DIRS.INFO The most relevant business & tech news

☆ Deal to Double China Flights Signals U.S. Airlines’ Stronger Hand
▼ + stars: | 2023-08-22 | by ( Rachel Liang | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/airlines/deal-to-double-china-flights-signals-u-s-airlines-stronger-hand-a789123a

Persons: Dow Jones

☆ Value investing is having a moment in China. Here are some funds that are winning
▼ + stars: | 2023-08-20 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

They are: BOCIP China Value A Fidelity China Focus A Dist USD Ninety One GSF All China Eq A Acc HKD The first two have a value-style tilt – and not only beat the MSCI China Index in the first half of this year, but also in all of 2022, according to Morningstar. Although both value and growth China funds have generally posted losses over the three years ended July 2023, growth has lagged value by 12% a year, Liang said. However, she was quick to point out that just focusing on a single investment style such as value versus growth isn't enough. In terms of Morningstar's fund ratings — based on factors the firm calls people, process and parent — Schroder's ISF China Opps and FSSA China Growth have gold ratings for strong performance in the "people" and "process" categories. Closely watching valuations helped Schroders China's portfolio manager take some timely profits on "some overheated information technology" stocks, Liang said.

Persons: Warren Buffett, –, Claire Liang, Morningstar's, Liang, Benjamin Graham's, Goldman Sachs, It's, Timothy Moe Organizations: Morningstar, Fidelity, Acc, China, House Research Institute, Netflix, Suzhou Maxwell Technologies Locations: China, Fidelity China, Asia, Suzhou

☆ Eggplant Extravaganza
▼ + stars: | 2023-08-17 | by ( Tanya Sichynsky | ) www.nytimes.com time to read: +2 min

has a bumper crop!” — AmyIf you find eggplant inedible, either because of its texture or taste, you want recipes that use up as much produce as possible while making it largely undetectable. In Kay Chun’s eggplant and bean chili, eggplant is simmered in a garlicky tomato sauce until it collapses into a chile-spiced ragù. Pairing stewed eggplant with aromatics and protein-packed legumes is a solid strategy: Kay does it again in her recipe for eggplant dal, in which cumin, coriander, garlic, ginger and fresh chile season lentils and eggplant. Bitter eggplant is often undercooked eggplant. And if you’re frustrated with the results of sautéing and baking, try steaming: In about 10 minutes, strips of eggplant are rendered silky in Hetty Lui McKinnon’s recipe for liang ban qie zi, eggplant with garlic, ginger and scallions.

Persons: I’ve, Amy, Kay, — Kay, you’re, Hetty Lui McKinnon’s

☆ Boeing’s New China Chief Is a Government-Relations Pro
▼ + stars: | 2023-08-16 | by ( Rachel Liang | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/airlines/boeing-taps-local-born-ford-veteran-to-chart-china-recovery-343bca1

Persons: Dow Jones Organizations: boeing

☆ Boeing Taps Local-Born Ford Veteran to Chart China Recovery
▼ + stars: | 2023-08-16 | by ( Rachel Liang | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/boeing-taps-local-born-ford-veteran-to-chart-china-recovery-343bca1

Persons: Dow Jones Organizations: boeing

☆ TikTok influencers want to rent you a very cool home. Just don't call them landlords.
▼ + stars: | 2023-08-16 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

While live-in landlords are far from a novel concept, the pandemic-era fever around passive income and real-estate investing has sparked a rise in the popularity of house hacking. While Turner's initial strategy emphasized small multifamily buildings, some house hackers applied the concept to single-family homes. In 2019, he published a book called "The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom." And I think house hacking is one obvious way to eliminate, or at least drastically reduce, what likely is your largest expense." "Yeah, it's called 'house hacking," the owner and roommate, also played by Jarman, who has 4 million followers, replies.

