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☆ Asia markets in mixed territory after Fed raises concern over 'persistent' inflation
▼ + stars: | 2024-05-23 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

An inflatable bull during a ceremony marking the first day of trading of the year at the Korea Exchange (KRX) headquarters in Seoul, South Korea, Tuesday, Jan. 2, 2024. SeongJoon Cho/Bloomberg via Getty ImagesAsia-Pacific markets were mixed after minutes from the last U.S. Federal Reserve meeting revealed that Fed officials have grown more concerned about inflation, with members indicating they lacked confidence to move forward on interest rate reductions. In Asia, investors will assess flash business activity data from Australia and Japan, as well as Singapore's final first quarter gross domestic figures. South Korea's central bank will be announcing its policy rate decision today. Analysts polled by Reuters expect the Bank of Korea to hold its benchmark lending rate at 3.5%, although a note from ING last week said the meeting will still be closely watched, "as two new members have joined the [BOK's] board since the last meeting and it will be interesting to see if this has changed the view of the board."

Persons: SeongJoon Cho Organizations: Korea Exchange, Bloomberg, Getty Images, Federal Reserve, Reuters, Bank of, ING Locations: Seoul, South Korea, Getty Images Asia, Pacific, U.S, Asia, Australia, Japan, Korea's, Bank of Korea

☆ How family offices are planning to invest now and in the next 5 years, according to UBS
▼ + stars: | 2024-05-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Here's how family offices are investing this year and how they plan to change their allocations in the next five years, according to UBS' Global Family Office Report 2024. Family offices plan to maintain the same allocation for 2024 – at 16%. Real estate Apart from fixed income, real estate was the other big change in how family offices invested last year, according to UBS. But family offices plan to increase the real estate part of their portfolios — to 12% in 2024, according to the report. Elsewhere, family offices are investing in Western Europe – in sectors such as luxury goods and automation, and in Asia Pacific (35%).

Persons: That's Organizations: UBS, Global, –, Globally, Koh Locations: North America, U.S, Western Europe, Asia, Greater China

☆ Africa’s richest man says he needs 35 visas to travel in Africa – way more than a European visitor
▼ + stars: | 2024-05-22 | by ( Larry Madowo | ) edition.cnn.com time to read: +5 min

The 67-year-old entrepreneur’s visa woes have reignited a fresh firestorm about the frustrations of traveling within Africa for Africans. But many African countries still require visas from other Africans and the experience is fraught with discrimination, hostility and sky-high fees. He has also been detained at airports in Kenya and South Africa because of his Nigerian passport. “There’s a fear in richer African countries that people from poorer nations might be looking for a way to permanently move there,” he explains. His new St Kitts passport allows him to go to more African countries than his Nigerian passport.

Persons: Aliko Dangote, ” Dangote, ”, Patrick, Pouyanné, Tayo Aina, Aina, YouTuber, hasn’t, Marco Longari, Alan Hirsch, “, Sotunde, William Ruto, Tayo Organizations: Rwanda CNN, Forum, CNN, African, African Continental Free Trade, Getty, University of Cape, New, Institute, Travelers, East African Community, Kenyan, REUTERS, Reuters Kenyan, St Kitts Locations: Kigali, Rwanda, Nigerian, Africa, “, Benin, The Gambia, Seychelles, Addis Ababa, London, Kenya, South Africa, Caribbean, St Kitts, Nevis, AFP, University of Cape Town, Johannesburg, Southern, West Africa, Abuja, Nigeria, East

☆ New Caledonia: French President Emmanuel Macron heads to violence-hit Pacific territory
▼ + stars: | 2024-05-22 | by ( Edward Szekeres | Alex Stambaugh | ) edition.cnn.com time to read: +3 min

CNN —French President Emmanuel Macron is on his way to New Caledonia, a government official has said, after a week of deadly unrest in the Pacific archipelago. Macron was leaving Paris on Tuesday night and will “set up a mission” in the French territory, government spokesperson Prisca Thevenot told a press conference, without giving further details. He will be accompanied by Interior Minister Gérald Darmanin, Defense Minister Sébastien Lecornu, and Overseas Minister Marie Guévenoux, Darmanin told the National Assembly. Darmanin also told the French legislature the number of police and gendarmes in New Caledonia would soon reach 3,000. Lying in the South Pacific with Australia, Fiji and Vanuatu for neighbors, New Caledonia is a semiautonomous French territory — one of a dozen scattered throughout the Pacific, Caribbean and Indian Ocean.

