ZURICH: Credit Suisse expects to decide on a new strategy by the end of the year, chairman Antonio Horta-Osorio said in his first interview since assuming the role at the troubled lender. Credit Suisse’s top management are under pressure to come up with an overhaul plan after losing more than US$5bil (RM20.8bil) in the rush to unwind trades by family office Archegos, on the heels of the collapse of US$10bil (RM41.6bil) in funds backed by insolvent supply chain finance firm Greensill Capital. Former Lloyds chief executive Horta-Osorio assumed the role in the midst of these scandals, in late April. Describing his first seven weeks in the job – during which he met with employees, as well as Swiss politicians and Swiss, US and British regulators – as “intensive, ” Horta-Osorio said the bank needed a realignment that would clear up short-term crises but also position it for the long term. “I have a clear picture of the direction the bank must take, ” he said in the interview with ... » Learn More about Credit Suisse to realign strategy this year, says chairman
Positive encouraging sayings
Chonburi- The Chonburi Governor, Phakthorn Thienchai, along with the Chonburi Provincial Communicable Disease Committee, held a meeting this weekend to review current Covid-19 related measures in the province. This comes as Chonburi hit a record new high of 1,062 cases of Covid-19 today, July 31st, 2021. You can see a video version of this article here: According to the Governor, the province will stay under maximum control (Dark red) restrictions that are also mandated by the Center for Covid-19 Situation Administration, or CCSA, in Bangkok. TPN notes that the majority of the measures would have to be lifted by the CCSA before the Governor would be allowed to release his own orders allowing businesses to reopen or people to go to places like parks or pools. These restrictions have been in place for two weeks (although other major restrictions, like the closure of Pattaya’s popular entertainment and nightlife sector, have been in place for almost four months) and so far ... » Learn More about Chonburi Governor says province will remain under maximum control measures, focusing on control of factories
IPOH: Perak is expected to see a surge of Covid-19 cases in the coming weeks, says Tan Sri Dr Noor Hisham Abdullah. The Health director-general said there is an increase in positive cases in the state of late and he expects the numbers to increase in the next two to three weeks. "There has been an increase in cases lately, including those in Category Four and Five who need critical treatment. "As of July 31, there are 121 patients currently being treated in intensive care units (ICU) with an average rate of seven days of ICU bed usage exceeding 100%," he said in a Facebook post late Saturday (July 31) night. "The state Health Department and various agencies are working to face the growing number of Covid-19 cases that are expected to occur in the next two to three weeks," he added. Dr Noor Hisham had visited Raja Permaisuri Bainun Hospital, Taiping Hospital, Tapah Hospital and Slim River Hospital to check on preparations to face the surge of cases. Perak recorded 775 new ... » Learn More about Covid-19: Perak expected to see a surge in cases in coming weeks, says Health DG
* denotes name changed to protect the person’s identity SINGAPORE: When Jane* opened up to her secondary school counsellor about the cold wars and troubles she was having with some close friends, she was told that “life’s like that”. That was the then 14-year-old’s first session. “I felt ignored, like (school counselling is hopeless) even if I bring up my problems,” said Jane, now 17 and in her first year at junior college. She had been “mandated” to attend counselling because she was frequently late for class and did not submit homework on time. She recalled her form teacher telling her outside the classroom, in full view and within earshot of her classmates, that a session had been arranged to address her tardiness. “It brings the idea that those who aren’t faring well have some problems and need to see the counsellor, rather than (the idea that) people … want to see a counsellor because of personal reasons,” she said. After three compulsory sessions on her time ... » Learn More about ‘With school counsellors, it’s really hit-or-miss’: Behind the challenge of safeguarding student mental health
SINGAPORE - Two years ago, national jiu-jitsu exponent Constance Lien became a world champion after winning the women's blue belt featherweight at the World IBJJF Jiu-Jitsu Championships. But the belt quickly became a heavy burden for the then 19-year-old, who felt that a lot more was expected of her. Weighed down by the pressure, she performed poorly at her next competition a month later and injured herself, suffering a partially torn lateral collateral ligament. Lien is not alone in dealing with such intense pressure. She and American gymnast Simone Biles are among a growing number of athletes who have spoken openly about their battles with mental health issues, which have become increasingly prevalent in recent years. Lien, now 22, said: "I didn't know how to handle the expectations and the thought of what people would now see me as, and that really affected me mentally. "Every athlete has to go through this and it's very common, so I think for me I didn't do well in that ... » Learn More about Olympics: Athletes emboldened to speak out as mental health issues take spotlight