Persons: Kelly Clark, Clark, scoffed, TikTok, Zers, Brandon Turner, Turner, Ryan Lehman, Lehman, Brandon, I'm, Craig Curelop, BiggerPockets who's, Curelop, influencer Addison Jarman, renter, it's, Jarman, Jay Parsons, John Liang, TikToker, Liang, —, It's, doesn't, Insider's Daniel Geiger, she'd, James Rodriguez Organizations: Federal Housing Administration, BiggerPockets, Census, YouTube, RealPage Locations: Spokane , Washington, Silicon, millennials, Seattle, Spokane

☆ ‘These Old Guys?’ Short on Lifeguards, the City’s Oldest Swimmers Step Up
▼ + stars: | 2023-08-12 | by ( Aidan Gardiner | ) www.nytimes.com time to read: +2 min

Mr. Kalmann grew up one of four boys in the Netherlands. Mr. Kalmann jumped in and pulled two of the men to shore. Initially, Ms. Jacobus’s friends warned her that it was too dangerous and pointed out that she would be working more hours as a lifeguard than she did as a social worker. But like Mr. Kalmann, she felt a deeper calling. She is the daughter of a Lutheran pastor and grew up doing volunteer work before entering social work.

Persons: Kalmann, John Lennon, Phebe’s, “, ”, Mary Jacobus, Liang Sung, “ We’re, ” Mr, Sung Locations: Netherlands, New York

☆ China’s sitting on a goldmine of genetic data – and it doesn’t want to share
▼ + stars: | 2023-08-11 | by ( Jessie Yeung | ) edition.cnn.com time to read: +14 min

The national survey and restrictions on foreign access are part of new regulations on China’s genetic resources, which came into effect in July. The national genetic surveyBiobanking in China – meaning the collection of biological samples – is still “very fragmented,” and in an “embryonic stage,” said Zhang. But these concerns aren’t new – and the national genetic survey seems to be geared more toward scientific research than other purposes, several experts agreed. But China has another motive, too: establishing what some experts call “genomic sovereignty,” meaning full control of the genetic material within their country. While many other countries also have laws regulating the use and transfer of their population’s genetic material, few are as strict as China’s.

Persons: Guang Niu, ”, Joy Y, Zhang, you’re, Wei Liang, ICHPL, Anna Puglisi, Puglisi, States –, Katherine Wang, ” –, Wang, “, Sun, Xi Jinping, Jiankui, Anthony Wallace, ” Zhang Organizations: Hong Kong CNN, Central South University, Centre for Global Science, biosciences, Shanxi Province Reproductive Science, Communist Party, Georgetown’s Center for Security, Emerging Technology, Gray, Group, CNN, Ministry of Science, Technology, National Health Service, National Institutes of Health, NIH Locations: Hong Kong, China, Changsha, Shanxi Province, Taiyuan, States, “, Wuhan, Xinijang, Xinjiang, Beijing, AFP, Harvard

☆ Researchers from Stanford and Google have made an entire AI village. The 25 bots that live there gossip, work, and plan Valentine's Day parties.
▼ + stars: | 2023-08-11 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

Stanford and Google researchers created a virtual village where 25 AI bots live and form relationships. Memory and reflection enable these bots to believably plan parties, discuss elections, and select birthday gifts, per the researchers. A group of Stanford and Google researchers has created a virtual village where 25 AI agents lead lives that are eerily reminiscent of our own. These bots "wake up," chat about the latest town gossip, and even plan events like Valentine's Day parties. These tools help AI bots to produce conversations that mirror human interactions.

Persons: —, Sam, John Lin, John, Mei, Eddy, Joseph C, O'Brien, Carrie J, Cai, Meredith Ringel Morris, Percy Liang, Michael S, Bernstein, Isabella, Maria, Klaus, Isabella Rodriguez's Valentine's, McDonald's Organizations: Stanford, Google, Morning, Hobbs Locations: Geneva

☆ We expect the US dollar to remain relatively strong as other major economies struggle: DBS
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect the US dollar to remain relatively strong as other major economies struggle: DBSChang Wei Liang of DBS shares his expectations for the USD and the Federal Reserve.

Persons: Wei Liang Organizations: DBS, Federal Reserve

☆ The Big Business of Dressing Like a Little Girl
▼ + stars: | 2023-08-09 | by ( Jessica Testa | ) www.nytimes.com time to read: +2 min

I’m wearing the shoes. Ms. Liang, who grew up in Queens, is part of a tradition of female designers subverting ultrafeminine clothes. “I’m a Sandy girl,” she said. Because of the brand’s nostalgic sensibility, Ms. Zauner said that she felt uniquely connected to its designer, too. The blurring between Sandy Liang, the brand, and Sandy Liang, the person, is partially by design.

