DIRS.INFO The most relevant business & tech news

☆ The Week That Was: J&J reaches baby powder settlement
▼ + stars: | 2023-04-06 | 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 EmailThe Week That Was: J&J reaches baby powder settlementCNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

☆ The Week Ahead: Inflation data headlines busy week of economic data
▼ + stars: | 2023-04-06 | 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 EmailThe Week Ahead: Inflation data headlines busy week of economic dataCNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

☆ Semiconductors stand to make massive gains with the evolution of A.I., says KKM's Jeff Kilburg
▼ + stars: | 2023-04-05 | 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 EmailSemiconductors stand to make massive gains with the evolution of A.I., says KKM's Jeff KilburgEd Lee, New York Times reporter, Jeff Kilburg, KKM financial founder and CEO, CNBC's Dum Chu join 'Power Lunch' to discuss bipartisan efforts to manage A.I. development, companies positioned to benefit from A.I. growth, and U.S. China tensions around chip manufacturers.

☆ Malaysia seeks to decriminalise suicide attempts
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: +1 min

KUALA LUMPUR, April 4 (Reuters) - Malaysia is seeking to decriminalise suicide attempts, its law minister said on Tuesday, the latest in a recent slew of legal reforms pursued by Prime Minister Anwar Ibrahim's government. "This is based on the fact that suicide attempts are within the scope of suicidal behavior and this act is the impact of mental incapacity or psychiatric disorder," Azalina said. In comments made last year, former health minister Khairy Jamaluddin said Malaysia had in 2021 recorded 1,142 suicide cases, compared to 631 cases in 2020. Azalina said the government hopes the reform will encourage those affected to seek help, remove the stigma of suicide, and lower the country's suicide death rate. Reporting by Mei Mei Chu; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Asia's carbon pricing and emission trading systems
▼ + stars: | 2023-03-31 | by ( Matthew Chye | ) www.reuters.com time to read: +5 min

Here is a look at some of the carbon emissions trading systems (ETS) and pricing mechanisms in Asian countries aimed at reducing greenhouse gas emissions and achieving net zero targets. * A carbon levy will be introduced from around 2028/29 on fossil fuel importers such as refiners, trading houses and electricity utilities. INDIA* Parliament in December passed the Energy Conservation (Amendment) Bill 2022 that sought to establish carbon trading. * Authorities are studying the implementation of a carbon exchange and plan to set up agencies to monitor and verify emission volume. MALAYSIA* The stock exchange launched a voluntary carbon market (VCM) in December with the introduction of the Bursa Carbon Exchange, the world's first Shariah-compliant carbon exchange.

☆ The Week That Was: March 31, 2023
▼ + stars: | 2023-03-31 | 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 EmailThe Week That Was: March 31, 2023CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

☆ The Week Ahead: March 31, 2023
▼ + stars: | 2023-03-31 | 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 EmailThe Week Ahead: March 31, 2023CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

☆ Foxconn founder Gou, possible Taiwan presidential candidate, to visit US
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, March 27 (Reuters) - Terry Gou, the billionaire founder of major Apple Inc (AAPL.O) supplier Foxconn (2317.TW), will visit the United States this week, his office said on Monday, as he considers another run for Taiwan's presidency. Gou will leave for the United States on Monday evening for a 12-day visit his office called a "journey of scientific and technological economic development" and will also speak at the Washington think-tank, the Brookings Institution. "Not only the United States, but also other major democratic allies have been gradually paying attention to security issues in the Asia-Pacific region," his office said in a statement. Taiwanese presidential candidates traditionally go to the United States before elections given Washington's oversized role in ensuring Taiwan's security in the face of China's military threats to the island Beijing views as Chinese territory. While Gou has said he is considering another run for the January 2024 presidential election, the KMT has yet to choose its presidential candidate.

☆ Asian Americans are anxious about hate crimes. TikTok ban rhetoric isn’t helping
▼ + stars: | 2023-03-26 | by ( Brian Fung | ) edition.cnn.com time to read: +15 min

And the Chinese government’s authoritarian approach to numerous other issues clashes with important American values, said many Asian Americans interviewed for this article. Concerns about China have gone mainstream as US national security officials and lawmakers have publicly grappled with state-backed ransomware attacks and other hacking attempts. People rallied during a "Stop Asian Hate" march to protest against anti-Asian hate crimes on Foley Square in New York, on April 4, 2021. But to Chu, the incident was an example of the way politics surrounding China, technology and national security have fueled anti-Asian sentiment. “Asian American issues are American issues, and all Americans deserve to be treated with respect.

☆ This 26-year-old from Hong Kong is transforming a ‘dinosaur industry’ — one luxury watch at a time
▼ + stars: | 2023-03-24 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

As a young, avid collector of luxury watches, Austen Chu said he was scammed "many times" when he bought timepieces from the secondary watch market. Not only did his obsession with watches help him overcome those bad purchases, the experiences also propelled him to start his own consignment-based platform for luxury watches, Wristcheck. The luxury watch market is what calls a "dinosaur industry" that can be "intimidating" for the younger generation to get into, Chu said. WristcheckBy starting Wristcheck, Chu hoped to provide more transparency and accessibility to his peers. After all, Gen Z is projected to make up a third of the luxury market by 2030, due to a surge in wealth creation and the influence of social media.

