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☆ Bank of Japan will be fairly cautious in path to policy normalization
▼ + stars: | 2024-03-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFixed income strategist: Bank of Japan has a lot to consider in its path to policy normalizationKheng Siang Ng of State Street Global Advisors says Bank of Japan won't hike rates for the sake of policy normalization as "it wants the economy to grow".

Persons: Siang Ng Organizations: Bank of Japan, Street Global Advisors

KUALA LUMPUR, Malaysia (AP) — The director and producer of a banned Malaysian film that explores the afterlife were charged Wednesday with offending the religious feelings of others in a rare criminal prosecution of filmmakers, slammed by critics as an attack on freedom of expression. “As far as we are concerned, these are groundless charges and we will challenge those charges in court,” he said. The two filmmakers filed a suit challenging the government’s decision before they were charged. Human Rights Watch accused Prime Minister Anwar Ibrahim’s government of prosecuting the two filmmakers to win political support from Malays. Khairianwar has said this is likely the first time a filmmaker has been criminally charged in the country.

Persons: Mohamad Khairianwar Jailani, “, Tan Meng Kheng, Surendran, ”, Critics, Anwar Ibrahim’s, Anwar, hypocritically, Phil Robertson, Khairianwar, ” Khairianwar Organizations: Home Ministry, Islam, Human Rights Watch, Free, Free Malaysia Today Locations: KUALA LUMPUR, Malaysia, Malaysian, Islam, Hong Kong, Malay, Asia, “, Free Malaysia

☆ Meet the vintage toy collectors that have turned their hobby into an investment opportunity
▼ + stars: | 2023-11-21 | by ( Lin Lin | ) www.cnbc.com time to read: +3 min

Lau started selling vintage figurines with his friends on Sundays in 2005 while working a full-time job as a technician. While traditional investments such as stocks and real estate are more common, some people view vintage toys as a unique, fun, and potentially profitable asset class. Figurine collector Dennis Pek CNBCHe told CNBC he only resells to reorganize and update his collection. "I have probably invested about $80,000 on my collection, but I do it mostly because I love it," he told CNBC. Chang told CNBC about the generational shifts in collecting preferences he has observed.

Persons: Lau, Dennis Pek, collectables, Chang Yang Fa, Chang Organizations: SINGAPORE —, CNBC, Power Rangers, MINT Museum of Toys, MINT Museum of Toys CNBC Locations: Singapore

☆ Open Cosmos, a UK space tech startup that launches satellites for data collection, raised $50 million using this 13-slide pitch deck
▼ + stars: | 2023-09-11 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Open Cosmos, a UK space tech startup, has raised $50 million in fresh funding. Founded in 2015, Open Cosmos had only raised $7 million previously. Open Cosmos, a UK space tech startup that designs and launches satellites for data collection, has raised $50 million. Open Cosmos then shares this information to provide users with "actionable data" around the energy transition and natural resource monitoring. "We're quite an unusual space company, yes we do satellites but it's also about the data," Open Cosmos founder and CEO Rafel Jorda Siquier told Insider.

Persons: Rafel Jorda Siquier, We've, OpenCosmos, Wise, Taavet Hinrikus, Kheng Nam Lee, Siquier Organizations: Cosmos, Partners, Accenture Ventures, Banco Santander InnoEnergy Climate Tech Fund, Wille Finance, Claret Capital Partners, GGV Capital Locations: Harwell , United Kingdom, South America

☆ New Cambodian cabinet to feature children of the powerful
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

Hun Manet, son of Cambodia's Prime Minister Hun Sen, looks on at the final Cambodian People's Party (CPP) election campaign for the upcoming general election in Phnom Penh, Cambodia, July 21, 2023. REUTERS/Cindy Liu/File PhotoAug 11 (Reuters) - Outgoing Cambodian Prime Minister Hun Sen has unveiled a list of people expected to feature in a new cabinet, including several sons and daughters of close allies and serving ministers. The rubber-stamp parliament is set to approve the new prime minister and cabinet on Aug. 22. While giving up the job of prime minister, Hun Sen looks set to remain engaged with government. This week, Hun Sen announced that Khuon Sodary had been designated as president of the National Assembly, the first woman to hold the position.