Persons: “, ” Ms, Sugihara, Liang, Anna Sui, ’, Liang’s, Michelle Zauner, Sandy Liang, Zauner, ”, Ms, Dorian Booth, Merrell Locations: Queens, Japan, ., York

☆ Beijing Area Hit by Deadliest Flooding in a Decade
▼ + stars: | 2023-08-01 | by ( Rachel Liang | Dan Strumpf | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/beijing-area-hit-by-deadliest-flooding-in-a-decade-73c571fc

Persons: Dow Jones Locations: beijing

☆ How the world went from a semiconductor shortage to a major glut
▼ + stars: | 2023-07-28 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The glut came after companies began to stockpile chips amid the shortage to build up inventories. From profit boost to income plungeThe pandemic-induced shortage of semiconductors helped boost chip makers' profits as prices jumped. Meanwhile, SK Hynix swung to a loss in the second quarter versus a profit in the same period last year. Taiwan Semiconductor Manufacturing Company, the world's largest chipmaker, said last week that net income for the second quarter fell 23.3% from a year ago. Looking ahead, the PC market appears weak, which is likely to impact Samsung, SK Hynix and Micron.

Persons: Wong Yu Liang, Peter Hanbury, Hanbury, Sze Ho Ng Organizations: Bain & Company, CNBC, Samsung, SK Hynix, Micron, Taiwan Semiconductor Manufacturing Company, China Renaissance Securities Locations: oversupply

☆ China signals more support for real estate with a 'big change' in tone
▼ + stars: | 2023-07-26 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Construction on a real estate project in Yantai, Shandong province, gets under way on July 8, 2023. Nurphoto | Nurphoto | Getty ImagesBEIJING — China is changing its tone on the struggling real estate sector, paving the way for policy support. The statement reflects a "much clearer understanding about the seriousness of the situation," said Qin Gang, executive director of China real estate research institute ICR. He expects policies beneficial to the real estate market and consumption will come out in coming days. So far, the biggest real estate policy change has been this month's extension of measures to support developers, which were first revealed in November.

Persons: Larry Hu, Hu, Qin Gang, Ricky Tsang, China's, Tsang, It's, Zong Liang, Zong, Tommy Wu, Wu Organizations: Nurphoto, Getty, CNBC, Macquarie, People's Bank of China, Qin, Seng Property Development, National Bureau of Statistics, Bank of China Locations: Yantai, Shandong province, BEIJING, China

☆ The U.S. is likely headed for a recession in end-2023 or early 2024, JPMorgan says
▼ + stars: | 2023-07-24 | 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 U.S. is likely headed for a recession in end-2023 or early 2024, JPMorgan saysJonathan Liang of JPMorgan Asset Management says tightening credit conditions will probably be the "primary driving force."

Persons: Jonathan Liang Organizations: JPMorgan, JPMorgan Asset Management

☆ Not Even Tom Cruise Can Charm China’s Moviegoers Into Seeing Hollywood Films
▼ + stars: | 2023-07-20 | by ( Erich Schwartzel | Rachel Liang | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/not-even-tom-cruise-can-charm-chinas-moviegoers-into-seeing-hollywood-films-49d39f3a

Persons: Dow Jones

☆ ‘Creamerie’ Review: Where the Boys Aren’t
▼ + stars: | 2023-07-18 | by ( Mike Hale | More About Mike Hale | ) www.nytimes.com time to read: +2 min

Contains many spoilers for Season 1 of “Creamerie.”The New Zealand post-viral-apocalypse comedy “Creamerie” likes to begin an episode right where the previous one left off. “Creamerie” is in the science fiction subgenre of world-without-men shows; others include the new Netflix anime “Ooku: The Inner Chambers” and FX on Hulu’s “Y: The Last Man” from 2021. “Creamerie” was created by the actresses who play the leads — J.J. Fong, Perlina Lau and Ally Xue — along with the writer and director Roseanne Liang. The four have been collaborators for a decade, making Web series about relatably snarky young women in urban New Zealand. Fong, Lau and Xue play Jamie (determined, sorrowful, sexy), Pip (uptight, repressed, resourceful), and Alex (rebellious, profane, loyal), the proprietors of a dairy farm in rural New Zealand.