LONDON: British health authorities have urged more pregnant women to get coronavirus jabs after a national study found the Delta variant appeared to increase their risk of severe symptoms. Jacqueline Dunkley-Bent, chief midwifery officer for England, wrote to GPs and midwives on Friday (Jul 30) urging them to encourage expectant mothers to get a jab as new data showed an increase in severe illness among those hospitalised with virus symptoms. She said she was calling on pregnant women to "protect themselves and their babies". The Royal College of Obstetricians and Gynaecologists (RCOG) and the Royal College of Midwives have also recommended vaccination of pregnant women. Public Health England has said it recommends pregnant women get Moderna and Pfizer-BioNTech vaccines because they have been given to more than 130,000 pregnant women in the United States. READ: COVID-19 vaccination in women: Your top 17 questions answered A paper based on national data compiled by the ... » Learn More about UK urges pregnant women to get vaccinated given COVID-19 variant risks
Myanmar's junta has consolidated its position after a lethal crackdown on street protests, which have continued in a limited form despite the violence. Myanmar has endured six months of turmoil since the military deposed Aung San Suu Kyi's government and ended the country's decade-old experiment with democracy. The junta has consolidated its position after a lethal crackdown on street protests, which have continued in a limited form despite the violence. AFP takes a look at the current state of play inside Myanmar: - What's happened since the coup? - The military has killed almost 1,000 people in a running crackdown on dissent, a local monitoring group says, with thousands more arrested. Tens of thousands of civil servants and other workers have either been sacked for joining protests or are still on strike in support of a nationwide civil disobedience campaign. A coronavirus outbreak has overwhelmed the healthcare system, with many hospitals empty due to a work ... » Learn More about What’s happening in Myanmar, 6 months after the coup?
Imagine this scene from the near future. Travel corridors have been established between Singapore and select countries. Your partner went for a getaway trip and served a week of home quarantine after returning. You joke that she missed out on a free stay at a five-star hotel, but who cares, you're both looking forward to attending a concert tonight. A real one, with instruments and crowds and overpriced beverages in plastic cups, and the band interacting with the fans. You rock up to the venue a little early, and take a Pre-Event Test (PET), easily done by huffing into a breathalyser . Your partner has a clean bill of health. Unfortunately, you test positive for Covid-19. You're not sure how it happened. Did it happen while you were queuing up for lunch at McDonald's? Or even at the office, the one time you took off your mask for a coffee break? You don't recall having any symptoms, having been fully vaccinated. Anyway, you're not getting into the concert tonight. ... » Learn More about Like it or not, Covid-19 will remain in the days to come. We’ll just have to live with it.
Are the stars lining up in your favour? While it’s a practice that dates back thousands of years ago, it’s safe to say that astrology has been having its moment. It’s considered a pseudoscience based on the belief that the alignment of stars and planets affects a person’s mood, character, and environment, but that hasn’t stopped an increasing number of people from looking to the cosmos to gain insight into and help in navigating their lives. 1. The Pattern Developed by entrepreneur and YouTube video creator Lisa Donovan, it’s garnered a legion of fans including celebs Channing Tatum and most recently Jennifer Aniston, who have all raved about its accuracy. You get started by sharing details like your name and gender, as well as date, place, and exact time of birth, which the app then uses to generate a unique “pattern” that breaks down your personality traits, behavioural patterns, relationship habits as well as sends daily affirmations. It doubles as a social network too, ... » Learn More about 5 astrology apps for daily readings, birth chart interpretations and more
SINGAPORE: When dining finally reopens – currently planned for Aug 18 when the current Phase 2 (Heightened Alert) curbs are set to end – F&B owners said their biggest worry is managing crowds when they have to check who is vaccinated or not. “We are sandwiched”, said Ya Kun Kaya Toast’s director of branding and market development Jesher Loi. “If the Government enforces, we will have to abide by that. So, we will make adjustments. We will have to check your app … and also there will be ambassadors around who will either insist or assist.” Speaking on CNA’s Heart of the Matter on Thursday (Jul 29), Mr Loi said he foresees huge challenges if his lean staff have to respond dynamically from behind the counter. In his experience, customers tend to look for a table first while one person in the dining group queues for their order. But F&B operators must ensure all of them have their temperatures checked and cannot make exceptions. READ: ‘Too many established names ... » Learn More about F&B veterans brace themselves for new rules when dining-in reopens