Persons: Emmanuel Macron, Prisca Thevenot, Gérald Darmanin, Sébastien Lecornu, Marie Guévenoux, Darmanin, Paris –, Macron’s, Thevenot, Gabriel Attal Organizations: CNN, Paris, Interior, Defense, Overseas, National Assembly, France’s National Assembly, ”, New Locations: New Caledonia, Caledonia, Australia, New Zealand, France, South Pacific, Fiji, Vanuatu, , New Caledonia, Pacific, Caribbean, Indian, Colonial France, White

CFP Daniel Masuda Lehrman says the two biggest contributors to poverty are housing and cars. I spoke with certified financial planner Daniel Masuda Lehrman founder of Masuda Lehrman Wealth, a Honolulu, Hawaii-based financial planning firm, on how Asians living in poverty can handle several money challenges at once. That's because housing is usually the biggest expense in your budget, says Masuda Lehrman, who specializes in multigenerational wealth. If you have credit card debt, see what hardship options the card issuer offers. Consider a credit card balance transferCredit card debt is expensive.

Persons: Daniel Masuda Lehrman, Masuda, Masuda Lehrman, there's, —, doesn't Organizations: Pacific Islander Heritage, Pew Research Locations: American, America, U.S, Honolulu , Hawaii

☆ A brutal heat wave in Mexico is causing monkeys to drop dead from trees
▼ + stars: | 2024-05-22 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

Soaring temperatures in Mexico are causing monkeys to fall dead from trees. Dehydration killed the monkeys "within a matter of minutes," biologist Gilberto Pozo told the AP. Research has shown that extreme heat, on average, cost the global economy $16 trillion between 1993 and 2013. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Up to 85 howler monkeys were found dead in Tabasco in southeast Mexico, where temperatures this week are forecast to surpass 113 degrees Fahrenheit, Reuters reported, citing local media.

Persons: Gilberto Pozo Organizations: AP, Research, Service, Reuters, International Union for Conservation of, Business Locations: Mexico, Tabasco

☆ Meet the leaders of the Trump era's new conservative economic populism
▼ + stars: | 2024-05-22 | by ( Eamon Javers | ) www.cnbc.com time to read: +9 min

Drew Angerer | Getty ImagesThis reported column is Part Two of Eamon Javers' two-part series on the new, conservative economic populism gaining ground among Republicans close to former President Donald Trump. In Part One, Javers introduces readers to the new, conservative economic populism gaining ground among Republicans close to former President Donald Trump. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, February 25, 2022. Cass counts among his allies several well respected conservative economic thinkers. "It's economic policy that emerges not from good economics, but from politics and the culture war and what your base wants," he said.

Persons: Vance, Sen, Josh Hawley, Drew Angerer, Eamon Javers, Donald Trump, Javers, WASHINGTON —, Trump, Sohrab Ahmari, Ahmari, Donald Trump's, –, We've, Oren Cass, —, Marco Rubio, Tom Cotton, Republican Marco Rubio, Octavio Jones, Cass, Robert Lighthizer, Lighthizer, James Pethokoukis, Pethokoukis, Joe Biden —, Biden, Kahn, Lina Kahn, Lina Khan, Tom Williams Organizations: Republican, U.S, Senate, GOP, Wall Street Journal, Security, African American, Trump coalition, National Labor Relations, American, Conservative Political, Reuters, CNBC, United States Trade, Trump, American Enterprise Institute, Democratic, Big Tech, Biden's Federal Trade Commission, Financial Services, General Government, Federal Trade Commission, Cq, Inc, Getty Locations: Ohio, Cuyahoga Falls , Ohio, America, Washington, Ukraine, Vance ( Ohio, Fla, Mo, Washington . U.S, Orlando , Florida, Biden's, Rayburn

☆ UK general election: PM Rishi Sunak calls surprise July vote as his party seeks to defy dire polls
▼ + stars: | 2024-05-22 | by ( Rob Picheta | ) edition.cnn.com time to read: +6 min

