Recap: Global shares rose yesterday, heading for a gain on the week, after minutes from the last Fed meeting suggested the US central bank may get less aggressive on monetary policy tightening. The SET index moved in a range of 1,623.6 and 1,646.37 points this week before closing yesterday at 1,638.75, up 0.97% from the previous week, in daily turnover averaging 63.54 billion … [Read more...] about Shares rise on relief over Fed stance
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Khairy: National health screening to be launched in July to detect non-communicable diseases
KUALA LUMPUR: The Health Ministry will launch a national health screening initiative this July to detect non-communicable diseases (NCD), says Khairy Jamaluddin. The Health Minister said the ministry aims to provide 1.5 million people above the age of 40 who never had health screenings with free health screenings - including fecal occult blood stool testing (FOCB) for … [Read more...] about Khairy: National health screening to be launched in July to detect non-communicable diseases
Job crisis looms for Chinese graduates as tech, new energy vehicle firms stop hiring amid Covid-19 lockdowns
A job crisis is looming for China’s youth as entry-level positions are disappearing across industries from tech to new energy vehicles amid the country’s rigid zero Covid-19 policy. Anecdotal evidence, local media reports and official statistics point to a rapid increase in the number of offers being withdrawn, a phenomenon only seen when there is a sudden and significant … [Read more...] about Job crisis looms for Chinese graduates as tech, new energy vehicle firms stop hiring amid Covid-19 lockdowns
Chinese automaker FAW Group considers buying stake in Didi Global – Bloomberg News
(Reuters) - Chinese automaker FAW Group is considering acquiring a significant stake in ride-hailing giant Didi Global Inc, Bloomberg News reported on Friday, citing sources. The state-owned FAW Group has reached out to Didi's top executives and expressed its interest in becoming a major shareholder in the firm, the report https://bloom.bg/38n7Gtm said. U.S.-listed … [Read more...] about Chinese automaker FAW Group considers buying stake in Didi Global – Bloomberg News
UK orders full national security review for Chinese takeover of semiconductor maker Newport Wafer Fab
Britain’s business secretary has ordered a full national security assessment of the £63 million (US$79 million) acquisition last year of the country’s biggest semiconductor maker by Nexperia, a Dutch subsidiary of China’s Wingtech Technology. The inquiry comes after media reports in April stating the British government would not intervene in the deal following a separate … [Read more...] about UK orders full national security review for Chinese takeover of semiconductor maker Newport Wafer Fab