Persons: ”, cowering, French, It’s, “, Creamerie ”, — J.J, Fong, Perlina Lau, Ally Xue —, Roseanne Liang, Lau, Xue, Jamie, Pip, Alex Organizations: Hulu, Netflix Locations: Zealand, New Zealand

☆ Dollar deepens dive on inflation surprise
▼ + stars: | 2023-07-13 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

The euro made a fresh 15-month high of $1.1148 in Asia on Thursday and the yen touched its strongest since mid-May at 138.08 per dollar. U.S. core inflation came in at 0.2% in June against market expectations for 0.3%. Moves in other currencies were smaller but still delivered new milestones as traders reckon the dollar has further to drop. The Swiss franc hit its strongest since 2015 at 0.8655 to the dollar and sterling a 15-month top of $1.3019. Amongst the dollar selling, one outlier was perhaps the yen which has led gains.

Persons: Imre Speizer, Malaysia's, Pita Limjaroenrat, Steve Englander, Kazuo, Ueda, Chang Wei Liang, Tom Westbrook, Jamie Freed, Kim Coghill Organizations: month's, U.S, Westpac, New Zealand, Swiss, Standard Chartered, Bank of Japan, Fed, Central Bank, Thomson Locations: SINGAPORE, Asia, Scandinavia

☆ China has a new foreign relations law. Here's what it means for business
▼ + stars: | 2023-07-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Vcg | Visual China Group | Getty ImagesBEIJING — For foreign businesses in China, geopolitics hold more sway than new Chinese laws, according to analysts. Two new laws, one on espionage and the other on foreign relations, took effect July 1. In strictly legal terms, however, the legislative changes themselves don't increase the risk for foreign businesses in China, said Jeremy Daum, senior fellow at Yale Law School's Paul Tsai China Center. The website's translation of the Foreign Relations Law notes that foreign organizations in China "must not endanger China's national security, harm the societal public interest, or undermine societal public order." A House committee delegation discussed China business in their meeting with executives of high-profile U.S. tech and media companies in California in April.

Persons: Jeremy Daum, Yale Law School's Paul Tsai, Antony Blinken's, Michael House, Perkins, Daum, Mintz, It's, Alex Liang Anjie, Michael Hart, he's, Hart, Janet Yellen, Jens Eskelund, Alex Liang Organizations: Visual China, Getty, Yale Law, Yale Law School's Paul Tsai China Center, U.S, China, Foreign Relations, Mintz Group, Bain, Capvision Partners, Reuters, American Chamber of Commerce, Treasury, Companies, EU Chamber of Commerce Locations: BEIJING, China, Beijing, Washington, U.S, Shanghai, California, Broad

☆ China's biggest online travel agency to pay employees 1 billion yuan to have kids
▼ + stars: | 2023-06-30 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +2 min

The company, one of the world's largest online travel agencies, with 400 million users, said it would pay a parental cash subsidy of 10,000 yuan annually for five years for every child born to its employees worldwide. The programme will cost about 1 billion yuan, the company said. "I have always suggested that the government give money to families with children, especially multiple children, to ... help more young people fulfil their desire to have multiple children," Trip.com executive chairman James Liang said in a statement. China's birth rate last year fell to 6.77 births per 1,000 people, from 7.52 births in 2021, the lowest on record. Young people cite high childcare and education costs, low income, a weak social safety net and gender inequality, as discouraging factors.

Persons: James Liang, demographers, Young, Liang, Casey Hall, Gerry Doyle Organizations: Trip.com, HK, Authorities, Thomson Locations: SHANGHAI, China

☆ China's Trip.com will pay its workers $140 million to have kids
▼ + stars: | 2023-06-30 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China’s Trip.com, one of the world’s largest online travel agencies, is introducing new childcare subsidies worth 1 billion yuan ($138 million) to encourage its 32,000 employees to have kids. Trip.com’s announcement follows similar initiatives by smaller Chinese companies and comes as the country faces a demographic crisis. The country is now the world’s second most populous nation, having fallen behind India, according to the United Nations. Giving birth to a first or second child would lead to payments of 30,000 yuan ($4,130) and 60,000 yuan ($8,260) respectively, the reports said. Some 6.83 million couples married in 2022, according to data released by China’s Ministry of Civil Affairs earlier this month.

