DIRS.INFO The most relevant business & tech news

☆ Layoffs are set to continue. But workers from this sector may likely escape
▼ + stars: | 2023-03-02 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +6 min

Cybersecurity professionals are vital in reducing risks of cyberattacks, especially so in times of financial instability, experts told CNBC Make It. Demand for these roles are likely to increase as ... the complexity of cyberattacks are intensifying in scale and scope. "These advancements have driven the need for reliable and experienced cybersecurity professionals to build and maintain secure digital infrastructures," he added. The increased risk of cyberthreats is also a key contributor to higher demand for cybersecurity professionals, said Pooja Chhabria, LinkedIn's head of editorial for Asia-Pacific. "The need for cybersecurity professionals who can identify and prevent these attacks will become paramount."

Instead the opposite happened," said Representative Raja Krishnamoorthi, the top Democrat on the select committee, in his opening remarks. McMaster said the United States must put a priority on expediting delivery of billions of dollars of weapons and munitions that Taiwan has already purchased. Although the committee is bipartisan, some Democratic lawmakers have voiced concerns that it could fuel anti-Asian sentiment within the United States. The select committee has 13 Republican and 11 Democratic members. It will not write legislation, but will draw attention to competition between the United States and China on a range of fronts and make policy recommendations.

☆ Analysis: China's role as Ukraine peacemaker raises doubt as it 'deepens' Russia ties
▼ + stars: | 2023-02-23 | by ( Martin Quin Pollard | ) www.reuters.com time to read: +5 min

A year after Russia invaded its southwestern neighbour, its "no limits" partner China is offering to broker peace. It says it will issue a "position paper" on Ukraine and President Xi Jinping is expected to give a "peace speech" this week, Italy's foreign minister said. "At the moment China’s peace effort will stay at the rhetorical level," said Li Mingjiang, associate professor of international relations at Singapore's S. Rajaratnam School of International Studies. Still, China is unlikely to provide Russia with military aid any time soon, at least not overtly, experts and diplomats said. "China still sees Russia as a central element of its overarching strategy to weaken U.S. power and influence and build a multipolar world," he said.

"Putin's suspension may have set us further back in terms of getting China to step up to the transparency table. "This is only going to make China even less interested in pursuing co-operative nuclear security with the United States," Zhao told Reuters. NO FIRST USEA nuclear power since the early 1960s, China for decades maintained a small number of nuclear warheads and missiles as a deterrent under its unique "no first use" pledge. A month earlier, Washington's Nuclear Posture Review said Beijing had been reluctant to engage in strategic nuclear discussions but that both bilateral and multilateral talks were needed. That would make it harder for the United States and its allies to engage Beijing on its nuclear doctrine, particularly on "no first use".

☆ Goldman Sachs says these stocks are too attractive to ignore in an uncertain economy
▼ + stars: | 2023-02-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs unveiled a slew of stocks this week that could have major upside throughout 2023. Howmet Aerospace Goldman Sachs is standing by its buy rating on the aerospace products company. "Howmet remains well positioned in the commercial aerospace growth market, delivering critical components, taking market share, generating strong margins and cash ﬂow," he said. Howmet remains well positioned in the commercial aerospace growth market, delivering critical components, taking market share, generating strong margins and cash ﬂow. The quarter was one of progress on multiple fronts, including margins, market share, and cash flow.

☆ Microsoft-backed OpenAI to let users customize ChatGPT
▼ + stars: | 2023-02-17 | by ( Anna Tong | ) www.reuters.com time to read: +2 min

SAN FRANCISCO, Feb 16 (Reuters) - OpenAI, the startup behind ChatGPT, on Thursday said it is developing an upgrade to its viral chatbot that users can customize, as it works to address concerns about bias in artificial intelligence. How technology companies set guardrails for this nascent technology is a key focus area for companies in the generative AI space with which they’re still wrestling. OpenAI said in the blog post that ChatGPT’s answers are first trained on large text datasets available on the Internet. As a second step, humans review a smaller dataset, and are given guidelines for what to do in different situations. Reporting by Anna Tong in San Francisco; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ Singapore drops pre-departure requirements for travelers, further eases mask rules
▼ + stars: | 2023-02-09 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

Changes to travelAll travelers entering Singapore via air or sea must still to submit a health declaration before or on arrival, said the ministry. In addition to removing the need to show proof of a negative pre-departure test, short-term visitors will also not be required to buy Covid travel insurance. Previously, non-fully vaccinated visitors were required to test negative for Covid within 2 days prior to their departure for Singapore. Singapore opened vaccinated travel lanes in April 2022 to facilitate safe resumption of international travel. Further Covid measures were eased at the end of August, as authorities removed indoor mask requirements and allowed non-fully vaccinated travelers to skip quarantine on arrival.

