DIRS.INFO The most relevant business & tech news

☆ New College Is a Haven for Harvard Refugees
▼ + stars: | 2023-11-09 | by ( Richard Corcoran | ) www.wsj.com time to read: 1 min

After Hamas's atrocities in Israel, one would expect universal condemnation from U.S. college administrators. The University of Florida's Ben Sasse showed Harvard how to do it. Images: AFP/Getty Images/Zuma Press Composite: Mark KellySarasota, Fla.Anti-Semitism has reared its ugly head at Harvard. Since Hamas’s Oct. 7 massacre of some 1,400 Israelis, Jewish students there have reportedly been bullied, intimidated, spat on and, in at least one case, physically assaulted. Student-led protests call for the destruction of Israel and the Jewish people with chants of “Intifada!

Persons: Florida's Ben Sasse, Mark Kelly Sarasota Organizations: The University, Florida's, Harvard, Getty Locations: Israel, Fla, Palestine

Yasunori Ogawa, Seiko Epson Corporation President and Representative Director and CEO, talks about their strategy at the company office in Tokyo, Japan, October 27, 2023. REUTERS/Miho Uranaka Acquire Licensing RightsTOKYO, Oct 30 (Reuters) - Printing giant Seiko Epson (6724.T) is betting on growth in the Middle East and Africa as demand ebbs in its home market of Japan and other developed nations, its chief executive said. The Middle East, Turkey, and Africa were growth highlights in fiscal 2022. "Our products are not yet widely distributed in the Middle East, and there is tremendous potential there," Yasunori Ogawa said in an interview after the company posted quarterly results on Friday. To eke out more growth in developed markets, Epson plans to shift its portfolio more towards commercial and industrial customers looking to reduce waste.

Persons: Yasunori Ogawa, Miho Uranaka, Ogawa, stokes, Rocky Swift, Stephen Coates Organizations: Seiko Epson Corporation, REUTERS, Rights, Seiko Epson, Thomson Locations: Tokyo, Japan, East, Africa, Turkey, India, Dubai

☆ I donated my eggs to help pay off my student loans. I made nearly $50,000, but I'm still in debt.
▼ + stars: | 2023-10-29 | by ( Alicia Erickson | ) www.businessinsider.com time to read: +4 min

When I earned my master's degree, I struggled to pay my student loans. Seven egg donations later, I'm still struggling to pay off my student loans. Thanks to my parents, I was free of undergraduate student loans, so I thought taking on student loans for my master's degree wouldn't be the worst decision. Now, a decade later, I'm still weighed down by my student loans and no longer work in my field of study. Despite the money I've received after each donation — rising to a total of about $50,000 — I still haven't been able to pay my student loans off.

Persons: I'm, —, I've, ultrasounds, haven't Organizations: Service, London School of Economics, Science Locations: —

☆ How Bank of America trains young grads to work with its richest clients
▼ + stars: | 2023-10-26 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

The private bank division, which has $573 billion in client assets, hired 47 analysts this past summer, up 75% from last year. "That's been feedback from years past," said Miller, who oversees talent development for the private bank. Analysts start client-facing work after five weeks of trainingPrivate bank trainees start with a five-week orientation. The last three weeks focus on the operations of the private bank, and executive leaders come in to meet the analysts. For the first rotation, analysts shadow top private bank advisors.

Persons: isn't, Bank of America's Jennifer Loughlin Miller, Miller, John F, headcount, It's Organizations: of America, Bank of America, Bank of America's, Kennedy Presidential Library, Bank of Locations: New York City, Boston

AdvertisementAdvertisementI knew college was the right choice for me, but I wasn't sure at first how I would pay for it. I reached out directly to people who could help, which got me opportunities like a work study program. It cannot be overstated how difficult it is to apply to, pay for, attend, and graduate from college as a first-generation, low-income student, especially without ending up with huge student loans. I applied for merit-based scholarshipsSome universities allow you to apply for scholarships directly when you submit your college application. Private Student Loans If you need to fill any financing gaps for college after exhausting all of your options, see our guide for the best private student loans.