London CNN —UK Prime Minister Rishi Sunak announced a snap general election for July 4 in a statement outside Downing Street on Wednesday evening, as his Conservative Party faces an uphill struggle to extend its 14 years in power. But a fall in inflation rates, announced earlier Wednesday, provided the backdrop for his announcement. The move will be welcomed by the buoyant Labour Party, led by Keir Starmer, which is soaring in the opinion polls and has sought to present itself as a reformed and moderate group that is ready for power. Sunak walks back inside on Wednesday after announcing the July 4 date for the election. But Johnson’s premiership collapsed after a string of scandals, paving the way for his then-finance minister Sunak to emerge as a frontrunner for the leadership.

Persons: Rishi Sunak, Sunak, Downing, King Charles III of, “, ” Sunak, Keir Starmer, Buckingham, Queen’s, Starmer, ”, Carl Court, Liz Truss, Boris Johnson, —, Theresa May —, King Charles III Organizations: London CNN —, Conservative Party, Conservative, Labour Party, Labour, Liberal Democrats, Conservatives, Party, Scottish National Party, European Union, Tories Locations: Britain, Buckingham Palace, Ukraine, Downing, Sunak, United Kingdom, Rwanda, Britain’s

☆ The Ukraine war is forcing migrating eagles to change their flight paths, scientists say
▼ + stars: | 2024-05-22 | by ( Amarachi Orie | ) edition.cnn.com time to read: +6 min

CNN —Greater spotted eagles are already a species under threat. Listed as “vulnerable” by the International Union for Conservation of Nature, greater spotted eagles have been largely eradicated from western and central Europe, according to the study. On March 1, 2022, a week after Russia invaded Ukraine, the first of 21 tagged greater spotted eagles crossed into Ukraine on its usual migration, according to researchers from the UK and Estonia. The researchers observed no difference in migration performance and deviation patterns outside of Ukraine, according to the study. Russell said the war in Ukraine is “really raising the profile of some of the environmental issues caused by conflict.

Persons: ”, Charlie Russell, Russell, ” Russell, “, Nathalie Pettorelli, Pettorelli, ” Pettorelli, “ ecocide ” Organizations: CNN, Eagles, International Union for Conservation of Nature, “, UK’s University of East, Zoological Society of London Locations: Ukraine, Europe, Poland, Belarus, Russia, Estonia, UK’s University of East Anglia, “

☆ With Troubles at Home, Macron Pops Up 10,000 Miles Away
▼ + stars: | 2024-05-22 | by ( Catherine Porter | ) www.nytimes.com time to read: +1 min

President Emmanuel Macron of France has a lot to manage. The last place many expected Mr. Macron to be was on a plane to one of France’s territories in the Pacific, where riots have exploded all week. “I come here with determination to work toward restoring peace, with lots of respect and humility,” he said when he arrived. The riots were set off by the prospect of a vote last week in the National Assembly in Paris to expand voting rights in the territory. Many in the local Indigenous population worry that the law would hamper the long process toward independence.

Persons: Emmanuel Macron, Macron, ” Organizations: Olympic Games, National Assembly Locations: France, Paris, New Caledonia

☆ How Baked by Melissa's founder turned a tiny New York City apartment kitchen business into a cupcake empire
▼ + stars: | 2024-05-22 | by ( Sara Lindsay | In Sara-Lindsay | ) www.cnbc.com time to read: +1 min

Count Baked by Melissa founder Melissa Ben-Ishay among the entrepreneurial success stories founded on getting out of the corporate rat race. Before starting her company, Ben-Ishay worked at an ad agency in New York City – a role she felt unfulfilled in. At the time, every cupcake came from her tiny New York City apartment kitchen. The cafe owner became a shareholder in Baked by Melissa, and the company was able to continue using the space for years. A year after it moved into the Cafe Bari space, Baked by Melissa opened its second location in Union Square.

