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☆ Asia-Pacific markets slip as investors weigh inflation data; yen at 150-levels
▼ + stars: | 2022-10-21 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

A customer in front of a drugstore in Tokyo, Japan, on Wednesday, Oct. 19, 2022. Shares in the Asia-Pacific traded lower on Friday as investors await inflation data from several economies. The Nikkei 225 in Japan slipped 0.24% in early trade and the Topix lost 0.33%. Japan's yen weakened further to touch 150.28 overnight after hitting 150 against the dollar on Thursday. Japan's core consumer prices for the month of September rose 3% compared to a year ago, while Hong Kong and Malaysia are slated to release its inflation data later in the day.

☆ Asia-Pacific markets trade lower; China's offshore yuan hits record low overnight
▼ + stars: | 2022-10-20 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

An employee works at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 13, 2022. Shares in the Asia-Pacific traded lower on Thursday as economic fears weigh. The MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.37%. The offshore yuan touched a record low against the U.S. dollar overnight, weakening to 7.2745 per dollar. The Japanese yen reached yet another fresh 32-year low of 149.90 against the greenback, and was last at 149.85.

☆ The only US state without commercial airline service is getting 5 new routes to Florida next year — see the full list
▼ + stars: | 2022-10-20 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Low-cost startup Avelo Airlines is launching five new routes to Wilmington Airport in New Castle, Delaware. Delaware is the only US state without commercial airline service after Frontier Airlines left in June. Low-cost startup Avelo Airlines announced on Thursday that it will open a new base at Wilmington Airport in New Castle, Delaware on February 1. Henryk Sadura/Getty ImagesAvelo will launch twice weekly flights on Mondays and Fridays between Wilmington and Fort Myers starting on February 3. Walter Bibikow/Getty ImagesAvelo will launch twice weekly flights on Wednesdays and Saturdays between Wilmington and West Palm Beach starting on February 4.

☆ 3 terms you should always have on your resume to target what ‘every organization cares about’
▼ + stars: | 2022-10-19 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

Reading through the job description, you might notice job tasks like building media lists, writing press releases and drafting blogs. If these are relevant to your work experience, make sure to include them in the bullets of your job descriptions. Your potential employer is letting you know specifically what kind of industry experience they're looking for. If you have that experience, it's critical to highlight it in their language so they know you're the right candidate for the role. Impactful verbs like 'accomplished, improved'Your resume should be a powerful reflection of your accomplishments.

☆ Hong Kong announces plans to ‘trawl the world for talents’
▼ + stars: | 2022-10-19 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

John Lee, Hong Kong's chief executive, arrives to deliver his policy address at the Legislative Council in Hong Kong on Oct. 19, 2022. Hong Kong Chief Executive John Lee on Wednesday announced plans to attract talent and investment to the city. Hong Kong has lost thousands of residents since the pandemic started, worsening a "brain drain" from the international financial hub. Apart from actively nurturing and retaining local talents, the government will proactively trawl the world for talents," according to an official transcript of his speech. Hong Kong's housing prices have seen quarterly declines since the third quarter of last year, according to the Rating and Valuation Department.

☆ Asia-Pacific markets inch up after Wall Street gains overnight
▼ + stars: | 2022-10-19 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

A pedestrian looks at Japanese companies' share prices of the Tokyo Stock Exchange displayed on an electronic board in Tokyo on April 30, 2021. Shares in the Asia-Pacific inched higher on Wednesday following a second day of gains in major U.S. indexes. The Japanese yen remained above 149 against the U.S. dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was fractionally higher. China was due to release home prices data Wednesday, but the release has been delayed.

☆ Factbox: Energy crisis revives coal demand and production
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +6 min

France - The Emile Huchet coal power plant restarted in early October, only six months after it closed, according to local media. Netherlands - Dutch energy minister Rob Jetten said in June the Netherlands will remove a production cap at coal-fired energy plants to preserve gas. In June, it said it plans to "increase thermal coal production from existing mines this year maximum by 1.5 million tonnes". Spain - The ministry for the ecological transition requested in May the delay of Endesa's As Pontes coal power station closure. (** Note that Ukraine's government has stopped releasing coal production data since the start of the war).

"People need space, but there's so much noise in the city," added the 36-year-old devotee of Buddhism and Zen. "These social events are important catalysts," said Ng Mee-kam, a professor of urban studies at the Chinese University of Hong Kong. "He was quite amazed and asked me whether we young people can really survive on dreams," added Yu, whose workshop, tucked behind a bed in his studio flat, is about 100 sq. "My dream is just a wall away from me," added Yu, who works freelance in corporate communications and sometimes goes kayaking with Chan, a good friend. "After moving to Peng Chau, I realised I don't need to emigrate anymore," Chan said.

☆ Asia-Pacific markets rise after Wall Street's jump; yen hovers near 149-levels
▼ + stars: | 2022-10-18 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Shares in the Asia-Pacific traded higher on Tuesday after Wall Street's rally overnight. Japan's yen touched 149.08 against the dollar and was last trading near 148.90. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.46%. The unusual move comes as the Communist Party of China holds its 20th National Congress.

