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Adriane Schwager has interviewed thousands of people and hired hundreds in her roughly 20 years in the recruiting space. She's interviewed candidates at every level in an organization, from interns to senior leaders to join her in the C-suite. It sounds simple enough, but she says she's noticed that candidates' level of preparedness seems to have declined in the last five years or so. "Here's something very basic that I'm seeing candidates missing right now, which is [understanding]: What does the company that you're interviewing for do?" "But I feel like I'm seeing more of that these days at a senior level, which is interesting," she says.
Persons: Adriane Schwager, She's, she's, I'm, Schwager, she'd, it's, who've Organizations: CNBC
Successful sales of the Mate XT tri-fold smartphone, which began pre-orders on Saturday, would be another indication of the company’s sustained resurgence. It also comes after Chinese smartphone makers dominated the top five spots domestically on a quarterly basis for the first time ever, she said, pushing Apple to sixth place. “The close timing of Huawei and Apple’s product launches signals the start of a new competitive wave in the Chinese premium market,” Liu told CNN. Apple said that generative AI, like ChatGPT, on its iPhone 16 would allow users to create text and images with natural-language prompts. Last year, it launched an electric sedan to take on Tesla’s Model S. And it has big ambitions in AI.
Persons: Hong Kong CNN —, Richard Yu, , Amber Liu, ” Liu, Apple, Liu, Yu, It’s Organizations: Hong Kong CNN, Huawei, Apple, CNN, Counterpoint Research, Google, Nvidia Locations: China, Hong Kong, Shenzhen, Washington, Beijing, Weibo
The projected mission launch is more ambitious than a 2030 target announced by space officials earlier this year, though the timeline has fluctuated in recent years. It also comes as an effort by NASA and the European Space Agency to retrieve Mars samples remains under assessment amid concerns over budget, complexity and risk. Becoming the first country to return samples from Mars would be a significant accomplishment for China’s ambitious space program and leader Xi Jinping’s stated “eternal dream” to make the country a space power. A key priority of China’s Tianwen-3 mission would be to search for traces of life on Mars. “The return mission requires launch from the surface of Mars.
Persons: Liu Jizhong, Xi Jinping’s, Liu, CGTN, It’s, China's Tianwen, , Planitia, Mars, Bill Nelson Organizations: Hong Kong CNN, NASA, European Space Agency, AP Missions, US Locations: Hong Kong, China’s Anhui, China’s, China, Soviet Union, United States
The controversial plan to regreen a desert
  + stars: | 2024-09-08 | by ( Laura Paddison | ) edition.cnn.com   time to read: +11 min
The Dutch engineer wants to transform a huge stretch of inhospitable desert into green, fertile land teeming with wildlife. “The only holistic way out of this situation is with large-scale ecological regeneration”So-called desert regreening projects are not new, and this is one of a number around the world seeking to transform arid landscapes. Costfoto/NurPhoto/Getty ImagesFor van der Hoeven, it was further proof his plan could work. “The scale reaches a level that helps prove that restoration can be done on a planetary scale.”It would add to other huge desert regreening projects also underway. The project was scheduled to kick off this December, but conflict has slowed everything down, van der Hoeven said.
Persons: der Hoeven, , Van, van der Hoeven, Ali Moustafa, , Van der, der, it’s, John Liu, Wolfgang Kaehler, Liu, ” Liu, Susan Gardner, Gardner, Alice Hughes, ” Hughes, Raymond Pierrehumbert, Pierrehumbert, — “, Van der Heoven, He’s, Van der Hoeven Organizations: CNN, United Nations, World Bank, UN, Hong Kong University’s School of Biological Sciences, University of Oxford Locations: Dutch, Africa, Asia, Maryland, Dubai, Lake Bardawil, Sinai, Bardawil, Egypt, China, California, Gansu Province, Yongjing, Gansu province, Nairobi, Hong, Gaza
Instead, JPMorgan increased its overweight recommendations on other emerging markets. Even after the change, JPMorgan still holds 18 China stocks in its global emerging markets model portfolio. The JPMorgan analysts said uncertainties about the China economic outlook range from tensions with the U.S. to "lingering deflation pressure." During three periods of escalating U.S.-China trade tensions in 2018 and 2019, the MSCI China index fell each time, according to JPMorgan China Equity Strategist Wendy Liu. As part of its China stock downgrade, JPMorgan added shares of state-owned utility operator CR Gas , while removing shares of PDD, China Construction Bank and Kingdee International.
