Lifestyle
Morgan Stanley downgrades Indonesian stocks to underweight
INDONESIA’S fiscal policy and a stronger US dollar pose risks to investing in its stocks, strategists at Morgan Stanley wrote in a note while lowering their recommendation.
“We see...
HSBC adds over 300 to China headcount after Citi wealth acquisition
HSBC said on Tuesday (Jun 11) it had boosted its headcount in China by more than 300, as the Asia-focused lender completed the acquisition of Citigroup’s consumer wealth portfolio...
Bitcoin drops to one-week low as traders await CPI, Fed decision
BITCOIN wobbled on Tuesday (Jun 11) in a sign of trader nerves ahead of US inflation data and the Federal Reserve’s monetary-policy decision.The largest digital asset slid as much...
Apple’s AI push could reinvigorate iPhone sales as customers look to upgrade
APPLE’S developer conference on Monday (Jun 10) was about more than infusing its software with the latest artificial intelligence (AI) technology, including from ChatGPT.It was also about selling more...
UOB Thailand appoints new chief executive
UOB : U11 0% appointed Richard Maloney as the new chief executive of its Thailand operations, effective Jul 1. Maloney will succeed Tan Choon Hin, who will return to...
Toyota’s faulty certifications also breach UN rules: Yomiuri
THE Japanese government has found that regulatory discrepancies in a number of Toyota Motor cars also breach United Nations standards adopted by 62 countries and regions, the Yomiuri reported...
Branson plans one-stop travel shop as Virgin Atlantic turns 40
AS VIRGIN Atlantic Airways celebrates its 40th anniversary, founder Richard Branson plans to more closely integrate the airline with his cruise ships and hotel businesses to offer travellers a...
Intel suspends expansion of factory plan in Israel
INTEL is halting the expansion of a major factory project in Israel, which was going to pump an extra US$15 billion towards a chip plant.The chip giant in December...