Persons: Melissa, Melissa Ben, Ishay, Cafe, Ben Organizations: Ben, aha, CNBC Locations: New York City, Ben, Cafe Bari, Bergen County, Bari, Union Square

☆ Holocaust Death Toll on English Channel Island Is Raised by Hundreds
▼ + stars: | 2024-05-22 | by ( Claire Moses | ) www.nytimes.com time to read: +1 min

A long-running debate about a small part of Britain’s Holocaust history has been settled. A panel of historians tasked with investigating the death toll in Alderney, a British Crown Dependency and one of the Channel Islands in the English Channel, has adjusted the island’s historical record, adding several hundred people to an official count from the 1940s. On Wednesday, he presented the findings with members of the panel in a packed room at the Imperial War Museum in London. It concluded that the likely range of deaths was between 641 and 1,027, with a maximum number of 1,134 people. Most of them were forced laborers from the Soviet Union.

Persons: Eric Pickles, Britain’s, — Organizations: British, Channel, Imperial War Museum Locations: Alderney, London, Soviet Union, France

☆ When my husband lost his wedding ring, my son thought we were no longer married
▼ + stars: | 2024-05-22 | by ( Liz Alterman | ) www.businessinsider.com time to read: +4 min

Read previewOne autumn afternoon, while raking leaves, my husband, Rich, lost his wedding ring. We hoped the ring, possibly lost amid the browning landscape, would be shiny enough to catch our eyes. Our son thought we had splitWe'd been married for a decade by that point, and while it was odd to see my husband's ring finger bare after all that time, I didn't really give it much thought. AdvertisementOur middle son, Ben, a kindergartener at the time, and I were standing in the kitchen baking together months after the ring disappeared. "It's too bad Dad can't find his ring," Ben said.

Persons: —, Rich, Nat King Cole, Rich hadn't, we'd, hadn't, azaleas, we've, Ben, Wistfully Organizations: Service, Business

☆ Spain, Norway and Ireland’s recognition of a Palestinian state is likely to have little impact on Israel
▼ + stars: | 2024-05-22 | by ( Luke Mcgee | ) edition.cnn.com time to read: +3 min

CNN —Europe has struggled over the Middle East for a very long time. The decision by Ireland, Spain and Norway to recognize a Palestinian state tells us more about the domestic politics of those countries than anything else. In Ireland, Spain and Norway, support for a Palestinian state chimes with the broader electorate and is unlikely to receive any political blowback. European countries simply do not have a huge amount of influence in this area. That isn’t to say Europeans didn’t care about the Middle East, specifically the Palestinian cause.

Persons: Benjamin Netanyahu, Israel, Israel – Organizations: CNN, Israel, European Union, European Commission, European, EU Locations: Europe, Ireland, Spain, Norway, Israel, Palestinian, Germany, Hungary, Poland, Palestine, Oslo, European Union

☆ CNBC Daily Open: S&P 500 and Nasdaq hit new heights ahead of Nvidia's earnings
▼ + stars: | 2024-05-22 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street reaches new highsThe S&P 500 and the Nasdaq Composite rose to fresh record highs as investors await earnings from AI chipmaker Nvidia after the close on Wednesday. Nvidia's shares rose 0.6% with option traders pricing in swings of as much as 9% up or down in reaction to its earnings. Rate cuts several months awayFederal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts. [PRO] When Nvidia risesCNBC's Ganesh Rao takes a look at six artificial intelligence-related stocks that have historically reacted positively to Nvidia's quarterly earnings.

Persons: Christopher Waller, Waller, Biden, Jennifer Granholm, Walt Disney, Bob Iger, Ganesh Rao Organizations: New York Stock Exchange, CNBC, Nasdaq, Nvidia, Dow Jones, Federal, Gasoline, East, Pixar, Studios, Disney, Walt Disney Animation, CSI, Nikkei, Reserve Bank of New Locations: New York City, Israel, Asia, Hong Kong, Reserve Bank of New Zealand, United States, Japan

☆ French Leader Heads to Pacific Outpost Gripped by Deadly Unrest
▼ + stars: | 2024-05-22 | by ( Pete Mckenzie | ) www.nytimes.com time to read: +1 min

President Emmanuel Macron of France is making a surprise trip to New Caledonia, a French territory in the South Pacific that has been gripped by deadly unrest for more than a week, to hold talks with pro-independence leaders. Six people have died and hundreds have been injured since demonstrations by the Indigenous Kanak people turned violent early last week. Some local leaders expressed doubts that Mr. Macron, who is scheduled to arrive on Thursday, could defuse the tensions. Many in the Kanak community have accused Mr. Macron and France of reneging on an agreement that had put New Caledonia on a possible path to independence. Mr. Macron has refused calls to withdraw the amendment.