Persons: Pedro Martins, Chetan Seth, Jake Sullivan, Kamala Harris, Joe Biden's, Harris, Donald Trump, Wendy Liu, ByteDance, — CNBC's Michael Bloom Organizations: JPMorgan, Wednesday, Sunday, Reuters, Nomura's, Nomura, JPMorgan China Equity, CR Gas, China Construction Bank, Kingdee International, Kuaishou Technology, Meituan, Hong Locations: China, U.S, Nomura's Asia, Japan, Beijing, PDD, Hong Kong, Thursday's
Hong Kong CNN —The operator of 7-Eleven has rejected an opening offer from the owner of convenience store rival Circle K, indicating the bid was too low and that its global business was worth more. In a statement Friday, Tokyo-based Seven & I Holdings, which owns 7-Eleven, said it was “open” to “sincerely consider” any proposal that is in the best interests of its shareholders. The Financial Times reported on Thursday that Seven & I was open to the possibility of a higher offer from its suitor. Shares in Seven & I have rallied since the news of the offer broke last month, pushing its market value above $38 billion. Although 7-Eleven traces its origins to Dallas, Texas, it was the late Japanese entrepreneur Masatoshi Ito who is credited with turning it into a ubiquitous global brand.
Persons: , Alimentation, Masatoshi Ito, Ito Organizations: Hong Kong CNN, Holdings, Reuters, The Financial Times, Analysts, Speedway, Marathon Petroleum Locations: Hong Kong, Tokyo, Japan, North America, Europe, United States, Dallas , Texas
CNN —Brazilian President Luiz Inácio Lula da Silva says the world isn’t obliged to put up with billionaire Elon Musk’s “far-right anything goes” agenda because of his immense wealth. “The Brazilian justice system may have given an important signal that the world is not obliged to put up with Musk’s extreme right-wing anything goes just because he is rich,” the president said. Lula da Silva’s comments are the latest salvo in a long-running feud with Musk over free speech, far-right accounts and misinformation in the country. Over the weekend, Brazilians, including the president, bid farewell to X, with some posting links to their profiles on other social media platforms. Musk, a self-proclaimed “free speech absolutist” has repeatedly claimed the court’s actions amount to censorship, and his argument has been echoed by Brazil’s political right.
Persons: Luiz Inácio Lula da Silva, Elon Musk’s “, Lula da Silva, Lula da Silva’s, Musk, Jair Bolsonaro’s, , Brazil’s Organizations: CNN, CNN Brasil, Musk, Twitter Locations: Brazilian, Brazil
Read previewThe Philippines says it has stepped up its naval patrols and air surveillance around a disputed island in the South China Sea to counter the growing number of Chinese vessels in the area. In June, Chinese coast guards armed with swords and knives attacked Philippine vessels in the contested waters, resulting in injuries and one soldier losing a thumb. Chinese coast guards holding knives and machetes as they approached Philippine troops in the disputed South China Sea in June. "We once again warn the Philippines to face reality and give up illusions," Liu Dejun, a spokesperson for China's coast guard, said. Advertisement(Vietnam, Malaysia, Brunei, and Taiwan also lay claim to parts of the South China Sea.)
