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Economy & Law

96 Stories

The Economy & Law channel covers investment, consumer law and intellectual property, simplifying complex financial and legal knowledge so readers can protect their rights and make sound decisions.

Shopping for Cosmetics and Medicine in Japan: Beware of Reselling Medications Online Without a License
Economy & Law·

Shopping for Cosmetics and Medicine in Japan: Beware of Reselling Medications Online Without a License

Planning to shop at Japanese drugstores? Beware of legal hazards when bringing pharmaceuticals back home. Reselling foreign over-the-counter or prescription medications online can trigger heavy criminal penalties under pharmaceutical affairs laws. An essential guide covering pharmaceutical classification, retail restrictions, personal-use quotas, and legal compliance.

Global Economic Rebalancing Under Aggressive U.S. Tariffs: A Response Strategy Based on Game Theory and Trade Networks
Economy & Law·

Global Economic Rebalancing Under Aggressive U.S. Tariffs: A Response Strategy Based on Game Theory and Trade Networks

Recent unilateral aggressive tariff policies implemented by the United States present unprecedented challenges to the global multilateral trading order. Using game-theoretic frameworks and trade network topologies, this analysis explores how non-U.S. economies can reorganize global trade through collective action and dynamic tariff coalitions without engaging in mutual economic destruction.

Analyzing the Stock Impact of Recent Boeing Accidents in South Korea and the Netherlands: Lessons from Historical 737 Groundings
Economy & Law·

Analyzing the Stock Impact of Recent Boeing Accidents in South Korea and the Netherlands: Lessons from Historical 737 Groundings

In late 2024, back-to-back serious incidents involving Boeing 737-800 aircraft operated by Jeju Air and KLM dealt another blow to market confidence in Boeing. Drawing parallels from the 20-month 737 MAX grounding in 2019 that triggered a 25% plunge, this analysis examines the capital market implications, valuation recovery, and competitive dynamics with Airbus.

How Will Trump's Policies Affect International Gold Prices?
Economy & Law·

How Will Trump's Policies Affect International Gold Prices?

Recently, the newly re-elected U.S. President Trump posted: "Impose an additional 10% tariff on China (mainland)! A 25% tariff on Mexico and Canada! Will terminate China's (mainland's) most-favored-nation trade status with the United States." As soon as this statement was made, international markets immediately reacted strongly, causing the exchange rates of the Canadian dollar, Mexican peso, euro, British pound, Korean won, and Australian dollar to fall against the U.S. dollar. The Canadian Broadcasting Corporation called this "the most serious threat to Canada in years."

114 New NHI Policy: Suspension of Insurance for Study Abroad and Working Holiday Travel to Be Abolished
Economy & Law·

114 New NHI Policy: Suspension of Insurance for Study Abroad and Working Holiday Travel to Be Abolished

The Ministry of Health and Welfare announced today that, according to the amended Enforcement Rules of the National Health Insurance Act, **the suspension-and-reinstatement system will be abolished** starting December 23. Anyone holding household registration of the Republic of China, whether inside or outside the Taiwan-Penghu-Kinmen-Matsu area, must continuously pay National Health Insurance premiums; those who have already suspended their insurance will remain suspended, but after reinstating insurance on the day of return, they will no longer be allowed to suspend again.

An Analysis of the Differences Between International Gold Prices, Bank of Taiwan, and Jewelry Store Gold Prices
Economy & Law·

An Analysis of the Differences Between International Gold Prices, Bank of Taiwan, and Jewelry Store Gold Prices

Gold, as an important investment and safe-haven asset, has prices that vary across different purchasing channels. This article will take an in-depth look at the relationship between international gold prices, Bank of Taiwan listed prices, and jewelry store gold buyback prices in the Republic of China, comparing prices across platforms on the same day to help us better understand the reasons behind these price fluctuations. ## International Gold Price: The Benchmark of the Global Market The international gold price is the benchmark price of gold in the global market.

Taiwan New Banknote Exchange: A Guide to Exchanging Red Envelope Cash for the 2024 Lunar New Year
Economy & Law·

Taiwan New Banknote Exchange: A Guide to Exchanging Red Envelope Cash for the 2024 Lunar New Year

With the Lunar New Year approaching in the 113th year of the Republic of China (2024 AD), the Central Bank of the Republic of China (Taiwan) announced that from February 1 (Thursday) to February 7 (Wednesday), during the five working days before the New Year holiday, 373 branches of the seven major public banks and 83 Chunghwa Post offices will offer the public the service of exchanging new NT$100, NT$200, NT$500, and NT$1,000 banknotes.

The Brand Value of the World's Top 20 Companies in 2023
Economy & Law·

The Brand Value of the World's Top 20 Companies in 2023

In 2023, the global economy faced the impact of the COVID-19 pandemic, and every industry was seeking transformation and innovation. Against this backdrop, which brands could stand out and become the world's most valuable brands? According to research, here are the rankings and data of the top 20 global corporate brand values in 2023: Rank Brand Name Brand Value (USD 100 million) 1 Apple 5026 2 Microsoft