☆ How shadow bankers are already emerging as winners in the SVB collapse
▼ + stars: | 2023-03-14 | by ( Rebecca Ungarino | Dakin Campbell | ) www.businessinsider.com time to read: +6 min

But the momentum already behind the secretive private credit space has picked up — fast. He was witnessing a new willingness from borrowers to turn first to private credit, a market that has grown yet generally remains more opaque than its public-market counterparts. "Borrowers used to look at these banks and say, 'Look, the banks, they've been around forever. The private lenders say that privacy is all part of the pitch. Money managers smell opportunityThe momentum already behind the secretive private credit space has gained steam as the SVB collapse pushes companies to consider alternate sources of debt and, on the other side, private credit managers seek out new targets.

☆ Are they for real? South Korean girl band offers glimpse into metaverse
▼ + stars: | 2023-03-14 | by ( Hyunsu Yim | ) www.reuters.com time to read: +5 min

[1/3] Footages of virtual girl group MAVE is played at the control room of MBC in Seoul, South Korea, February 28, 2023. Apart from backing MAVE:, Kakao launched a 1.25 trillion won ($960 million) tender offer last week to buy South Korean K-pop pioneer SM Entertainment (041510.KQ). SM is home to popular K-pop groups such as Girls' Generation, H.O.T., EXO, Red Velvet, Super Junior, SHINee, NCT Dream and Aespa. MAVE: is an "ongoing" project to explore new business opportunities and find ways to work around technological challenges, said Chu Ji-yeon, who heads Metaverse Entertainment. But South Korean technology has made much progress since then in creating virtual characters.

☆ Malaysia's ex-PM Muhyiddin arrives at anti-graft agency following allegations
▼ + stars: | 2023-03-09 | by ( ) www.reuters.com time to read: +1 min

[1/2] Former Malaysia Prime Minister Muhyiddin Yassin arrives to give a statement to the Malaysian Anti-Corruption Commission (MACC) in Putrajaya, Malaysia March 9, 2023. REUTERS/Hasnoor HussainKUALA LUMPUR, March 9 (Reuters) - Former Malaysian prime minister Muhyiddin Yassin arrived at the country's anti-graft agency on Thursday, after he was summoned to appear following allegations of abuse in stimulus programmes launched under his premiership. Before entering the Malaysian Anti-Corruption Commission (MACC), Muhyiddin, who was prime minister for 17 months between 2020 and 2021, read out a prayer with other party members. Malaysia's constitutional monarch, King Al-Sultan Abdullah, then appointed Anwar as prime minister after he formed a coalition with other political parties. The MACC questioned Muhyiddin last month regarding the same project and has also frozen bank accounts belonging to Muhyiddin's party.

☆ We have a 'gender balanced' workforce, YouTrip CEO says
▼ + stars: | 2023-03-08 | 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 have a 'gender balanced' workforce, YouTrip CEO saysCaecilia Chu of the Southeast Asian multi-currency travel wallet says the technology sector is a "great equalizer."

Indonesia, the world's biggest producer of palm oil, raised the mandatory blend of palm oil in biodiesel to 35% starting in February, from 30% earlier, to reduce diesel fuel imports amid high global energy prices and to reduce emissions. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange slid 24 ringgit to 4,181 ringgit a tonne on Wednesday. An El Nino episode usually results in below-average rainfall in main palm oil producers Indonesia and Malaysia, cutting yields and pushing up global prices. "It used to be palm oil is export-oriented for Indonesia, but sales are declining and domestic consumption is increasing," Fadhil said. James Fry, the chairman of commodities consultancy LMC International, however, cautioned that the correction in gasoil prices could bring down demand for biodiesel and pull-down palm oil prices.

☆ Women driving a lot of the job growth we're seeing right now
▼ + stars: | 2023-03-08 | 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 EmailWomen driving a lot of the job growth we're seeing right nowCNBC's Dom Chu joins 'Power Lunch' to discuss women driving job growth in America, ongoing disparities between employment opportunities for women and men and the performance of female-led companies.

☆ China takes a cautious approach to its economy in 2023
▼ + stars: | 2023-03-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Beijing announced Sunday a target of "around 5%" growth in gross domestic product for 2023, with only a modest increase in fiscal support. "The government's conservative growth target of 5% for 2023 recognizes that the pickup in China's growth continues to face headwinds," Martin Petch, vice president and senior credit officer, Moody's Investors Service, said in a note. "Some local governments are finding economic recovery difficult and are facing prominent fiscal imbalances," the report said. Consumption is keyConsumption can become the primary driver of economic growth this year, Li Chunlin, deputy director at the NDRC, told reporters Monday. An overall recovery in the economy can help fiscal revenues grow, and boost demand for workers, he said.