Companies and the U.S. government are shelling out billions of dollars to establish a supply chain for batteries in North America, a manufacturing effort that is critical to the auto industry’s long-range plans to put more electric vehicles on the road. Batteries are the most expensive component in an electric vehicle, accounting for about one-third of its cost.

☆ This college dropout sold his first company for six figures at 21. Here's his recipe for success
▼ + stars: | 2023-02-06 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

When Kevin Kim dropped out of college at 21 to become an entrepreneur, it seemed like a huge gamble. Kim had just sold his first company — which he started when he was just 18 — for "six figures." His e-commerce company imported streetwear from South Korea and sold it all over North America, he told CNBC Make It. The importance of company culture cannot be underestimated, Kim stressed, if one wants to build an "iconic long-term company." Kevin Kim Co-founder and CEO, Stadium Live

October 2022 Wang Linfang,92, molecular biologist Four members of China’s two most prestigious academic institutions died in October – in line with the average in recent years. October 2022 Wang Linfang,92, molecular biologist Four members of China’s two most prestigious academic institutions died in October – in line with the average in recent years. Zhang Guocheng, 91 Zhao Zisen, 90, developed China’s first practical optical fiber Tang Hongxiao, 91 The obituaries began accumulating. October 2022 Wang Linfang,92, molecular biologist Four members of China’s two most prestigious academic institutions died in October – in line with the average in recent years. October 2022 Wang Linfang,92, molecular biologist Four members of China’s two most prestigious academic institutions died in October – in line with the average in recent years.

[1/4] Spectators watch after a suspected Chinese spy balloon was shot down off the coast in Holden Beach, North Carolina, U.S. February 4, 2023. Regional analysts and diplomats are closely watching China's response after a U.S. fighter jet shot down the balloon - which Beijing says was an errant weather-monitoring craft - in the Atlantic off South Carolina on Saturday. China on Sunday condemned the attack as an "over-reaction", saying it reserved the right to use the necessary means to deal with "similar situations", without elaborating. But while bilateral tension has risen in the past few days over the balloon incident, Beijing and Washington have been seeking to improve ties. Naval Postgraduate School in California, said any Chinese response would be limited.

Hong Kong's new global promotional campaign will "kickstart" the city's reopening to international travelers, the Hong Kong Tourism Board told CNBC's "Squawk Box Asia" on Friday. As part of the "Hello Hong Kong" campaign, which was launched on Thursday, 500,000 air tickets will be given away over the next six months, starting in March. The tickets will be given out through three Hong Kong's carriers — Cathay Pacific, HK Express and Hong Kong Airlines. "[But] you want to kickstart and … tell the world in a clear message that Hong Kong and then mainland — we have finally reopened." Some 80,000 tickets have also been reserved for Hong Kong residents which authorities aim to give out in the summer.

☆ Hong Kong services to rebound as China reopens, but UBP says sector is coming from 'fragile situation'
▼ + stars: | 2023-02-02 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: 1 min

Hong Kong's service sector will be the part of economy that sees "the biggest rebound" as borders reopen, UBP told CNBC's "Squawk Box Asia" on Thursday. However, it warned that the sector is coming "from a very fragile situation," given its contraction in every quarter of 2022. "We can't exclude the possibility of further insolvencies or bankruptcies … even as things do look to improve in the months ahead," said Carlos Casanova, UBP's senior economist for Asia. The latest figures from the Hong Kong government also showed the city's economy contracted by 4.2% in its fourth quarter, the fourth-straight quarter of declines. "That contraction was much faster than we had anticipated, our forecast was -2.8%," Casanova added.