Persons: , Roy Vincent Trinidad, BRP Teresa Magbanua, Trinidad, Sabina Shoal, Jay Tarriela, Tarriela, Teresa Magbanua, Liu Dejun, Liu, Sari Arho Havrén, Collin Koh, Koh, Adm, Samuel Paparo, Alexander Lopez Organizations: Service, Coast Guard, Navy, Air Force, Daily Tribune, Business, BRP, Armed Forces, AP, The Daily Tribune, Liberation Army Navy, US Department of State, Royal United Services Institute, Institute of Defence, Strategic, Singapore's Nanyang Technological University, CNN, Pacific Command, Mutual Defense, Philippine National Maritime Council Locations: South, Philippine, Sabina, Escoda, China, Philippines, South China, China's, Sabina Shoal, Vietnam, Malaysia, Brunei, Taiwan, Washington, Manila
Sun, 40, is accused of blocking Taiwanese officials' access to the New York governor's office and changing public messages from both governors to boost China's talking points, among other acts. According to the Justice Department, she also sent messages informing the Chinese consulate about Taiwan's requests to the governor's office. AdvertisementProsecutors said that during this time, Sun would use bogus invitation letters to set up meetings for Chinese officials with New York authorities. Hu has been charged by the Justice Department too, and is accused of laundering money and opening bank accounts with a relative's driver's license photo. AdvertisementA spokesperson for Hochul told Business Insider that the New York governor's office hired Sun more than 10 years ago.
Persons: , Linda Sun, Kathy Hochul, Andrew Cuomo, Cuomo, Sun, Curtis, Chris Hu, Hu, that's, Hochul, Liu Pengyu, Jarrod Schaeffer, Sun's, Schaeffer Organizations: Service, New, Gov, Business, Justice Department, Queens, Hochul, New York Labor Department, Prosecutors, PRC, CCP, Chinese Communist Party, Sun, Ferrari Locations: China, Nanjing, York, New York, Honolulu, Jiangsu, Manhasset , New York, Washington
Liu recalled a great product manager on a previous team who was overlooked when it was time for promotions because "she was not good at broadcasting or explaining what she does." "So much of what product and just general leadership is is not just doing the work, it's not just having the product, it's having great product marketing to go with it," Liu said. If a great product is out in the world but no one is told about it, did it exist? "As more introverts get into leadership, they need to actually change the world to make more space for people like them as well." But instead I just said, 'Okay, this is a necessary skill, and it's a learnable skill.'
Persons: Deb Liu, Liu, it's, she's, It's Organizations: Service, Facebook
"I think people need to stop following trends, and they need to follow their heart more," India tells CNBC Make It. People of more typical means should avoid falling into the "celebritization of travel," India adds. Instead, India recommends choosing travel spots based on your own passions and what you want to learn more about. Think about what you're reading, watching, listening to and talking about to guide your travel decisions. Where is a place that you can go, try the massages daily, or really go deeper into the culture?"
Persons: Jaclyn Sienna India, Sienna Charles, Beyonce, Jeff Bezos Organizations: Wall Street titans, Hollywood, CNBC, Aspen, Netflix Locations: India, Europe, Egypt, France, Italy, South America, Africa, Southeast Asia
Comparable store sales, a key measure for the restaurant industry, were down 14% in its most recent quarter. Sales slumpStarbucks' comparable store sales in China have been incredibly volatile over the past five years. But in recent months, they've been hit by cautious consumer spending and increased competition, then-CEO Laxman Narasimhan told investors in July. Luckin Coffee, Starbucks' biggest rival in China, has nearly three times as many stores as Starbucks in the country after monumental unit growth. "We're not interested in entering the price war," Starbucks China CEO Belinda Wong told investors in January.
Persons: , Brian Niccol, they've, Laxman Narasimhan, Narasimhan, Sherri, Kearney, Luckin, McCafe, KFC's, Dave Xie, Oliver Wyman, Xie, latte, We're, Belinda Wong, Wong, it's, Brian Yarbrough, Edward Jones, Liu Ying Organizations: Service, Starbucks, Business, Bank of America, Bloomberg, Publishing, Getty, Reuters Locations: China, Beijing, Shanghai, Seattle, Luckin, Cotti, Xinhua
What’s in Our Queue? ‘Dear Ex’ and More
  + stars: | 2024-08-21 | by ( John Liu | ) www.nytimes.com   time to read: 1 min
What’s in Our Queue? ‘Dear Ex’ and MoreI cover news in China and Taiwan with a focus on the technology sector for The Times. I stay connected with my homeland in Taiwan and explore the world through film, music and books. Here are five things I’ve been watching, reading and listening to →
Persons: , I’ve Organizations: The Times Locations: China, Taiwan
Shopping hauls are so back
  + stars: | 2024-08-17 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +8 min
CNN —Aria Liu, 17, regularly posts shopping haul videos to her YouTube channel, which has 300,000 subscribers. “I don’t know what it is, but when I’m shopping online, money doesn’t feel real.”Liu’s not alone. Shopping hauls have existed for years, if not decades. Aria Liu says that the shopping haul videos she posts on her YouTube channel, “urmomsushi,” are the ones that garner the most views. There’s also a growing body of research that is questioning whether social media can be dangerous, especially for younger users.