Persons: Emmanuel Macron, Macron, Jimmy Naouna Organizations: South Pacific Locations: France, New Caledonia, South, Indigenous, reneging

☆ The War Is Shifting Europe’s Politics Away From Israel
▼ + stars: | 2024-05-22 | by ( Matina Stevis-Gridneff | ) www.nytimes.com time to read: +1 min

In Europe, long a vital source of support for Israel, the political center of gravity is moving away from Prime Minister Benjamin Netanyahu’s government. And most European governments offered unequivocal support to the International Criminal Court this week, after it requested arrest warrants for Israel’s prime minister and defense minister, along with leaders of Hamas. Israel still has staunch allies within the European Union, especially Hungary and the Czech Republic, and key players like Germany, despite growing discomfort with Israel’s conduct, have not shown any inclination to alter their stance. The growing fissures within Europe mean that the consensus-driven European Union will not change its positions any time soon. But European countries face rising international and domestic pressure to take a firmer stand against Israel’s handling of the Palestinian territories, and particularly the devastating war in Gaza.

Persons: Benjamin Netanyahu’s Organizations: Israel, Palestinian, International, European Union Locations: Europe, Spain, Ireland, Norway, Israel, Hungary, Czech Republic, Germany, Gaza

☆ Asia-Pacific markets trade mixed as investors parse slew of Japanese data
▼ + stars: | 2024-05-22 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets traded mixed Wednesday. Japan's Nikkei 225 was trading about 0.5% lower in the first hour of trade, while the Kospi slid 0.35%. There was a marginal improvement in business sentiment, with the Reuters Tankan non-manufacturing index coming in at +26. Japan is slated to release its April trade data, as well as machinery orders for the month of March. Futures for Hong Kong's Hang Seng index stood at 19,212 pointing to a slightly weaker start compared with the HSI's close of 19,220.62.

Organizations: Nikkei, Reuters, Reserve Bank of New Zealand Locations: Asia, Pacific, Australia, Japan

☆ Opinion: We Germans are making Trump ‘thunderstorm’ plans
▼ + stars: | 2024-05-21 | by ( Opinion Anna Sauerbrey | ) edition.cnn.com time to read: +12 min

That’s scary.” If Trump is elected, Jörg is convinced, he would withdraw American troops from Europe and stop aid to Ukraine. Jim Bourg/AFP/Getty ImagesSix months ahead of the vote, this soccer field conversation reflects the German view of the US elections quite well. Kirill Kudryavtsev/AFP/Getty ImagesIt’s an optimistic view, based on the assumption that Trump will act rationally, as a deal-maker, if elected. What if Trump tries to take America out of NATO or creates a “dormant NATO,” a NATO existent only in name? Another Trump presidency would not only put Germany’s security at risk, but also manifest this view of the US for another four years.

Persons: Thomas Ernst Editor’s, Anna Sauerbrey, Read, ’, ”, Jörg, Miguel, Donald Trump, “, “ Trump, Trump, “ I’m, Piero, Joe Biden, Jim Bourg, Europe’s, Russia “, Olaf Scholz, Michael Kappeler, ” Scholz, mums, Annalena Baerbock, Greg Abbott, Biden, Kirill Kudryavtsev, George H, Bush’s, Barack Obama, Obama, Heinz M, Schahina Gambir, Gambir, Roe, Wade, Bob Parent Organizations: Zeit, Berlin CNN —, Köpenicker FC, CNN, Biden, Trump, Getty, NATO, Republican, European Union, European Central Bank, EU, ”, Dallas Mavericks, Mavericks, LA Clippers, NBA, Green, Bundestag Locations: Berlin, America, Taiwan, Europe, Ukraine, Italy, AFP, Gaza, Germany, Russia, United States, Trump, Texas, China, Poland, France, Frankfurt, Kabul, New York City, New York

In this photo illustration the Nvidia logo is displayed on a smartphone screen and in the background. Asia-Pacific markets are set to extend gains from Monday as tech shares pushed the Nasdaq Composite to record highs. Nvidia shares gained more than 2% overnight on multiple bullish analyst calls that highlighted the company's preeminent market position. The tech-heavy Nasdaq gained 0.65% to reach an all-time intraday high and close at a record level at 16,794.87. Investors in Asia will be watching for any spillover effect on companies up and down Nvidia's value chain, such as Taiwan's TSMC and Foxconn , as well as South Korea's Samsung Electronics and SK Hynix.