☆ The rising cost of living isn't the only reason many in Asia are putting off retirement, Randstad says
▼ + stars: | 2023-01-31 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

Workers surveyed in China are the least likely to retire as soon as possible — even "in an ideal world," Randstad said. Edwin Tan | E+ | Getty ImagesThe cost of living crisis is delaying the retirement plans of working professionals worldwide, said recruitment agency Randstad. Its latest Workmonitor report found that only half of surveyed workers believe they can permanently leave the workforce before they turn 65, down from 61% last year. The annual report surveyed 35,000 people across 34 markets for their sentiments on the world of work. Workers feel they "need" work in their lives because having a stable job allows them to "feel valued and respected" by their peers, he added.

☆ A Chinese invasion of Taiwan is a real and dangerous possibility that could wreck armies and ruin the global economy worse than the 1929 stock market crash
▼ + stars: | 2023-01-29 | by ( Jacob Zinkula | Jake Epstein | ) www.businessinsider.com time to read: +11 min

Experts say the military and economic impacts for could be catastrophic, and not just for China and Taiwan. Whether it's 2030, 2027, 2025, or even this year, experts say it could wreak havoc on the global economy and take a devastating toll on the militaries involved. CFOTO/Future Publishing via Getty ImagesThough China's actions have stirred fears of a possible Chinese attack, the US military assesses that an invasion of Taiwan would prove extremely difficult for the Chinese military. Threats to one company could spell catastropheLooking at this situation from an economic perspective, a Chinese invasion of Taiwan could mean trillions of dollars in losses and a serious global recession. Others have argued it's in the self interest of both China and the United State to overplay the likelihood of a Taiwan invasion.

☆ A 26-year-old founded a medical startup — the same year he lost almost half his vision
▼ + stars: | 2023-01-27 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

Kevin Choi, who is Medi Whale's CEO, said he is a firm believer that his diagnosis is "not a coincidence." MediwhaleAs a rifleman in the Republic of Korea Marine Corps who endured harsh training as part of his national service, Kevin Choi had "no doubt" about the state of his health. Long patient journey is a big hurdle to get past. "Long patient journey is a big hurdle to get past. Every conversation I have with doctors or experts … is a lesson to be learnt," said Kevin Choi.

☆ 'Rage applying' isn't new — but is it effective? Here's what workplace experts say
▼ + stars: | 2023-01-25 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +9 min

The 27-year-old is among many young workers who identify with "rage applying," a term that recently went viral on TikTok. Rage applying is a "more aggressive evolution" of what frustrated workers are doing following the "quiet quitting" phenomenon, Zimmerman added. When I was rage applying, it was a way for me to feel like I had control over my life. That is no doubt a major draw for professionals who were or want to be part of "the big quit" and "rage applying." Benefits of rage applyingNevertheless, apart from potential financial gains, rage applying and going for interviews — should you secure any — could be beneficial, said Bergen.

☆ Connecticut Attorney General William Tong on DOJ suing Google over ad technology
▼ + stars: | 2023-01-25 | 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 EmailConnecticut Attorney General William Tong on DOJ suing Google over ad technologyConnecticut Attorney General William Tong joins 'Squawk on the Street' to discuss the antitrust suit filed by DOJ against Google.

☆ Singapore’s 15 fastest-growing jobs for 2023, according to LinkedIn
▼ + stars: | 2023-01-22 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +8 min

Jobs that help companies digitize and grow amid economic volatility are on the rise in Singapore, according to LinkedIn. Its latest Jobs on the Rise data revealed spikes in hiring for growth specialists, technical jobs and health-care professionals in Asia — among other jobs expected to expand hiring well into 2023. Researchers from LinkedIn examined jobs from January 2018 to July 2022 to calculate the growth rate for each job title in a specific country. Here's the full list of Singapore's jobs on the rise in 2023, according to LinkedIn:1. Machine learning engineerMost common skills: TensorFlow, Deep Learning, PyTorch Most common industries: Technology and media, manufacturing, financial services Median years of prior experience: 2.6 Remote job availability: 4.5%12.