Persons: Aria Liu, , , ” Liu’s, Liu It’s, Philippa Ward, Katie Fang, TikTok, Fang, hashtags, Alistair Berg, Matthias Lehner, ” Lehner, Katrina Caspelich, There’s, there’s, ” Caspelich Organizations: CNN, YouTube, Consumer, US Commerce Department, Consumer Financial, University of Gloucestershire, Research, Federal Reserve Bank of New, Centre for Retail Research, Lund University Locations: Federal Reserve Bank of New York, TikTok, Lund , Sweden,
Ambitious workers get a lot of advice early in their career about how to get ahead. One common tip is: Be among the first to arrive at the office and the last to leave to show your boss you're committed to the job. Looking back, Doe recognizes that the well-intentioned advice often comes with the caveat that working long hours shows your dedication to your work at the expense of your personal time and life. "I didn't have any sort of work-life harmony in my life," says Doe, who now runs her own marketing agency, Verbatim. Stacie Haller, chief career advisor at ResumeBuilder with over 30 years of recruiting experience, agrees.
Persons: Brianna Doe, Doe, we've, Stacie Haller Organizations: CNBC
China’s Great Wall of Villages
  + stars: | 2024-08-10 | by ( Muyi Xiao | Agnes Chang | ) www.nytimes.com   time to read: +14 min
China’s Great Wall of Villages China has moved thousands of people to new settlements on its frontiers. Mr. Akester and Mr. Barnett, who have studied Tibet’s border villages for years, reviewed The Times’s findings. In neighboring Xinjiang and Yunnan, The Times identified six new and 59 expanded border villages. (China says there are hundreds of villages like them, but few details are available and many appear to be mere upgrades of existing villages.) A Times investigation found 12 villages in disputed areas Disputed areas Villages in disputed areas Other villages CHINA CHINA TIBET Arunachal Pradesh Controlled by India Claimed by China BHUTAN INDIA MYANMAR 50 miles CHINA CHINA TIBET Arunachal Pradesh Controlled by India Claimed by China BHUTAN MYANMAR INDIA 75 miles Source: RAIC Labs and The Times analysis of Planet Labs satellite imageryChina makes clear that the villages are there for security.
Persons: , Xi Jinping, Bhutan Gyalaphug, Tian Shan Wang, Matthew Akester, Robert Barnett, Akester, Barnett, India Demchok, ” Mr, Xi’s, Brahma Chellaney, Mr, Chellaney, Liu Pengyu, Brian Hart, India Migyitun, Jing Qian, Tenzin, Organizations: Daily, New York Times, RAIC Labs, Planet Labs, The Times, SOAS University of London, India, China United Front News Network, Times, , Embassy, Local, Planet Labs India, China Power, Center for Strategic, International Studies, Maxar, Center for, Asia Society, Communist Party, Human Rights Watch Locations: China, India, Beijing, Arunachal Pradesh, Tibet, Bhutan, Nepal, Central Asia, Southeast Asia, Tajikistan Fumin, Aimin, Vietnam, Luozha county, Shannan, Tibet Autonomous, Fumin, Xinjiang, Yunnan, China’s, CHINA CHINA TIBET Arunachal Pradesh, China BHUTAN INDIA MYANMAR, China BHUTAN MYANMAR INDIA, New Delhi, South China, Washington, ” India, Ladakh, Times, , Center for China, Central Asians, Dokha
PARIS — Algerian Imane Khelif won welterweight gold Friday, dispatching China’s Yang Liu and overcoming a firestorm of questions from opponents wrongly questioning her gender. "Your victory today belongs to Algeria, and your gold is Algeria’s gold. Khelif held up her gold medal for the cameras and said this was a culmination of eight years of work. Khelif and Lin are veteran fighters and well-known in the women’s boxing community. She was the first Algerian boxer to participate in the Olympics and win the most beautiful medal,” the Algerian Olympic Committee wrote on Facebook.