Persons: —, I've, I Organizations: Service, Pew Research Center, Boston University Locations: QuestBridge

Operating profit for the fiscal year through August is expected to rise 26% to 374.6 billion yen ($2.52 billion), according to the average estimate of 12 analysts collected by LSEG. The company has forecast 370 billion yen, which would far exceed last year's 297.3 billion yen. Consensus estimates could be underplaying the company's results given the recovery in China, the weak yen, and strong performance in the United States and Europe, said LightStream Research analyst Oshadhi Kumarasiri. "I'm expecting a positive earnings surprise and a strong set of guidance for next year," added Kumarasiri, who publishes on the Smartkarma platform. Fast Retailing's shares are up 22% in 2023, about even with the gain in the benchmark Nikkei index (.N225).

Persons: Tadashi Yanai, Oshadhi Kumarasiri, I'm, Daisuke Tsukagoshi, Uniqlo, Yanai, Rocky Swift, Varun Organizations: Retailing, Japan's, Forbes, Nikkei, Thomson Locations: TOKYO, China, United States, Europe, doldrums, North America

☆ This is the No. 1 city attracting young professionals—demand grew nearly 7 times since 2019
▼ + stars: | 2023-10-10 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

1 place where new college grads are applying for jobs, according to new data from Handshake, the college and recent grad career site. It's a continued pattern from pre-Covid days, but to an even greater extreme: New York City received the most applications from recent grads prior to the pandemic, and it's only gotten more competitive. That's nearly double the share of people willing to move for a job pre-pandemic, when 44% applications were submitted out of state. Want to be smarter and more successful with your money, work & life? Check out: The top 3 cities for new grads: ‘I can afford the house I want and the life I want’

Persons: grads, That's Organizations: New York City, New York Chicago Dallas Los Angeles Atlanta Boston San, New York Chicago Dallas Los Angeles Atlanta Boston San Francisco Austin , Texas Washington D.C, Houston Seattle Denver Philadelphia San, Houston Seattle Denver Philadelphia San Diego Miami New, CNBC Locations: New York City . New York, It's, New, Chicago, New York Chicago Dallas Los Angeles Atlanta Boston San Francisco Austin , Texas Washington, Houston Seattle Denver Philadelphia San Diego, Houston Seattle Denver Philadelphia San Diego Miami New York, Manhattan, U.S, Miami, Atlanta, Philadelphia, Seattle, San Diego, San Francisco

☆ I quit my $370K job at Meta after having panic attacks and hitting the lowest point of my life. I just knew the job wasn't right for me.
▼ + stars: | 2023-10-09 | by ( Aria Yang | ) www.businessinsider.com time to read: +10 min

Eric Yu is a former software engineer at Meta who experienced panic attacks due to work pressure. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Eric Yu, a 28-year-old former software engineer at Meta. We decided we needed exit plans, because neither of us wanted to work in tech for that much longer. I even set a personal goal to quit Meta once I was making $10,000 a month from real estate. If you left your big tech job and would like to share your story, email Aria Yang at ayang@insider.com.

Persons: Eric Yu, —, Wanda, Eric Yu I, pinky, Meta, I've, there's, learnings, Eric, Wanda brainstormed, Aria Yang Organizations: Meta, Service, Google, Facebook Locations: San Francisco, Redding , California, ayang@insider.com

☆ So long, computer science — Chaos Studies is the hot new college degree
▼ + stars: | 2023-10-05 | by ( Tiffany Ng | ) www.businessinsider.com time to read: +12 min

"I remember joking about majoring in puzzles as a kid, never imagining that such a thing was possible until my mom discovered the individualized major program," Shortz said. Between 2019 and 2021, there was a 3% increase in the number of students graduating with individualized studies degrees. With majors like Chaos, Human Computer Interaction, and Architecture and Food Theory, students aren't just crafting these degrees for fun. In 2020, RIT renamed its individualized major the New Economy major and highlighted the need for students to "adapt to evolving career fields." Adopting a rather divergent approach to the same goal, New York University's Gallatin School of Individualized Studies frames its approach as honing the "management of knowledge."