☆ Asia-Pacific markets slip as recession fears weigh
▼ + stars: | 2022-10-17 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

Pedestrians walk in front of an electronic quotation board displaying stock prices of the Tokyo Stock Exchange in Tokyo on March 7, 2022. Shares in the Asia-Pacific fell on Monday as recession fears weigh in over expectations of continued tighten monetary policies around the world. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.6% lower. Later in the week week, several countries in the region are slated to report inflation data, while Australia will release unemployment statistics and China will announce its loan prime rate decision. U.S. stocks closed the previous week lower after a University of Michigan survey showed inflation expectations were increasing.

☆ A former banker quit his six-figure job to start a VC firm that funds underrepresented founders and minority entrepreneurs. He shares his top 5 guiding principles for success when evaluating a new inv
▼ + stars: | 2022-10-15 | by ( Jennifer Streaks | ) www.businessinsider.com time to read: +7 min

He founded Tings Capital, a venture capital firm dedicated to investing in underrepresented entreprenuers. A former banker quit his six-figure job to start a VC firm that funds underrepresented founders and minority entrepreneurs. Companies with strong management: Stable, responsible management is just one variable that will impact whether or not a company is profitable. Ng knows that he has a long way to go, diversity in venture capital remains elusive and minorities are still having a hard time gaining access to VC funding. He seeks to bridge the gap between the typical venture capital firm and those seeking funding.

Singapore's GDP for the third quarter beat estimates, and its central bank tightened policy as expected. Singapore's economy grew more than expected in the third quarter from the same period last year, according to advance estimates released by the government on Friday. Separately, the country's central bank tightened monetary policy for the fifth time in the past year, in line with expectations. The Southeast Asian country avoided a technical recession, with quarterly GDP growth coming in a 1.5% on a seasonally adjusted basis, after a 0.2% contraction in the second quarter from the first quarter. The Ministry of Trade and Industry in August narrowed Singapore's GDP forecast for 2022 to 3% to 4%, compared to an its previous forecast of 3% to 5%.

☆ Japan stocks jump 2%, leading gains in Asia after Wall Street rally, Singapore's GDP grows 4.4%
▼ + stars: | 2022-10-14 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

An employee works at the Tokyo Stock Exchange in Tokyo, Japan, on Jan. 13, 2022. Shares in the Asia-Pacific jumped on Friday, taking the lead from Wall Street overnight as investors shook off a strong inflation report. The Nikkei 225 in Japan was 2.37% higher in early trade, while the Topix gained 1.74%. Japan's yen plunged to its lowest levels against the U.S. dollar since 1990 overnight before paring losses, and still trading at 147-levels. Singapore's GDP grew 4.4% in the third quarter and is expected to further tighten its monetary policy.

☆ Britain's Ofgem to urge public to reduce energy usage - FT
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +1 min

Oct 13 (Reuters) - Britain's energy regulator Ofgem will on Thursday urge consumers to reduce their energy usage "where possible", the Financial Times reported, less than a week after climate minister Graham Stuart said that the country would not ask its people to use less energy. The energy regulator's move would come as it prepares to launch a campaign to help households reduce their electricity and gas usage, the FT said. Senior Cabinet Office Minister Nadhim Zahawi said on Sunday it was "extremely unlikely" Britain would have planned power cuts over winter, responding to a warning from National Grid (NG.L) that the country could face blackouts if it cannot import enough energy. Register now for FREE unlimited access to Reuters.com RegisterReporting by Jose Joseph in Bengaluru; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

☆ Remove these 6 terms from your resume, say career experts: 'Read every line, read every bullet point'
▼ + stars: | 2022-10-13 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Adjectives like 'really' or 'very'Adjectives like "really" and "very" are pretty empty, says Ng, and don't add much meaning to your bullet points. Vague titles like 'intern'Similarly, vague titles like "intern" or "manager" don't give a sense of what you were actually doing in the role. "Give us some more specifics around whether you're an operations intern, a social media intern, a design intern, etc.," says Ng. To begin with, you can't assume the recruiter or HR person reading your resume will know what the acronym or abbreviation means. While you may not ultimately be a fit for the role you're applying to, you could be a fit for another one down the line.

☆ Asia-Pacific markets trade mixed ahead of U.S. inflation data
▼ + stars: | 2022-10-13 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

A man looks at an electronic quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on August 2, 2022. Shares in the Asia-Pacific were mixed on Thursday as investors await inflation data from the U.S. due later stateside. The Nikkei 225 in Japan was fractionally lower and the Topix was down 0.28%. Japan's yen strengthened in Asia's morning after touching 146.98 per dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was just above the flatline.