Persons: Hun Manet, Cambodia's, Hun Sen, Cindy Liu, Cham, Sar Sokha, Sar, Seiha, Tea, Hun Sen's, Khuon Sodary, Kanupriya Kapoor, Robert Birsel Organizations: Cambodian People's Party, REUTERS, Cambodian, World Bank, National Assembly, Reuters, Thomson Locations: Phnom Penh, Cambodia

☆ Ahead of election, Cambodia amends law to bar non-voters from contesting in future
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +2 min

Hun Sen, who has held power in Cambodia for more than three decades, last week ordered the rubber-stamp parliament to revise the law so that anyone who does not vote in the general election on July 23 will be barred from contesting any future elections. At the last election in 2018, the Hun Sen's Cambodian People's Party (CPP) won all of the parliamentary seats, having scored 4.8 million votes out of the 6.9 million cast. Hun Sen's administration has denied targeting opponents and says it is enforcing the law. The election commission said earlier this month that anyone urging people not to vote would be fined or imprisoned. The CPP will run virtually unopposed next month, after the election commission disqualified the sole opposition Candlelight Party from running, citing improper paperwork.

Persons: penalise, Hun Sen's, Hun Sen, Kheng, Phil Robertson, Kanupriya Kapoor, Simon Cameron, Moore Organizations: Interior, Cambodian People's Party, Human Rights Watch, Party, Reuters, Thomson Locations: PHNOM PENH, Cambodia

☆ We need do 'out-of-the-box things' to close the gender gap in tech, says Cisco
▼ + stars: | 2023-03-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe need do 'out-of-the-box things' to close the gender gap in tech, says CiscoBee Kheng Tay of the technology company says the pandemic has widened the gender diversity gap.

☆ Vietnam exporters fret over potential trade fallout of U.S. rules on Xinjiang
▼ + stars: | 2023-02-14 | by ( Francesco Guarascio | ) www.reuters.com time to read: +4 min

Vietnam posted a $116 billion trade surplus with the United States last year, led by shipments of goods such as electronics, clothing and footwear. The solar panel sector could be particularly at risk, as it greatly relies on polysilicon for solar cells, whose global production is concentrated in Xinjiang. Alongside other Southeast Asian countries, Vietnam accounts for about 80% of U.S. panel supplies, and Vietnam's panel exports to the United States were worth $3.4 billion in 2020. First Solar did not use polysilicon in its panels, but competitors in Vietnam did, he said, without identifying any companies. In addition to First Solar, the top solar panel makers in Vietnam are mostly Chinese companies, according to investment consultancy Dezan Shira.

☆ Analysis: Bank of Japan gives an inch, investors ready to claim a mile
▼ + stars: | 2022-12-21 | by ( Tom Westbrook | ) www.reuters.com time to read: +5 min

But rather than providing breathing room, investors say it is likely to encourage more of the sort of pressure that has bent the bond market out of shape. "Fifty basis points becomes the new 25 basis points. When trading resumed in Japan, 10-year JGB yields shot towards their new ceiling and futures fell so fast it triggered a circuit breaker suspending trade. By the end of the session, 10-year bond yields sat 14.5 basis points higher at 0.395%, the sharpest one-day rise for Japanese 10-year yields in more than 14 years. Mandatory credit Kyodo/via REUTERSThose swaps - another market measure of interest rate expectations - tracked bond yields until early this year.

☆ Bank of Japan makes surprise policy tweak
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +8 min

ATUSHI TAKEDA, CHIEF ECONOMIST, ITOCHU ECONOMIC RESEARCH, TOKYO:"Today's move reflects the BOJ's determination not to alter its yield cure control policy. CAROL KONG, CURRENCY STRATEGIST, COMMONWEALTH BANK OF AUSTRALIA, SYDNEY:"I think the move was certainly unexpected, to say the least. MOH SIONG SIM, CURRENCY STRATEGIST, BANK OF SINGAPORE:"They've widened the band, and I guess that came earlier than expected. CHRISTOPHER WONG, CURRENCY STRATEGIST, OCBC, SINGAPORE:"The timing of the policy tweak is a surprise, though we have been expecting the move to come in 2Q 2023. "The tweak may seem modest but is significant for a central bank that has held dovish for a long time.

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