determines the entry cost for investors.
How is stock price determined? First, understand the difference between stock price and face value
The stock price is the real-time trading price of a stock in the market, determined by the supply and demand between buyers and sellers. Whenever market participants adjust their bid or ask prices, the stock price fluctuates.
Many people easily confuse "stock face value" and "stock price." Face value is simply the value assigned to a stock when the company issues it.

The foreign exchange market plays out stories of battles between bulls and bears every day. To find opportunities amid the volatility, chart patterns are a secret weapon for many traders. This article will delve into how to apply chart patterns in forex trading, the practical use of 9 common patterns, and how to develop trading strategies through chart pattern analysis.
What is chart pattern analysis? Why is it so important?
Chart pattern analysis is a technical analysis method that predicts future price movements by observing the "footprints" left by prices on the chart. Its core logic is simple: history repeats itself. When bulls and bears repeatedly contest, the price forms certain regular patterns, which often indicate the upcoming market direction.
For example, the appearance of a head and shoulders pattern usually signals a reversal from an uptrend to a downtrend; while an ascending triangle suggests that bullish momentum is still building, and a breakout could lead to a new rally.
The biggest advantage of chart pattern analysis is that it requires no complex calculations—just the identification of patterns.

Short-term trading is sweeping the market, with more and more investors taking advantage of "day trading" to seize intraday volatility opportunities. From Taiwan stocks to U.S. stocks, day trading has become a primary method for many active traders. This article will delve into the core operational logic, risk control essentials, and how to accurately select suitable stocks for day trading from a practical perspective.
Quick Overview of Core Concepts in Day Trading Stocks
Day trading refers to buying and selling stocks within the same trading day, ensuring all positions are closed before the market closes. It specifically includes two forms:
Buy-to-Trade — Buying a stock in the morning and selling it during the day for profit
Sell-to-Trade — Short selling via margin loan first, then buying back to close the position
Since Taiwan’s Financial Supervisory Commission opened up the trading of actual stocks for day trading in 2016, market trading volume has surged significantly, with day trading accounting for nearly 40% of the total Taiwan stock market transactions. In contrast, the U.S. stock market operates under a T+0 system, allowing investors greater flexibility for intraday trading.
Day Trading Stocks

Pre-market trading in the US stock market allows investors to react to important news before the official opening, facilitating price discovery. This trading session has low liquidity and requires the use of limit orders. Pre-market is suitable for quick reactions, while after-hours trading is conducive to calmly reassessing prices. Investors should prioritize risk management and participate cautiously.

On September 18, the Federal Reserve announced its first 50 basis point cut in the federal funds rate, setting the target range at 4.75% to 5.00%, ending the rate hike cycle that began in March 2020. This move has attracted significant attention from global investors: with a new round of rate cuts impacting the stock market, will the US stock market see an upward trend?
Why did the central bank start cutting rates?
A shift in interest rate policy usually stems from specific economic signals. The driving factors behind this US rate cut are worth noting:
Labor market under pressure — the unemployment rate has continued to rise from 3.80% in March 2024, reaching 4.30% in July, breaking the recession warning line of the Sam rule. Although it slightly declined to 4.20% in August, the upward trend is clear, indicating that the employment market is shifting from tightness to looseness.
Manufacturing sector in trouble — the ISM Manufacturing PMI has been in contraction territory for five consecutive months, reflecting a slowdown in real economic activity. The Federal Reserve

In 2025, the exchange rate of New Taiwan Dollars (NTD) to Japanese Yen (JPY) reached 4.85, and many people are starting to consider exchanging for Yen. But did you know? The cost difference can be over 1,700 just by choosing different banks and methods when exchanging 50,000 NTD — this amount could buy several bento boxes in Japan.
The three main reasons for exchanging to Yen
Most directly related to travel and daily life: Japanese stores still have a high cash usage rate (credit card penetration is only 60%), plus the demand for purchasing, online shopping for Japanese goods, studying abroad, and part-time work, cash in Yen remains a practical tool.
Deeper financial asset allocation: The Yen is one of the world's three major safe-haven currencies (alongside the US Dollar and Swiss Franc). Japan's economy is stable with relatively low debt. During market turbulence, funds tend to flow into Yen — during the Russia-Ukraine conflict in 2022, the Yen appreciated 8% in a week, while the stock market fell 10%, demonstrating its safe-haven value. For Taiwanese investors, exchanging for Yen is like buying insurance against fluctuations in the Taiwan stock market.
Arbitrage

Why must investors understand financial statements?
The essence of investing is entrusting money to a company's operations, and the questions that follow are: Where is this money being used? How much profit is made? How much debt is owed? The answers to these questions are all hidden in the financial reports.
Warren Buffett once said something worth pondering: "You must understand financial reports; they are the language through which a company communicates with the outside world. How much you make in the stock market is directly proportional to how well you understand your investment targets." In other words, understanding financial reports doesn't necessarily make you an investment expert, but ignoring them will definitely cause you to miss many opportunities.
The goal of this article is not to make you an instant financial analysis expert, but to help you develop a basic understanding of financial reports—know what parts they consist of, what each part reflects, and how to quickly extract valuable information.
What exactly are financial reports?
Financial reporting (Financial Reporting) is the periodic disclosure by listed companies to the public