☆ Philippines c.bank's policy settings remain accommodative, says governor
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: 1 min

MANILA, Oct 12 (Reuters) - The Philippines central bank's monetary policy settings remain accommodative, its governor said on Wednesday. Bangko Sentral ng Pilipinas Governor Felipe Medalla also told a banking forum bringing inflation back to target remains the bank's "paramount" focus. Register now for FREE unlimited access to Reuters.com RegisterReporting by Neil Jerome Morales; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

☆ British pound whipsaws after mixed messages from the Bank of England
▼ + stars: | 2022-10-12 | by ( Abigail Ng | ) www.cnbc.com time to read: +3 min

In this photo illustration, the British pound is seen displayed. Karol Serewis | Lightrocket | Getty ImagesThe British pound on Wednesday morning recovered losses following a Financial Times report that said the Bank of England is privately signaling a willingness to extend its emergency bond-buying program. The Bank of England did not immediately respond to CNBC's request for comment on the FT's report outside of office hours. The pound fell as low as $1.0922 in Asia's morning trade before popping to $1.106 after the FT report was published. If bond purchasing is stopped, "additional measures should be put in place to manage market volatility," it added.

☆ Asia-Pacific markets mixed amid fears of slowing growth; yen weakens past 146
▼ + stars: | 2022-10-12 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets were mixed on Wednesday amid concerns over the global economy and ahead of the Bank of Korea's rate decision. The Nikkei 225 in Japan was lower by about 0.2% while the Topix lost 0.15%. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed. South Korea's central bank is expected to raise interest rates by 50 basis points to 3% on Wednesday, according to a Reuters poll. The Korean won last changed hands at 1,432.30 per dollar.

☆ Colonoscopies may not be as effective as thought, study suggests. Doctors disagree.
▼ + stars: | 2022-10-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Berkeley-Lovelace-Jr.Jpg | Berkeley Lovelace Jr. | ) www.nbcnews.com time to read: +7 min

What did the colonoscopy study find? With longer monitoring, the results could show a larger reduction of colon cancer risk, said Brawley of Johns Hopkins. Cancer experts reached Monday said their recommendation for colorectal cancer screening remains the same: Regular colonoscopies are key to preventing colon cancer and finding it early. In the U.S., “we have exaggerated the benefits of colon cancer screening,” Brawley said. “We have good studies that show that colon cancer screening is effective.

☆ Startup founders are panicked amid a market meltdown, but most VCs don't want to hear it. 'It's like don't ask, don't tell.'
▼ + stars: | 2022-10-11 | by ( Melia Russell | ) www.businessinsider.com time to read: +12 min

"It's like don't ask, don't tell," Josh Felser, a successful founder and outspoken investor, said. The following report on how startup founders are coping with the funding crunch was originally published on August 4. Seven Seven Six partner Katelin Holloway. Her investor, Seven Seven Six, pays for its founders to participate. Caleb Frankel, whose Seven Seven Six-backed startup, EarlyBird, helps families invest in their kid's financial future, wants desperately to have kids, but he and his wife have struggled with pregnancy loss.

☆ Japan, South Korea stocks fall 2% in early trade as investors weigh economic risks
▼ + stars: | 2022-10-11 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Pedestrians cross a street in front of the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo, Japan. Shares in Asia-Pacific were mixed on Tuesday as investors weigh the impact of monetary policy and economic uncertainty. Japan and South Korea's markets resumed trading after a holiday on Monday. In South Korea, the Kospi fell 2.26% and the Kosdaq shed 3%. "Equities continue to sell off as the impact of tighter monetary policy spooks investors," ANZ Research analysts wrote in a note Tuesday.

☆ Canada’s exports to countries in mega trade deal grew in 'tremendously difficult' times: Minister
▼ + stars: | 2022-10-10 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +3 min

Over the weekend, ministers and senior officials from all member countries met in Singapore for their sixth meeting to review the progress of the agreement. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership is a multilateral trade deal signed in 2018 that was formed after the United States withdrew from the Trans-Pacific Partnership. Claudio Reyes | Afp | Getty ImagesThe U.S. has not shown interest in rejoining the trade deal. Over the weekend, member countries discussed the bloc's progress, resolved to maintain global trade and counter protectionism. Member countries agreed to mitigate supply chain vulnerabilities and promote the integration of small- and medium-sized enterprises in global supply chains.

☆ Wharton's Jeremy Siegel says today's biggest threat isn't inflation — it's recession
▼ + stars: | 2022-10-07 | by ( Abigail Ng | ) www.cnbc.com time to read: +2 min

Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today. Jeremy Siegel Wharton professorOfficial data, which typically lags by a month, may not immediately show the changes happening in the real economy, he said. "Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today." "I think that that is way, way too high — given the policy lags, that really would force a contraction," he said. "But my feeling is that when I look at sensitive commodity prices, asset prices, housing prices, even rental prices, I see declines, not increases," he said.

☆ Geopolitical tensions with the U.S. could 'supercharge' China's innovation, JPMorgan says
▼ + stars: | 2022-10-07 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-reliant in crucial technology needed for electric vehicles, smartphones and more. U.S.-China tensions have pushed Beijing to be more self-sufficient, and that could be a good thing for innovators in China, according to an investment specialist at JPMorgan Asset Management. In the mid-1990s, Chinese companies were mostly mass market manufacturers of "commoditized goods," he added. "I think that the geopolitical tension you're talking about will just actually supercharge that — because China needs to do these things itself, and they will carry on with progress in that area."

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