☆ Looking for a job in India? Hiring for these jobs is on the rise in 2023, according to LinkedIn
▼ + stars: | 2023-01-19 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +7 min

Its latest Jobs on the Rise data revealed spikes in hiring for growth specialists, technical workers and health-care professionals in Asia — among other jobs expected to grow in hiring well into 2023. Data annotatorMost common skills: Data analysis, accounting, data visualization Most common industries: Professional services, technology and media, manufacturing Average years of prior experience: 2.2 Remote job availability: N/A7. Actuarial associateRelated job titles: Actuarial consultant Most common skills: Actuarial science, visual basic for applications (VBA), insurance Most common industries: Professional services, financial services Average years of prior experience: 2 Remote job availability: 7.3%11. Acquisition associateMost common skills: Customer relationship management (CRM), business strategy, data analysis Most common industries: Technology and media, professional services, financial services Average years of prior experience: 2 Remote job availability: 31.3%13. Drone pilotMost common skills: Drone piloting, drone photography, drone mapping Most common industries: Manufacturing, transportation, logistics Average years of prior experience: 2.2 Remote job availability: 10.5%15.

☆ China to launch state-backed transport platform for ride-hailing, trucking
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, Jan 18 (Reuters) - China will soon launch a state-backed platform for transport which includes services of ride-hailing, cargo trucking, road transport, railway, ferry and flight services, Chinese state media Beijing Daily reported on Wednesday. China's ride-hailing market was dominated by Didi Global which ran afoul of powerful regulator the Cyberspace Administration of China in 2021. The 18-month ban on the ride-hailer was lifted on Monday after the company took effective measures to ensure platform safety and data security. The state-backed platform, called "Qiang Guo Jiao Tong" - or "Powerful Nation's Transportation" - will offer people convenient services while maintaining data security and protecting personal privacy, Beijing Daily reported. Other social media apps such as Wechat, Alipay and Douyin will be integrated into the platform, the report added.

☆ Recession fears won't stop 'the big quit' in 2023, says LinkedIn
▼ + stars: | 2023-01-17 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

This is based on the latest findings from LinkedIn's Workforce Confidence Index research conducted among more than 4,000 employees across Singapore, Australia and India. "As professionals expand their skill sets, they are gaining more transferable skills that can be applied to multiple job roles and improves their likelihood of securing a job," Chhabria added. Pooja Chhabria career expert, LinkedInThat has set the stage for post-pandemic work and these desires will not go away anytime soon. This is why employees may not be looking to stay at their job for a long time, according to LinkedIn. Pooja Chhabria career expert, LinkedIn

☆ China's reopening set to boost Hong Kong's property market as retail leads the recovery: Colliers
▼ + stars: | 2023-01-12 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: 1 min

In light of China's reopening and easing of Covid rules, Hong Kong's property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong. The retail market in particular will reap the "best benefit," Hannah Jeong, Colliers' head of valuation and advisory services, told CNBC's "Squawk Box Asia" on Thursday. However, there are still some potential headwinds this year that may undercut Hong Kong's recovery, Colliers said in its latest report. "We are looking at a more cautiously optimistic view for 2023," Jeong added. "There will be different uncertainties from external factors but borders opening is surely the one of the booster[s] for many other sectors within the property market."

☆ New to the job market? These 5 'soft' skills could give young workers an edge, according to LinkedIn
▼ + stars: | 2023-01-04 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +4 min

The top soft skills young workers should focus on building for the new year ahead includes communication, time management and critical thinking, said LinkedIn. Hard skills can help you get a recruiter's attention, but soft skills can help you land the job. While hard skills remain crucial to securing a job, soft skills can help candidates stand out from the pack. "Hard skills can help you get a recruiter's attention, but soft skills can help you land the job," Chhabria added. "[But] you also need soft skills such as presentation skills to deliver a great sales pitch to your customer or communication skills so you can communicate with confidence with your team and the customer."

☆ China state media plays down severity of COVID wave before WHO meeting
▼ + stars: | 2023-01-03 | by ( Bernard Orr | ) www.reuters.com time to read: +5 min

The World Health Organization on Friday urged China's health officials to regularly share specific and real-time information on the COVID situation. The agency has invited Chinese scientists to present detailed data on viral sequencing at a meeting of a technical advisory group scheduled for Tuesday. The European Union has offered free COVID vaccines to China to help contain the outbreak, the Financial Times reported on Tuesday. China has rejected criticism of its COVID data and said any new mutations may be more infectious but less harmful. Data on Tuesday showed China's factory activity shrank at a sharper pace in December as the COVID wave disrupted production and hurt demand.

Search resuls for: "TONG"

25 mentions found