Persons: Imane Khelif, China’s Yang Liu, Khelif, Roland, Abdelmadjid Tebboune, Lin Yu, Ting, Angela Carini, Yang, didn’t, Lin, , Umar Kremlev, Khelif’s, sparred, Dmitry Polyanskiy, Toufik Koudri, , David K, Li, Sam Brock, Rima Abdelkader Organizations: Roland, Garros, Team Algeria, Algerian, Boxing, IBA, IOC, USA, Gazprom, United Nations, Olympics, Algerian Olympic, Facebook Locations: PARIS, Algerian, Algeria, USA, Europe, Chinese Taipei, France, Russian, New Delhi, Bulgarian, Paris, Russia, , Connecticut
Lithuania's Dominika Banevič, known as Nicka, at La Concorde in Paris on Friday. Lithuania's Dominika Banevič known as Nicka, Japan's Ami Yuasa known as Ami, and China's Liu Qingyi known as 671 at La Concorde in Paris, on Friday. Odd Andersen / AFP - Getty ImagesUsually the Place de la Concorde is a busy traffic intersection. Team USA's Logan Edra, known as Logistx, competes in the breaking round-robin at the Olympics in Paris, on Friday. On Saturday, USA's B-Boys Victor and Jeffro will be among the athletes competing in the men's try of Olympic breaking, wrapping the sport's Paris showing.
Persons: Japan’s Ami, Lithuania's Nicka, Ami, Nicka, Dominika, Odd Andersen, Elsa, Getty, India —, Japan's Ami Yuasa, China's Liu Qingyi, La Madeleine, Malik, , Sunny, Logistx, USA's Logan Edra, It’s, Ava Rodriguez, Rodriguez, Alison Palaia, Eric Quinlan, , Quinlan, “ We’ve, Palaia, , USA's, Boys Victor, Jeffro, Alexander Smith, Rebecca Cohen Organizations: PARIS, La Concorde, AFP, Getty, Team USA, China's, Team United States, Nicka, Concorde, La, U.S, Los Angeles Games, Olympics, Boys Locations: Japanese, Lithuanian, Paris, Bronx, New York City, Netherlands, India, Carlota, Luxor, France, America, Norwalk, Conn, U.S,
"I've grown up with the American perspective that your career is really important," Ingrim tells CNBC Make It. Ingrim has worked for financial service companies across Europe, which typically provided 25 vacation days per year on top of around 10 public holidays. "If you go to a party in the U.S., one of the first things people do is ask each other what they do for work," Ingrim explains. The social norm reflects an overall culture that prioritizes life outside of work more so than the typical U.S perspective. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Alex Ingrim, I've, That's, Ingrim, He's, Chase Buchanan, Louisa Organizations: CNBC, Chase Buchanan USA Locations: U.S, France, Malta, Italy, Europe, Florence
Hong Kong CNN —Presumptive Democratic presidential nominee Kamala Harris’ running mate has a decades-long connection with China. “I remember waking up and seeing the news on June 4 that the unthinkable had happened,” Walz told Voice of America in an interview in 2014. The newlyweds spent their honeymoon taking students on two-week tours in China for sightseeing and classes on culture, education and history. In Chinese nationalist circles, which have an outsized voice on policy debates in China, there are no rosy illusions about Walz. The hashtag “Harris’ VP pick once taught in China” racked up 15 million views on microblogging site Weibo.