Persons: Will Shortz, Shortz, — Shortz, He's, we're, Oluwaseyi Onifade, Onifade, James Hall, they're, Makini Beck, SOIS, he's, Ben Papernick, Papernick, haven't, Peter Rajsingh, Gallatin, Kahrej Ahluwalia, Ahluwalia, Rajsingh, Tiffany Ng Organizations: Dell, Indiana University, The New York Times, National Center for Education Statistics, Rochester Institution of Technology, Oluwaseyi, RIT's, Society, Jobs, RIT, Genesee Community College, Applied, University of Texas, Austin, University of Southern, New York University's Gallatin School, Baseball, Gallatin, Schools, NYU Locations: RIT's, Western New York, University of Southern California, New York, Gallatin

SARASOTA, Fla. (AP) — Attorneys for New College of Florida, the traditionally progressive public liberal arts college that was taken over by allies of Gov. “Over time, we hope to build an online institute that helps protect other communities facing similar attacks,” the Alt New College website said. But attorneys for Sarasota, Florida-based New College said in a letter last Thursday that the online institute may be violating the school’s trademark and is likely to cause confusion. The attorneys demanded that Alt New College stop using the “New College” name. Gavin Newsom of California in which he sharply criticized DeSantis and the changes under way at New College.

Persons: Ron DeSantis, ”, New College provosts, “, DeSantis, Richard Corcoran, Gavin Newsom Organizations: New College of Florida, Gov, Alt, Alt New, New College, Bard College, PEN America, New, “ New, ”, Democratic Gov Locations: SARASOTA, Fla, New York, Sarasota , Florida, California

☆ Changes Bring Friction, and Lawsuits, to Florida College Targeted by DeSantis
▼ + stars: | 2023-09-22 | by ( Patricia Mazzei | More About Patricia Mazzei | ) www.nytimes.com time to read: +2 min

More than 200 students have been moved from on-campus dorms to off-campus hotels to make room for the recruited athletes and other new students. The U.S. Department of Education is investigating a complaint that New College, in its new iteration, discriminated based on disability. State lawmakers sent about $50 million to the school this year, a big jump from recent years. “What was really missing more than anything else at New College was leadership,” Mr. Corcoran, a former Florida House speaker and state education commissioner, said in an interview. “We’ve been able to do something that wasn’t accomplished in 63 years at the college, and that was grow enrollment.

Persons: Richard Corcoran, ” Mr, Corcoran, “ We’ve, “, ” Organizations: U.S . Department of Education, New College, L.G.B.T.Q, Florida House Locations: Florida

☆ Gen Z is giving up on college
▼ + stars: | 2023-09-05 | by ( Charlotte Lytton | ) www.businessinsider.com time to read: +11 min

"The world is rapidly evolving — and so is the college experience." Srivastava is one of a soaring number of Gen Zers who has decided to skip college altogether. The widening gap between the value and the cost of college has started to shift Gen Z's attitude toward higher education. They're not as interested in the typical "college experience" — whiling away four years rooming with friends and drinking at frat parties. But other members of Gen Z are taking a hard look at the "essence" of college.

Persons: Rushil Srivastava, you'll, Srivastava, he's, Gen Zers, haven't, millennials, Gen Xers, Nora Taets, James Connor, Connor, they're, —, Richard Saller, Saller, COVID, Meghan Reinhold, Reinhold, hasn't, María Gorgojo, Gen Z, Gen, Charlotte Lytton Organizations: UC Berkeley, Pew Research Center, Higher Education Authority, Pew, Iowa State University, of Computing, Data Science, Society ., School of Business, Information Technology, San Francisco Bay University, Harvard, Marymount University, Stanford University, Miami University of Ohio, Arizona State Locations: San, San Francisco, Silicon, COVID, Berkeley, Arizona, London

Suntory Beverage & Food Ltd.'s chief executive Makiko Ono speaks during an interview with Reuters at the company headquarters in Tokyo, Japan December 15, 2022. REUTERS/Issei Kato/File Photo Acquire Licensing RightsTOKYO, Aug 30 (Reuters) - Japan's Suntory Beverage & Food (2587.T) sees Australia as a model for integrating canned alcoholic drinks into offerings in other global markets, Chief Executive Makiko Ono said. As Japan's second-biggest domestic maker of soft drinks, Suntory Beverage has traditionally focused on non-alcohol offerings under the umbrella of global spirits maker Suntory Group. In taking the top job at Suntory Beverage in April, Ono became the first woman to head a Japanese listed company valued at more than 1 trillion yen ($6.83 billion). But the record was soon broken when Yumiko Takano became chief executive of Oriental Land (4661.T), the operator of Tokyo Disneyland, in June.