Persons: China’s, ”, James Liang, …, ” Liang, — CNN’s Simone McCarthy Organizations: Hong Kong CNN, Workers, Communist, United Nations, Beijing, Beijing Dabeinong Technology, China Securities, QiaoYin, QiaoYin City Management, China’s Ministry of Civil Affairs Locations: Hong Kong, Communist China, India, Trip.com, Beijing, QiaoYin City, China

☆ No Job, No Marriage, No Kid: China’s Workers and the Curse of 35
▼ + stars: | 2023-06-28 | by ( Li Yuan | ) www.nytimes.com time to read: +1 min

When Sean Liang turned 30, he started thinking of the Curse of 35 — the widespread belief in China that white-collar workers like him confront unavoidable job insecurity after they hit that age. In the eyes of employers, the Curse goes, they’re more expensive than new graduates and not as willing to work overtime. He has been unemployed for much of the past three years, partly because of the pandemic and China’s sagging economy. If the Curse of 35 is a legend, it’s one supported by some facts. That is a double whammy for workers in their mid-30s who are making big decisions about career, marriage and children.

Persons: Sean Liang, Liang, ” Locations: China

HONG KONG, June 27 (Reuters) - A series of brutal attacks in Hong Kong is shining a light on mental health in a city that has suffered from particularly acute strains while lacking sufficient resources to provide proper care for all who need it, mental health groups say. A city government spokesman, asked about the state of mental health, referred Reuters to a meeting the administration organised this month aimed at exploring more ways to address mental health problems and support people who suffer from severe mental disorders. Mental health experts point to the COVID-19 pandemic as a major factor in the increase in mental health issues, as it has been in many places. 'EXHAUSTION'Judy Blaine, a researcher and consultant on mental wellbeing, says it is the compounding of stresses that takes a toll on Hong Kong's people. Carol Liang, deputy CEO of the group Mind Hong Kong, said waiting times for cases deemed non-urgent can be as long as 90 weeks in the Hospital Authority system.

Persons: Abby Choi, Judy Blaine, Hong, Blaine, Carol Liang, Hong Kong, Farah Master, Anne Marie Roantree, Robert Birsel Organizations: Hong Kong Foundation, Organization, Reuters, Hospital Authority, Organisation for Economic Cooperation, Development, Thomson Locations: HONG KONG, Hong Kong, Beijing, Hong

Liang took the grueling two-day exam, known as the “gaokao,” in early June alongside nearly 13 million students nationwide. Students’ exam results are their only criteria for college admission – and most candidates only get one shot, with the test happening once a year. “It may be a little difficult if I want to go to a good university this year,” he said in the video. He’d even accepted that Sichuan University might be out of reach, deciding to attend any “key university” that would accept him. Ahead of this year’s test, many students visited temples to light incense and pray for good results.

Persons: Liang Shi, Liang, ”, he’s, “ I’m, livestream, “, He’d, master’s Organizations: Hong Kong CNN, Sichuan University, China Daily Locations: Hong Kong, ”, Sichuan, China, Nanjing

☆ A self-made millionaire in China who never went to college just took the country's grueling college entrance exams for the 27th time — and failed again
▼ + stars: | 2023-06-26 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Liang Shi, 56, has failed China's intense college entry exam for the 27th time, per AFP. The self-made millionaire who started taking the test in 1983 harbors dreams of going to university. After all, the former factory worker has his own construction materials business and is a millionaire, per AFP. "It's an uncomfortable thought that I didn't manage to get a college education," Liang told AFP earlier this month. "It's hard to say whether I will keep on preparing for the next year," he told AFP.

Persons: Liang Shi, He's, —, It's, Liang, gao kao, Matthew Loh, Liang's, he'll Organizations: AFP, Service, ACT, AP Locations: China, AFP, Sichuan

Search resuls for: "Liang"

25 mentions found