Persons: Hong Kong CNN —, Kamala Harris ’, Tim Walz, Walz, , Dalai Lama, Joshua Wong, Shen Dingli, ” Shen, ’ Walz, , Mao Zedong, Deng Xiaoping, ” Walz, Gwen, Cara Roemhildt, ” Roemhildt, Jeff Widener, ’ ”, Liu Dongshu, Liu Xiaobo, Lobsang Sangay, ” Tim Walz, X, Hong Kong’s, Wong, ” Jeffrey Ngo, “ Walz, ” Ngo, ” Shen Yi, “ We’re, ” Stephen Roach, Morgan Stanley Asia, Harris, Eric Fish, Hong Kong's, Joshua Wang, George H, Bush, Bush’s, there’s, Liu, “ Harris, China ”, , Xi Jinping, “ Heh, I’ve, they’re Organizations: Hong Kong CNN, Democratic, United States ’, Republican, Communist Party, Star, Herald, CNN, Harvard University, Paramount, America, , of, People, Associated, Congressional, Commission, City University of Hong, Hong, Hong Kong Human Rights, Democracy, White Locations: Hong Kong, China, Beijing, Minnesota, Tiananmen, Nebraska, Shanghai, Foshan, Guangdong, America, Congress, City University of Hong Kong, Tibet, Dalai, Washington, , South China, Weibo
CNN —Algerian boxer Imane Khelif defeated Chinese opponent Yang Liu in the 66kg gold medal bout at the Paris Summer Olympics on Friday. With a huge lead on the scorecards, Khelif continued to apply the pressure to Yang in the third and final round. For eight years, this has been my dream and I’m now the Olympic champion and gold medallist,” she said after the fight. The crowd cheered raucously as it was announced that Khelif had won the gold medal on points by unanimous decision. Khelif had been the subject of global attention after defeating Italian boxer Angela Carini in just 46 seconds in a preliminary match.
Persons: Imane Khelif, Yang Liu, Khelif, Yang, , I’m, , “ I’ve, raucously, Angela Carini, Khelif “, Thomas Bach, Lin, ” Bach, Mark Adams, Boxer Lin Yu Organizations: CNN, Paris, Roland, Games, Algerian, Olympic, Olympic Committee, Associated Press, Carini, IOC Locations: Algerian, Algeria, Paris, Taiwan
Chun Shui Tang founder Liu Han-chieh and managing director Angela Liu at one of their company's teahouses in Taichung. Chun Shui Tang's executives appear unperturbed by the many shapes and forms boba tea takes these days — Heinz ketchup boba tea, anyone? AdvertisementIn 2008, Chun Shui Tang introduced a boba tea hot pot with a savory tea-infused broth. Huileng Tan/Business InsiderChun Shui Tang OG shop in Taichung is a tourist hotspotToday, Liu's OG Chun Shui Tang teahouse in Taichung is on many tourists' checklists. Chun Shui Tang founder Liu said he isn't worried about the competition, because the market is big enough for everyone.
Persons: , Chui, Chui Shui Tang, Chun Shui Tang, Liu Han, Liu, It's, Lin Hsiu, Chun, Huileng Tan, Lin, Angela —, doesn't, he's, Tang, He's, boba, Tu, Liu's, Angela, Chun Shui, Angela Liu, Heinz, they've, Liu wasn't, Mark Anthony Villones, Villones, Filippino Mark Anthony Villones, Kayne Sy, China Chun Shui Tang, Jason Yu, Kantar, Aly Song, Yu, it's Organizations: Service, Business, Chun Shui, Starbucks, Purdue University, Chun Shui Tang, Liu's, BI Locations: Chui Shui, Taiwan, Taichung, Japan, Tainan, China, Huileng, , Philippines, Central China, Hong Kong
PARIS — The second boxer at the center of a global debate over gender eligibility and fairness at the Paris Olympics won her semifinal match Wednesday, ascending to the featherweight gold medal bout. Lin and another female Olympic boxer, Imane Khelif of Algeria, continue to face intense scrutiny and false accusations about their gender and eligibility to compete with women. The Bulgarian Olympic Committee later confirmed that Staneva was boasting about having XX chromosomes in an attempt to mock Lin. "The opponent is a respectable one.”Algeria's Imane Khelif reacts after defeating Thailand's Janjaem Suwannapheng in a women's 66-kilogram semifinal boxing match at the Olympics on Tuesday. Some who initially criticized Khelif and Lin apologized as more information about them and the IBA’s legitimacy came to light.