Persons: Makiko Ono, Issei Kato, Japan's, Ono, Yumiko Takano, Rocky Swift, Clarence Fernandez Organizations: Suntory Beverage & Food Ltd, Reuters, REUTERS, Rights, Japan's Suntory Beverage & Food, Suntory Beverage, Suntory Group, Suntory Oceania, Suntory, Oriental, Thomson Locations: Tokyo, Japan, Australia, New Zealand, Australia's, Brisbane, Europe, Japanese

☆ Why failure is your child’s best tool
▼ + stars: | 2023-08-24 | by ( Faye Chiu | Analysis Michelle Icard | ) edition.cnn.com time to read: +6 min

Parents and guardians often feel exhilarated by our children’s successes as much as we feel panicked and exhausted by their mistakes. We feel what they feel, and it’s a lot to go through, for them and for us. You need to experience “just the right amount” of setbacks to feel pain, learn from it, repair and become stronger. But there is something you can use to make sure that your child’s setbacks don’t become the headline of their childhood and, instead, become a launchpad for growth. Her latest book, “Eight Setbacks That Can Make a Child a Success,” is available at all major and indie booksellers.

Persons: she’d, Michelle Icard, Danielle Siess, you’ll, “, don’t Organizations: CNN

☆ These are the best colleges for financial aid, according to The Princeton Review's new ranking
▼ + stars: | 2023-08-15 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

To that end, The Princeton Review ranked colleges by how much financial aid is awarded and how satisfied students are with their packages. The Princeton Review's Best Colleges for 2024 report is based on data collected from 165,000 student surveys. At four-year, out-of-state public colleges, it was $28,240, according to the College Board, which tracks trends in college pricing and student aid. However, about two-thirds of all full-time students receive aid, which can bring the cost significantly down. Your net price is a college's tuition and fees minus grants, scholarships and education tax benefits, according to the College Board.

Organizations: Princeton, Finance, College Board

☆ Opinion | At a College Targeted by DeSantis, Gender Studies Is Out, Jocks Are In
▼ + stars: | 2023-08-14 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

In two weeks, the new school year will begin at Florida’s New College, the progressive public liberal arts school singled out by Gov. Hampshire College, a small private liberal arts school in New England, has offered financial aid to New College students so they can transfer without tuition increases. Last week, New College’s leadership announced that it was moving to abolish the gender studies department. Given that Rufo frames the New College takeover as a demonstration project to be repeated by red states nationwide, I’d expect attempts to scrap gender studies to spread. Rufo speaks a lot about academic excellence and the virtues of a classical liberal education.

Persons: Ron DeSantis, Chris Rufo, DeSantis, Rufo, Steven Walker, ”, Walker Organizations: Florida’s New College, Gov, Hampshire College, New College, New, Wyoming Legislature, The Sarasota Herald - Tribune, ACT Locations: New England, Hampshire, America, Hungary, Wyoming

TOKYO, Aug 3 (Reuters) - The Japan opening of the hit film "Barbie" was dealt additional setbacks as an online petition gained steam calling on Hollywood studios to disavow a grassroots marketing movement that made light of nuclear holocaust. Warner Bros initially latched on to fan-produced memes that depicted Robbie's Barbie with actor Cillian Murphy's Oppenheimer alongside images of nuclear blasts. But fans were not amused in Japan, which in coming days will mark the memorials of the atomic bombings of Hiroshima and Nagasaki 78 years ago. "This incident is really, really disappointing," she posted. Ambassador to Japan Rahm Emanuel posted a picture of his meeting in Tokyo with director Greta Gerwig, but the response online was chilly.

Persons: Oppenheimer, Barbie, Margot Robbie, J, Robert Oppenheimer, Robbie's Barbie, Cillian Murphy's Oppenheimer, Barbie delighting, Koji Maruyama, Mitsuki Takahata, Japan Rahm Emanuel, Greta Gerwig, Emanuel, Rocky Swift, Chang, Ran Kim, Michael Perry Organizations: Hollywood, Warner Bros, Universal Pictures, Warner's, Twitter, Thomson Locations: TOKYO, Japan, Hiroshima, Nagasaki, Warner's Japan, Tokyo

[1/6] German tourist Kevin Khani and Austrian tourist Georg Riedlbaur use an automated translation window at the Seibu-Shinjuku station in Tokyo, Japan, July 26, 2023. REUTERS/Kim Kyung-Hoon/File photoTOKYO, July 31 (Reuters) - As Japan enjoys a post-pandemic resurgence in tourism from around the globe, Seibu Railway is testing out an automated translation window to help confused foreigners navigate one of Tokyo's most complex transportation hubs. Kevin Khani was among foreign travellers who got turned around in the Seibu-Shinjuku station recently and found the VoiceBiz window helpful. Across the road from the Seibu station is Shinjuku's central Japan Railway (JR) station, which is the busiest in the world, with some 3.6 million people passing through daily. Weary from a 1 a.m. flight arrival, French tourists Isabelle and Marc Rigaud used the translation window to try to find their way from the Seibu station to the JR station.

