Posts by Yurie Miyazawa
Russian money ‘not our business’, says StanChart CEO Bill Winters, as bank doubles down on wealth management
The bank aims to attract US$200 billion in new assets over the next five years, expand relationship-manager team by 50% by 2028 STANDARD Chartered has vowed to double down on its wealth-management business. But chief executive Bill Winters is clear that one segment will not be contributing to this growth: wealthy Russians. “A lot of…
Read MoreIntel’s CEO-shortlist candidates include former board member Lip-Bu Tan: sources
INTEL has started shortlisting a handful of candidates, including former board member Lip-Bu Tan, for the role of chief executive after the struggling American chipmaker ousted company veteran Pat Gelsinger, according to people familiar with the matter. Tan, who was once seen as a contender for the CEO role, has in recent days been approached…
Read MoreDanish brewer Carlsberg sells Russian business
Danish brewer Carlsberg announced on Tuesday (Dec 3) an agreement to sell its shares in its Russian unit, a day after President Vladimir Putin signed a decree ending state control of the business. Carlsberg, like many other Western firms, had announced in March 2022 that it would leave Russia, where it employed 8,400 people, following…
Read MoreEuro tiptoes higher, France turmoil keeps investors on edge
THE euro rose on Tuesday (Dec 3), regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while the yuan hit a 13-month low on tariff risks and weakness in China’s economy. The yen, which has gained nearly 4.5 per cent in the last two weeks, retreated…
Read MoreChinese chip firms say they can withstand new US export curbs
CHINESE chip companies targeted by Washington with fresh export controls have vowed to speed up supply chain localisation and said they would be able to continue production thanks to recent efforts to build equipment stockpiles. The latest curbs, the third US crackdown on the Chinese sector in three years, focused on chipmaking equipment, software and…
Read MoreIndonesia expects US$1 billion investment commitment from Apple in a week
INDONESIA is expecting to get a US$1 billion investment commitment from tech firm Apple in a week, its investment minister said on Tuesday (Dec 3), after the government banned iPhone 16 sales for failing to meet local content rules. Indonesia stopped sales of the smartphone because it requires those sold domestically to comprise at least…
Read MoreThe world’s super rich are moving to Dubai, but keeping their assets in Singapore, Switzerland
Nevertheless, influx of wealth into the UAE city will likely support its growth as a booking centre MORE high-net-worth individuals around the world are moving to Dubai, as the city actively positions itself as a global wealth hub. But many still prefer to keep their assets in more established wealth hubs such as Singapore and…
Read MoreHow Much Do Background Actors Get Paid?
If you’re curious about how much do background actors get paid, you’re not alone. Many people wonder about the earnings in this unique part of the film industry. Background actors, often called extras, play crucial roles in creating the atmosphere of scenes without speaking lines. This article will explore the pay rates, the role of…
Read MoreThailand’s ‘data centre rush’ is starting, as Malaysia strains to keep pace with surging demand: Macquarie
MACQUARIE Research said that the data centre boom in Malaysia will continue but it’s unlikely to keep pace with surging demand. It said that Thailand, meanwhile, will start to reap the benefits of the surging demand from data centres, a play on the artificial intelligence trend. “We believe Thailand’s data centre rush is just beginning,”…
Read More30 Latest Instagram Money Scams
In 2023, Instagram has become a hotspot for scams that trick people into losing their money. From fake luxury items to phony job offers, these scams can take many forms. It’s important to be aware of these scams to protect yourself and your hard-earned cash. Here’s a look at some of the most common Instagram…
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