Persons: Lin Yu, Esra Yildiz, Lin, Imane, Kahraman, Svetlana Staneva, Staneva, Turkey's, Peter Byrne, ” Lin, couldn't, Khelif, Thailand's Janjaem, Ariana Cubillos, Thailand’s Janjaem, Umar Kremlev —, Vladimir Putin —, Thomas Bach, ” Bach, Aijaz, , Mark Adams, ​ “, Lin’s, Khelif’s, Kremlev, Imane Khelif, Vadim Ghirda, Elon Musk, Harry Potter ”, J.K, Rowling, Donald Trump, ” Trump, Logan Paul, ” Riley Gaines, Nikki Hiltz, , ” Hiltz, it’s, ” Khelif, Yang Liu of, Julia Szeremeta, Garros, David K, Li, Matt Lavietes, Jiachuan Wu Organizations: PARIS, Paris Olympics, Bulgarian Olympic, Representatives, Turkish Olympic, Press, AP, Tokyo, Boxing Association, Olympic Committee, IOC, IBA, SNTV, USA, Olympics, X, Boston Globe, Roland Locations: Taipei, Turkey, Algeria, Paris, Russian, New Delhi, Russia, Hangzhou, China, Istanbul, , Yang Liu of China, Taiwan, New York
Hong Kong CNN —Asian markets made solid gains Wednesday, with Japanese shares reversing early losses after a central bank official played down the prospect of an immediate hike in interest rates. The gains follow days of volatility, which saw the Nikkei suffering Monday its biggest daily loss since 1987. “We won’t raise interest rates when financial markets are unstable,” he was quoted as saying in a speech to executives in the northern Japanese city of Hakodate. The central bank has hiked interest rates twice this year in a bid to contain inflation. Decades of extremely low interest rates in Japan had seen many investors borrow cash cheaply there before converting it to other currencies to invest in higher-yielding assets.
Persons: Shinichi Uchida, Kospi, Hong, Taiex, Uchida, , Olesya Organizations: Hong Kong CNN, Nikkei, Bank of Japan, US, Dow, Nasdaq Locations: Hong Kong, Asia, South, Hakodate, , Japan, Europe, London
Read previewThere are 17 known couples participating in this year's Olympics in Paris, and they are having a moment. Chinese badminton stars Liu Yuchen and Huang Ya Qiong got engaged after Huang won gold in the mixed doubles. "Talk about a great opportunity for intense social bonding," said Morley, who provides individual and couples therapy in Boston. Christian Petersen/Getty ImagesMorley told Business Insider that being an Olympic couple is a unique experience—somewhat like being a celebrity. AdvertisementSome couples work around that by training together, like former British Olympic triathletes Stuart Hayes and Michelle Dillon.
Persons: , Liu Yuchen, Huang Ya Qiong, Huang, Pablo Simonet, Maria Campoy, Olga Kharlan, Luigi Samele, Gregorio Paltrinieri, Rossella Fiamingo, Katerina Siniakova, Tomas Machac, Clive Brunskill, Isabelle Morley, Morley, Tara Davis, Hunter Woodhall, Christian Petersen, Alex de Minaur, Katie Boulter, Tim Clayton, Lea Schüller, Lara Vadlau, Vadlau, Schüller, Lee Kiefer, Gerek, Wally Skalij, they're, Stuart Hayes, Michelle Dillon, Jacopo Raule Organizations: Service, Business, Woodhall, Paralympic, Getty, Tennis, FC Bayern Munich's, Olympics, University of Kentucky Locations: Paris, Argentine, Czech, Boston, Australia, Great Britain, German, Austrian
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