☆ Where New York’s Asian Neighborhoods Shifted to the Right
▼ + stars: | 2023-03-05 | by ( Jason Kao | ) www.nytimes.com time to read: +15 min

In last year’s governor’s election, voters in Asian neighborhoods across New York City sharply increased their support for Republicans. And predominantly Asian areas — precincts with a majority of eligible Asian voters — have undergone a pivotal shift. Detail area Detail area Detail area Detail area Detail area Detail area Note: The precinct in Kensington is mostly Indian and Bangladeshi. Detail area Detail area Detail area Detail area Detail area Detail area Flushing, 2022 Murray Hill Bayside Flushing Northern Blvd. Detail area Detail area Detail area Detail area Detail area Detail area state senate race Bensonhurst Sunset Park McDonald Ave. 65th St. New Utrecht Ave. 8th Ave.

☆ Watch CNBC's full interview with Richard Bernstein Advisors' Dan Suzuki
▼ + stars: | 2023-03-03 | 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 EmailWatch CNBC's full interview with Richard Bernstein Advisors' Dan SuzukiDan Suzuki, deputy CIO and chairman of the investment committee at Richard Bernstein Advisors, and CNBC's Dom Chu join 'The Exchange' to discuss today's market activity, bubbles in the equity market and fundamental market drivers.

☆ Future market leaders are in international, small cap and value stocks, says Richard Bernstein's Dan Suzuki
▼ + stars: | 2023-03-03 | 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 EmailFuture market leaders are in international, small cap and value stocks, says Richard Bernstein's Dan SuzukiDan Suzuki, the deputy CIO and chairman of the investment committee at Richard Bernstein Advisors, and CNBC's Dom Chu join 'The Exchange' to discuss today's market activity, bubbles in the equity market and fundamental market drivers.

☆ Bitcoin prices drop sharply on fears over Silvergate and over regulation push
▼ + stars: | 2023-03-03 | 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 EmailBitcoin prices drop sharply on fears over Silvergate and over regulation pushCNBC's Dom Chu reports on the latest price moves in the cryptocurrency markets.

☆ Democratic Rep. Judy Chu, the first Chinese American woman elected to Congress, blasts a Texas GOP congressman after he questioned her loyalty to the US: 'It is racist'
▼ + stars: | 2023-02-25 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Judy Chu criticized Lance Gooden after he seemingly questioned her "loyalty" to the US on Fox News. "I think she has drug along the other Chinese American members to sign this letter. I very much doubt that he would be spreading these lies were I not of Chinese American descent." "Lance Gooden's slanderous accusation of disloyalty against Rep. Chu is dangerous, unconscionable and xenophobic," Jeffries said in a statement. Rep. Gooden accused Democrats of bringing up race after his criticism of Rep. Chu.

☆ U.S. looks to expand Taiwan military training -sources
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +2 min

Reuters reported in 2021 that a small number of U.S. special operations forces have been rotating into Taiwan on a temporary basis to train their forces. Speaking to reporters in Taipei on Friday, Taiwan Defense Minister Chiu Kuo-cheng said he "didn't know" the source of the information about expanded training. He added Taiwan and the United States had a lot of military interaction, and declined further comment. Taiwan's official Central News Agency this week reported that a battalion of around 500 soldiers would go to the United States for training this year. Chu indirectly confirmed that some soldiers would head to the United States for training that would be more tactical than in the past, but did not provide details of numbers.

☆ Analysts see short-term strength, long-term 'generational shift' in copper prices
▼ + stars: | 2023-02-13 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

Sheets of copper cathode are pictured at BHP Billiton's Escondida, the world's biggest copper mine, in Antofagasta, northern Chile March 31, 2008. Ivan Alvarado | ReutersAlong with experiencing a short-term supply shortage, copper is set to undergo a "generational shift" in demand as decarbonization ramps up, according to BNY Mellon Lead Portfolio Manager Al Chu. Short-term supply issues have also emerged alongside a rebound in demand, such as an eruption of protests in Peru, which accounts for 10% of the world's copper supply. Every renewable energy pretty much needs copper, because if you're talking about electrifying something and transmitting electricity, you need copper." "When you look at the long-term secular story, you can just see strong demand.

It was created by OpenAI, a private company backed by Microsoft Corp (MSFT.O), and made available to the public for free. Its ubiquity has generated fear that generative AI such as ChatGPT could be used to spread disinformation, while educators worry it will be used by students to cheat. A second congressional aide described the discussions as focusing on the speed of changes in AI and how it could be used. In an interview with Time, Mira Murati, OpenAI's chief technology officer, said the company welcomed input, including from regulators and governments. "The whole value proposition of these types of AI systems is that they can generate content at scales and speeds that humans simply can't," he said.

Search resuls for: "CHU"

25 mentions found