Persons: Kevin Khani, Georg Riedlbaur, Kim Kyung, Harry Potter, Ayano Yajima, Toppan, Isabelle, Marc Rigaud, Tom Bateman, Rocky Swift, Simon Cameron, Moore Organizations: Seibu, REUTERS, Japan, Seibu Railway, Seibu Holdings, Kansai International, Japan Railway, Thomson Locations: Shinjuku, Tokyo, Japan, TOKYO, United States, Europe, Seibu, Alibaba

You can save a mind-blowing 44% on a 3-pack of Philips Hue smart light bulbs. Grab this rare deal on Philips Hue smart lightsDeal icon An icon in the shape of a lightning bolt. Lowest Price Philips Hue White and Color Ambiance A19 E26 Smart Bulb Kit (3-Pack) This 3-pack of Philips Hue white and color smart light bulbs can help smarten up your dorm, apartment, or home. $75.99 from Amazon Originally $134.99 Save 44%This dorm room idea is a smart light bulb momentAt 44% off, this 3-pack bundle offers each Philips Hue smart light bulb for just over $25. If you passed on Philips Hue bulbs in the past due to the hub requirement, you'll be delighted to learn that it's no longer mandatory.

Persons: Price Philips Hue, you'll, it's, you've Organizations: Philips, Price Philips, Amazon, Google Locations: Philips Hue, Hue

☆ Here's how much I made at Google, Meta, and LinkedIn — and why I ultimately left my $196,000 tech job
▼ + stars: | 2023-07-10 | by ( Aria Yang | ) www.businessinsider.com time to read: +7 min

Mitchie Nguyen is a former product marketing manager at Meta and Google. She left her $196,000 job at Meta job to build her own creator economy startup. I've spent around six years working in the tech industry at companies like LinkedIn, Meta and Google. Google: Associate product marketing manager$91,000 base salary + 15% annual bonus target + $64K stock package vested over four yearsI joined the associate product marketing program at Google where I fell in love with product marketing. During my time there, I took on various roles, starting with building the privacy product marketing team for augmented reality and virtual reality products.

Persons: Mitchie Nguyen, Aria Yang, Michelle Nguyen, I've, —, it's Organizations: Meta, Google, LinkedIn, Business, VR, Facebook Locations: Japan, Austria, Australia, Italy, Spain

[1/7] Nadine, a 43-year-old tourist from the U.S., wearing a sumo wrestler costume, tries to spar against former sumo wrestler Towanoyama on the sumo ring before tourists from abroad, at Yokozuna Tonkatsu Dosukoi Tanaka in Tokyo, Japan June 30, 2023. Beneath its vaulted roof is a sumo ring and 14 tables where patrons pay 11,000 yen ($76) to eat breaded pork cutlets before watching - and joining - the action. Another former sumo wrestler, Yasuhiro Tanaka, started the restaurant after founding a company to give ex-wrestlers a second career as actors in commercials and movies. "But no, it was really, really amazing." "As sumo wrestlers, we couldn't really play around at all," said Tanaka, 47, who admitted he wasn't a particularly strong competitor.

Persons: Nadine, Towanoyama, Yokozuna Tonkatsu Dosukoi Tanaka, Issei Kato, Ohtori, Yasuhiro Tanaka, Jose Aguillar, Jumbo, Aguillar, Fumio Kishida, Tanaka, Rocky Swift, Gerry Doyle Organizations: REUTERS, Netflix, Thomson Locations: U.S, Tokyo, Japan, TOKYO, Koto, Monterrey, Mexico

Finance Minister Shunichi Suzuki said on Tuesday: "We will closely watch currency market moves with a strong sense of urgency and will respond appropriately if the moves become excessive." Japan intervened to boost the yen last year when it weakened past the 145 per dollar level. "Euro-dollar is a bit stronger this morning, we had probably a bit of help from hawkish ECB (European Central Bank) comments this morning," said ING's Pesole. Latvian central bank governor and ECB official Martins Kazaks said in Portugal on Tuesday that the central bank will likely keep hiking interest rates after July. China's central bank set its daily yuan fixing stronger than market expectations for a second day in a row on Tuesday.