Organizations: Nasdaq, Samsung Electronics, SK Hynix Locations: Asia, Pacific

☆ Australia, New Zealand to send evacuation flights to New Caledonia amid unrest
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: +1 min

Australia and New Zealand said they will send government planes to New Caledonia on Tuesday to evacuate nationals from the French territory which has experienced a week of deadly riots, sparked by electoral changes by the French government in Paris. France's High Commission in New Caledonia said on Tuesday the airport remains closed for commercial flights, and it will deploy the military to protect public buildings. There were around 3,200 people waiting to leave or enter New Caledonia as commercial flights were cancelled due to the unrest that broke out last week, the local government has said. New Zealand, French and Australian foreign ministers held a call on Monday evening, after New Zealand and Australia said they were waiting for clearance from French authorities to send defense aircraft to evacuate tourists. A meeting of France's defense council later agreed for arrangements to allow tourists to return home.

Persons: Emmanuel Macron Organizations: Commission, New Locations: New Caledonia, Elysee, Paris, Australia, New Zealand, France's, France, Noumea

☆ Cybersecurity, sustainability and AI are 'huge topics' in Asia-Pacific boardrooms, IT firm says
▼ + stars: | 2024-05-21 | 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 EmailCybersecurity, sustainability and AI are 'huge topics' in Asia-Pacific boardrooms, IT firm saysJohn Lombard of NTT Data says banking, financial services and health care are "leading the way" in the adoption of artificial intelligence.

Persons: John Lombard Organizations: NTT Data Locations: Asia, Pacific

☆ After Anti-Israel Speeches, a Law School Curtails Graduation Traditions
▼ + stars: | 2024-05-21 | by ( Maia Coleman | ) www.nytimes.com time to read: +1 min

For the past two years, commencement speakers at the City University of New York School of Law have made support for Palestinians and opposition to Israel a focus of their speeches. So this year, well before other campuses across the United States faced upheaval over pro-Palestinian student demonstrations, the CUNY law school administration took a new tack. In September, before the Hamas attack on Israel on Oct. 7, the school announced that there would be no student speaker at all at this year’s commencement ceremony. The ceremony will now have no outside speakers and no keynote address, the law school said. The Apollo requires guests to have tickets and has a smaller capacity than the school’s previous venues, the law school said.

Persons: Deborah N, Archer, Muhammad U, — Organizations: City University of New York School of Law, American Civil Liberties Union, Apollo, CUNY Locations: Israel, United States, Harlem

☆ Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.
▼ + stars: | 2024-05-21 | by ( Meghan Morris | ) www.businessinsider.com time to read: +1 min

Red Lobster filed for Chapter 11 bankruptcy after suffering significant financial losses. CEO Jonathan Tibus questioned the company's purchasing processes, including from owner Thai Union. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the company's CEO faulted owner and key seafood supplier Thai Union for its role in the shrimp debacle — and in Red Lobster's trajectory — in a filing on Sunday. Jonathan Tibus, a turnaround expert who took the CEO job in March, wrote that Red Lobster had long bought much of its shrimp from owner Thai Union.

Persons: Jonathan Tibus, — Organizations: Thai Union, Service, Business

☆ U.S. tariff hikes will affect supply chains: Aberdeen Standard Investments
▼ + stars: | 2024-05-21 | 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 EmailU.S. tariff hikes will affect supply chains: Aberdeen Standard InvestmentsPruksa Iamthongthong, deputy head of Asia-Pacific equities at Aberdeen Standard Investments, says the latest U.S. tariffs will likely prompt more companies to relocate their supply chains out of China.

Persons: Iamthongthong Organizations: Investments, Aberdeen Standard Investments Locations: Aberdeen, Asia, Pacific, China

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