Persons: paring, Shunichi Suzuki, Francesco Pesole, ING's Pesole, Martins Kazaks, Kazaks, Christine Lagarde, Jerome Powell, Andrew Bailey, Kazuo Ueda, Lagarde, Vladimir Putin, Wagner, Sterling, Harry Robertson, Rocky Swift, Barbara Lewis, Conor Humphries, Chizu Organizations: Central, . Finance, Bank of Japan, ING, hawkish ECB, European Central Bank, ECB, Federal, Bank of England, Wednesday, Thomson Locations: TOKYO, Japan, Sintra, Portugal, Latvian, Russian, China, China's, London, Tokyo

TOKYO, June 27 (Reuters) - The U.S. dollar held firm against major currencies on Tuesday as tension simmered in Russia and traders looked ahead to U.S. data that may determine the timing of further interest rate hikes. The Russian rouble weakened 0.41% versus the dollar at 84.75 after hitting its weakest level since March 2022. Japan intervened to boost the yen last year when it weakened past the 145 per dollar level. U.S. data this week include new orders for durable goods, housing figures, and consumer surveys from The Conference Board and University of Michigan. If the U.S. economic data comes out on the strong side, then further pricing in for the two rate hikes will push up the dollar," Yamamoto said.

Persons: Vladimir Putin, Shunichi Suzuki, Masafumi Yamamoto, Yamamoto, Christine Lagarde, Sterling, Rocky Swift, Christopher Cushing, Barbara Lewis Organizations: U.S, Japanese Finance, Conference Board, University of Michigan, Federal Reserve, Mizuho Securities, European Central Bank, ECB, Central Banking, Thomson Locations: TOKYO, Russia, Russian, U.S, Sintra , Portugal, China, China's

☆ DeSantis sues Biden administration over education standards that control access to federal student loans, in early sign about his plans for colleges if he's elected president
▼ + stars: | 2023-06-22 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +7 min

Ron DeSantis of Florida is suing the Biden administration over a federal law requiring colleges and universities to get a quality stamp of approval from certain accrediting agencies. The association recently threatened Florida State University's accreditation when it was considering hiring Richard Corcoran, the state's former education commissioner, as its university president. Ron DeSantis signs a Florida education bill into law. 1 in higher education, largely because of its high graduation rates and low tuition. More broadly, Republicans have developed a hostile relationship with higher education institutions in recent years, viewing them as aligned with liberal policies and even decrying them as "Marxist."

Persons: DeSantis, Biden, —, Ron DeSantis, We're, they're, accreditors, Richard Corcoran, Ashley Moody, Moody, Douglas R, Clifford, Donald Trump Organizations: Service, Gov, Biden, US Department of Education, Hillsborough Community College, Southern Association of Colleges and Schools, Colleges, Department of Education, Florida State, University of Florida, United States, Court, Southern District of, White, Florida Gov, Tampa Bay Times, AP, US News, The Education Department, New College of Florida, Republicans Locations: Florida, Tampa , Florida, Texas, Virginia, Fort Lauderdale, Southern District, Southern District of Florida, Tampa, Sarasota

"In light of what the Fed has announced, it's a hawkish pause," said Bank of Singapore currency strategist Sim Moh Siong. "The message here is that the Fed is tightening, and this is why I think the dollar itself could stay supported in the near term." The yen plunged 0.9% to 141.365 per dollar, and earlier touched 141.430, a level not seen since Nov. 23. The kiwi dollar sank 0.52% to $0.6177 after data showed New Zealand's economy slipped into a technical recession in the first quarter, putting further rate hikes in doubt. "Following the rate cut from earlier this week, there's a lot of expectation for more wide ranging stimulus to shore up the economy," said Bank of Singapore's Siong.

Persons: it's, Sim Moh, Rocky Swift, Edmund Klamann Organizations: U.S ., Federal Reserve, Bank of Japan, Fed, European Central Bank, Bank of, Singapore, People's Bank of China, Singapore's, Thomson Locations: TOKYO, China's, Bank of Japan

Search resuls for: "New College"

25 mentions found